New building permit record

Lee County housing starts at all-time high

Lee County issued 906 new housing permits in May, a new record breaking the previous high mark of 865 set in March.

It is clearly evident from a review of the MLS inventory or a drive through Lehigh that much of this activity is occurring in this section of Lee County.

Cape Coral reported 724 new single family permits, the second highest number ever trailing only the 858 permits issued in March.

These continued high number of permits provides much optimism for investors particularly those focused on vacant land. There continue to be very few new homes available for any period of time in the MLS system as buyers snap up anything that is available at a decent price.

County permits break record [News-Press]

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