New home permits surge

Lee County, Cape Coral report almost record numbers

Lee County's new-home construction industry has weathered the summer's storms from the looks of near-record housing permit figures released Monday.

"I think the new home construction industry was not that affected except that it's increasing prices," said Michael Reitmann, executive vice president of the Lee Building Industry Association. "We've never seen a dramatic effect because the people in the new-home business are not in the repair business."

New home permits surge [News-Press]

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