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Old 07-30-2008, 09:01 AM
 
27,214 posts, read 46,741,218 times
Reputation: 15667

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Vacant Home Lots Stay Vacant (http://www2.tbo.com/content/2008/jul/30/bz-vacant-home-lots-stay-vacant/?news-money - broken link)

There were 915 lots delivered to the Tampa market during the second quarter of 2008, according to the report. That brings the total of finished vacant lots to 31,905, an increase of 9.9 percent from the same period last year.

Hillsborough County's supply is 14,048 lots, or 51.8 months' worth; it would take more than four years to sell them all.

There are nearly five-year supplies in both Pasco and Pinellas counties.

But the worst stories are in Hernando and Citrus counties. Hernando has a vacant lot supply of 11 years. In Citrus County, it would take a whopping 42 years to burn off all its empty home sites, according to Metrostudy.


read more by clicking on the link
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Old 07-30-2008, 09:20 AM
 
Location: Hernando County, FL
8,489 posts, read 20,641,705 times
Reputation: 5397
The reporter talks about Hernando and Citrus as if those lots are in newly formed subdivisions when in reality most are in subdivisions that were platted out 35-40 years ago.

It is not news that semi-rural counties have space to build on.

It would be nice if some of these reporters actually did some research.
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Old 07-30-2008, 10:34 AM
 
27,214 posts, read 46,741,218 times
Reputation: 15667
But in Pasco there are many people living with empty lots next to them and even whole communities where roads are ready, streetlights, even model homes and than abandoned
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Old 07-30-2008, 10:46 AM
 
Location: Hernando County, FL
8,489 posts, read 20,641,705 times
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I guess that is why I brought up Hernando and Citrus.
We did not have dozens and dozens of new developments popping up everywhere like in Wesley Chapel.
There were some but most of the vacnt lots here have been vacant lots for 35 years.
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