Our Lot: How Real Estate Came To Own Us, a new book by Alyssa Katz, prominently features the Lee County real estate bubble. The Lee County chapter focuses on the flipping that occurred in Lehigh Acres during the height of the market run-up. Anyone who participated in the Lehigh flipping[…]

Lehigh Acres Featured in Bubble Book

In recognition of President Obama’s visit to Southwest Florida tomorrow, here is a brief poem titled Hey Mr. President: Hey Mr. PresidentYou’re coming to Lehigh AcresTo tour the despairWith our movers and shakers Hey Mr. PresidentPlease buy my Lehigh lotI acquired it in ’05Now it’s worth squat Hey Mr. PresidentSamir[…]

President Obama Visiting Fort Myers

The New York Times covers the economic challenges facing Southwest Florida, and in particular Lehigh Acres in an article titled In Florida, Despair and Foreclosures. The article details the boom years and what has occurred since the real estate market busted. This article is a must read for anyone that[…]

NY Times on Lehigh Acres

An auction of of 51 REO-owned properties is being held at 7 p.m. August 5, 2008, at the Ambassador Riverfront Hotel located at 2500 Edwards Drive in Fort Myers, Florida. The auctioneer for this event is Rick Levin & Associates, Inc. The properties being auctioned off are primarily single-family homes[…]

Fort Myers REO Auction

Lee County is getting youngerThe Fort Myers area is undergoing a significant demographic shift with the average age of our residents rapidly dropping. Much of this growth has occurred in Cape Coral and Lehigh as families have been attracted to these communities in large numbers. Since 2000, Lee County has[…]

Demographic shift