North Port, Florida: so this is what a housing recession looks like?

by Donald Hanz on cities

In 2000, North Port, Florida, was an affordable, blue-collar enclave between Sarasota and Fort Myers. Then came growth: seven new people every day for six years, and real estate speculators, and now disaster. With 885 homes in MLS, 200 FSBO's, 400 builder inventory units, 195 foreclosures and 300 more in danger, it's homes for sale, cheap. Or…

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