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I'm with Bill
Join Date: Feb 2005
Location: Jensen Beach, FL
Posts: 13,028
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About 70% of the houses I am surveying are sitting empty. About 60% of the houses I survey are brand new and never lived in.
One of my builders, who used to start up 30-40 new houses a week, has not started up 40 new houses in 2 years.
I noticed today I hit my 500th job, we are almost mid year, normally I would have bagged 1200-1500 jobs by now, at least 3+ years ago.
I cannot speak for the whole country but I can speak for 3 counties in Florida that I work in and this is what I am seeing.
Like I said before, I can show you many new homes under construction and abandoned.
One of my former employees was laid off from his new job as the developer shut down his entire subdivision project. 3 other huge developments followed his lead.
I have no idea the statistics in Florida but there are too many houses for sale here. Every road I drive down, there are 10+ houses for sale. Everywhere I look there is another house for sale.
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1978 Mini Cooper Pickup
1991 BMW 318i M50 2.8 swap
2005 Mini Cooper S
2014 BMW i3 Giga World - For sale in late March
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