New construction of custom homes and those built for speculation have been popping up all around us in Naples, Florida. In particular, the neighborhoods west of Route 41 (Tamiami Trail) have been setting a blistering pace of new home construction projects that are changing the face of many quiet residential streets. The Law of Supply and Demand has put tremendous pressure on the older homes in desirable areas where the value of the property is in the land itself. Vacant buildable lots are … [Read more...]