'There are lots of layers to it': What's the state of Lake County's home building market? - News Summed Up

'There are lots of layers to it': What's the state of Lake County's home building market?


Frank StanfieldFor the Daily Commercial | USA TODAY NETWORKWhat is the home building market like these days? Implemented by local governments to pay for services brought on by the rising number of newcomers, the fees have long been a sticking point for homebuilders. The Lake County School Board recently approved a consultant’s study calling for a $12,021 fee on a single-family home larger than 800 square feet. It also affects first-time buyers, retirees looking to downsize, and others who have lived in Lake County for years. A lot of Lake County property already has been approved for development, including vast stretches south of Leesburg along U.S. 27 that eventually will double Leesburg's population, which currently sits at 27,910.


Source: Forbes May 25, 2023 23:35 UTC



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