Builders Stop Work On New Homes
LABELLE, FL. -- New home building in the area has come to a standstill as builders attempt to sell off their existing unsold homes. Only one new home has been hooked up to water and electric utilities in the last three months.
There is an extensive builder inventory of unsold new homes and dozens of uncompleted building shells are scattered throughout Port LaBelle. Some builders have uncompleted homes with no work being done for almost a year.
Photo: A full block of CHL Home Builders, Inc. homes lay uncompleted. Building permits for many uncompleted homes throughout Hendry county were issued nearly two years ago.
From May 22 to June 5, there were eight homes sold in the LaBelle area for an average price of $186,125. All but two were in unincorporated Hendry county in the Port LaBelle community.
1) $138,000 on Albany Rd
2) $183,000 on Brazil Cir
3) $250,000 on Case Rd
4) $214,000 on Keystone Cir
5) $105,000 on Phillips Rd
6) $240,000 on Showboat Ln
7) $204,000 on S Montana Cir
8) $155,000 on W Palomar Cir
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