Homebuilders On The Move With Land Acquisitions
Roger Bull of The Florida Times-Union reports that in recent weeks, land acquisitions for area homebuilders have included:
– Cornerstone Homes paid $1.32M for 17 lots ($78k/lot) in Crosswater at Pablo Bay off San Pablo Road.
– Weekley Homes paid $3.56M for 38 lots ($94k/lot)
– KB Homes paid $577k for 72 lots ($8k/lot) in Biscayne Grove.
– KB paid $3.1M for 12 acres for 48 lots ($65k/lot) in Egrets Cove.