... While the city's real estate market is slowing down now, it will pick up steam again as babyboomers retire and land prices continue to fall, Feichthaler said.
Growth in Lee County — up nearly 52 percent from 335,113 people in 1990 to 508,634 — also is increasing pressure to develop Cape Coral and Lehigh Acres, according to van Buskirk's report. People will turn to the platted lands of Cape Coral and Lehigh Acres as developable land in the county disappears under new homes and businesses....
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