Increased building of spec homes signal florida recovery

The increased building of speculation properties in South Florida is a signal of the state’s housing market recovery, according to the Sun Sentinel.

The newspaper recently interviewed Rick Bell of Bell’s Landmark Custom Homes about a mansion he is building in the southwestern part of Broward County. The 24,000-square-foot estate will be a spec home, something that became extinct during the housing meltdown in South Florida.

Bell said to the Sun Sentinel, “If you had asked me three years ago if I was building a spec home, I would say you would need your head examined.”