Homebuilders and affluent buyers are quickly scooping up vacant lots along the waterfront in Pinellas County, as the market continues to flourish with activity despite the limited supply of new homes.
"We are at a two-month supply of homes; a healthy market has a six-month supply. It's still a seller's market. If you have a property on the water, people will pay a premium," said Alex Malagon, a fourth-generation St. Petersburg native who's working with Remax Metro Florida.
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