Vacant Land - The Next Wave of Foreclosure To Hit The Market?

I got a vacant land foreclosure assigned to me today from M&I Bank that is located in Saint James City on Pine Island (Lee County, FL.)  This raises a question, is vacant land going to be the next wave of foreclosures that come on the market, since no one lives there to call it their "homestead"?

What are your thought?

Another One...

I got another Vacant Lot Foreclosure today located at Quail West, one of S.W. Florida most desirable Golf & Country Club Communities. Lot Size is 0.65 Acres, Golf Course and Lake Frontage.

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