Unsold lots in housing developments?

[James Campbell]

Hi guys,

So I was driving around tonight, and it crossed my mind that there are quite a few unsold lots in a housing development near where I live. I'm sure you've all seen them in your own areas where track home developments go in and there are all these really great looking homes, but then an odd vacant lot here and there... What happens to these lots? Does anyone know? If they went unsold, do the developers still own the land? Is there a way to find out who owns the land now? I would think that it would be great to pick up a plot or two, but some of these pieces of land just sit there for decades.