The Worst Housing Market in America Is Now Florida’s Cape Coral

The Wall Street Journal, June 30, 2025-Deborah Acosta
CAPE CORAL, Fla.—They came in droves via Zoom. Thousands found an inexpensive slice of paradise in Cape Coral, a city with more canals than anywhere else in the world. Househunters were so taken with this boating community on Florida’s west coast that many purchased homes sight unseen during the early years of the pandemic.
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