Ground Zero for 2008 Housing Market Crash Sparks Alarm Bells Again

Newsweek, July 7, 2025-Giulia Carbonaro
Home prices are plummeting in the Florida city considered to have been “ground zero” for the subprime mortgage crisis of 2008, Cape Coral. According to housing experts, the city now has one of the worst housing markets in the entire country—and the situation is likely to continue precipitating in the coming months.
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