Tag: Luxury condos
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From the Worst Market to a Luxury Oasis: Florida’s Real Estate Rebound
From the Worst Market to a Luxury Oasis: A Southwest Florida Real Estate Rebalance Southwest Florida is seeing a striking divide: Cape Coral, once dubbed the country’s worst housing market, faces a wave of distress as roughly 8% of homeowners owe more on their mortgages than their homes are worth. In sharp contrast, Naples is…
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From Worst Market to Luxury Oasis: Florida Real Estate Rebound
From the worst market to a luxury oasis: Florida’s real estate rebound Two Florida coastal towns tell contrasting stories about the state’s housing cycle: Cape Coral, long labeled the worst housing market in America, and Naples, a magnet for billionaire buyers seeking waterfront luxury. The Wall Street Journal noted in late June that about 8%…
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Naples Luxury Real Estate Rebounds as Florida Market Shifts
Naples Emerges as the Bright Spot in Southwest Florida’s Real Estate Revival Southwest Florida is rewriting its housing narrative. While The Wall Street Journal highlighted Cape Coral as the country’s weakest housing market—where about 8% of homeowners owe more on their mortgages than their homes are worth—the neighboring city of Naples is quietly staging a…