Tag: Naples luxury market
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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%…