While a U.S. housing correction has started, home prices are still rising in many areas, including Cape Coral-Fort Myers, according to the latest study from researchers at Florida Atlantic University and Florida International University. Cape Coral-Fort Myers is the nation’s most overvalued market, with buyers paying 67.48% percent more than they should, based on the market’s pricing history. Four other Florida markets — Palm Bay, Deltona, Lakeland and Tampa — are also in the top 10, along with Atlanta, Charlotte, Las Vegas, Ogden, Utah; and Boise, Idaho.
Lake Park Diner co-owners Smith Organics and Paul Fleming Restaurant Group anticipate 50 locations of what will be a Naples-based...
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