Cape Coral is ranked third among cities most likely to see the effects of a housing downturn amplified and home prices decline year over year if the economy goes into a recession, according to a Redfin study. Redfin’s analysis of housing markets in 98 U.S. metros where sufficient data was available uses several housing-related indicators for each metro, including home-price volatility, average debt-to-income ratio and home-price growth. Trailing just behind top-ranked Riverside, California and Boise, Idaho, Cape Coral compiled a 76.7 overall risk score relative to the other metros in the analysis. North Port, Las Vegas and Sacramento, California rounded out the top five.
Hurricane Helene's storm surge spared Santini Marina Plaza on Fort Myers Beach, where The Islander Gift Gallery & Boutique reopened...
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