For sale signs line some streets in Cape Coral, and a recent Wall Street Journal article dubbed the city the worst housing market in America, but local real estate experts say that characterization doesn’t tell the full story.
Fox 4’s Bella Line speaks with local real estate and economy experts about the current market:
Local experts weigh in on Cape Coral housing market amid national attention
“It portrays a picture of Cape Coral being in distress when it’s not,” said Karen Borrelli, president of the Royal Palm Coast Realtor Association.
Borrelli says understanding the area’s background is crucial to interpreting why there are so many homes for sale…