Cape Coral a bad real estate market? Dig deeper. State of real estate in Naples, Lee

Like it did during the Great Recession and the pandemic, Southwest Florida’s real estate market is once again making national headlines.

What’s happening at the moment ties partly into those two historic periods, and there’s more new data this past week helping explain that in today’s column.

In the Know has been dissecting the real estate rumblings and some of the seemingly distressing signals on a regular basis for more than the past year. Now, the likes of the Wall Street Journal, Newsweek and others have taken notice, sometimes citing what we’ve been writing about, and in a few instances agents tell us, perhaps not capturing “the broader dynamics” of what exactly is going on, as the Royal Palm Coast Realtor Association put it…

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