As the weather cools heading into late fall, so does the U.S. housing market, with Florida leading the nation in metros experiencing the steepest home price declines.
A recent report from real estate analytics firm Cotality revealed that of the 10 coolest markets in the U.S. among the 100 largest metros, seven were in Florida.
Cape Coral, FL, a city of 32,000 renowned for its scenic canals, stood out for recording Florida’s largest year-over-year drop in home prices in September—and the second-highest overall, behind Champaign, IL—falling 7.1%…