Cape Coral, Florida
Cape Coral, FloridaCape Coral, along with greater Ft. Myers, in Florida, is one of the most troubled housingmarkets in the United States. In thisimage, one can see that the vast majority of lots in this development have yetto be built. As the housing marketcollapsed in 2008, this hyper-inflated real estate market screeched to a halt,and there has been almost no building in the area since. This stasis is likelyto continue for years to come, until the surrounding glut of new homes andempty land is slowly chipped away by cautious new investors.
