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#realestate Cape Coral, Florida was the promised land just three years ago. People were moving in by the thousands, bidding wars erupted over every house, and prices doubled in less than two years. Today, that same city has become ground zero for one of the most dramatic housing collapses in modern American history. Home values have cratered by 11%, over half the homes for sale have been slashed in price, and nearly 8% of homeowners now owe more on their mortgages than their houses are worth. While Tallahassee scrambles to contain the damage with billion-dollar bailout funds, families are walking away from their dream homes, bringing cash to closing just to escape. What happened to turn paradise into a financial nightmare, and could your city be next? #realestate Disclaimer: We’re real estate enthusiasts—not licensed agents, appraisers, or financial advisors. All content is based on publicly available data, market observations, and personal opinions, and is shared for entertainment and general information only. Accuracy isn’t guaranteed. Always consult a qualified real estate professional, attorney, or financial advisor before making any property, investment, or relocation decisions.