The WPJ

Cape Coral

Hurricane Idalia Threatens 800,000 Homes Along Florida's Gulf Coast

Based on new data from CoreLogic, there are 808,321 single-family and multifamily homes along the Florida Gulf Coast with a reconstruction cost value (RCV) of approximately $238.4 billion are at potential risk of storm surge damage from Hurricane Idalia.

Southwest Florida Housing Markets Hit by Hurricane Ian Bouncing Back

According to national property broker Redfin, listings of homes for sale in the several Southwest Florida cities like the Cape Coral-Fort Myers metropolitan area have recovered after plunging in the wake of Hurricane Ian last fall, and sales have begun to bounce back.

FEMA Paid Out $3.9 Billion in Flood Insurance Payments from Hurricane Ian

According to new data from the Federal Emergency Management Agency, months after Hurricane Ian swept across the southeast United States in 2022, FEMA's National Flood Insurance Program (NFIP) has paid over $3.9 billion to more than 48,000 policyholders.  

U.S. Mortgage Rates Dip in Early April

According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.28 percent in early April 2023.

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