The Cape Coral-Fort Myers and Punta Gorda areas were among 18 U.S. metro areas to post year-over-year increases in overall mortgage delinquency rates in November 2022, according to data from CoreLogic’s Loan Performance Insight Report. Cape Coral-Fort Myers saw an increase of 3.1% and Punta Gorda experienced a 2.9% jump to top the list. Bloomsburg-Berwick, Pennsylvania, rounded out the top three with a 0.6% increase. For November 2022, 2.9% of all mortgages in the U.S. were in some stage of delinquency, which means 30 days or more past due, including those in foreclosure, representing a 0.7% decrease compared to 3.6% in November 2021.
The Lighthouse Cafe, shut down since Hurricane Ian flooded it Sept. 28, 2022, is reopening almost 19 months later.
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