Punta Gorda to have nations worst housing price drop

news-press.com — Moody?s Economy.com predicts the Punta Gorda area will see the worst declines in the nation, with a 35 percent drop. A drop of 29.6 percent is predicted for the Naples-Marco Island market, which ranked No. 5 on Moody?s predictions of worst declines, while the Cape Coral-Fort Myers market was No. 22 on the list, with a decline of 22.6 percent. Dec 29, 2007 View in Crawl 4