Southwest Florida Real Estate News and Market Insight
Market data, mortgage rate movement, housing policy, and property news from across the country and here at home in Collier and Lee counties. Anything that affects what a home in Naples, Bonita Springs, or Estero is worth, and what it costs to own one, is worth understanding before it shows up in your closing statement or your tax bill.
Moratorium on waterfront project applications in downtown West Palm heads to final vote

West Palm Beach commissioners will take a final vote on pausing new project applications for high-rise waterfront developments at next week’s meeting. The proposed ordinance would create a six-month moratorium on new planned development applications for properties south of Monroe Drive, north of So
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Gymnast Simone Biles publicly committed to spending more time in her Texas home recently—and she more than doubled down on that vow when she turned the custom property into a luxurious event space to host some close friends for a very high-end sleepover party. Biles, 29, showcased the fruits of her
Read More United earnings top estimates but airline expects $6 billion in added fuel costs

United reported higher revenue for premium, corporate and no-frills basic economy tickets and higher revenue for both domestic and international trips.
Read MoreLuxury “landmaxxing”: The billionaire push for private compounds

Buying mansions here and there is not enough for the uber-rich. “Landmaxxing,” or buying up adjacent properties to assemble sprawling private compounds, has been a major part of the ultra-luxury market this year, the Wall Street Journal reported. Compounds are increasingly in demand, and some of t
Read MoreShops at Sunset Place owner seeks taxing district to raise $149M

The long-awaited redevelopment of the Shops at Sunset Place in South Miami is seeking a nine-figure boost for the mixed-use project’s infrastructure. Midtown Development, led by founder Alex Vadia, is requesting Miami-Dade County’s approval to establish a special taxing district that would finance
Read MoreRecent Grad Gets Rude Welcome to NYC as His Hotel Is Evacuated in Pfizer Building Scare

A recent Ohio University graduate got a shock last week when he was one of the hundreds affected by an evacuation of the blocks surrounding the Pfizer Building in Midtown Manhattan, amid fears of a building collapse. Hunter Puterbaugh, 22, had just arrived from Ohio and was staying in the Hampton In
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The sprawling Montana lodge where Kelly Clarkson's late ex-husband Brandon Blackstock moved to after their split has been brought to the market for $2.9 million—just under a year after the talent manager passed away following a battle with cancer. Blackstock, who died in August 2025 at the age of 48
Read More Concrete mogul sells waterfront home in Miami’s Bay Point for record price to West Coast buyer

Adonel Concrete’s chairman and CEO Luis Garcia sold his waterfront home in Miami’s Bay Point neighborhood for $27.3 million, a deal that’s reflective of the massive transformation the luxury home market has gone through over the past decade-plus. Garcia listed the home at 790 Lake Road for $10 mill
Read MoreFour Seasons Resort Palm Beach, East Miami hotel score refi totaling $546M

Fort Partners and Blackstone Real Estate separately landed nine-figure refinancing mortgages for hotels in Palm Beach and Brickell totaling $546 million. Blackstone Real Estate, led by Nadeem Meghji, secured $205 million from JPMorganChase for the East Miami hotel at 788 Brickell Plaza, in Brickell
Read MoreDon’t Touch This Room in Your House If You Want To Sell

Most buyers prefer homes with spare bedrooms. However, that doesn’t mean you should spend an arm and a leg customizing yours. “It's a multipurpose room, so you should keep it that way—that's the whole point of it,” says Fiona Dogan, real estate agent at Julia B. Fee Sotheby's International Realty in
Read MoreDolly Parton’s Darling Former Home in West Hollywood Is Now Available To Rent For $12,000 a Month

Fans of Dolly Parton who have dreamed of following in her footsteps now have a chance to do just that—by renting the country music legend's former abode in West Hollywood, to the tune of $12,000 a month. Parton, 80, purchased the two-bedroom, two-bathroom property in 2007 for $1.2 million; however,
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Across the country and at nearly every level of government, lawmakers are embracing an unconventional solution for affordable housing: allowing churches, synagogues, and other houses of worship to build homes on their land. It’s part of a growing national movement known as Yes in God’s Backyard, or
Read More 2027 COLA Could Hit 3.8%—Why Seniors Are Still Falling Behind as Housing Costs Explode

Inflationary pressure could mean one of the biggest boosts to Social Security benefits in nearly five years, but as essential housing costs outpace inflation, the bump could still fall short of many seniors' needs. A new estimate from AARP projects a 3.6% Social Security cost-of-living adjustment,
Read MoreJoin Naples Cancer Advisors for Million Dollar Shot on Saturday November 14th

Join Naples Cancer Advisors for Million Dollar Shot on Saturday, November 14; Inaugural Fundraising Gala will Support No-Cost Consultative Oncology Services Naples Cancer Advisors, a community-based, non-profit organization that provides free consultative oncology services to local cancer patients a
Read MoreBAKER SENIOR CENTER NAPLES WELCOMES NEW BOARD TRUSTEE

BAKER SENIOR CENTER NAPLES WELCOMES LOCAL COMMUNITY LEADER TO ITS BOARD OF TRUSTEES Baker Senior Center Naples announced the appointment of Matthew R. Holliday, Director of Government Relations for […] The post BAKER SENIOR CENTER NAPLES WELCOMES
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Imagine you open your mailbox. Inside, there’s a couple of bills, a postcard, and then, what’s this? A dryer sheet? You wonder how it got in there. Is someone playing a laundry-themed practical joke? There’ve been reports from homeowners across the country who are finding dryer sheets in their mailb
Read More Rent vs. Buy: Is Renting Cheaper Than Buying a Home Right Now?

Renting remains more economical than buying a home, as a surge in new supply continues to drive prices down across the country. “Rent continues to fall in many of the major metros across the United States for a variety of reasons,” explains Joel Berner, a senior economist at Realtor.com®. “The bigge
Read MoreRising Mortgage Rates Drive Down Home Loan Application Demand

Mortgage applications suffered another setback last week as rising interest rates dragged down demand for home loans, according to the Mortgage Bankers Association. For the week ending July 10, MBA's Market Composite Index—a measure of total mortgage loan application volume—shed 2.7% on a seasonally
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Jennifer Lopez's attempt to finally offload the Beverly Hills mansion she shared with ex-husband Ben Affleck has reportedly suffered a significant setback after a mystery buyer who had entered escrow on the $50 million property allegedly walked away from the deal. Just days after one of Lopez's brok
Read More Going down: BH Properties former Lincoln Road movie theater sued for lease enforcement

A plan to fill the vacant Lincoln Road Regal Cinema movie theater owned by Steve Gozini’s BH Properties with a museum is on the verge of falling apart, according to a recent lawsuit. Superhuman Museum of Modern Art, a concept spearheaded by former Miami Beach mayoral candidate Steve Berke, is suing
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