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.
DeSantis’ New Tax Plan Could Unleash a Massive Mosquito Crisis for Florida Homeowners

Florida voters will decide this November whether to approve one of the largest property tax cuts in their state’s history, after lawmakers passed Gov. Ron DeSantis' proposal to expand the state's homestead exemption. The plan promises relief for homeowners even as experts warn the savings may be har
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"Captain America" star Chris Evans is making another attempt to sell his "stunning" Hollywood Hills hideaway after slashing his asking price by $600,000—while offering up a fresh collection of listing images that highlight the property's elegant interiors and "inspiring" Los Angeles views. The 44-ye
Read More ‘Entourage’ Star Jeremy Piven Finally Sells His Modern Mount Olympus Mansion for $6.9 Million

Actor Jeremy Piven has offloaded his sprawling Los Angeles property for $6.85 million—having spent more than a year trying to find a buyer for the modern Mount Olympus manse. The 60-year-old actor snapped up the gated estate for $6.8 million in 2017 and owned it for nearly a decade before putting it
Read MoreRainbow Curb Appeal: Planting a Spectrum Garden With Native Perennials for Pride Month

If you’re looking for a unique way to celebrate Pride Month, consider planting a rainbow garden in your yard. Not only do native perennials boost local biodiversity, they’re the easiest way to bring it to life. “Native plants are from the same habitat of your region's wildlife, meaning bees, butter
Read MoreSan Antonio’s $150 Million Affordable Housing Bond Has Created or Preserved More Than 3,100 Homes

San Antonio's $150 Million Affordable Housing Bond—approved by voters four years ago—has already helped create or preserve more than 3,100 homes across the city, and the work isn't finished. According to the city's program update, another 1,100 homes are currently under construction and 970 more are
Read MoreMortgage Calculator: Here’s How Much You Need To Buy a $415K Home at a 6.48% Rate

Mortgage rates retreated from their nine-month-high peaks Thursday as the uneasy ceasefire between the U.S. and Iran cooled global energy prices, easing pressure on bond markets and borrowing costs. The average rate on 30-year fixed home loans decreased to 6.48% for the week ending June 4, down 5 ba
Read MoreJob Growth Surges Past Expectations in May, Bolstering Odds of Fed Rate Hike

Exceeding expectations, the U.S. economy added 172,000 new jobs in May, while the national unemployment rate remained locked at 4.3% for the third consecutive month. The latest report from the Bureau of Labor Statistics released Friday showed that nonfarm payroll growth last month far surpassed prel
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Paul Selvidio, head of school at Community School of Naples. Photo by Dana Gilligan Paul Selvidio has worn many different hats at Community School of Naples (CSN). He’s taught, he’s coached, and he’s managed finances as the CFO. Last summer, Selvidio took on yet another role: head of school. “CSN ha
Read More Feldman Equities, Greystar plot multifamily at Fort Lauderdale business complex

Feldman Equities won rezoning approval to redevelop a portion of the Pinnacle Corporate Park in Fort Lauderdale with a 310-unit multifamily complex, in partnership with Greystar. The 13-acre property is at 500 Northwest 62nd Street in Fort Lauderdale’s Cypress Creek area. The zoning changed to the c
Read MoreSouth Florida’s top deals: Jacavi sells warehouse near MIA to Miami-Dade County for $19M

🏆 Commercial: The top home sale recorded in South Florida was in Miami, where a warehouse at 1800 Northwest 70th Avenue near Miami International Airport changed hands for $19.2 million. The seller was an LLC tied to Jacavi Properties and the buyer was Miami-Dade County. The roughly 68,000-square-fo
Read MoreThe Starter Home Is Gone—Now America Is Losing the Starter Rental, Too

America has spent years mourning the death of the starter home, and with it, the dream of homeownership. But for young adults today, the housing crisis began much earlier—with the disappearance of the starter rental. Before most people get a mortgage, they need that first lease: the cheap studio, re
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A historic legacy estate that has occupied the same lush corner parcel on Martha's Vineyard for nearly 200 years has returned to the market for $21.5 million—after undergoing a jaw-dropping overhaul that not only expanded its footprint, but also saw its asking price increase by a whopping 440% in ju
Read More Looksmaxxing influencer Clavicular rents downtown Miami penthouse

Controversial livestreamer and influencer Braden Peters, known online as Clavicular, rented a penthouse in downtown Miami, sources told The Real Deal. Peters is known for his “looksmaxxing” content, where people go to extremes to “maximize” their physical attractiveness, including through the use o
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New York Knicks star Trey Jemison III and his fiancée, Alex Jean Glover, enjoyed a very special personal milestone just weeks before the team secured its spot in the 2026 NBA Finals—by snapping up what could well become their marital home. Interestingly, the couple's new property is not located anyw
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New York Knicks star Trey Jemison III and his fiancée, Alex Jean Glover, enjoyed a very special personal milestone just weeks before the team secured its spot in the 2026 NBA Finals—by snapping up what could well become their marital home. Interestingly, the couple's new property is not located anyw
Read More Fed Official Warns of Interest Rate Hike if Inflation Doesn’t Cool

Dallas Federal Reserve President Lorie Logan has warned that the central bank may need to increase interest rates this year to rein in inflation before it gets out of control. One of the Federal Reserve's most hawkish members and a voting member of the Federal Open Market Committee (FOMC), Logan mad
Read MoreCompass Faces Antitrust Probe in New York After Megamerger With Anywhere

Brokerage giant Compass is facing an investigation by the antitrust division of the New York State Attorney General's Office after combining with rival Anywhere Real Estate earlier this year. Compass in January closed its $1.6 billion megamerger with Anywhere, expanding its network of agents and ind
Read MoreFisher Island fuel depot drama pushes out Miami-Dade’s port director, COO

Miami-Dade County Mayor Daniella Levine Cava’s longest-serving deputy resigned abruptly on Wednesday, a result of the fuel depot debacle on Fisher Island. Jimmy Morales, chief operating officer, and PortMiami Director Hydi Web are out of their county jobs, Political Cortadito reported. The county i
Read MoreNew York Poised To Ban Private Listings as More States Crack Down

New York state is on the verge of restricting private home listings marketed to an exclusive audience, making it the latest state to crack down on the controversial practice. The New York state Senate passed the "Fair and Transparent Real Estate Listing Act" in a vote of 60-0 from its noncontroversi
Read MoreBerkshire Taylor Morrison deal puts vertical integration in focus

Berkshire Hathaway’s planned acquisition of Taylor Morrison has opened the door for us to explore a set of uber-themed questions: about homebuilders’ present and future valuations, leadership and scale, and to the question that public homebuilder boards may now be asking: whether to build toward gre
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