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.
What’s Next for Major Homebuilder Berkshire Hathaway as Warren Buffett Retires From Board

After more than 60 years at the helm, Berkshire Hathaway chair Warren Buffett has stepped down from the company's board, marking the end of an era for a company that has billions in real estate holdings and owns major homebuilder Taylor Morrison. Buffett, 96, is handing the board's reins over to his
Read MoreAmerica Will Need $1 Trillion in New Senior Housing by 2040, Projections Show

America needs hundreds of thousands of new housing units to cater to its oldest citizens in the coming years, and that means a host of challenges for the industry. The population of Americans over 80 will grow by a third in five years, or 5 million people, by 2030, according to data from the U.S. Ce
Read MoreKey Mortgage hires Kevin Christopher as SVP of production

Christopher ran retail mortgage sales across 17 states at JPMorgan Chase’s central division
Read More5 Fixer-Uppers With Warm Minimalist Bones Under $350K

One of the fastest and most affordable ways to get into a home is buying a fixer-upper offered at a below-market asking price. If you're up for the challenge, have extra time and resources, and are looking to put in some sweat equity, a fixer-upper may prove to be a beneficial investment. Many regio
Read MoreSavor September Specials at Le Colonial

Inside Le Colonial Naples. Photo by Eric Laignel Le Colonial, the acclaimed Naples French-Vietnamese restaurant, is dishing new September specials for fall alongside its Saigon Social offerings. New seasonal dishes include Goi Ngó Sen ($24), a lotus salad small plate with pickled lotus root, black t
Read MoreTable for Two: Tigress Cantonese Chophouse

Tigress Cantonese Chophouse features unique dishes, including chilled lobster bao. Photo by Nicole Nixon/courtesy of The Perry Hotel Naples I have a somewhat deviant habit of ordering dishes with mystery names and ingredients, so Tigress Cantonese Chophouse at The Perry Hotel Naples had me at shochu
Read MoreA World of Delights Awaits at LoLa 41

Korean beef bulgogi. Photo courtesy of LoLa 41 At LoLa 41, a single meal can span continents, all from a table in downtown Naples. The restaurant uses geography as a guiding concept, specifically the forty-first parallel north—a latitude line that circles the globe and intersects destinations as div
Read MoreBetter board fight escalates as Vishal Garg selects 3 director candidates

Garg moved the written consent deadline to Oct. 2, while Better says he has not produced consents showing majority support
Read MoreNapster steps back from $160M Fort Lauderdale movie studio, HQ project

Napster is backing out of its $160 million plan to develop a movie studio in Fort Lauderdale, putting the project back in the hands of its original developers. Napster, formerly known as Infinite Reality, had signed onto a plan for an office and movie studio at the 61-acre property at 1400 Northwest
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Mario Lopez’s former Spanish Revival estate is back on the market in California, this time, at a reduced price of $5.4 million. Three years after the "Access Hollywood" host and his family moved out, the home has been relisted for $5.39 million, following its initial return to the market for $5.7 mi
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Billionaire investor Warren Buffett has officially stepped down as chairman of Berkshire Hathaway—marking the end of an extraordinary era for the 96-year-old businessman, whose approach to real estate has long been almost as unconventional as his investing career. Berkshire Hathaway announced on Sep
Read More Zillow names Rikki Tremblay principal accounting officer

Jennifer Rock will stay in an advisory role through March 1, 2027
Read MoreOn the Tip of Cape Cod, Million-Dollar Listings Are the Standard in Provincetown

On the very tip of Cape Cod, MA, one of the country's oldest arts colonies sits in an extremely geographically limited market where nearly 3 of every 4 listings clears $1 million. "Provincetown is small, and effectively finished expanding," writes Realtor.com® senior economist Anthony Smith in his l
Read MoreSidewalk gaps, train counts ignite California SB 79 zoning lawsuits

Plaintiffs say walkway and train frequency rules were applied too narrowly, illegally disqualifying density
Read MoreL.A. Mayor Karen Bass Defends Her Housing Record as City Scores Worst for Affordability

As Los Angeles ranks as the nation's least affordable major metro, Mayor Karen Bass is vigorously defending her housing record, maintaining that her administration remains "laser-focused" on cutting through red tape to bring more homes within reach of buyers. The issue took center stage after the gl
Read MoreThe unseen shift in agency pools: How ‘lender choice’ is quietly repricing specified pools

Rising VantageScore 4.0 concentrations are adding uncertainty to credit-based pay-ups and prepayment models
Read MoreEXCLUSIVE: Why 2 Real Estate Agents Kept Their Real Jobs Secret on ‘The Traitors: New Blood’

When real estate agents Kriste Lewis and Logan Smith first stepped foot in Ardross Castle, they immediately got to wheeling and dealing. But as cast members of “The Traitors: New Blood,” their mission was not to close a deal—it was to enter an intense psychological game of deceit for a chance to win
Read MoreOpportunity zone: Alta lists under-construction student housing near University of Miami

Alta Development listed its under-construction student housing development in South Miami, aiming to capitalize on the window before a federal rules change, the South Florida Business Journal reported. The project, called SoMi Walk at 5959 Southwest 71st Street, is near the University of Miami in C
Read MoreDeveloper Philippe Harari sold his Coconut Grove home for over $80M

Developer Philippe Harari sold his waterfront home in Coconut Grove over the summer for more than $80 million, sources told The Real Deal. Harari, owner of the AquaBlue Group, transferred ownership of the nearly 11,000-square-foot home at 3575 Battersea Road to a Delaware LLC in March, which Harari
Read MoreChristina Haack Praises ‘Fun’ Co-Parenting Friendship With Heather El Moussa on Napa Birthday Trip

HGTV personality Christina Haack has a lot of love for pal Heather El Moussa and took to social media to share a sweet sentiment in honor of her co-parent’s 39th birthday. Alongside a series of playful photos showcasing the duo’s best moments—from their penchant for dressing in coordinating outfits
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