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.
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The Florida mansion where wrestling legend Hulk Hogan passed away has undergone a significant $2 million price cut—less than three months after it first hit the market. Hogan, whose real name was Terry Gene Bollea, died at the age of 71 at his Clearwater, FL, home in July 2025, months after he had u
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Michael Jackson's iconic Neverland Ranch has become synonymous with the pop star's lavish lifestyle—and the property features prominently in a divisive new biopic about the chart-topping singer. Yet Jackson would not spend his final days living at his beloved home, but rather residing in a $100,000-
Read More South Florida cities aim to fight housing crisis with controversial free land deals

South Florida officials are increasingly turning to a controversial tool to combat the region’s housing crisis: giving away public land to private developers at no cost. Examples include former Miami City Commissioner Joe Carollo’s no-bid Little Havana deals last year and a recent move to add afford
Read MoreFlorida Senior Fights HOA To Keep Backyard Shed That’s Been There for 40 Years

An 83-year-old Sarasota, FL, homeowner is being told to remove a backyard shed that’s been on her property for 40 years—or face legal action from the neighborhood homeowners association. Barbara Wagner's daughter, Sue Inman, tells Realtor.com® that her mother has received two letters from the Gulf G
Read MoreSouth Florida’s top deals: PEBB drops $26M on Boca Raton office complex

🏆 Residential: Surfside had the most expensive home sale to hit records. Fort Partners sold another unit at the Seaway at Surf Club North at 9165 Collins Avenue for $41.2 million. The buyer was Mazalmint Property LLC, tied to a San Francisco address linked to investment firm Iconiq Capital. The con
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The capital gains tax has returned to the forefront of national policy debate. Republican lawmakers are eyeing avenues to lower the tax burden when an investor sells an asset, Bloomberg reports, as concerns about inflation dominate the news cycle heading into a decisive midterm election. Nearly a t
Read More Northeast and Midwest Housing Markets Finally Crack Open for Buyers as New Listings Surge in April

April started off on the wrong foot as the war in Iran sent gas prices soaring and pushed mortgage rates back on an upward trajectory—yet the housing market showed unexpected resilience as a fresh wave of sellers finally began coming off the sidelines. Nationally, nearly 480,000 homes were brought t
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“Million Dollar Zombie Flips” star James Dainard makes a killing flipping nightmare houses into dream homes—including almost every one of his own abodes. Indeed, the Scottsdale, AZ, mansion Dainard calls home is the only domain he’s moved his family into that didn’t first require a life-saving overh
Read More Builders don’t have a rate problem, they have a reliability problem

A builder lines up a deal. Land is identified. Plans are drawn. The numbers work. The lender says yes. And then — somewhere between approval and execution — the ground shifts. The timeline stretches, the draw gets delayed, the capital tightens or worse, disappears altogether. By the time it’s clear
Read MoreThe Love Nest Is Dead—Why Fewer Young Married Homeowners Signal a Major Economic Shift

The share of Americans who are both married and own a home by age 30 has shrunk from 52% in 1960 to just 12%, according to new data—in a shocking collapse that has the potential to impact the future net worth of these couples, as well as the long-term health of the housing market and U.S. economy. T
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California's billionaire tax has sparked an exodus of some of the state's wealthiest residents, who have relocated their personal and professional assets in a bid to avoid the one-time levy on their fortunes. But for those who remain, there is one loophole in the proposed legislation that could help
Read More ‘Didn’t see that coming’: Real estate brokers react to Real-REMAX deal

At a time when it seems like most real estate brokers can’t agree on anything, one thing they can agree on is that The Real Brokerage’s acquisition of REMAX, announced on Monday, came as a surprise. “To me it came a bit out of left field because I don’t think anybody had talked about Real,” Gary As
Read MoreLos Angeles Rents Hit 3-Year Low—but Most Residents Still Can’t Afford Them

Rents across Los Angeles County are beginning to ease after years of steep increases. The median asking rent for all rental properties in L.A. County fell to $2,520 in the first quarter of 2026, down $97—or 3.7%—from the same period a year earlier, according to the first Los Angeles Rental Report fr
Read MoreUWM adds VantageScore alongside FICO for conventional loans

United Wholesale Mortgage announced Wednesday that independent mortgage brokers working with UWM can now access both FICO and VantageScore credit scoring models for conventional loans, a move aimed at giving brokers more flexibility when evaluating borrowers. In a press release, the Michigan-based l
Read MoreCoinbase exec buys lot on Miami Beach’s La Gorce

David Farmer, the vice president of product for crypto exchange Coinbase, bought a non-waterfront lot on Miami Beach’s La Gorce Island. Records show Farmer bought the lot at 31 La Gorce Circle from spec developer Todd Glaser for $10.4 million. Zachary Vichinsky and Brett Harris with Bespoke Real E
Read MoreERA Real Estate affiliates form new billion-dollar-plus partnership in California

Real Estate Experts ERA Powered has entered into a strategic partnership with Legacy Real Estate & Associates, which will operate under the name Legacy Real Estate Experts ERA Powered, expanding its presence across the San Francisco Bay area. The combined California organization includes more than 3
Read MoreHousing starts overachieved in March amid warning signs aplenty

Housing starts spiked in March to their highest point in more than a year, but economists caution that this increase is likely temporary as ongoing economic and geopolitical uncertainty roil a near- and mid-term outlook. According to the U.S. Census Bureau’s new residential construction data releas
Read MoreLombardi, Fox Farm jump on spec suite trend with Wynwood office project

Leasing has launched at The Doris, a nearly finished 27,000-square-foot development that’s Wynwood’s newest office building. Lombardi Properties and Fox Farm Capital, both based in Miami, are developing the eight-story project at 153 Northwest 25th Street in Miami, according to the broker’s news re
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Actress Charlize Theron has admitted that she doesn't think she can ever live with a romantic partner again—as she opened up to fellow A-lister Drew Barrymore about how her dating life has changed as she has gotten older and welcomed children. The "Apex" star, 50, who is based in California, reveale
Read More CoStar Group, Homes.com surge in Q1 — CEO welcomes end of activist ‘distraction’

CoStar Group delivered its 60th consecutive quarter of double-digit revenue growth in the first three months of 2026, posting results at the high end of guidance and raising its profit outlook for the year. The online real estate marketplace operator reported $897 million in revenue for the quarter
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