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.
Pending Home Sales Increased in March Despite Rising Mortgage Rates and Gas Prices

In a positive sign for the housing market, pending home sales increased in March on a monthly basis even though mortgage rates climbed and gas prices soared as a result of the Iran war. Contract signings rose 1.5% from February but were down 1.1% year over year, according to the National Association
Read MoreInside power buyer David MacNeil’s luxury real estate portfolio

David MacNeil, the billionaire founder of car mats maker WeatherTech, just set another South Florida real estate record. The entrepreneur sold a 3.6-acre oceanfront assemblage in Manalapan for $105 million last week, setting a record for land sales in the tony coastal town and marking one of the mo
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It is extremely rare to find an elegant detached home for under $1 million in San Francisco—and even rarer still is when that "diamond in the rough" is tucked into one of the city's most desirable neighborhoods, offering spectacular panoramic views that stretch all the way to the water. Yet that "on
Read More Seattle Co-Housing Firm Offers Homeownership at Bargain Prices—With One Small Twist

A new co-housing company based in Seattle is offering homeownership at a price that even a barista could afford—for those who are willing to share a kitchen with their neighbors. ReSpace, founded by Katrina Romatowski, thus far has two properties—a ranch in the neighborhood of Ballard, and a histori
Read MoreSouth Florida’s top deals: Fendi Château condo sells for over $16M to Brazilian software execs

🏆 Commercial: The most expensive commercial sale that closed Monday was $12.4 million for a 189,000-square-foot industrial property at 1950 NE 7th Avenue in Dania Beach. The Hertz Corporation sold the property to an LLC tied to Scott Daiagi of Scozak Realty Trust and Lori Tuxbury. The price amounts
Read MorePrices for Raw Land Surged a Staggering 87% Since 2019, but a Correction Has Begun

The COVID-19 pandemic years triggered a land frenzy as enterprising developers lured by historically low interest rates snapped up vast tracts of land at a dizzying pace. The shift reshaped the market, sending raw land values surging faster than both semideveloped and build-ready lots. According to
Read MoreWhy cost discipline is replacing cost cutting in apartment operations

Costs are climbing faster than many operators expected, and teams are actively trying to figure out how to keep up without creating new problems in the process. The Federal Reserve Bank of Minneapolis found that more than half of all operating expense (OpEx) inflation since 2020 ties back to propert
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Every day, about 10,000 Americans turn 65. That pace is expected to continue for another seven to eight years. Collectively, senior homeowners are sitting on a record $14.6 trillion in housing wealth. That’s not a niche. It’s a wave of new business that most purchase-loan originators are overlooking
Read More California Nonprofit Plans To Build Homes Out of Straw for Low-Income Residents

A nonprofit is hoping to ease the California housing crunch with a building method that is centuries old—stacking bales of straw. Just Places, which is partnered with another housing nonprofit, People First, both located in Santa Cruz County, is looking back in time to help solve a modern crisis—the
Read MoreSan Francisco Apartment Where Sam Altman’s ChatGPT Was Born Is Listed for $1.55 Million

The sun-filled San Francisco apartment where OpenAI CEO Sam Altman helped to create the earliest iterations of ChatGPT has hit the market for $1.55 million—less than four years after the chatbot was launched to the public. Located in the "heart" of the city's bustling Inner Mission neighborhood, the
Read MoreThe New Multigenerational Reality: Nearly Half of This State’s Young Adults Are Living at Home

High interest rates, student debt, and the lack of starter home inventory are making it harder than ever for young adults to live on their own. In fact, the most recent U.S. Census figures found that 33% of individuals aged 18 to 34 live with their parents—nearing the historic highs seen during the
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HGTV stars Egypt Sherrod and Mike Jackson have offered up some thoughtful advice on how they keep the passion in their marriage alive—while enjoying a very quirky date night experience together. The couple, who confirmed in June that their show had been axed from the home renovation network amid a w
Read More Palm Beach County mayor draws scrutiny for watching college football championship in Steve Ross’ box

Palm Beach County Mayor Sara Baxter is drawing scrutiny after it came to light that she attended the college football championship game between the University of Miami and Indiana University in Steve Ross’ private box at Hard Rock Stadium. She attended the game on Jan. 19, just days before the count
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"The Devil Wears Prada" star Anne Hathaway has heaped praise on her husband, Adam Shulman, crediting him for "stepping up" and overseeing their home life so she can focus on her movie career. Hathaway, 43, who has just been named as People's World's Most Beautiful Cover Star, opened up to the outlet
Read More Colorado Law Expands Mortgage Options for First Responders

Colorado is hoping to help firefighters and other first responders achieve homeownership with a new law to expand their eligibility for mortgages. Under Senate Bill 26-053, which Gov. Jared Polis signed Friday, police officers, firefighters, and emergency medical technicians have expanded eligibilit
Read MoreTime Equities scores $160M to build Boynton Beach Town Square apartments

Dirt is turning on the next phase of redevelopment of Boynton Beach’s municipal core after Time Equities closed on a $160 million loan. The New York-based developer started construction on the first phase of the Town Square apartments after locking in the financing from M&T Bank, the South Florida
Read MoreMore Young People Eye Construction Jobs as AI Comes for Knowledge Work

More young adults between the ages of 18 and 25 are interested in a career in the construction trades, according to a new study conducted by the National Association of Home Builders. Twice as many young adults are now interested in construction careers compared with a decade ago, with the share of
Read MoreLose Your Job? Homeowners Have One Big Protection Renters Don’t

Americans are growing more uneasy about unemployment, according to new data. Job loss expectations rose in March, according to the New York Fed’s Survey of Consumer Expectations, and Reuters reports that expectations for the unemployment rate a year from now hit their highest level since April 2025.
Read MoreIs California looking to tax retirement accounts? Experts push back on claims

A wave of texts and mailers warning that California politicians are targeting retirement savings for taxation has sparked confusion among voters, but experts say the claims mischaracterize a broader fight over competing ballot initiatives. At issue is a proposed measure called the Retirement and Per
Read MoreHow one builder cut cycle time by 30 days with integrated ops

Selling season 2026 – long on uncertainty and short on Spring mojo – is keeping many private homebuilders up at night and on edge all day long. The challenge is no longer just about generating traffic to homebuilder websites and new neighborhood sales centers, converting buyers, or managing incentiv
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