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.
Mortgage Rates Surge to 18-Month High of 6.95% After Fed Hike

Mortgage rates reached their highest level in nearly 18 months, driven by climbing Treasury yields that hit a level not seen since 2007 ahead of the Federal Reserve’s rate increase decision. The average rate on 30-year fixed home loans jumped to 6.95% for the week ending Sept. 17, up 19 basis point
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Director Paul Feig and his wife, Laurie, have listed their Lenox Hill condo in New York City for $2.99 million. The one-bedroom unit at 40 E. 61st Street sits on the 12th floor of a prewar art deco condominium between Madison and Park avenues, a block from Central Park. It measures just under 1,000
Read More Pending Home Sales Edge Up in August Despite Higher Rates

Pending home sales rose slightly in August on a monthly basis, but fell year over year as climbing mortgage rates kept many prospective buyers on the sidelines. Contract signings ticked up 0.3% from July, but plunged 4.7% compared to August 2025, according to the National Association of Realtors® Pe
Read MoreTaylor Swift and Travis Kelce’s 8-Foot Privacy Wall Plans at $5 Million Ohio Home Rejected

Taylor Swift and Travis Kelce are going to extreme lengths to protect their privacy at their new $5.35 million Ohio home—installing a high-tech security system while also attempting to erect an 8-foot privacy wall around the sprawling estate. The Kansas City Chiefs tight end, 36, snapped up the pala
Read MoreFlorida real estate billionaires on Forbes 400 worth collective $52B

Florida’s real estate titans are once again commanding a sizable share of the state’s billionaire wealth. This year’s Forbes 400 list boasts five Florida billionaires in the real estate industry collectively worth $52.2 billion, with fortunes ranging from $4.5 billion to $21.5 billion and most resid
Read MoreSingle-Family Home Construction Jumps Unexpectedly in August

Construction of new single-family homes across the U.S. picked up unexpectedly in August, but mounting bad news for builders signals trouble ahead. Privately owned housing unit starts rose 7.6% last month from July, to a seasonally adjusted annualized rate of 918,000, the U.S. Census Bureau and the
Read MoreLandlords Are Offering Major Concessions in These Markets as Vacancies Rise

While homebuyers struggled with mounting borrowing costs this summer, renters found relief as landlords offered concessions to fill vacant units. In August, the average share of rental listings on Realtor.com® offering perks—from waived application fees to rent credits and rent-free months—reached 4
Read MoreNorth Texas Is Building Homes Faster Than Fire Stations Can Follow

The closest city fire station to Robson Ranch in Denton, TX, averages nine minutes to reach the front gate—more than twice the local fire department’s goal of four minutes. The 55-and-older gated community is home to 4,500 people, with about 3,200 completed homes out of as many as 7,500 planned. And
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“Million Dollar Listing” alum Fredrik Eklund is constantly expanding his real estate empire by doing business across several state and international borders. Yet, the Swedish-born celebrity real estate broker consistently returns to his roots at a Connecticut home that reminds him of where he grew u
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Four years of a frozen housing market won't thaw from the three levers everyone keeps pulling
Read More Can empowering small investors strengthen America’s housing supply?

Federal data show individuals own 59% of rental properties, even as LLCs hold 43% of rental units
Read MoreWho owns the customer? That depends on whom you ask.

With 30-year rates near 7%, retention and permissioned access may decide the next refi wave
Read MoreFlorida, Texas, and California Lead the Nation in Foreclosure Starts

Foreclosure activity continued an upward trajectory in August, with data showing both monthly and annual increases—although foreclosures remain well below crisis levels. Overall, 40,277 properties were involved in foreclosure filings in August—up 1% from July 2026 and 13% from August 2025—according
Read MoreThe Fed rate-hike cycle has started. What’s next?

Key factors for mortgage rates will be the Iran conflict and trade war, not just the economy
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"Today" show alum Hoda Kotb has opened the doors to her Long Island, NY, retreat once again—this time to pull off an adorable birthday surprise for her former driver, Eddie. The 62-year-old, who owns a beachside vacation property on Long Island, took to Instagram to share a touching video of the cel
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“MomTok”—the corner of the internet dedicated to following the lives of the women now known as the cast of “The Secret Lives of Mormon Wives”—has survived a lot. But the future of the group of Utah-based influencers-turned-TV-personalities has never been more uncertain, with cast departures, new end
Read More This is bananas: Benjamin Cos sprouts agriculture on $33M Fort Lauderdale development site

Rows of banana tree saplings are sprouting from a vacant lot in downtown Fort Lauderdale where a massive multifamily development was once planned. Dozens of trees were planted at 707 Southeast Third Avenue in the last several months, turning the development site owned by New York-based Benjamin Com
Read MoreDog Reunites With Firefighters Who Rescued Him From House Fire

A dog rescued from a Pasadena, CA, house fire was reunited this week with the firefighters who saved him from the burning home. Milo, a 6-year-old Shetland sheepdog, was home alone at his family's Michillinda Avenue property on Sept. 9 when neighbors called 911 to report smoke coming from the home.
Read MoreHousing Market Spotlight: The housing market signal to watch as rates top 7%

New listings and pending sales can offer an early look at whether buyer demand is losing ground
Read MoreWhat real estate professionals should know about the Fed rate hike

Housing professionals said the psychological effect on homebuyers and sellers is immediate
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