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 Applications Plunge as Rates Rise and Fed Prepares To Hike

Mortgage applications fell this past week as concerns over inflation and an expected Federal Reserve interest rate hike put a chill on the market, according to the Mortgage Bankers Association. For the week ending Sept. 11, MBA's Market Composite Index—a measure of total mortgage loan application vo
Read MoreMormon Church Expands Its Real Estate Empire With 1,000-Acre Development Near Denver

The Church of Jesus Christ of Latter-Day Saints (LDS) is developing a nearly 1,000-acre master-planned community in the shadow of Denver International Airport as it expands its real estate portfolio spanning multiple states. Dubbed Tributary, the new neighborhood will rise in the Denver suburb of Au
Read MoreFacing piling lender suits, Torrealba selling stake in North Bay Village site to Prosper

Embattled developer Alirio Torrealba, who is facing piling lawsuits by his lenders, is selling his stake in a bayfront condo development site to Prosper Group, The Real Deal has learned. Torrealba’s Coral Gables-based MG Developer has come under fire in recent months by financiers claiming the firm
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The Hollywood home where Martin Short's daughter, Katherine, died has officially sold to its new owner for $1.67 million—just two months after being listed. The three-bedroom property first hit the selling block in July, being listed for $1.795 million. In August, it was reported that the property h
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"Mamma Mia!" star Amanda Seyfried and her husband, Thomas Sadoski, have split after nine years of marriage—just weeks after the actress put her longtime Los Angeles home on the market. The actors confirmed their separation in a joint statement to People, revealing that they had already been living a
Read More Living abroad doesn't end your U.S. tax obligations. What young expats need to know

Americans living overseas may still face U.S. tax-filing and foreign-account reporting rules — even when they ultimately owe no U.S. income tax.
Read MoreFlyers are happier with U.S. airports, despite near record travel levels, J.D. Power report shows

Travelers gave higher ratings in part because of the newer gates and terminals many airports have opened in recent years, according to the study.
Read MoreMidwest City Known as ‘Niceville USA’ Leads the Nation in Homebuilding and Affordability

As surging mortgage rates and stubborn inflation squeeze Americans' budgets, 10 cities across the South and Midwest stand out as rare strongholds of aggressive homebuilding and relative affordability, led by a thriving Heartland construction hub. Nationally, the U.S. faces a deficit of over 4 millio
Read MoreInside a $950K Estate Complete With a Built-In 1950s Diner—Just Minutes From Lake of the Ozarks

Who wants a home with a 1950s-style diner with checkerboard floors, a jukebox, and a retro dining area? An entertainer's paradise, complete with a '50s-style diner and an indoor aquatic center with a heated pool, hot tub, and sauna, has just hit the market for $949,000. Bonus: It's just minutes from
Read MoreFederal Housing Law’s Architects Say Cities Must Now Step Up To Implement Reforms

What started as a conversation in a Washington, DC, steakhouse is now the law of the land. But the architects of the largest housing bill in 30 years worry about its implementation and the housing affordability subjects it didn't address. It's now up to cities across the country to determine the suc
Read MoreRunning a Side Hustle From Home Could Suddenly Void Your Insurance Policy

Side hustles are now the norm. In fact, about 47% of Americans have earned income from one this year, according to the 2026 Entrepreneurship Study by QuickBooks. And on average, they make $1,275 per month or roughly $15,000 per year. With the rising costs of just about everything, it’s easy to see w
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Movie mogul Tyler Perry has revealed that he plans to move to Puerto Rico at the beginning of 2027—as he prepares to "slow down" his famously demanding work schedule. Perry opened up about his future while appearing on "Today with Jenna & Sheinelle," revealing that he and his 11-year-old son, Aman,
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A sprawling waterfront estate in American Falls, ID, will soon be auctioned off to the highest bidder, but there’s a heartwarming twist—100% of the proceeds of the sale will be donated to charity. The luxury residence was previously listed with an asking price of $3.86 million, but when the sale is
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The former New Jersey home of music legend Les Paul was demolished just months after it was sold to private developers for $990,000—leaving his family in an uproar amid claims that they were given no warning about its destruction and a historic preservationist's attempt to save the property. News of
Read More Fed Interest Rate Hike May Put Chair Kevin Warsh on Collision Course With Trump

Federal Reserve policymakers began their two-day meeting to set interest rate policy on Tuesday, and financial markets view a rate hike as likely despite President Donald Trump's calls for lower borrowing costs. Fed Chairman Kevin Warsh and the 11 other voting members of the Federal Open Market Comm
Read MoreBugatti to brand Brickell condo tower along the Miami River

French hypercarmaker Bugatti is entering the branded residences race in Miami, The Real Deal has learned. Bugatti will brand Prosper Group and Versluys Group’s planned tower at 75 Southwest Miami Avenue Road, according to sources. The developers paid $50 million for the 1-acre property in August, a
Read MoreResi Roundup: Private equity exec sells Palm Beach lot for $20M

Private equity executive E. Burke Ross Jr. sold his non-waterfront Palm Beach lot for $19.9 million, more than four times what he paid in 2014. That’s one of the major residential sales and listings in Palm Beach County recently. DRI Fund’s Steven Kirsch is asking for $74.9 million on his oceanfron
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Developer Alex Sapir and his estranged wife are under contract to sell their waterfront Miami Beach home, just a month before their contentious divorce heads to trial. The Venetian Islands estate, at 126 West San Marino Drive, is asking nearly $36 million. The sale was marked pending on Sept. 11, a
Read More Meghan Markle Shares Intimate Tribute to Prince Harry as Couple Settles Into New Life in the U.K.

Meghan Markle has shared a sweet tribute to her husband, Prince Harry—nearly one month after the couple traded California for a new life in the U.K. The Duke and Duchess of Sussex, who put down roots in Montecito after purchasing a $14.65 million mansion in 2020, arrived in the U.K. on Aug. 26 with
Read MoreMemorial Healthcare drops $69M, becomes its own office landlord in Hollywood

Memorial Healthcare System snagged an office complex in Hollywood for $69 million, adding to the healthcare giant’s Broward County presence. South Broward Hospital District, which does business as Memorial Healthcare System, bought the 254,000-square-foot Venture Center office complex at 200-300 So
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