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.
Related Ross snags $173M loan to buy West Palm hotel

Billionaire developer Steve Ross added another trophy building to his expansive West Palm Beach portfolio with $172.5 million in financing. Tokyo-based Nomura provided the loan to West Palm Beach-based Related Ross for the acquisition of The Ben Hotel, a 208-room property at 251 North Narcissus Ave
Read MoreEx-CEO of Broward roofing company pleads guilty to bid-rigging scheme

A former executive at a roofing company pleaded guilty for his role in a $3.5 million bid-rigging scheme for jobs at commercial properties across Florida. Gregg Wallick, former CEO of Fort Lauderdale-based Best Roofing, pleaded guilty to one felony count of restraining trade by conspiring to rig bi
Read MoreTravel stocks fall after thousands of flights grounded following Iran strikes

Airlines and some hotel stocks fell after the U.S.-Israeli attacks on Iran and subsequent retaliation strikes.
Read MoreFor Homebuyers, the Neighborhood Grocery Bill Is Another New Closing Cost Consideration

The cost of buying a home has never stopped at the listing price. From mortgage fees to closing costs to insurance and maintenance, homebuyers have a laundry list of additional dollar amounts to consider and manage before, during, and after they close on a home. In 2026, savvy buyers will add the c
Read MoreMark Zuckerberg Buys Newly Built $170 Million ‘Billionaire Bunker’ Mansion in Record-Breaking Deal

Facebook founder Mark Zuckerberg has reportedly found himself a new base in the Sunshine State in the form of an extravagant $170 million megamansion on Miami's famed "Billionaire Bunker" island—just three doors down from a staggering compound owned by fellow tech tycoon Jeff Bezos. According to the
Read MoreThe Popular Housing Structure That Stalls in Rhode Island’s Selling Market

Skyrocketing housing prices in Rhode Island are pushing homeownership out of reach for many prospective buyers. "The post-pandemic buying frenzy of 2021 and 2022 severely boosted home prices in Rhode Island as it did in much of the country," says Joel Berner, senior economist at Realtor.com®. "Inven
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Conservative commentator Elisabeth Hasselbeck has revealed a tongue-in-cheek glimpse into her preparation for her latest round of appearances on "The View," before traveling from her home in Nashville, TN, to New York City, where she is filling in for Alyssa Farah Griffin on the talk show. Hasselbec
Read More Celebrate Spring’s Arrival at Bha! Bha! Persian Bistro

Duck confit fesenjoon. Photo by Nick Shirghio For millions of Iranians and other Central and West Asians worldwide, the 13-day new year celebration of Nowruz commences on March 20, marking the vernal equinox. Nowruz means “new day,” signifying the rebirth of nature and the renewal of ties to family
Read MoreMix Up an Elegant, Warming Irish Coffee

Irish coffee. Photo by Taylor Amos Irish pubs have long held a special place in American culture, dating back to the nineteenth century when Irish immigrants arrived seeking new opportunities and brought with them a rich tradition of community, music, and camaraderie. These establishments quickly be
Read MoreJapanese Tradition Meets Luxury at Omasava

Omasava’s chefs curate a multicourse meal, shaped by seasonality and featuring locally sourced ingredients alongside Tokyo-sourced fish that arrives at dawn. Photo by Brian Tietz Nestled along Fifth Avenue South, the new omakase restaurant Omasava feels less like a dining room and more like a sanctu
Read MoreQ&A with Naples Artist Emily James

Emily James has painted vast and varied subjects. Photo courtesy of Emily James Gallery Look any direction inside Emily James Gallery in Naples, and you’ll discover vibrant, colorful brushstrokes depicting Southwest Florida’s natural beauty—from foaming teal waves surging toward the shore in one pai
Read MoreHead to the Naples Design District’s Block Bash

Janet Iffland hosts a live painting demonstration during Block Bash. Photo courtesy of Naples Design District Following the success of the first two Block Bash events of the season, the Naples Design District will host Block 3 on March 11, from 4 to 7 p.m. Block Bash is a walkable neighborhood exper
Read MoreCanero, 8K pay $28M for majority of Coconut Grove condo

Condo buyout fever is creeping deeper into Coconut Grove, where a pair of Miami firms paid a combined $27.7 million for a majority of units in an aging complex. Miami-based Canero Group, led by Jose Canero Sr. and Jose Canero Jr., and Miami-based 8K Capital, led by Alexander Levin, acquired 59 of th
Read MoreAs Iran strikes disrupt flights, why travel insurance may fall short

Travel insurance policies generally exclude coverage tied to military action, experts said. However, much depends on the fine print.
Read MoreMark Zuckerberg’s rumored $200M Indian Creek buy tops signed contracts

Cosmetic surgeon Dr. Aaron Rollins and his wife Marine Rollins are under contract to sell their waterfront mansion, asking $200 million, reportedly to Mark Zuckerberg and his wife, Priscilla Chan. The Rollins’ under-construction estate at 7 Indian Creek Island Road was marked pending last week in t
Read MoreGilberto Bomeny goes the distance to keep control of downtown Miami site

After betting big on a pair of luxury condo projects in the 2010s, Brazilian developer Gilberto Bomeny’s attempt to add a third skyscraper to Miami-Dade County’s skyline hasn’t gotten off the ground. But he’s still fighting. Now he’s in a nasty tug-of-war with New York-based Cirrus Real Estate Part
Read MoreWhy India looks especially vulnerable as conflict rages in Middle East

As conflict in the Middle East causes surging oil prices and disrupts the aviation sector, India is coming under pressure.
Read MoreBig-Box Boom: The Clues That Signal Your Community Is About To Grow

When a major big-box retailer opens its doors in a community, it’s typically more than just a new place to shop—it’s a signal. These chains follow rising consumer demand, so their arrival often points to population growth, new residential construction, and a housing market on the upswing. "Big-box r
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February was a month dominated by poignant celebrity stories—from the tragic passing of beloved "Dawson's Creek" star James Van Der Beek to the disappearance of "Today" host Savannah Guthrie's 84-year-old mother, Nancy, who vanished from her Arizona home on Feb. 1. Nancy was first reported missing h
Read More ‘I Left New York City and Invested $47K Upgrading a Tuff Shed Into a Tiny House in Kentucky’

When Sophie Goldie was working a consulting job in New York City, she never imagined life would lead her to call a $23,000 Tuff Shed in the wilds of Kentucky her forever home. But then, like so many others, the COVID-19 pandemic changed her plans. Her story takes her from the bustle of Manhattan to
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