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.
Berkshire Hathaway HomeServices adds Nevada leadership

Hagan spent nearly 15 years with Coldwell Banker Realty in Illinois
Read MoreUWM drops high-balance LLPAs, extends Bullseye 90 pricing

Bullseye 90 now includes eligible jumbo loans
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Actor Nicolas Cage's lavish Malibu mansion is facing a dramatic threat after a massive hole opened up where part of the property's driveway once stood. Just two years after the 62-year-old actor snapped up the modern 4,000-square-foot home, shocking images have revealed extensive damage outside the
Read More Golden Beach mansion tops Miami-Dade luxury market

A mansion in Golden Beach led Miami-Dade County’s luxury market last week, landing a contract at an asking price of $16.9 million. Buyers signed 11 contracts between Aug. 31 and Sept. 6, according to the weekly report by Douglas Elliman’s Eklund-Gomes team. The report tracks all listings in Miami-Da
Read MoreHomebuyers Shift to Riskier Mortgages as Interest Rates Rise

Mortgage applications dipped this past week as rising interest rates and persistent market pressures kept some buyers out of the market and pushed others toward riskier loan structures. For the week ending Sept. 4, the Mortgage Bankers Association's Market Composite Index—a measure of total mortgage
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HGTV star Joanna Gaines is an expert in all things home design, but when it comes to parenting, she’s still learning every single day. During an appearance on “Joy 101 with Hoda Kotb,” the mother of five got real about a tender moment she recently experienced with her oldest daughter, 19-year-old El
Read More Data Center Boom Triggers Homeowner Fears Over Skyrocketing Electric Costs

Real estate agents and their clients are worried data centers will drive up utility costs. But their impact on property values is less clear, the National Association of Realtors® found. About 61% of NAR members said their clients were concerned that data centers would raise energy costs, and 56% re
Read MoreEXCLUSIVE: Former NFL Star Chris Simms Scores a Buyer for His $8 Million 300-Year-Old Greenwich Home

Former Tampa Bay Buccaneers quarterback Chris Simms has offloaded his historic Connecticut estate—after seven months on the market and several price cuts. The 45-year-old—who retired from the NFL in 2010 following a spleen injury—and his wife, Daniella, initially put their longtime Greenwich abode o
Read MoreMiami puts short-term rentals under microscope after “Animal House” shutdown

The “Animal House” condo building in Brickell is the likely motive behind a Miami City Commission proposal to get a handle on short-term rentals. District 2 Commissioner Damian Pardo, whose district includes The Club at Brickell Bay, is sponsoring the legislation. The building recently made local he
Read MoreSelena Gomez Sells Encino Mansion for $5.4 Million—After Snapping Up $35 Million Marital Home

Pop icon Selena Gomez has officially offloaded her sprawling Encino abode in Los Angeles for $5.399 million—four months after listing the property and shortly after picking up a $35 million marital mansion. The 34-year-old singer and actress purchased the six-bedroom, 8.5-bathroom dwelling for $4.89
Read MoreUK air traffic chief rules out cyber attack after massive disruption at Heathrow

"We have at this point ruled out cyber," the head of NATS said Wednesday, as airlines slammed the organization for a third major failure in three years.
Read MoreAmerica’s Most Affordable College Towns Revealed

As Labor Day recedes in the rearview mirror and the fall semester gets underway, now is a good time to examine the nation's most budget-friendly college towns offering recent graduates and young professionals a realistic path to homeownership in a vibrant market without breaking the bank. Realtor.co
Read MoreLore, Element land $58M construction loan for Coconut Grove condos

Lore Development Group and Element Development secured a $58 million construction loan for a 48-unit condo in Coconut Grove that has already surpassed the 40 percent units sold. The joint venture obtained the financing for The Lincoln at 2650 Lincoln Avenue from SME Capital arranged by Berkadia, ac
Read MoreCharles Cohen plans $350M spec office project on heels of resolving debt woes

Charles Cohen is angling for a comeback. After the developer’s high-profile, yearslong foreclosure saga, Cohen now plans a pair of office buildings at 1805 and 1815 Griffin Road in Dania Beach. It marks Cohen Brothers Realty’s second planned office project in South Florida. Designed by Nichols Bro
Read MoreLowe’s, GM, and Nvidia Launch Coalition To Train Skilled Workers Amid Labor Shortage in Trades

More than 75 organizations have come together to address a major issue: a national shortage of skilled tradespeople. The Lowe’s Foundation, a nonprofit funded by the home improvement retail giant, last week launched the Building Futures Skilled Trades Coalition to invest in and improve the country’s
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"Full House" star Lori Loughlin has officially filed for divorce from Mossimo Giannulli after 28 years of marriage—nearly one year after the former couple offloaded their lavish Los Angeles home. Loughlin, 62, and Giannulli, 63, who have been separated and living apart since 2025, filed the paperwor
Read More Abandoned Property for Sale: How To Buy an Abandoned Home

Buying an abandoned property can be a bargain for homebuyers—if you can actually find such a property. Properties that are unclaimed by their owners are potential low-cost purchases that might be attractive to prospective homebuyers. They certainly have become all the rage on TikTok, with influencer
Read MoreHusband and Wife Get Prison for Elaborate Scheme To Sell Homes They Didn’t Own

A married couple who entered the United States from Mexico on tourist visas have been sentenced for their roles in a sophisticated real estate scam that involved selling homes they did not own and laundering approximately $1 million in proceeds. Victor Hugo Villalobos Almazan and Nayeli Noemi Montoy
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New Kids on the Block singer Jonathan Knight has good news for fans of HGTV’s “Crashers” reboot—there’s lots more home renovation content to come, despite the show’s hiatus. The pop star turned restoration expert, 57, shared a preview of what’s to come for the series in an Aug. 27 Instagram post. Al
Read More How Savvy Sellers Are Making Homes ‘Move-In-Ready’ Without Blowing the Budget

Some buyers don’t have the time or desire to close on a home and call a contractor right away. Instead, they prefer a “move-in-ready” property that doesn’t require immediate repairs or updates. “A ‘move-in-ready' home is safe and functional. All major systems are in working order, including plumbi
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