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.
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The cast members of the hit Netflix series “Selling the OC” are stars in their own right—yet their work often sees them at the beck and call of some very major celebrities and other big-time clients, who often come with some rather large demands. On Season 4 of the show, which debuted in November, l
Read More Only 1 in 12 Homes in This State Has Full Replacement Coverage—Is Yours One of Them?

Only 8% of homeowners insurance policies analyzed by the Colorado Division of Insurance included the kind of “no-cap” protection that can virtually eliminate the risk of coming up short when rebuilding a home after a catastrophic loss. In its review of 951 homes connected to claims from the December
Read MoreAmericans Pay Off an Average of $1.8 Million in Lifetime Debt—Most of It From Mortgages

American adults can expect to spend an average of nearly $2 million on debt payments over the course of their lifetime, with more than half of that amount going toward mortgage costs. The types of debt people take on—and when they take it on—shift significantly between the ages of 18 and 78, which
Read MoreCentury 21 expands presence in Idaho

Century 21 Real Estate has expanded its presence in Idaho’s Magic Valley through the affiliation of Twin Falls-based Gateway Real Estate. The brokerage — now operating as Century 21 Gateway — has been owned and operated since 2010 by Nathan Lyda, a Twin Falls native. Lyda entered the real estate ind
Read MoreStop Your Wood Floors From Cracking With This Roughly $500 Fix

Wood floors offer a timeless look and can last for decades, but cracks popping up during the dry winter months can be a real eyesore and lead to costly repairs. As a homeowner, it's best to be proactive and stop them in their tracks. Fortunately, all you need is roughly $500 to spare on a whole-hous
Read MoreWorld’s richest optometrist pays $62M for oceanfront Manalapan mansion

Billionaire optometrist and inventor Dr. Herbert Wertheim paid $65 million for an oceanfront estate in Manalapan, adding to his portfolio of luxury homes. Property records show a land trust sold the nearly 28,000-square-foot mansion at 1160 South Ocean Boulevard. Weirtheim’s purchase was the first
Read MoreIn for a bad time: Miami Beach’s Goodtime Hotel owners in legal battle over $149M debt

The developers of Miami Beach’s Goodtime Hotel are in for a not-so-good time over a payment guarantee tied to an allegedly defaulted $149.3 million mortgage. Eric Birnbaum and Michael Fascitelli allege CIM Group is seeking to illegally collect at least $10 million via the payment guarantee, even if
Read MoreERA Real Estate affiliate announces North Texas acquisition

ERA Real Estate affiliate Sprout Realty ERA Powered announced its acquisition of Dallas-based 24Fifteen Realty, expanding its presence into the Dallas-Fort Worth Metroplex and neighboring Waco, Texas. The acquisition includes two offices and nearly 100 agents. Following the transaction, the brokerag
Read MoreWhy Texas builders are betting on backup batteries for new homes

On March 4, 2025, a windstorm cut across Texas and knocked out power to hundreds of thousands of homes. Outside Dallas-Fort Worth, the pattern was the same as the storm swept through one of Lennar‘s new communities: the grid went down, the neighborhood went dark. But 46 homes in that same community—
Read MoreSupreme Court denies REX’s request to rehear petition

The Supreme Court will not be taking up Real Estate Exchange (REX)’s appeal of a Ninth Circuit Court of Appeals ruling in REX’s long-running antitrust suit against the National Association of Realtors (NAR) and Zillow. The nation’s highest court denied REX’s rehearing request in a ruling on Monday.
Read MoreInside the $30.5 Million Dallas Mansion That’s the Most Expensive Texas Home Sale of the Year

A Dallas-area mansion makes history as the most expensive public sale in Texas this year, according to the Dallas Business Journal. The home, located in University Park—a suburb north of downtown Dallas—was listed for $35 million on Oct. 31. After two months, the Journal reports the home at 6601 Hun
Read MoreICE taps Bob Hart to lead mortgage technology division

Intercontinental Exchange (ICE) on Tuesday named Bob Hart as president of its ICE Mortgage Technology division. Hart will succeed Tim Bowler, who will transition to ICE’s fixed income and data services division, where he will focus on index development and financial institution infrastructure. The l
Read MoreMidwest dominates Zillow’s most popular housing markets of 2025
Home shoppers in 2025 gravitated toward more affordable, midsized U.S. cities, with Midwestern markets accounting for most of the country’s most popular places to buy, according to new data released by Zillow. Rockford, Illinois, ranked as the most popular housing market in the country, moving up fr
Read MoreKeurig Green Mountain billionaire inks deal for waterfront Palm Beach mansion asking $84M

Coffee magnate Bob Stiller’s pending deal to sell his lakefront Palm Beach mansion, asking $84 million, topped a strong week of luxury contracts in Palm Beach County. Buyers signed 24 contracts between Dec. 8 and Dec. 14 for luxury properties across the county, according to Douglas Elliman’s Eklund-
Read MoreWhy the Fed isn’t worried about the jobs data
The unemployment rate reached 4.6% today! Nevertheless, the Federal Reserve perceives current conditions as stable, allowing for a policy stance slightly above neutral since labor market deterioration has not yet occurred. Since late 2022, I have consistently argued that the Fed shifted its approac
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The businessman who purchased NBA star Michael Jordan's "cursed" mansion has prompted uproar from his neighbors in a tony Chicago suburb after unveiling plans to turn the property into what he described as an "immersive" tourist destination that will be "focused on personal transformation." Nebraska
Read More Freddie Mac appoints Kenny Smith as new CEO

Freddie Mac announced Tuesday that its board of directors has selected Kenny M. Smith as the company’s CEO. The move is effective Wednesday and Smith will also serve as a member of the board. Michael Hutchins, who assumed the interim CEO role in March 2025 following the departure of Diana Reid, will
Read MoreThere’s a Bear Hibernating Underneath Your Deck. Now What?

When animals choose your property as their new home, the situation can become frightening and moreover costly for homeowners. This is precisely what happened to a Colorado Springs, CO, family when a 200-pound black bear chose their deck as its hibernation site, according to KRDO. While the bear had
Read MoreHome improvement contractors remain cautiously optimistic

Even as higher material costs, labor constraints, economic uncertainty, and spottier consumer spending trends weigh on current renovation and remodeling projects, home improvement contractors remain optimistic. The Q4 Contractor Activity Tracker, released by The Farnsworth Group and Home Improvement
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The Trump Administration fired back against a lawsuit trying to stop construction on the $300 million ballroom project. In a Dec. 15 court filing, the Trump Administration says the plans for the 90,000-square-foot ballroom are a matter of "national security." It says the "sensitive and classified in
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