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.
Hilltop Mansion Becomes Pacific Palisades’ Most Expensive Listing at $39.5 Million

A breathtaking mansion has hit the market in Pacific Palisades, CA, for $39.5 million, making it the most expensive home currently for sale in the exclusive enclave. The 1.41-acre property, at 525 Spoleto Drive, is situated on a rare triple lot with stunning views of the Pacific Ocean. The 12,000-s
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Singing sensation Elton John stepped into Christmas with something of a bitter taste in his mouth after a festive video he posted to celebrate his hit holiday song ended up going viral for all the wrong reasons. Chart-topper John, 78, took to Instagram on Nov. 29 to share a video of himself walking
Read More ROAD to Housing Act dropped from NDAA, sparking trade group response

The ROAD to Housing Act was left out of the 2026 National Defense Authorization Act (NDAA) in the final House text released Sunday, leaving the mortgage industry to continue pushing for housing provisions into the first quarter of next year. The bipartisan bill — which includes policies to address
Read MoreHow To Delicately Approach Buying a Home When a Neighbor Passes Away

There are only a few reasons why a neighbor’s home might come on the market. One is that they decided to move away. Another is that they unfortunately passed away. If you’ve lived in your community for a long time, you’ve likely developed bonds with your neighbors and have insight into their homes
Read MoreSerhant in, Elliman out at Meta’s Coconut Grove condo project

More than a year after launching sales for its boutique Coconut Grove condo project, Meta Development is bringing in Serhant to replace Doublas Elliman as the marketing lead. The six-story, 14-unit Opus Coconut Grove is slated for the site at 3137 Southwest 27th Avenue. Meta, a joint venture betwee
Read MoreSoaring Insurance Premiums Have Homeowners Gambling With Their Coverage To Save Money

Insurance costs have skyrocketed over the past few years, putting further financial strain on homeowners, who are already facing a slew of additional rising expenses. In fact, 47% of homeowners said their insurance has “experienced a premium increase in the past year, the highest rate of insurer-ini
Read MoreMBA voices support for proposed cut to community banks’ leverage ratio

Late last month, federal banking regulators proposed lowering the Community Bank Leverage Ratio (CBLR) for qualifying community banks and bank holding companies from 9% to 8% while extending the timeframe for certain banks to remain in the program. The Office of the Comptroller of the Currency (OCC)
Read MoreBuyer owes $24K after breaching buyers broker agreement, arbitration finds

Since the implementation of mandatory buyer broker agreements via the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement, many have wondered what happens if a buyer breaches a contract. Jeff Lichtenstein, the broker-owner of Flo
Read MoreZohran Mamdani Confirms He’ll Move Into Gracie Mansion

Historic Gracie Mansion will get new occupants in the new year. Mayor-elect Zohran Mamdani says he will move into the mayor's official residence on the Upper East Side of Manhattan. Mamdani and his wife, Rama, will move in once he's sworn into office in January. He said the decision comes down to sa
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"Owning Manhattan" star Jordan March has lifted the lid on his tense on-screen showdown with boss Ryan Serhant in Season 2 of the hit real estate reality series, as he reveals the fate of his career at the celebrity-run real estate agency. A 16-year real-estate veteran, March has played an integral
Read More Goat Hospitality owners find buyer for $18M Pinecrest estate

The owners of Goat Hospitality Group secured a buyer during Miami Art Week for their Pinecrest estate, which is on the market for $18 million. The pending deal marks the most expensive of 14 contracts signed in Miami-Dade County between Dec. 1 and Dec. 7, according to the latest Eklund-Gomes report
Read MoreAfter another lapse in coverage, trade groups urge Congress to pass long-term NFIP bill

Last week, the Mortgage Bankers Association (MBA) and 14 other trade groups representing insurance companies, lenders and other financial institutions urged Congress to approve a long-term reauthorization of the National Flood Insurance Program (NFIP). In a letter to congressional leaders dated Dec.
Read MoreAlix Earle and Braxton Berrios ‘Split’—Months After TikTok Star Moved Into NFL Player’s Miami Home

Social media sensation Alix Earle and NFL star Braxton Berrios have reportedly ended their two-year relationship—just months after the "Dancing With the Stars" contestant announced that she had moved into her partner's Miami home. Earle, 24, and Berrios, 30, began dating in February 2023 but kept th
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Former Fox News host Tucker Carlson ignited fury from MAGA critics when he announced over the weekend that he was buying a home in Qatar in order to "make a statement" after he was "criticized as being a tool" of the Arab country. Carlson, 56, made the revelation during an appearance at the Doha For
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Fever, PopStroke, ToroVerde | Miami Miami Freedom Park scored three retail tenants for more than 125,000 square feet. Fever, a live entertainment platform that curates large cultural events, preleased 30,000 square feet; Tiger Woods-backed miniature golf venue PopStroke preleased 75,000 square feet
Read More Mortgage Calculator: Here’s How Much You Need To Buy a $415,000 Home at a 6.19% Rate

Mortgage rates this week for a 30-year fixed loan decreased to 6.19%, down from 6.23% last week. The dip comes as anticipation mounts over this next week's Federal Reserve meeting which is widely expected to deliver the year’s third overnight benchmark rate cut. So how does this affect your monthly
Read MoreWaterfront Venetian Islands mansion rented for record $200K a month

The owner of a waterfront Venetian Islands estate rented the property out for $200,000 a month, setting a record for rentals across Miami-Dade County this year. The 9,350-square-foot mansion at 25 East Rivo Alto Drive in Miami Beach was rented for its asking price of over $21 per square foot, accor
Read MoreUnited maintains elite status requirements for 2027, but here's what's changing

Airlines have spent years grappling with having hordes of members in elite frequent flyer programs.
Read MoreThe operator of India's largest airline sees shares tumble after thousands of cancelations

Indigo airline continues to grapple with multiple flights cancelations, leading to disruptions for passengers.
Read MoreCost-Conscious Homebuyers Are Flocking To Affordable ‘Refuge Markets’ That Stretch Their Dollar

Housing markets across the U.S. struggled with historically strained affordability in 2025, but a handful of smaller, more budget-friendly metros stood out by offering buyers a chance to become homeowners without breaking the bank. These "refuge markets," predominantly concentrated in the traditiona
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