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.
Cornerstone, Brookstone propose 354-unit multifamily project in Little Havana

The Cornerstone Group and Brookstone Partners propose a 354-unit multifamily tower in Miami’s Little Havana neighborhood, amid an apartment building frenzy in South Florida. Cornerstone and Brookstone, both based in Hollywood, want to develop an eight-story building with a 5,000-square-foot grocery
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Missouri’s housing market sits squarely in the middle of America—and in the middle of the Realtor.com® State-by-State Housing Report Card. The state earned a C, reflecting a market with reasonable prices but a sluggish pace of new construction. The report, part of the Let America Build campaign, mea
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Barstool Sports founder Dave Portnoy has revealed the extreme steps he's taken to guard himself—and his home—against the rising threat from "lunatics," admitting his fear that the hatred he receives from online trolls is at risk of evolving into very real-life abuse. Portnoy, 48, opened up about his
Read More Portable Mortgages Could Break the Housing Market Lock-In—but Do Little for Affordability

More than half of U.S. mortgage holders have rates of 4% or lower, and 80% have rates under 6%, according to the latest data from Realtor.com®. That’s created a powerful lock-in effect, leaving millions reluctant to move and give up their once-in-a-generation rates. Now, the Federal Housing Finance
Read MoreMinnesota is Winning in Affordability and Homebuilding: Can Governor Walz Keep It That Way?

Minnesota stands out as a bright spot in the Midwest’s housing landscape. According to the Realtor.com® State-by-State Housing Report Card, the state earned a solid B-, signaling above-average performance on both affordability and new construction. The report, part of Let America Build campaign, eva
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“The Secret Lives of Mormon Wives” stars Jessi and Jordan Ngatikaura have put their marital home in Utah up for sale for $2.5 million—amid furious speculation that they are headed for divorce. Jessi, 33, and Jordan, 31, who wed in 2020, have lived in the six-bedroom, five-bathroom, 6,979-square-foot
Read More Sellers Are Testing the Market Again and It Could Spell Good News for Homebuyers

The flood of new listings hitting the market is affecting homes that have already been listed. Active inventory climbed 12.8% year over year, according to the Realtor.com® Weekly Housing Trends report. But economists say there could be a reason for the sellers willing to test the market right now. "
Read MoreMortgage Interest Rates Today: Mortgage Rates Tick Up to 6.24% as Markets Assess End of Shutdown

Mortgage rates ticked up slightly on Thursday but essentially held steady as markets took a pause amid cautious optimism over the federal government’s reopening after the longest-ever shutdown, tempered by lingering economic uncertainty. The average rate on 30-year fixed home loans rose to 6.24% fo
Read MoreThe Old Farmer’s Almanac Predicts a Truly White Christmas for Some Homeowners in 2025

If you’ve been dreaming of a white Christmas, you’re in luck. The forecast for many parts of the country looks snowy, according to the Old Farmer’s Almanac. Of course, this could put a real wrench in any travel plans to see family and friends over the holidays, especially in four key regions of the
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"Married to Real Estate" stars Egypt Sherrod and Mike Jackson have confessed that they "burst out laughing" after discovering that their HGTV show was canceled as part of the home-renovation network's bombshell program purge earlier this year. The couple, who announced the news of their series' axin
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Michigan’s housing market sits at a crossroads—relatively affordable compared with much of the country but slowed by limited new construction and aging inventory. The state earned a C on the Realtor.com® State-by-State Housing Report Card, part of the Let America Build campaign that measures how wel
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Louisiana’s housing market is stable but showing signs of strain as construction costs and insurance challenges weigh on affordability. The state earned a B-on the Realtor.com® State-by-State Housing Report Card, part of the Let America Build campaign measuring how effectively states balance afforda
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Gymnast Simone Biles has finally received the keys to her custom-built Texas mansion—revealing that work on the opulent abode has finally finished after more than three years of construction. Biles, 28, and her husband, NFL player Jonathan Owens, 30, broke ground on the lavish property, which is loc
Read More Chetrit’s Pompano Beach condo dev site, Hollywood Beach Resort units head to UCC auction

Chetrit Group’s waterfront condo development site in Pompano Beach and its units at the Hollywood Beach Resort condo are headed to a Uniform Commercial Code foreclosure auction. The lender that provided a $17.2 million loan on both properties in 2022 filed for the UCC foreclosure, according to a pu
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Nine single-family homes are on the market in South Florida asking $100 million or more. As the tri-county region’s busy season for real estate sales ramps up, sellers in the upper echelons of the market are looking to capitalize on demand for large, waterfront estates in prime neighborhoods. In the
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Lifestyle guru Martha Stewart is no stranger to luxury—but even she couldn't help but be bowled over by the level of extravagance on display inside late fitness guru Lucille Roberts' $50 million New York City mansion. Stewart, 84, was given a special tour of the property, which is the largest privat
Read More DOT freezes flight cuts as disruptions ease, shutdown ends

Flight disruptions eased on Wednesday before House lawmakers voted on a spending bill that ended the longest-ever government shutdown.
Read MoreOut-of-Town Buyers Can’t Quit the Heartland—Even as Prices Rise

It started as a pandemic-era trend, but it's showing no signs of slowing down: American heartland cities are drawing young professionals and families seeking a mix of relative affordability and ample job opportunities. Realtor.com® researchers looked at cross-market housing data for the third quart
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"Southern Charm" star Shep Rose has finally found The One. After living in a swanky bachelor pad in downtown Charleston, SC, and a casual beach bungalow in nearby Isle of Palms, the hit Bravo show’s resident pleasure seeker is committed to settling down in a converted schoolhouse in Sullivan’s Islan
Read More AI Layoffs Are Spiking—Could They Be the Housing Market’s Next Shock Wave?

Artificial intelligence was supposed to supercharge the economy, and in many ways, it has. Wall Street’s bull market has largely been fueled by AI optimism, buoying stock portfolios, bond markets, and 401(k) performance alike. Some investors are even starting to see returns, with the so-called Magni
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