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.
Los Angeles Lakers Coach JJ Redick Lists His Sleek Brooklyn Penthouse for $6.2 Million

The head coach of the Los Angeles Lakers, JJ Redick, has listed his lavish Brooklyn, NY, penthouse for $6.2 million. The 41-year-old—whose full name is Jonathan—put his New York condo back on the market three years after listing and delisting the sprawling dwelling. The NBA pro purchased the 2,973-s
Read MoreBoca Raton spec mansion asking $13.2M tops signed contracts in Palm Beach County

A Boca Raton spec mansion topped signed luxury contracts in Palm Beach County last week. Buyers signed 14 contracts between Oct. 20 and Oct. 26 for luxury properties in Palm Beach County, according to a report from Douglas Elliman’s Eklund-Gomes team. The homes that went pending last week total $85.
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Sean "Diddy" Combs has been transferred from the "horrific" Brooklyn prison to a "low-security" jail in New Jersey as a judge allowed the disgraced rapper's lawyers to expedite his appeal. The 55-year-old—who recently fell victim to a terrifying knife attack in his cell at the Metropolitan Detention
Read More The Typical First-Time Homebuyer Is Now 40 Years Old, a Record High

The typical first-time homebuyer in the U.S. is now 40 years old, a record high, as affordability struggles price many younger families out of the market. The median age of first-time buyers rose to 40 in 2025 from 38 the year before, and is up sharply from 33 just five years ago, according the annu
Read MoreSouth Florida’s foreign buyer mix shifts, as Canadian demand falls

Canadian buyers are retreating from high-end South Florida markets, driven by the Trump administration’s trade and immigration policies and a softer exchange rate, even as Latin American demand remains strong. Canada’s share of foreign buyers shopping for U.S. homes online has dropped to 32.1 percen
Read MoreThe Top 10 Best Places To Retire Revealed—and a Very Surprising Midwestern City Snags No. 1 Spot

The age of retirement is typically in the mid-60s, and the baby boomer generation will all reach age 65 by 2030. So it stands to reason that places that provide a robust and enjoyable retirement experience will soon be very popular. But where to retire? The options can be overwhelming. U.S. News & W
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Canadian homebuyers are increasingly turning away from U.S. housing markets amid the ongoing tariff dispute between the two countries, but despite the pullback, Canadians continue to account for the largest share of international demand. Between July and September, Canadian house hunters handily top
Read More New York City’s Housing Economics Are Broken—and It’s Squeezing Everyone

They say if you can make it here, you can make it anywhere. It’s a promise that has inspired generations of artists, immigrants, entrepreneurs, and dreamers to pack a bag and move to New York City. Today, a critical piece of that dream has gone: an affordable place to live. For decades, the story wa
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An oceanfront Colonial estate in Palm Beach, FL, that is owned by retired Goldman Sachs partner and racehorse breeder C. Steven Duncker and his wife, Melinda, has galloped to first place on the week's most expensive homes list. The Dunckers purchased the North End property for $6.225 million in 2011
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A former local grocery store in Indiana that has been transformed into a modern loft-inspired residence with a floating steel staircase and exposed brick walls has hit the market for $345,000—complete with a very lucrative history as a short-term rental property. Built in 1821, the historic Brownsvi
Read More It’s Not Just Mold: Every Homebuyer Should Be Checking for These 3 Other Hazards Before Buying

While mold often ranks high on a homebuyer's radar due to its often-visible growth and well-publicized health risks, it's far from the only concealed danger that could be lurking within a property. Beyond the damp, musty presence of mold, buyers should ask about several other pervasive and potential
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A 100-year-old Bay Area property that was once home to a main residence and a studio apartment has now been transformed into a three-dwelling compound that will see multiple homeowners sharing a piece of the property pie. 1516 Blake St. in Berkeley, CA, began as a Mediterranean-style dwelling that w
Read More Aivre launches UAD 3.6 compliant appraisal platform

Aivre has launched a new artificial intelligence (AI)-driven appraisal platform, becoming the first in the U.S. to complete the Uniform Appraisal Dataset (UAD) 3.6 verification process with Fannie Mae and Freddie Mac. UAD 3.6 calls for electronic submission of appraisals to align with the Mortgage I
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New Jersey may be stereotyped from "The Jersey Shore" reality show, and often it's been the butt of jokes, but it's no joke when it comes to owning real estate in the Garden State. In certain parts of the state, there are hot spots where home prices continue to increase as demand grows. Interest in
Read More Treasury Secretary Warns of a ‘Housing Recession’ and Points Finger at the Fed

The U.S. housing market, along with other segments of the economy, may already be in a recession because the Federal Reserve has not been aggressive enough cutting interest rates, Treasury Secretary Scott Bessent said Sunday. "I think that we are in good shape, but I think that there are sectors of
Read MoreHouse bill calls for HOME housing program reforms

Despite the government shutdown, U.S. Reps. Mike Flood (R-Neb.) and Emanuel Cleaver (D-Mo.), leaders of the House Financial Services Subcommittee on Housing and Insurance, have introduced the HOME Reform Act of 2025 — a bill promising to streamline the HOME Investment Partnerships Program administer
Read MorePerkins Realty expands South Florida commercial portfolio with $27M buy

Perkins Realty Management boosted its South Florida commercial real estate portfolio by acquiring a Coral Springs medical office and retail plaza for $26.5 million. An affiliate of Deerfield Beach-based and Lynn, Massachusetts-based Perkins Realty, led by Andrew Perkins, bought Esplanade Center at 9
Read MoreNamdar nabs $460M in construction, bridge loans for 1,400-unit downtown Miami apartment towers

Namdar Group scored $460 million in cross-collateralized bridge and construction loans for its nearly 1,400-unit, two-tower apartment project in downtown Miami. The deal comes amid continuing lending in South Florida, despite higher interest rates and other economic headwinds. Great Neck, New York-
Read MoreFed Gov. Lisa Cook Says Central Bank Job Is ‘Worth the Scrutiny’ After Trump Tried To Fire Her

Federal Reserve Gov. Lisa Cook has made her first public comments since President Donald Trump attempted to fire her, refusing to answer questions about the ongoing legal drama but saying the chance to help lead the central bank was "worth the scrutiny." "It is the honor of my life to serve on the B
Read MoreFHFA inspector general role vacant after reported ouster of Joe Allen

The inspector general position at the Federal Housing Finance Agency (FHFA) is currently vacant after the reported ouster of Joe Allen. Allen, who was appointed as acting inspector general in April 2025, also served as chief counsel for the Office of Inspector General (OIG). It remains unclear when
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