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.
Home Value Growth Slows Further as Prices Drop in 9 of Top 20 Metros

National growth in home values continues to slow, with prices now falling in 9 out of the 20 major metro areas tracked by a key index. The value of single-family homes in the U.S. as measured by repeat transactions rose 1.5% in August compared to a year earlier, according to data from the S&P Cotali
Read MoreWidow of pharma CEO finds buyer for Palm Beach house asking $22M

The widow of a former pharmaceuticals CEO found a buyer for their Palm Beach house asking $21.5 million after seven months on the market. It was one in a surge of luxury contracts signed in Palm Beach County last week. Buyers signed 19 contracts between Oct. 20 and Oct. 26 for luxury properties in P
Read More-

Soccer star Lionel Messi has lifted the lid on his sweet life in Miami—while revealing his plans to represent Argentina in the 2026 World Cup, if he is at "100%" health. Messi, 38, recently doubled down on his commitment to remaining in the Sunshine State after signing a a three-year contract extens
Read More Your City’s ‘Hoofprint’ Could Affect Your Home’s Sustainability Score

Almost 20 years ago, after a harrowing experience watching "Food, Inc.," I decided to become vegetarian. I told my parents my choice was motivated in equal parts by wanting to do what’s right for animals and for the environment. They rolled their eyes. It was an admittedly dramatic stand. But what n
Read More-

An oceanfront Malibu, CA, mansion designed to be "reminiscent of a home on the coast of Mykonos" has just returned to the market for an eye-watering $74.5 million—offering up not only a taste of European excess but also an incredible heritage in the world of professional sports. The exclusive Paradi
Read More Fed Interest Rate Meeting Begins With Officials Divided on Policy and Blinded by Shutdown

Blinded by a data blackout during the government shutdown and deeply divided on the correct path forward, top Federal Reserve officials are meeting again to decide their next move on interest rates. Fed Chair Jerome Powell is joining other members of the Federal Open Market Committee (FOMC) in Washi
Read More-

Musician Avril Lavigne's former Malibu mansion is back on the market just two years after she sold it to a new buyer—who is asking a staggering $14.5 million for the home, almost double what they paid for the pad in 2023. Lavigne, 41, snapped up the California blufftop estate in 2020 for $7.8 millio
Read More -

Renovations on actress Emma Stone's extraordinary Texas mansion appear to have finally been completed—five months after she put the palatial pad on the market for $23.5 million. New listing photos shared with Realtor.com® reveal that the "landmark" dwelling has undergone an incredible transformation
Read More Manufactured Home Loans Explained: Real Property vs. Chattel Financing

Over the last 25 years, home values have exploded—pushing millions of would-be homeowners to the sidelines and catapulting existing owners into an estimated $48 trillion in real estate wealth. For families priced out of that boom, manufactured homes have offered one of the last naturally occurring a
Read More-

During a keynote address at Money20/20 in Las Vegas, Venmo announced an exciting new partnership with Bilt. For the first time, Bilt members will be able to pay their rent or mortgage using Venmo directly within the Bilt app, in addition to the platform’s existing payment options. The collaboration
Read More -

California’s billionaires may be on the hook for a one-time 5% tax on their net worth to help the state fund health care for low-income residents after sweeping federal cuts to Medicaid—a move that could generate about $100 billion in revenue but potentially shake up the local housing market's luxur
Read More Comras under contract for retail portfolio on Miami Beach’s Lincoln Road

Michael Comras’ company is under contract for a retail property portfolio on Miami Beach’s Lincoln Road. Miami Beach-based Comras Company is buying several properties from Morgan Stanley Real Estate Investing and Stephen Bittel’s Terranova, with the price pegged at about $140 million, Commercial Ob
Read MoreNew York Is Thrown Into Gerrymandering Debate as New Lawsuit Is Filed Over ‘Racial Vote Dilution’

A handful of New Yorkers have filed a lawsuit challenging the state's congressional map and claiming "racial vote dilution." It thrusts the Empire State into the gerrymandering controversy that district maps favor a party. The lawsuit comes as New Yorkers have started early voting—which includes the
Read MoreWitkoff, partners launch Ocean Terrace condo and hotel project with $200M in presales

Witkoff Group, and Alex Blavatnik and Sandor Scher’s Ocean Terrace Holdings launched sales of their planned North Beach condo and hotel development with more than $200 million in presales. Witkoff, led by CEO Alex Witkoff, joined the Ocean Terrace project earlier this year, reviving the long-planne
Read MoreBuying a House Before the End of the Year Might Be Your Best Chance at a Good Deal

The end of the year offers both a window of opportunity and a reality check for homebuyers. “Back in Q1 of this year, the market was in a ‘standoff,’” says Greg Field, a Phoenix-based agent with HomeSmart. “Buyers were still shocked by the rates, and sellers were still clinging to 2023 pricing. It w
Read More-

Gone are the days of ordinary bathrooms with confined showers. Recently, wet rooms—fully waterproofed bathrooms with open, barrier-free showers—have become one of the most desirable home upgrades. Their wellness appeal paired with aging-in-place benefits and potentially high resale value make wet ro
Read More Related, BH seek height bonus for planned 27-story condo in West Palm Beach

Related Group and BH Group are dangling $4.8 million for park and public transit improvements in West Palm Beach to score approval for a 27-story waterfront condominium. The joint venture is seeking a height bonus of 195 feet for a 0.8-acre development site at 2001 North Flagler Drive that is curren
Read More-

Lily Allen and actor David Harbour have listed their marital townhouse in Brooklyn for just under $8 million—mere days after the singer spilled some very intimate details about their bitter breakup in her new album. The sprawling Carroll Gardens property, which has been listed by Carl Gambino of Com
Read More Russell Weiner finds buyer for waterfront North Bay Road home asking $33M

Billionaire Russell Weiner secured a buyer for his waterfront home on North Bay Road that Keith Menin gut-renovated and recently listed for sale. The deal is one of 13 contracts signed in Miami-Dade County between Oct. 20 and Oct. 26, according to the latest Eklund-Gomes report, which tracks listin
Read More-

Jailed rapper Sean "Diddy" Combs' official release date has been revealed—just days after it was claimed that the music mogul had fallen victim to a terrifying knife attack inside his cell. According to the 55-year-old's profile on the Federal Bureau of Corrections website, his release is currently
Read More
Categories
Recent Posts










