Southwest Florida Real Estate News and Market Insight

Pop sensation The Weeknd is reportedly in contract to buy an extraordinarily lavish $54.9 million waterfront mansion in Florida—where he will have the run of a 1.5-acre parcel that comes complete with an enormous dock capable of housing a 200-foot superyacht. According to the Wall Street Journal, th

Jobs week ended with an eerie silence, as the government remains shut down and we didn’t receive the last two major reports for the week. Given that job growth has been slowing dramatically this year, it’s time to examine what is really going on.  For me, the situation is straightforward: over the p

Buying a foreclosed home can be a good way to score a deal while hunting for real estate. A foreclosure is a house whose owners were unable to pay the mortgage or sell the property. As a result, the real estate lender assumed ownership and is now trying to sell it to recoup some of its costs, typica

When a listing says a property is being foreclosed on, some buyers see it as a red flag—but savvy investors know that it can actually be a sign of opportunity to capitalize on a potential deal. A foreclosure simply means the a buyer was unable to pay the mortgage, so the lender took over ownership o

A trust tied to the billionaire Bezos family is seeking approval from Coral Gables to upgrade the dock behind their prime Journey’s End compound.  Companies tied to the Bezos Family Foundation acquired two adjacent waterfront mansions in 2022 for a combined $78 million. The LLCs were linked to Amazo

Fannie Mae's latest monthly economic and housing outlook in September predicted that mortgage rates will average 6.4% at the end of 2025, and could potentially fall to 5.9% by the end of 2026. A dip below 6% could be just the push potential buyers need to return to the market in the coming year, as

A modern glass mansion on a hill that soars over the iconic Las Vegas Strip has hit the market for $6.5 million—combining the luxury of resort-style living with the glitz and glamour of Sin City. The four-bedroom, 4.5-bathroom dwelling, which was built in 2018, sits 16 miles away from the Strip in t

Compass is taking over sales for Savanna’s waterfront Olara condo project in West Palm Beach, The Real Deal has learned.  The move follows two years after the New York-based developer launched sales for the planned two-tower complex slated for 1919 North Flagler Drive with Douglas Elliman Developmen

Mortgage rates this week for a 30-year fixed loan increased to 6.34%, up from 6.3% last week, marking the second increase in the rate in several weeks. So what impact does this have on your monthly mortgage payment? And what does this mean for homebuyers? Here’s the monthly cost of purchasing a typi

Taylor Swift has admitted she dreams of settling down with her fiancé, Travis Kelce, in a quiet suburban neighborhood—complete with a house featuring a “driveway with a basketball hoop”—and raising a big family with children who resemble the Kansas City Chiefs tight end. The 35-year-old songstress—w

Grammy-winning singer-songwriter the Weeknd is in contract to buy a waterfront Gables Estates mansion that’s on the market for $54.9 million, sources told The Real Deal.  The Weeknd, whose legal name is Abel Makkonen Tesfaye, is buying oil recycling mogul Steven Lempera’s eight-bedroom, nine-and-a-h

Rapper Sean "Diddy" Combs has been sentenced to just over four years in prison—minutes after he broke his silence on his prostitution convictions to apologize to his victims and beg the judge in his case for "mercy." Diddy, 55, appeared in a Manhattan courtroom on Friday, where he spoke for the firs

It’s a fact of life that, for many of us, the homes we live in will outlive us. Even if we are homeowners, we have possession of these homes for only a short time. Before we pass on, it’s important to make plans to decide where our home will go—otherwise, those plans will be made for us.  For people

Starbucks, a staple in so many communities, is closing hundreds of locations across the U.S. and no neighborhood is immune to the cuts—with both suburban and metropolitan stores on the chopping block. The coffee giant says the plan is to shut down stores that are financially underperforming or unabl

A sprawling mountain mansion that was built especially for late Kellogg Co. chairman Arnold Langbo has made an illustrious appearance on the market for $14 million—becoming one of the most expensive properties currently listed in the state of Vermont. The marble estate, which is known as "Above the

Luxury real estate takes on different forms depending on the location, and in some markets—from remote corners of the West to coveted coastal enclaves—buying into the high-end housing scene comes with an eye-watering price tag. Gone are the days when a $1 million price point automatically signaled a

Singapore’s 2025 Grand Prix is driving tourism to other parts of Asia, as long-haul attendees tack on trips to places like Japan, Thailand and Indonesia.

They thought they were the lucky ones. After the devastating Los Angeles wildfires destroyed more than 11,000 homes, theirs survived. But now, some of these homeowners say they were abandoned by the very safety net meant to protect them. The state’s FAIR Plan, which “provides basic fire insurance co

An incredibly unique Arkansas estate is bringing a world of opportunity to the housing market. Listed for $3.8 million, it offers 95 acres of land, a sprawling stone castle, and an enormous barn ideal for parties and gatherings. Known as The Castle on Stagecoach, the extraordinary Little Rock proper

Mike Kortas wanted to be clear as he announced the company’s rebrand from the stage at NEXA Fest 2025: the company is not going into retail. The name change — from NEXA Mortgage to NEXA Lending — could seem like the prelude to lending in a new channel, but Kortas said it was actually a sign that NEX