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.
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Jennifer Lopez and Ben Affleck's former Beverly Hills mansion they resided in during their marriage has hit the market again—this time with an $8 million price slash. Lopez, 56, and Affleck, 53, purchased the extraordinary property for $60.9 million in May 2023, less than a year after they wed, and
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A Virginia water mill that was turned into a beautiful three-bedroom residence has hit the market for $668,000—complete with its original wheel and a picturesque waterfall vistas. Moffatts Creek Mill in Middlebrook, VA, which was transformed into a private residence in 1929, was built in 1870, when
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The U.S. birth rate plunged to an all-time low in 2024 after being on a downward trajectory for roughly 20 years, with soaring housing costs widely cited as a major contributing factor. Earlier this summer, the U.S. Centers for Disease Control and Prevention (CDC) released updated birth data for the
Read More How $300 in Rent Could Put You on the Path to Homeownership

The road to homeownership takes patience and discipline, but if renting is the current situation, there's a way to use it as an advantage. Renters are able to use their payment history to help qualify for a mortgage— even if you have no credit history. Fannie Mae and Freddie Mac changed their policy
Read MoreGold Rush for California Desert Cities as Wealthy Residents Move In

California desert communities are no longer just seasonal escapes—they’re fueling a gold rush as full-time luxury destinations. Incomes have surged in Thousand Palms, Indian Wells, and Del Mar, reshaping housing demand across the state's desert and coastal enclaves. Buyers from Los Angeles, Santa Ba
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In northern Utah’s Heber Valley sits a modern monument known as Camelot—a 24,000-square-foot chateau that rises above the valley floor with all the stateliness of a presidential suite. That makes sense, considering the 2011 home was reimagined in 2023 by its current owner, Jim Steele, president of g
Read More ‘It’s Got To Feel Right’: Why More Homebuyers Are Walking Away From Deals

Matt and his wife thought they'd found it—the house that would become their new home in Denver. After months of virtual tours and FaceTime walk-throughs with their out-of-state real estate agent, endless hours scrolling through listings from their place in Georgia, this home, in their target neighbo
Read MoreThe Weekly Dirt: How the Fed’s rate cut could affect South Florida buyers

The Federal Reserve cut its benchmark interest rate by a quarter point. The reduction is not as substantial as some hoped, and it had already been priced into mortgage rates by the time the announcement was made last week. The remaining market foe is inflation. “That’s what’s causing the stickiness
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On the sparkling waters of Lake George, often called the “Queen of American Lakes”, a seven-bedroom estate unlike any other is waiting for its next steward. From its 19th-century hotel days to its 20th-century preservation, the legendary 14 Mile Island estate sits on 3-plus acres of privacy just off
Read More Some premium travel rewards credit cards now cost over $500 per year. What to know before you apply

American Express was the latest credit card company to increase the annual fee for a premium rewards card. Here’s what to consider before signing up.
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Brandon Bronaugh, star of the reality series "Hoarders," has lifted the lid on the worst cases he has seen as he reveals how to keep your home from becoming a hoarding ground. The TV star and expert has tackled some extreme hoarding cases, and in an interview with Realtor.com®, Bronaugh candidly ope
Read More Have lower mortgage rates already changed the housing market?
Mortgage rates fell to almost 6% just before the Fed announcement on rate cuts, then rose slightly to close out the week. Have lower mortgage rates already changed the housing market? Yes. Housing data started to change in our weekly Housing Market Tracker in mid-June and I’m writing this weekend’s
Read MoreNorth Carolina Couple Spends $200K Moving Home as Erosion Slowly Swallows Their Shoreline

When Dr. Scott Twentyman and Cindy Doughty of Rodanthe, NC, bought their three-story beach house in 2002, extreme weather and beach erosion weren't issues they worried about. "It wasn’t on our radar at the time," Twentyman tells Realtor.com®. "We never even thought of it." But over time, Rodanthe er
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Alison Victoria is ready to win big in Las Vegas. The HGTV star, best known for five seasons of her hit show "Windy City Rehab," as well as "Rock the Block" and "Ugliest House in America," has had good—and bad—luck in her native Chicago. Elegant designs put her on the map, while legal troubles with
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Ever dreamed of being the mayor of your own town? A 22-acre property in Mount Vernon, KY, is up for grabs—complete with 10 rustic cabins, a trapper’s cabin, general store, blacksmith shop, an 1800s church, a post office, and even a schoolhouse. Set in the scenic Renfro Valley Mountains, this one-of-
Read More Inside the Mountain Town Escape With America’s ‘Best Lake’ Where Homes Are Still Affordable

California’s most famous lake towns often come with million-dollar price tags and an exclusive air that makes them feel out of reach for most buyers. But affordability is still within reach—for now—at Big Bear Lake, America's "Best Lake," according to USA Today's most recent Readers' Choice Awards.
Read MoreWhen Special Assessments Stall: Why Homeowners Should Beware of HOAs Holding Their Cash

Just before we moved in together, my fiancee got a notice from the owner of the condo she subletted. The building, located just feet from the boardwalk in Brighton Beach, Brooklyn, was going through a special assessment to update the building’s sagging balconies. It was a significant cost and the co
Read MoreTech Pulse: Real estate referral landscape; new e-sign tool

Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: From Zillow to sphere: Why you must know the source of your real estate referrals Real es
Read MoreRussell Galbut’s family office, partners buy Galleria Fort Lauderdale

Russell Galbut’s GFO Investments teamed up with InSite Group, Atlas Hill Real Estate and Prime Finance to buy Galleria Fort Lauderdale, sources told The Real Deal. The partnership closed on the 800,000-square-foot indoor mall at 2414 East Sunrise Boulevard, according to sources familiar with the tra
Read MoreZillow faces class-action suit over Premier Agent, Flex commissions

Zillow is facing yet another lawsuit. Filed on Friday in U.S. District Court in Seattle, the lawsuit alleges that the portal tricks consumers into using agents affiliated with Zillow through its Flex and Premier Agent programs, resulting in inflated home purchase prices. The suit was filed by Aluca
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