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.
Historical Boston Landmark Is Set for a Revival To Help With Affordable Housing

A long-empty 112-year-old church in the heart of Boston will soon get new life as it is turned into affordable housing. In Boston, one of the most expensive cities in the country with a median list price of $800,000 for August, according to Realtor.com® data, homeownership is out of reach for many.
Read MoreNew York and DC homeowners set for biggest savings from SALT cap hike

Homeowners in New York and Washington, D.C., stand to gain the most from the recently expanded federal cap on state and local tax (SALT) deductions — with typical households in these locations saving more than $7,000 a year, according to a Redfin report released Thursday. The change — part of Presid
Read MoreFirst Fed Rate Cut Since 2024 as Housing Market Shifts

The big news this week is that the Fed cut its federal funds rate for the first time since December 2024 as the committee judged that risks to the "full employment" side of the mandate have risen. Federal Reserve's policymakers voted to cut the central bank's benchmark interest rate by a quarter of
Read MoreUS home flipping profits hit lowest level since 2008

The share of U.S. homes flipped by investors fell in the second quarter of 2025 while profit margins dropped to levels not seen in more than 15 years, according to new data from ATTOM. Flippers resold 78,621 single-family homes and condominiums between April and June, or 7.4% of all sales.That was d
Read MoreGrupo T&C scores approval for 56-story Edge House Miami

William Ticona’s Grupo T&C won approval for his planned Edge House Miami, a short-term rental-friendly project in Edgewater. The City of Miami’s Urban Development Review Board greenlit the Kobi Karp-designed tower, according to a press release. Lima, Peru-based Grupo T&C’s 56-story, 608-unit project
Read MoreBusiness travel and expense startup Navan files for initial public offering in booming deal market

Business travel and expense startup Navan has filed for an initial public offering, reporting an annual revenue rate surpassing $600 million.
Read MoreHelp exists for cash-strapped homebuyers — but many don’t know it

As home prices and mortgage rates continue to stretch budgets, many would-be homebuyers are wondering if they’ll ever be able to make the jump. Industry professionals say that creative financing tools and professional guidance can make homeownership more attainable, but a lack of awareness continues
Read MoreCanadians are cooling on the U.S. housing market

Between April 2024 and March 2025, Canadian homebuyers spent $6.2 billion on U.S. real estate purchases, making up 14% of all foreign homebuyers, according to data from the National Association of Realtors (NAR). While the total spend of Canadian buyers is up from $4.4 billion in the prior 12-month
Read More‘$50,000 in Homebuilder Incentives Helped Us Buy More House for Less’

A Dallas couple is settling into their dream home that they never saw coming. With a $400,000 budget, but not pre-approved for a mortgage, Nader Huneidi and his partner, Cecilia Gonzalez, set out to see what they could find and ended up saving $50,000 upfront. "We thought we might have to settle for
Read MoreStellar MLS, Miami Realtors sign reciprocal access agreement

Stellar MLS, the largest MLS in Florida, and the Miami Association of Realtors, the nation’s largest local Realtor association, have entered into a reciprocal access agreement, the groups announced Friday. Stellar MLS currently serves about 30% of Florida’s land area across 18 counties and Puerto R
Read MoreRetirement age could change as Social Security examines all options

With the Committee for a Responsible Federal Budget predicting that Social Security’s retirement trust funds will run out by 2032, policymakers are being forced to act fast. When asked during Fox Business News‘s “Mornings with Maria” segment on Thursday whether the retirement age would change, Socia
Read MoreRabbi loses bid to dismiss Fontainebleau Miami Beach defamation lawsuit

Rabbi Shmuley Boteach lost his bid to toss out a defamation lawsuit accusing him of smearing Billionaire Jeff Soffer’s Fontainebleau Miami Beach. On Sept. 16, U.S. District Judge Michael Moore denied Boteach’s motion to dismiss the complaint, filed by the affiliate of Soffer’s Aventura-based Fontain
Read MoreHouston’s $351K median price outperforms Texas metros in affordability

Houston’s housing market maintains a competitive edge in affordability while still showing a slight seller’s advantage, according to the latest HW Data. With a median listing price of $351,900, Houston presents a value opportunity for buyers priced out of Dallas and Austin markets. Inventory and pri
Read MoreComposer Marvin Hamlisch’s Former 200-Year-Old Hamptons Estate Hits the Market for $4 Million

Legendary composer Marvin Hamlisch's former 200-year-old Hamptons home has been listed for $3.95 million. The property, which is situated on Captain's Row, was built in 1840 and is known for its gorgeous views of the pond and cove as well as its vintage charm. The home has been renovated since Hamli
Read MoreLeading reverse mortgage lenders prepare to put AI in front of seniors

Top U.S. reverse mortgage lenders are entering a new phase in their artificial intelligence (AI) strategy: deploying customer-facing tools to engage more directly with seniors. After achieving operational efficiencies by using AI internally, lenders now plan to roll out chatbots, voice agents and di
Read MoreBunny seeks carrot: Playboy wants $800K from Miami Beach for HQ move

News broke last month that Playboy was trading Beverly Hills for the Magic City, but now the once-iconic brand is looking to sweeten the deal. Playboy Enterprises International, led by CEO Ben Kohn, wants $800,000 in incentives from the city of Miami Beach, and could pull out of its lease for the 20
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There is nothing quite like a historic home with a storied past that tells the tale of its former life, so it's no surprise that converted residences originally used as barns, train stations, or even jails have become hot commodities lately. Whether you have always wanted to live in an abandoned chu
Read More Selling a Second Home? Here’s How To Cut or Avoid Capital Gains Tax

Selling a second home can come with an unexpected tax burden. It doesn't matter if it's an inherited ramshackle cabin, a luxury vacation retreat, or even a rental investment, the IRS treats the sale of these properties as a taxable event—without the preferential treatment of selling a primary reside
Read MoreNew IRS Retirement Rules Could Shake Up Homeowners’ Nest Eggs Under SECURE 2.0 Act

It’s never been more important for retirees to understand their financial situation, especially if they're homeowners. From the hidden equity tax to the new senior deduction in the One Big Beautiful Bill Act, there are plenty of new rules and regulations to keep track of—and for those approaching r
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Many pro athletes create private compounds with impressive sports facilities. However, this prized property in the hills of Santa Barbara has produced A-grade athletes and is fit for family living. Designed for the family of former NFL kicker Mick Luckhurst, the property is ideal for a similarly spo
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