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.
‘Cabaret’ Star Michael Feinstein Lists California Home for $4.49 Million—Just 1 Year After Buying It

"Cabaret" icon Michael Feinstein and his husband, Terrence Flannery, have put their West Hollywood Hills dwelling on the market for $4.49 million—just one year after buying it. Feinstein, 69, and Flannery first purchased the home, which was built in 1936, last year for $2.72 million and they are now
Read More5-Star Living: Penthouse Condo in ‘Golden Triangle’ of Beverly Hills Hits the Market for $29 Million

A luxurious condominium inside the Maybourne Beverly Hills hotel is on the market for $29 million, offering buyers the rare chance to own a private residence in a five-star surrounding. "Everything about Residence 8E is completely spectacular. ... As the largest and most prestigious residence locate
Read MoreAlamo, CA Homeowners Can Expect a Cool and Dry Fall, Says The Old Farmer’s Almanac

The Old Farmer’s Almanac has issued its Fall 2025 forecast, and California is heading into a split season: warmer and drier in the north, cooler and drier in the south. For Alamo, which is in the Bay Area, that means a mild, dry autumn with plenty of sunshine. Just the sort of fall you would expect
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Austin Butler has snapped up Brad Pitt's Los Feliz home—just three months after the "F1" star's dwelling was hit by burglars. The "Elvis" star, 34, forked over $5.2 million for the three-bedroom, two-bathroom home, which he closed on one week ago, according to TMZ. Pitt, 61, purchased the home in 20
Read More Sunshine State Sweep: All 4 Major Florida Housing Markets Favor Buyers—Here’s What That Means

Florida's red-hot COVID-19 pandemic housing boom is giving way to something not seen in years: a buyer’s market. Miami, Orlando, Jacksonville, and Tampa have all crossed into buyer-friendly territory, signaling a dramatic shift in bargaining power and a new chapter for the Sunshine State's housing m
Read MoreMountain Top, PA Homeowners Can Expect a Cool and Dry Fall, Says The Old Farmer’s Almanac

The Old Farmer’s Almanac has released its Fall 2025 forecast, and Pennsylvania is bracing for a cooler, drier-than-usual autumn season. For Mountain Top, that means chilly mornings, less rainfall, and a brilliant display of autumn foliage—a perfect combination for homeowners who will need this time
Read MoreTiffin Homeowners Can Expect a Cool and Dry Fall, Says The Old Farmer’s Almanac

The Old Farmer’s Almanac has issued its Fall 2025 forecast, and Ohio is in for a cooler, drier autumn season than perhaps expected. For the town of Tiffin, that means crisp mornings, lighter rainfall, and ideal conditions for colorful foliage. Beyond the weather, Tiffin has earned national housing r
Read More7 Strategies for the Most Successful Yard Sale Ever

Whether you're downsizing to a smaller home or finally tackling those closets, a yard sale is the perfect place to offload your clutter. You'll not only get rid of unwanted clothes, books, and toys, you'll also make some cool cash in the process. To maximize how fast your castoffs fly off your lawn,
Read MoreLegacy Residential boosts multifamily portfolio with $77M Broward purchase

Legacy Residential Group added to its South Florida multifamily portfolio by purchasing a Coconut Creek apartment community for $77 million. An affiliate of Miami-based Legacy, led by Tom Cabrerizo, acquired the complex with 416 units at 4303 West Atlantic Boulevard, records and real estate database
Read MoreMortgage Calculator: Here’s How Much You Need To Buy a $429,990 Home at a 6.26% Rate

Mortgage rates this week for a 30-year fixed loan decreased to 6.26%, down from 6.35% last week. This marks a new 11-month low, a day after the Federal Reserve lowered its benchmark interest rate for the first time in nine months So what impact does this have on your monthly mortgage payment? And wh
Read MoreRelated completes Casamar tower in Pompano Beach with $350M sellout

Related Group completed its oceanfront Casamar condos in Pompano Beach, with a sellout of $350 million. Move-ins have begun, and the tower is nearly sold out, save for a few units, according to a press release. It marks the Miami-based developer’s second finished condo project in the coastal Browar
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The only Case Study home ever created by iconic architect Richard Neutra, the Bailey House in Pacific Palisades, was designed in 1948 as a modest, affordable starter home. Now, having passed through the hands of the co-creator of "The Simpsons" and a famous fashion designer, the three-bedroom, two-b
Read More Americans Are Counting on an Inheritance Instead of Saving—but Family Homes Could be a Complication

In what’s being described as the Great Wealth Transfer, economists project that more than $100 trillion of wealth will pass from the baby boomer generation to their children over the next 25 years. As of today, an overwhelming majority (66%) of Americans expect—or already have received—an inheritanc
Read MoreDeceptively Large Designer Dome Home Pulls In a Buyer Within Days of Listing for $395K

They say looks can be deceiving—and nowhere is that more apparent than inside an elegantly renovated Minnesota dome home that was recently brought to market for just shy of $400,000. From its exterior, the property might seem, at best, pint-sized, occupying less than half of its 7,400-square-foot pa
Read MoreFed Chair Powell’s ‘Risk Management’ Comment Puts Upward Pressure on Mortgage Rates

Federal Reserve Chair Jerome Powell moved markets on Wednesday with his comments on the central bank's recent interest rate cut, prompting a sell-off in bonds that could send mortgage rates higher. Powell's remarks followed soon after the first Fed rate cut in nine months, which brought the central
Read MoreEXCLUSIVE: ‘Rare’ Coral Gables Estate Hits the Market for the First Time for $26 Million

An exceptional Miami mansion has come on the market for the very first time, asking $26 million—and it features 15,000 square feet of luxury. The property, which is being unveiled by Douglas Elliman’s Lourdes Alatriste and Evangeline Delgado, is located in Coral Gables. A press release shared with R
Read MoreAdd an Addition or Build an ADU? Experts Weigh In on Resale Value

As more homeowners stay put longer, many are hitting a wall—literally. One in 4 say they need more space, according to one survey, with another quarter reporting they outgrew their home just two years after moving in. Yet, moving has never been harder. Over 80% of homeowners have a mortgage with an
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A former NASA scientist has pleaded guilty to mortgage fraud after fabricating income records to finance the purchase of an $850,000 luxury home in Texas. Noreen Khan, 52, and her husband, Christopher Mayberry, 53, purchased the luxury home in Missouri City, TX, in 2017, when Khan was working at NAS
Read More California City Takes Steps To Stop Million-Dollar Homes From Sliding Into the Pacific Ocean

Rancho Palos Verdes, CA, is taking bold steps to halt more million-dollar homes from sliding toward the ocean. The city, 30 miles south of Los Angeles, has approved a comprehensive and expensive study to look at how stormwater flows into the area and if that water can be redirected elsewhere, accord
Read MoreCalta scores approval for 499-unit Live Local Act tower in Allapattah

The Caltagirone brothers’ Calta Group scored approval for a 499-unit Live Local Act tower in Allapattah, marking one of the first Miami projects under the state law with both condos and apartments. Coral Gables-based Calta plans the 30-story Anatomia with 6,500 square feet of retail at 1415–1469 No
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