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.
These Homes Are Printed, Not Built—and They’re About To Redefine Affordable Housing

What’s happening in Houston is a good example of what’s plaguing the country. Climate change is compounding an affordability crisis by increasing flood and heat risks on under-insured and low-income neighborhoods. And now, the city’s affordability gap has widened to nearly $176,000, according to the
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Comedian Aubrey Plaza is selling the Los Angeles home where her husband, Jeff Baena, was found dead at age 47—listing the property for $6.5 million, eight months after his passing. Baena was pronounced dead on Jan. 3 inside the Los Feliz property he shared with Plaza, with the Los Angeles County Cor
Read More California Tech Headquarters To Be Demolished for 225-Home Housing Project

The Bay Area in Northern California, known for its pioneering technology industry centered in Silicon Valley, will be saying goodbye to a 22-acre office park that held the GoPro Inc. headquarters. On Wednesday, Harvest Properties and Stockbridge bought the six office buildings with plans to replace
Read MoreBeztak, Wexford’s plan to expand apartment project heads to Boca Raton council

A joint venture between Beztak and Wexford Real Estate secured approval from Boca Raton’s Planning and Zoning Board to expand their previously approved apartment project. The approval allows Farmington Hills, Michigan-based Beztak and West Palm Beach-based Wexford to add 21 additional apartments, a
Read MoreDipping Into Retirement Savings To Pay Off Debt: the Harsh Reality for Gen Z Homebuyers

In recent years, many Americans have found the dream of homeownership challenging. For Gen Z Americans (born between 1997 and 2012), the road to achieving this dream has been paved with several specific hurdles. Inflation and high rates have made saving for milestone financial goals, such as buying
Read MoreTavistock completes third condo project at 32-acre Pier Sixty-Six redevelopment

Tavistock Development Company completed the third condominium in its 32-acre Pier Sixty-Six redevelopment. The developer, led by British billionaire Joe Lewis, received its certificate of occupancy for the 11-story, 28-unit Indigo at 2301 Southeast 17 Street in Fort Lauderdale, according to a press
Read MoreMortgage Calculator: Here’s How Much You Need To Buy a $439,450 Home at a 6.5% Rate

Mortgage rates this week for a 30-year fixed loan decreased slightly to 6.5%, down from 6.56% last week. So what effect does this have on your monthly mortgage payment? And what does this mean for homebuyers? Here’s the monthly cost of purchasing a typical home today, according to the Realtor.com® m
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NBC host Sheinelle Jones broken her silence on the "beautiful nightmare" she experienced while watching her husband, Uche Ojeh, battle brain cancer as she opened up about his death in an emotional interview on the "Today" show. The 46-year-old is a co-host on the third hour of "Today," alongside Al
Read More Developer wins rezoning of Wellington equestrian property for 25 single-family homes

Schickedanz Building Group won the right to build 25 two-story homes in Wellington on vacant land that was previously set aside for equestrian uses. The Wellington Village Council on Wednesday unanimously approved the rezoning of 10 acres of land by 50th Street South and 120th Avenue South. The deve
Read MoreFed Gets Green Light for Interest Rate Cuts as Unemployment Rate Jumps to 4-Year High

The Federal Reserve is now seen as likely to cut interest rates multiple times before the end of the year, following another weak jobs report that showed unemployment jumping to a four-year high. The U.S. economy added just 22,000 jobs in August, less than economists had expected, the Bureau of Labo
Read MoreYour Home Might Be Worth Way More Than You Think—Here’s Why

Many home sellers are ending the summer feeling frustrated after struggling to find buyers willing to meet their price, but the good news is they may be sitting on a hidden windfall without even realizing it. Americans who have owned the same home since the 1990s or early 2000s have built up high le
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A stunning Gothic-inspired castle in one of Miami's wealthiest and most sought after neighborhoods has made an imposing entry onto the market—with an asking price of $24 million. The dramatic Coconut Grove property, which is described as a "fairytale" dwelling, boasts several regal embellishments, i
Read More The ‘SALT Torpedo’ That Could Sink Deductions for High-Earning Homeowners

The new SALT deduction was supposed to give homeowners in high-tax states a break. By quadrupling the amount of state and local taxes they could deduct from their federal return, these homeowners could claim some relief from high tax burdens. And for many, it will deliver. In New Jersey, for instan
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Taylor Swift and Travis Kelce are reportedly planning to tie the knot in Rhode Island, where the pop star owns a sprawling $17.75 million retreat that is currently undergoing extensive renovations—with sources claiming that the duo could wed as early as next summer. The "So High School" singer and t
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Two New England states are suing the Trump administration over what they call the president's "assault" on the wind energy industry—after an offshore wind project intended to power 350,000 homes was halted by the government, despite being close to completion. Rhode Island and Connecticut filed a com
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Hollywood legend Richard Gere has celebrated his first birthday since he and his wife, Alejandra, left their U.S. abode to relocate to Spain—and, according to his spouse, that move has come with its fair share of "challenges." Alejandra, 42, shared an intimate glimpse inside their life while celebra
Read More Health care honcho buys 129-unit multifamily complex in Kendall for $28M

A health care executive bought a 129-unit apartment complex in Kendall for $28.3 million. Rudy Rodriguez-Duret bought the Sunset Apartments complex at 8951 Sunset Drive in an unincorporated area of Miami-Dade County, according to the buyer’s news release. The deal breaks down to nearly $219,000 per
Read MoreEx-Apple CEO sells oceanfront Palm Beach estate for $37M, $18M off original listing price

Ex-Apple CEO John Sculley and his wife, Diane Sculley, sold their oceanfront Palm Beach estate for $37 million. It marks a $17.9 million discount off their January listing price. The couple sold the home at 1214 North Ocean Boulevard earlier this week, Zillow shows. The deal has yet to hit public re
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Billionaire Julia Koch and her family have reportedly agreed to buy a historic 10% minority stake in the New York Giants at a record valuation of $10 billion—marking the first time in more than 30 years that a new dynasty will join the NFL franchise's ownership group. The $10 billion valuation of th
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A growing number of Americans want more than stocks and bonds in their retirement plans—they want private equity, real estate, even cryptocurrency. And as a result of a new executive order from President Donald Trump, those high-risk, high-reward investments could soon be within reach. Even after ye
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