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.
Mortgage Applications Plunge as Surging Interest Rates Deter Buyers

Mortgage applications fell last week as rising oil prices drove interest rates higher, deterring would-be homebuyers, according to the Mortgage Bankers Association. For the week ending on July 24, MBA's Market Composite Index—a measure of total mortgage loan application volume—plunged 6.4% on a seas
Read MoreMen’s Club Makes Scholarship Awards

At its June 5 breakfast meeting at the Naples Hilton, The Right Men’s Club of Collier County (RMCCC) presented scholarship awards to four graduating Collier County high school seniors. The event was attended by 64 members and guests. The Club has awarded scholarships to Collier County students since
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Beleaguered actor Bill Cosby has once again removed his longtime New York City townhouse from the market—weeks after canceling a scheduled two-day deposition in an ongoing $60 million rape case because of his ill health. "The Cosby Show" star initially put his Upper East Side property on the market
Read More Foreign Buyers Spend Billions Less Than Last Year on U.S. Housing Market

Foreign buyers are pulling back from the U.S. housing market, purchasing significantly fewer homes and spending less compared to a year ago as high prices and tight inventory cool demand. From April 2025 through March 2026, international buyers closed on 67,100 existing homes nationwide, down 14% ye
Read MoreJuan Carlos Mas’ firm seeks rezoning for 162-acre project in Miami-Dade

A Mas brother is pushing to rezone 162 acres of land outside of Miami Gardens for a massive mixed-use development with affordable housing, retail and industrial space. Landmark QOZB Construction LLC, an entity tied to Juan Carlos Mas of Coral Gables-based MAS AJP, filed an application with county o
Read MoreSouth Florida’s top deals: Kamson buys West Palm Beach condo building for $90M

🏆 Commercial: West Palm Beach had the largest commercial sale to hit records Tuesday. The tenants of Ponte Verde Condominiums collectively sold the property at 1401 Village Boulevard for $90 million. Kamson Corporation and Scopus Property Management were the buyers. The 400 unit property sits on ab
Read MoreWhat America’s Most Expensive ZIP Codes Reveal About Where Wealth Actually Goes

When Realtor.com® ranked the country’s most expensive ZIP codes earlier this year, the numbers were staggering. Fisher Island, FL, was among the top 3 with a median home price of $10.83 million. Water Mill, NY, and Bridgehampton, NY, two enclaves in New York’s Hamptons, were close behind, with media
Read MoreDelaware’s Tale of 2 Luxuries: Coastal Beach Homes vs. Old Money Estates

True luxury doesn't always announce itself. While the San Francisco, Miami, and New York City luxury markets declare their status with record-setting deals and eye-watering price tags, Delaware keeps its luxury close the chest. The small state is not generally part of the national luxury conservatio
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An extraordinary home that is as much a optical illusion as it is a private residence has come on the market on the edge of Vermont's Mad River—where it is offering a somewhat "mad" opportunity to live inside a true work of art. The property, which is the work of architect John Connell, founder of t
Read More Top resi agent Julian Johnston exits Corcoran

Julian Johnston, one of the Corcoran Group’s top agents in Miami-Dade, left the brokerage and joined One Sotheby’s International Realty, The Real Deal has learned. Johnston’s license was transferred to One Sotheby’s on Monday, state records show. A top agent in Miami, Johnston joined Corcoran in 201
Read MoreHomeownership Rate Remains Flat as Affordability Strains New Buyers

The U.S. homeownership rate remains at a plateau, holding at 65.0% in the second quarter of this year, according to the latest data from the the Housing Vacancy Survey. The homeownership rate was unchanged from a year ago, and not statistically different than the rate in the first quarter of 2026 (6
Read MoreDavid Burstyn’s Winston pays $18M for waterfront Bay Harbor Islands lot

An affiliate of David Burstyn’s Winston Capital Management paid $18 million for a waterfront home lot in Bay Harbor Islands, likely a record for land sales in the island town. A family trust sold the nearly half-acre property at 10312 West Broadview Drive to Winston Bay Harbor, according to a sourc
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NFL icon Myles Garrett appears to have a hidden talent for real estate—at least judging by the incredible success of his recently listed Ohio home, which has come under offer less than a week after it was put on the market for $2.1 million. As exclusively revealed by Realtor.com®, Garrett, 30, made
Read More How Making Daylight Saving Time Permanent Affects Homeowners

Currently, most homeowners change their clocks twice a year: forward by one hour on the second Sunday in March and back by one hour on the first Sunday in November. However, this longstanding ritual may come to an end, thanks to the Sunshine Protection Act, which was passed by the U.S. House and ai
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The Department of Energy will consider five states to host "innovation campuses" devoted to nuclear energy, which could bring them a total of 25,000 jobs and $50 billion in investment. Utah, Oklahoma, Tennessee, Idaho, and Louisiana are the five finalists to host the innovation campuses, picked from
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Chief Justice John Roberts has sold his longtime Maryland home for more than $200,000 over his asking price—having secured a buyer for the elegant property mere days after it went on the market. Roberts, 71, purchased the seven-bedroom, 4.5-bathroom property two years before his appointment to the S
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NFL legend Odell Beckham Jr. has vowed to do whatever he can to help propel the New York Giants to their first Super Bowl win in 15 years when he returns to the team for the 2026 season—while admitting that he "never wanted to leave" the city where he launched his professional career. Beckham, 33, w
Read More Acqua Bistecca Sets the Scene for Mahjong Monday

Acqua Bistecca and SWFL Mahjong will host Mahjong Monday on August 3. Photo courtesy of Acqua Bistecca Acqua Bistecca in Estero Bay and SWFL Mahjong will team up to host Mahjong Monday on August 3, from 4 to 6 p.m. Enjoy an afternoon of open-play mahjong in the restaurant’s elegant waterfront settin
Read MoreThe Naples Players Academy Stages Les Misérables

See Les Misérables Teen Edition in The Naples Players’ Kizzie Theater August 7-9. Photo courtesy of The Naples Players Academy The Naples Players Academy will stage Les Misérables Teen Edition in The Naples Players’ Kizzie Theater August 7-9. This adaptation of Victor Hugo’s epic tale of redemption
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The first Category 5 storm of the 2026 season has arrived in the Pacific, with Hurricane Genevieve picking up speed and strength out at sea. The National Hurricane Center reported this morning that the storm had fallen back to a Category 4 storm as of 8 a.m., but that Genevieve had maximum sustaine
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