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.
Celebrate National Watermelon Day at Bha! Bha! Persian Bistro

Bha! Bha! Persian Bistro’s watermelon with feta, mint, honey, and crushed pistachios. Photo by Daniela Kolarski In celebration of National Watermelon Day on August 3, Bha! Bha! Persian Bistro will invite guests to discover how watermelon has been treasured in Persian culture for centuries as a refre
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"Fox & Friends" star Steve Doocy has reclaimed his seat on the show's iconic couch inside the Fox News studio in New York City—more than a year after he stepped down from his role as a full-time host of the show amid his relocation to Florida. Viewers of the hit morning show were delighted to see Do
Read More NCH First in SE U.S. to Perform Single-Port Robotic Abdominal Wall Reconstruction

NCH First in Southeastern U.S. to Perform Single-Port Robotic Abdominal Wall Reconstruction for Complex Hernia Repair NCH has successfully performed the first single-port robotic abdominal wall reconstruction in Florida and the Southeastern United States, marking another advancement in minimally inv
Read MoreNCH Earns Multiple American Heart Association Quality Achievement Awards

NCH Earns Multiple American Heart Association Get With The Guidelines® Stroke Quality Achievement Awards Naples Comprehensive Health (NCH) has once again earned national recognition from the American Heart Association (AHA) for delivering exceptional, evidence-based stroke care, receiving multiple 2
Read MoreA Decade of Transformation: The Naples Players Celebrates 10 Years of Leadership

A Decade of Transformation: The Naples Players Celebrates 10 Years of Leadership Under CEO & Executive Artistic Director Bryce Alexander This October, The Naples Players celebrates a milestone in its history as Chief Executive Officer and Executive Artistic Director Bryce Alexander marks ten years o
Read MoreChicago and New York Lead in Home Value Growth as Prices Remain Sluggish Nationwide

National home value growth picked up slightly in May, led by gains in supply-constrained, high-demand metros in the Midwest and Northeast, while the West continued struggling. The value of single-family homes as measured by repeat transactions rose 1.1% nationally in May compared to a year ago, up f
Read MoreEXCLUSIVE: Meg Ryan Finds a Buyer for $15.3 Million Hamptons Mansion—Weeks After Listing It

Actress Meg Ryan will have far fewer sleepless nights after securing a buyer for her opulent Hamptons estate—just a few weeks after she listed the property for $15.25 million. The listing for the picturesque dwelling, which sits on a lush 1.5-acre parcel in Bridgehampton, NY, has now been updated to
Read MoreBoeing posts wider loss than expected as Air Force One costs weigh on results

Boeing took a $280 million charge on its long-delayed Air Force One program.
Read MoreFed Interest Rate Meeting Begins With a Hike on the Table and Another ‘Family Fight’ Over Policy

Federal Reserve policymakers began their two-day meeting to set interest rate policy on Tuesday, and for the first time in years, the outcome of the vote is a true mystery to investors. Mysterious just the way Fed Chairman Kevin Warsh wants it. Warsh, who started the job in May, has criticized the F
Read MoreFresh College Grads Face NYC’s Toughest Rental Market Yet as Asking Prices Surge to 7-Year High

For the Class of 2026, launching a life in New York City comes with serious sticker shock as local rents hit a seven-year high, promising an uphill financial battle even for graduates entering high-paying industries. This spring, the median asking rent in the Big Apple reached $3,707, up 4.6%, or $1
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An ultra luxurious eight-bedroom compound overlooking the Laguna Beach coastline has hit the market for the extraordinary price of $112 million—a sum that could see it become the most expensive home ever sold in Orange County. Built in 1974, the 14,434-square-foot estate is currently owned by auto d
Read More The Medicaid Rule That Can Put Your Family Home at Risk

When Philomene Benoit died in 2012, the New Jersey home she and her husband had owned for more than 25 years remained with her surviving spouse, Clerveaux. That might have seemed to settle the question of what would happen to their family home. But Philomene had received Medicaid-funded care for nea
Read MoreAmerica’s accidental landlords: The hidden consequence of the mortgage lock-in effect

For the past several years, the real estate industry has talked about the mortgage-rate lock-in effect mostly as an inventory problem. That is understandable. When a homeowner has a 3% or 4% mortgage, and today’s replacement mortgage is in the mid-6% range, selling can feel financially irrational. F
Read MoreGaining that local edge to outperform competition amid market consolidation

The fight for market share in real estate has never been more intense. National portals, institutional investors and well-funded disruptors are all competing for the same buyers and sellers, pushing many brokerages to believe they need to spend more to keep up. But independent brokerages won’t win b
Read MoreAffiliated scores $74M construction loan for Fort Lauderdale Live Local project as lending thaws

Affiliated Development started construction on a Live Local Act project in Fort Lauderdale after scoring a $74 million construction loan. Pacific Life Insurance Company provided financing for The Cove, an eight-story, 376-unit development at 1055 North Federal Highway. The project is also being cap
Read MoreWhy Red Tape Reform Is Key to the Housing Bill’s Success

With the landmark 21st Century Road to Housing Act now law, local governments may finally rein in the red tape that is choking off the construction of new homes. The new law includes a $200 million "innovation fund," which would be a competitive grant program for local governments that can show they
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To see our latest updates on the Nancy Guthrie case, please click here. "Today" host Savannah Guthrie has issued a gut-wrenching new plea to those responsible for her mother, Nancy Guthrie's disappearance to help the family "bring her home," while detailing the "agony" that they continue to experien
Read More Allapattah on deck: CRA targets $243M for infrastructure, affordable housing

Allapattah, already a neighborhood targeted for redevelopment, now has a $243 million spending plan that leans in on infrastructure improvements and affordable housing construction. Miami commissioners, sitting as the members of the newly formed Allapattah Community Redevelopment Agency, unanimousl
Read MoreRoss makes his first Live Local move after years of office, condo development

Steve Ross, who developed an office and condo empire in West Palm Beach, is planning his first Live Local Act project. The proposal aligns with Ross’ public stance that the shortage of attainably priced housing is a top issue in Palm Beach County and marks a full circle for the 86-year-old who star
Read MoreNew York City posts notice of new tax levy to pied-a-terre owners

Tax attorneys and accountants are about to make bank helping owners of non-primary homes navigate New York City’s pied-à-terre tax notifications, which started landing in mailboxes before the weekend. “If you have a second home in New York City worth more than $5 (million), check your mailbox when y
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