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.
Why homebuilders aren’t building more homes

Today, the new home sales data perfectly explains why housing permits are near cycle lows and why we can’t get any traction on building more homes in America, as we have been basically stuck in one sales range for 10 years. If I take away the surge in new home sales early in COVID and the lows in 20
Read MoreEXCLUSIVE: Megamansion Where Kendall Jenner Filmed Iconic Super Bowl Ad Sells for $29 Million

The extraordinary megamansion where Kendall Jenner filmed her iconic Super Bowl campaign has sold for a significant discount, nearly one year after it hit the market for $38 million. Jenner, 30, shot the opulent property into the spotlight in February of this year, when it served as the backdrop for
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Basketball legend LeBron James has agreed to sign a new contract with the Philadelphia 76ers—less than a month after he left the Los Angeles Lakers. James, 41, who is originally from Ohio, announced at the end of June that, while he would be pursuing another season in the NBA, he would be doing so w
Read More The Automated Lawn: Are Robot Mowers a Smart Investment or a Costly Tech Gimmick?

Lawn care is essential, but for many homeowners, it’s also a time-consuming hassle. Some people hire services to tackle the yard work for them. Others have leaped into the future, with robot mowers becoming the latest must-have for homeowners across the country. “Robot mowers have been popular in Eu
Read MoreMiami Realtors + RWorld expands into Treasure Coast with new merger

Miami Realtors + RWorld has completed its second merger in just over two months, joining with Martin County Realtors of the Treasure Coast to create a single association and multiple listing (MLS) service spanning five counties in southeast Florida. The merger expands the organization to approximate
Read MoreNew Home Sales Tick Up in June Despite Elevated Mortgage Rates

Sales of new-construction homes bumped up a bit in June, as median sales prices slid and gave buyers an affordability boost. Contract signings for newly built homes hit a seasonally adjusted annual rate of 628,000 in June, 1.5% up from May, according to data released by the U.S. Census Bureau and De
Read MoreAmy Ballon launches developer consulting firm amid luxury condo bonanza

Residential development sales veteran Amy Ballon launched a consulting firm to address what she sees as a gap in the luxury market. Ballon is leveraging her 30 years of experience in South Florida’s luxury market amid the region’s unprecedented wealth boom. She formed Ballon Development Consultants
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Prince Harry and Meghan Markle took their two children, Archie and Lilibet, to visit the childhood home of the Duke of Sussex's late mother, Princess Diana, during their recent European vacation, it has been revealed. Meghan, 44, shared several photos from the family's recent trip overseas on her In
Read More Mortgage defaults level off in June, FHA new defaults down 15%

New mortgage default activity remained stable in June, with new defaults among Federal Housing Administration (FHA) borrowers falling 15% from a year earlier, marking the largest annual decline in more than four years. That’s according to Intercontinental Exchange’s (ICE) latest First Look Mortgage
Read MoreMortgage Calculator: Here’s How Much You Need To Buy a $430K Home at a 6.58% Rate

Mortgage rates continued their upward trajectory this week, as the average rate on 30-year fixed home loans reached 6.58% for the week ending July 23, up 3 basis points from 6.55% the previous week, according to Freddie Mac. This marks the highest average rate since early August 2025. Compounding th
Read MoreInfluencer IShowSpeed scoops up warehouse content studio near Miami’s West Little River

Social media influencer and livesteamer IShowSpeed bought a warehouse for a content creation studio near West Little River for nearly $11 million, The Real Deal has learned. IShowSpeed, whose real name is Darren Jason Watkins Jr., bought the 26,600-square-foot industrial building on a 1.8-acre lot
Read MoreSouth Florida’s top deals: BGI, Blue Road sell Alba Palm Beach condo for $10.4M

🏆 Residential: David Goulden and his wife, Andrea Helen McDonough, bought a sponsor unit in the new Alba Palm Beach building at 4714 North Flagler Drive, developed by BGI Capital and Blue Road for $10.4 million, representing the most expensive home sale to hit records in South Florida. This five-be
Read MoreMortgage Rate Lock-In Persists, With Ultralow Rate Holders Showing Little Sign of Budging

The housing market's gradual thaw slowed at the start of the year, as nearly half of all outstanding mortgages remained locked in at rates of 4% or lower. In the first quarter of 2026, the share of mortgages with ultralow COVID-19 pandemic-era rates of 3% and below registered at 19.5%, barely budgi
Read MoreGlass-Walled Midcentury Modern Gem With Ties to the White House Hits the Market in New Jersey

Tucked away on a verdant parcel in a New Jersey woodland sits an unexpected midcentury modern gem so rich in architectural pedigree that its design origins are actually tied to the White House. The glass-walled home in Stockton, NJ, which has just been brought to the market for $2.1 million, looks a
Read MoreForest Development, Kast Construction face off in legal battle over Lake Park condo

Forest Development and Kast Construction are going head-to-head in a legal battle over Nautilus 220 condominiums in Lake Park. The condo’s developer and builder are suing each other for alleged contract breach, incomplete work and failure to pay millions of dollars owed, The Palm Beach Post reporte
Read MoreMassachusetts Considers Eliminating Single-Family Zoning in a Bid To Boost Housing Supply

Lawmakers in Massachusetts are eyeing a change that could mean the end of single-family zoning in the state. Lawmakers inserted a provision into a major economic development bill, S.3178, that would allow two-family and residential duplexes in all residential districts that now allow single-family h
Read MoreBoxabl Shares Fall 50% Just Days After Tiny-Home Maker’s Public Offering

A tiny-home maker once touted by Elon Musk as a "cool product" has taken a heavy hit in its first week as a publicly traded company. Boxabl, a modular housing company based in Las Vegas, was listed on the Nasdaq exchange on Monday through a merger with a special purpose acquisition company, a method
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The Las Vegas Raiders' newest quarterback recruit Fernando Mendoza is itching to kick off his tenure with the team—but first, he's giving himself some time to get to grips with his new hometown in Nevada, specifically the dry desert heat. Indiana Hoosiers alum Mendoza, 22, was selected by the Raider
Read More Southwest Airlines put Texas jet fuel on a boat to LA for the first time amid supply worries

Southwest hired a ship this spring to send fuel from Houston to Los Angeles in case of supply shortages.
Read MoreAmerican Airlines stock tumbles 8% as fuel spike further postpones turnaround

American Airlines further cut its 2026 earnings outlook, citing higher fuel costs.
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