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.
NCH Rooney Heart Institute Performs Another “First”

NCH Rooney Heart Institute Performs Nation’s First Tricuspid Valve Repair with PASCAL Precision System Following FDA Approval Minimally invasive treatment expands options for patients with severe heart valve leakage in Florida Naples Comprehensive Health (NCH) has performed the nation’s first tricus
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The Los Angeles estate where fitness guru Richard Simmons died in 2024 has sold for $3.8 million—over a year after his death and months after the property reappeared on the market. Simmons, who died just days after celebrating his 76th birthday, had owned the home for decades—and spent an increasing
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California's top earners have mobilized and poured more than $300 million into an aggressive public campaign to defeat the controversial Billionaire Tax Act at next week's midterm elections. The measure, which will appear on the Nov. 3 ballot as Proposition 40, would impose a one-time tax of up to 5
Read More Fed Pauses Interest Rate Hikes for Now as Key Midterm Elections Loom

Federal Reserve policymakers have put interest rate hikes on pause for now, as they wait to assess further data on inflation and the strength of the economy. Fed Chairman Kevin Warsh joined the 10-2 majority on the Federal Open Market Committee on Wednesday, voting to leave the federal funds rate un
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“19 Kids and Counting” alum Jessa Duggar has revealed that she is expecting her seventh child. The TLC star and her husband, Ben Seewald, shared the news on the Oct. 28 episode of “The Unplanned Podcast with Matt and Abby.” “We have six kids, and we’re actually expecting again,” Jessa, 33, said. “Ye
Read More Children For The Arts Stages ‘Willy Wonka Jr.’

Allie Miller as Charlie Bucket with The Candy Kids in rehearsal. Photo courtesy of Children For the Arts Children For The Arts will invite audiences to enter a world of pure imagination with its upcoming production of Roald Dahl’s Willy Wonka Jr., hitting the stage at the Pulte Center Theater in Nap
Read MoreNaples Concert Band Celebrates 55 Years

Enjoy “Italian Masterpieces and American Pride” at the Cambier Park Bandshell November 1. Photo courtesy of the Naples Concert Band The Naples Concert Band will kick off its milestone 55th anniversary season with “Italian Masterpieces and American Pride,” featuring acclaimed guest vocalist Jeanie Da
Read MoreCelebrate Día de los Muertos at Naples Botanical Garden

Enjoy festive dance performances, part of Naples Botanical Garden’s Día de los Muertos celebration. Photo courtesy of Naples Botanical Garden Pay tribute to the beauty and traditions of Día de los Muertos at Naples Botanical Garden October 31 and November 1, 10 a.m. to 4 p.m. Honoring the Mexican h
Read MoreLuxury round-the-world cruise ends abruptly as fuel costs skyrocket

Cruise operator Villa Vie Residences said it would disembark passengers and crew, and restructure its business due to soaring fuel costs.
Read MoreBuilding a better path to homeownership

Survey results show 34% delayed exploring homeownership over credit assumptions, and 52% want rent and utility payments counted
Read MoreThe national cost-per-square-foot is wrong in both directions

Public bid tabs show about a 3x spread for the same concrete flatwork item, from $4.50 to $13.68 per square foot
Read MoreJupiter mansion sells for $35M as buyer levels up in Admirals Cove

Investment firm co-founders George and Sarah McMahon sold their waterfront mansion in Jupiter’s Admirals Cove neighborhood for $34.5 million. The sale marks a 43 percent increase in price for the home at 176 Spyglass Lane since it last traded. The McMahons, founders of the investment firm American
Read MoreLennar’s land bank spinoff Millrose bought 1,200 single-family rentals

Millrose Properties purchased single-family homes from Lennar with plans to run them as rentals, a disclosure that comes amid a lawsuit over the matter. In its third quarter report, publicly traded Millrose said it bought 1,233 completed homes from Miami-based Lennar, which spun off Millrose into a
Read MoreThese cities are labeled the best for retirees. How are their housing markets performing?

HousingWire Data shows that seven of the top 10 markets are at least 10% more affordable than the national average
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Bethenny Frankel and Andy Cohen have a complicated history, but after a series of public comments from both “The Real Housewives of New York City” alum and the franchise’s executive producer, a potential return is looking less likely than ever. During an Oct. 24 “Housewives History Lesson” panel dur
Read More Early third-quarter earnings show a 'resilient' U.S. consumer, with signs of strain

Companies from Royal Caribbean to Coca-Cola and UPS say they are seeing steady consumer spending despite high inflation.
Read MoreTexas Home Featured in Elizabeth Holmes Documentary Hits the Market for $2.25 Million

An Austin, TX, home featured in the Elizabeth Holmes documentary “You Can See Everything” has hit the market for $2.25 million. The four-bedroom, three-bathroom property spans 2,483 square feet and occupies a 7,100-square-foot lot, according to the listing, which is held by Amy Deane of Moreland Pro
Read MoreEquity Union launches agent healthcare program with Trident BPO

NAR data shows 81% of firms do not offer health insurance to independent contractors or agents
Read MoreLuxury Real Estate Brokers Alexander Brothers Sentenced to 30 Years in Prison for Sex Trafficking

Luxury real estate brokers Oren and Tal Alexander, and their brother Alon, were all sentenced to 30 years in prison in New York City on Tuesday, capping off a vast sex trafficking case in which the men were accused of drugging and raping dozens of women. Attorneys representing twins Oren and Alon, 3
Read MoreNAMB’s Michael Farrell on 2027 priorities of mortgage education, advocacy and member benefits

Farrell highlights the new MORE education platform, plus policy priorities tied to LLPAs and VA loan funding fees
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