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.
Extraordinary 1906 Marin County Chalet Built for a Lumber Baron Hits the Market for $13 Million

An architecturally significant Marin County estate that was built 120 years ago for a thriving lumber baron has made a bold return to the market—with an even bolder asking price of $12.95 million. The estate, known as Grayoaks, has been standing in the same spot since 1906, surviving the ages and ea
Read MoreEerie Study Warns New Orleans Residents To Relocate—but How Do You Move an Entire City?

Anyone who has ever moved knows how stressful it is—so how do you relocate New Orleans' entire population of nearly 400,000 as the city faces an existential climate threat? That is the staggering question raised by a sobering study published this month in the Nature Sustainability journal. Based on
Read MoreHow social media became 100% of a Las Vegas real estate agent’s pipeline

One video. 320,000 views. Five closings. That’s what happened when I posted a short video explaining down payment assistance programs not as a polished advertisement, but as the kind of casual, straight-talk conversation I’d have with a friend. The response didn’t just surprise me. It changed how I
Read MoreAirlines urge Trump administration not to curb international flights in feud over 'sanctuary cities'

The Trump administration has been weighing cutting off Customs and Border Protection services at certain airports to pressure "sanctuary cities."
Read MoreNonprofit brings affordable homes, grocer to publicly owned site as part of Coleman Park revival

In an ongoing push to revitalize West Palm Beach’s Coleman Park neighborhood, a nonprofit is putting together land for a mixed-use residential development. City commissioners on Tuesday voted to give 0.85 acres of publicly owned lots to nonprofit Quantum Foundation, which is working through its Pal
Read MoreTavistock adds resi, grocery store, promenade in Pier Sixty-Six’s next phase

Tavistock Development is starting the next chapter of its Pier Sixty-Six redevelopment, proposing four buildings with hundreds of residences, a grocery store, retail and office space along Fort Lauderdale’s waterfront. The Orlando-based developer of the recently reopened resort and superyacht marina
Read MoreBuying a Home? Here’s How Rising Supply and Falling Prices Are Giving You Leverage This Week

The U.S. housing market is experiencing a notable shift as rising inventory and flattening asking prices collide with steady mortgage rates, according to the latest weekly data from Realtor.com®. The Freddie Mac 30-year fixed-rate mortgage ticked up slightly by 2 basis points, landing at 6.53%. Whil
Read MoreFloyd Mayweather Jr. didn’t buy a stake in former Versace Mansion

Boxing champion Floyd “Money” Mayweather Jr. never closed on purchasing an interest in the famed Versace Mansion property in Miami Beach, which he called “such an important piece of real estate” at the time he made a deposit. Mayweather planned to acquire the majority of real estate investor Eli Gi
Read MoreBeazer takeover bid tests book value and returns

Hostile takeovers don’t happen often among publicly traded companies in America, and they’re even rarer in U.S. homebuilding. So a little over a week of public quiet during Dream Finders Homes’ hostile pursuit of Beazer Homes should not be mistaken for inaction. Rather, this may be the phase when th
Read MoreAs Florida’s housing market finds its footing, sellers still face pricing realities

Florida’s housing market is settling into a period of measured stability, with pending sales on the rise and inventory levels flattening. Sellers who cling to pandemic-era pricing continue to face resistance from buyers navigating high mortgage rates and affordability constraints. As of May 23, Hous
Read MoreTennessee brokers brace for Zillow listing cutoff amid Realtracs dispute

A little over a week after real estate agents and brokers in the Chicagoland area saw their listings disappear from Zillow after Midwest Real Estate Data (MRED) suspended its data feed to the listing portal giant, real estate professionals in Tennessee are preparing for the same possibility. In an
Read MoreWynwood site sells at loss for under $15M to Turkish buyers

A Turkish company paid $14.5 million in cash for a Miami property at the crossroads of Wynwood, Midtown and Edgewater, marking a steep discount from the last sale. Terminal Wynwood LLC, managed by Ismail Murat Ozcan and Kayril Karabeyoglu, acquired the five-parcel assemblage at 85 Northeast 27th Str
Read MoreWill getting rid of property taxes make Florida more affordable?

Florida Gov. Ron DeSantis’ proposal to phase out property taxes for most primary homeowners is rapidly becoming one of the state’s most consequential housing debates in years. Supporters argue it could ease affordability pressures while critics warn it may fuel higher home prices and reshape local t
Read MoreL.A.’s Plan To Build Half a Million New Homes Is Drawing Major Developer Interest

Los Angeles' plan to build 500,000 new homes is speeding up the pace of new development, Mayor Karen Bass says. About 28,500 new homes are now under development in the city, and 40% of them will be income-restricted affordable housing. She touted the progress Thursday, one year after the city signed
Read MoreLower Asking Prices Are the Silver Lining for Buyers in an Otherwise Cloudy Market

Asking prices continued to fall nationally this week, providing good news to homebuyers in a market that is otherwise clouded by rising mortgage rates and economic uncertainty. The national median asking price for active listings was down 2.4% for the week ending May 23, compared to a year earlier,
Read MoreScissor stairs may lower Washington multifamily building costs

Zoning reform has grabbed most of the attention in housing policy circles, but sometimes it’s the unglamorous, technical building code changes that save builders real money. Single-stair reform was the first to sweep through state legislatures and city halls as a tool to spur missing-middle housing.
Read MoreStreetMatrix adds Arizona and Utah to its housing index

StreetMatrix has expanded its independent real estate analytics platform into Arizona and Utah, adding two fast-growing Western states to a housing index that already covers California and Nevada, the company announced on Wednesday. StreetMatrix was created by housing analyst Jonathan Miller, presid
Read MoreRocket expands on VantageScore 4.0 pilot for agency, VA loans

Rocket Mortgage and Rocket Pro provided additional details this week on their rollout of VantageScore 4.0 in mortgage lending after officially announcing last week that they have started using VantageScore 4.0 alongside Classic FICO scores. Heather Lovier, chief operating officer of Rocket Companies
Read MoreClariti AI Studio launches to help cities solve permitting delays

As municipalities adopt AI tools to cut days or weeks from permitting and approval timelines, one company has introduced a free training initiative for local governments taking baby steps to explore deploying the technology internally. Clariti recently announced the launch of Clariti AI Studio, whi
Read MoreRealty ONE Group launches ZONE Pro AI platform

Realty ONE Group International has launched ZONE Pro, a rebuilt proprietary tech platform that uses artificial intelligence to centralize business operations, referrals and training for its more than 20,000 real estate professionals, the company announced on Tuesday. The Laguna Niguel, California-ba
Read More
Categories
Recent Posts










