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.
Edition Residences condo buyers sue Two Roads over stalled project

Three buyers are suing Two Roads Development to recover their deposits from the planned Edition Residences in Miami’s Edgewater, where holdout owners of the existing Biscayne 21 building have worked for years to block redevelopment. The buyers, Armando Lozano Ojeda, Alejandro Garcia and Patricia Zav
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Pop star Michael Jackson's daughter, Paris Jackson, has won a new legal victory against the executors of her father's estate—after a judge ordered that they return $625,000 in bonus payments made to third-party law firms in 2018. Executors John Branca and John McClain, who manage Jackson's estimated
Read More When Is the Best Time To Sell Your House?

Timing makes a huge difference in terms of selling your home quickly and for the most cash. But here's the thing: The rules on pinpointing that best time might not be entirely obvious. In 2026, Realtor.com® pinpointed the week of April 12-18 as the best time to sell, but the assumption that spring i
Read MoreThe Hidden Trap About Refinancing: Homeowners in These 5 States Are Paying Thousands More

When homeowners consider refinancing a loan, many don't take into account all the fees that go along with it. The average refinance loan amount in the U.S. is now $330,622, according to a new study by LodeStar Software Solutions, a provider of mortgage closing cost data. The average total closing co
Read MoreThinking of Refinancing? These 5 States Have the Highest Closing Costs in the U.S.

When homeowners consider refinancing a loan, many don't take into account all the fees that go along with it. The average refinance loan amount in the U.S. is now $330,622, according to a new study by LodeStar Software Solutions, a provider of mortgage closing cost data. The average total closing co
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Professional golfer Bryson DeChambeau has suggested he might make a very unique career pivot if LIV Golf collapses—telling reporters that he may put his sporting career on the back burner in order to focus on becoming a YouTube star. The 32-year-old's contract with LIV Golf is due to expire at the e
Read More “I’m not doing it a third time”: Riviera Beach delays Marina Village vote — again

The Related Group, Forest Development and Sonnenblick Development each made their cases before the Riviera Beach City Council this week on why they should be allowed to develop about 12 acres of public land near the waterfront at Marina Village. But with only three city council members present at t
Read MoreMortgage Interest Rates Today: Rates Retreat to 6.36% Despite Rising Inflation

Mortgage rates defied expectations by ticking down slightly this week, even as the latest inflation data revealed that surging oil prices resulting from the ongoing war in the Middle East have now bled into the costs of other goods and services. The average rate on 30-year fixed home loans retreat
Read MoreKevin Warsh Confirmed as Fed Chair Amid Trump Pressure To Lower Interest Rates

Senators voted Wednesday to confirm Kevin Warsh as the next chairman of the Federal Reserve. After a 54-45 vote in Washington, DC, Warsh will succeed Jerome Powell, who has led the Fed since 2018. Warsh's appointment comes after being nominated by President Donald Trump, who has been critical of Pow
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Professional golfer Scottie Scheffler is going head to head against his longtime rival, Rory McIlroy, at the 2026 PGA Championship in Pennsylvania, where the two men are the favorites to claim victory in the iconic tournament. Oddsmakers have put Scheffler, 29, as the premier prospect, with reigning
Read More Shoma’s Coral Gables Live Local project ramps up with land purchase

Masoud and Stephanie Shojaee’s Shoma Group just picked up the development site where it’s planning a luxury residential project in Coral Gables using the Live Local Act. Shoma paid $13.3 million through an affiliate to buy 3808-3850 Southwest Eighth Street, the South Florida Business Journal report
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House Republicans are aiming to move forward a bipartisan housing bill by cutting a requirement that build-to-rent institutional investors sell off their properties within seven years. A new version of the 21st Century Road to Housing Act, completed Wednesday night, strips that requirement, which th
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House Republicans are aiming to move forward a bipartisan housing bill by cutting a requirement that build-to-rent institutional investors sell off their properties within seven years. A new version of the 21st Century Road to Housing Act, completed Wednesday night, strips that requirement, which th
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To see our latest updates on the Nancy Guthrie case, please click here. Authorities investigating the disappearance of 84-year-old Nancy Guthrie are intentionally holding back information about their progress from the public in a bid to "protect" the integrity of the case, Pima County Sheriff Chris
Read More Amid Las Olas Blvd growth, 5-story jewelry store project riles some neighbors

A family jewelry business wants to build a luxury retail building on Las Olas Boulevard. But the five-story, canal-front project has cracked open a familiar dispute that comes with development –– pitting supporters of the growth against longtime residents alarmed by traffic, parking and height. The
Read MoreSouth Florida’s top deals: Coral Gables retail center trades for $9M

🏆 Residential: The top home sale recorded in South Florida was in Key Biscayne, where a home at 285 Woodcrest Road changed hands for $6.7 million, slightly above the home’s last asking price. The seller was an LLC led by Pedro Kolychkine, CEO of PK Management Group, and the buyers were Stephen and
Read MoreThe $25K Reason Buyers Should Reconsider New Construction

New-construction homes often come with higher sticker prices, but a new analysis from Realtor.com® suggests they can be cheaper to own over time—potentially flipping the math for house hunters. Nationally, buyers of new homes can expect to save an average of $25,335 over 10 years compared with buyer
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Super Bowl champion Vernon Davis is scoring touchdown after touchdown in his new post-NFL role as a professional house flipper—including the work he completed on his own custom dwelling in his hometown of Washington, DC. The 42-year-old retired tight end, who played for the San Francisco 49ers, the
Read More Iran war fallout forces Singapore Airlines-backed Air India to cancel 27% of international flights

Air India, a carrier co-owned by Tata Group and Singapore Airlines, plans to scale back over a quarter of its international flights from June as rising costs bite.
Read MoreThe 5 Fastest-Growing Cities in the Nation Are in Texas—as NYC Continues To Shrink

Midsize cities on the fringes of major metros experienced a population boom last year, with Texas emerging as home to the five fastest-growing enclaves in the nation, according to the latest data from the U.S. Census Bureau. For the second time in recent years, Celina, TX, located 40 miles north of
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