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.
Beshara Real Estate Team joins Compass Atlanta

The Beshara Real Estate Team, a RealTrends Verified-ranked team in Marrietta, Georgia, led by principal agent Brenda Beshara, has joined Compass Atlanta after 19 years with Keller Williams, the company announced on Wednesday. Based in East Cobb, the seven-person team serves buyers and sellers across
Read MoreChris Pine Accuses Luxury Brooklyn Developer of Failing To Refund $100K Rental Deposit

Actor Chris Pine is suing a high-profile luxury developer in Brooklyn, claiming the developer has failed to return a $100,000 deposit on a rental deal that fell through. The "Star Trek" actor alleges in a lawsuit that Carlos Saavedra and his firm, Eckstrom, are improperly holding $100,000 following
Read MoreBuilder confidence falls in July as affordability pressures persist

Homebuilder confidence fell again in July as affordability pressures and economic uncertainty continued to weigh on demand, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released on Thursday. According to the index, homebuilder confidence in Ju
Read MoreFirms tied to Argentine soccer money probe bought four Miami-Dade properties

The FBI is reportedly investigating unusual financial transactions involving the Argentine soccer association, some of which are linked to a South Florida couple who bought $11 million worth of property in Miami-Dade County. Argentine theater producer Javier Faroni and his wife, Erica Gillette, bou
Read MoreDespite ROAD Act passing, no construction boom is coming

The recently passed 21st Century ROAD to Housing Act got a lot of love and attention, as it is supposed to be the first step toward building a lot more homes in America. But as is often the case, what politicians promise can be more hype than reality, and I believe this is another example. My bias i
Read MoreAtlantic Avenue posts 25% monthly gain, leads HECM broker endorsements in April

Home Equity Conversion Mortgage (HECM) endorsements for April showed that the nation’s top brokerages continued to originate federally insured reverse mortgages at higher or similar levels to their pace over the past year. That’s according to data released this week by Reverse Market Insight (RMI) a
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"The Secret Lives of Mormon Wives" star Taylor Frankie Paul is facing yet another legal hurdle after Utah's Division of Child and Family Services (DCFS) asked a court to find that her three children are "abused, neglected, or dependent" following a visit to the family's Utah home. According to a leg
Read More Foreclosures climb 21% in first half of 2026, pushed by higher stress in FHA, VA mortgages

U.S. foreclosure activity rose again in the first half of 2026, with 227,548 properties receiving filings, up 21% from the same period in 2025, according to ATTOM’s midyear foreclosure report released Thursday. The report — which tracks default notices, scheduled auctions and bank repossessions — sh
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The California home where Martin Short's daughter, Katherine, died has been listed for sale, just five months after her death. Katherine died on Feb. 23 at the age of 42 from a self-inflicted gunshot wound inside the Hollywood Hills property, following a lifelong battle with depression and mental il
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"Nobody Wants This" star Jackie Tohn has revealed how her fellow A-lister and close friend Jessica Biel persuaded her to drop out of college when she was a teen—then welcomed her into her family home when she was left with "nowhere to live." Tohn, 45, who stars as Esther Rocklov in the hit Netflix s
Read More Left in the Dust: Why Contractors Ghost Mid-Project and How To Salvage Your Reno

Hiring a contractor to start a home reno is exciting—until they suddenly go radio silent halfway through the project. If this has happened to you, understand you’re not alone. Ghosting is an unfortunate yet common issue many homeowners experience at some point in time. “Ghosting is almost never the
Read MoreMortgage Rates Jump to Highest Level in Nearly a Year as Iran War Reignites

Mortgage rates surged this week to levels not seen in 11 months as the conflict between the U.S. and Iran continued ratcheting up with no resolution in sight, putting renewed upward pressure on energy prices and bond yields. The average rate on 30-year fixed home loans jumped to 6.55% for the week e
Read More$1M rent, $100 steaks: Inside Coconut Grove’s booming restaurant scene

Coconut Grove’s evolution into one of Miami’s hottest dining scenes came at a cost, as soaring rents have threatened or shut down restaurants that helped transform the neighborhood into a dinner destination. The area once seen as a bohemian enclave had average direct asking retail rents of more than
Read MoreHomebuilder Sentiment Dips Despite Passage of Landmark Housing Bill To Boost Construction

Homebuilder sentiment swooned this month despite the passage of a major federal housing law designed to boost construction, as high costs and economic uncertainty continued to weigh on the industry. Builder confidence in the market for newly built single-family homes dropped to 34 this month, down f
Read MoreIs Your Property in the Plume? Canadian Wildfire Smoke Map Shows Where Homeowners Are Affected Now

The air quality in much of the northern United States remains at dangerous levels as dense wildfire smoke from Canada continues to travel across the border. The National Weather Service (NWS) notes in its latest reports that the smoke will darken skies across North America, with satellite maps captu
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Late "Dawson's Creek" star James Van Der Beek's former Beverly Hills home has been offered up for rent—five months after the actor passed away following a battle with cancer. The actor, who died Feb. 11 at the age of 48, had been living at the four-bedroom, three-bathroom abode with his wife, Kimber
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"Jurassic Park" star Sam Neill's cause of death has been revealed, days after it was announced that the iconic actor had passed away at the age of 78. His death came just a few weeks after he declared that he was "cancer-free" following a yearslong battle with Stage 3 angioimmunoblastic T-cell lymph
Read More Pending Home Sales Plunge 5.4% in June as Prices Surge to Record High

Pending home sales retreated in June on both a monthly and annual basis, driven down by mortgage rates climbing to a 10-month high and home prices setting a new record. Contract signings plunged 5.4% compared to May and ticked down 0.3% from a year ago, according to the National Association of Realt
Read MoreMiami secures $193M permit to build civic center at Freedom Park

The city of Miami’s new civic center, which will replace an aging administrative building downtown and the city’s iconic city hall in Coconut Grove, secured a $193 million construction permit, the city confirmed. The city received its permit July 1, just over a week before construction workers topp
Read MoreWetland development cost Florida homeowners $1.6B in flood damages, study finds

Development of Florida’s wetlands has saddled homeowners with a whopping $1.6 billion in flood damages, according to a new study. The study, conducted by the Massachusetts Institute of Technology, found Florida’s wetland mitigation banking program has increased flood risk in urban areas by allowing
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