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.
As Gas Prices Climb, the ‘Commute Tax’ Is Shrinking Home Searches

For years, the "drive until you qualify" trade-off was a staple of the American dream: Buyers could trade a longer commute for more affordability and better square footage. But as gas prices surge nationwide, the math is no longer working out. A gallon of regular unleaded now sits at an average of $
Read MoreTexas Homeowners Accuse SpaceX of Damaging Property With Sonic Booms From Rockets

Billionaire Elon Musk's SpaceX company faces two separate lawsuits from more than 150 Texas residents claiming that Starship rocket launches and engine testing have damaged their homes. Both lawsuits were filed on April 30, one in U.S. District Court in Brownsville, TX, and the other in McLennan Cou
Read MoreState zoning preemption tested as Colorado lot bills fail

After years of pushing housing affordability reforms, Colorado legislators hit a wall — crashing up against the limits of how much zoning control they could strip from local governments. This year, they sought to require most cities to allow single-family homes on lots as small as 2,000 square feet,
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Home renovation guru Joanna Gaines is putting her talents to good use inside her own Texas farmhouse—revealing that the kitchen space inside her family's home is undergoing an extensive overhaul that has seen it almost entirely gutted of its original finishes. The Magnolia Network co-founder, 48, an
Read More NAR says policies already align with new HUD stance on sharing school, crime data

The National Association of Realtors (NAR) says its existing policies already align with new federal guidance allowing agents to discuss neighborhood crime rates and school quality without violating the Fair Housing Act’s prohibition on racial steering. The Department of Housing and Urban Developmen
Read MoreMillrose Properties one-year report card, Q1 2026 earnings

A year ago, when Lennar completed the spin-off of Millrose Properties into a standalone, publicly traded REIT, the sheer size, root motivation and the complex nature of the pivot ushered in an era of land-banking unlike any before. Global capital asset managers followed suit. Land-banking and asset-
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Former Disney CEO Bob Chapek has secured a buyer for his hilltop Los Angeles estate—just four months after listing the "resort quality" dwelling for $14.99 million. Chapek, 66, who served as CEO of the Walt Disney Company from 2020 to 2022, purchased the six-bedroom, seven-bathroom dwelling in 2021
Read More Zillow bets on pre-marketing to unlock new growth

Zillow Group started off 2026 with a strong financial performance in the first quarter of the year, recording an 18% annual increase in revenue to $708 million and a net income of $46 million, up from $8 million in Q1 2025. Chief financial officer Jeremy Hofmann attributes this strong performance t
Read More“90% there”: Controversial project outside UDB delayed again. But is it inching closer?

A controversial proposal for an industrial facility beyond the Urban Development Boundary is still in limbo, though it needs support from just one more commissioner to proceed. Kelly Tractor, a Doral-based heavy machinery supplier that provides Caterpillar and other construction and mining equipmen
Read MoreBillionaire Ken Griffin Escalates His Feud With NYC Mayor Mamdani Over Pied-à-Terre Tax

Billionaire investor Ken Griffin is not happy with Zohran Mamdani after the New York City mayor filmed a promotional video outside of Griffin's $238 million Manhattan penthouse to announce a proposed tax on luxury second homes in the city. “Mamdani is making it really clear: New York doesn’t welcome
Read MoreCompass International Holdings names president of integrated services

Compass International Holdings has appointed a longtime executive to lead its integrated services division. Cory Perkins will oversee the unit, which focuses on combining services such as title, escrow and other transaction support into a more unified platform. The appointment follows the planned re
Read More“There is no ceiling”: Nadim Ashi’s latest Surf Club condos near $400M sellout

The sellout has reached $386.4 million at Fort Partners’ recently completed condo building in its sprawling beachfront Surf Club complex. Seaway North, at 9165 Collins Avenue in Surfside, has just 10 units and an average sale price of $38.6 million. While no one unit has set a market-wide price reco
Read MoreDavid MacNeil sells another Fort Lauderdale mansion for $26M

David MacNeil, the billionaire founder of the car mats maker WeatherTech, just sold a beachfront Fort Lauderdale mansion –– again. MacNeil sold the mansion at 3052 North Atlantic Boulevard to Pablo Umansky for $26 million, records show. It is the second time MacNeil has sold the home in three years
Read MoreHow AI accelerates construction draws and cuts review times

Construction project finance plays a crucial, time-sensitive role in residential construction, helping contractors, remodelers, and builders access funding draws throughout a project’s lifecycle. Historically, however, the process has been inefficient, requiring lengthy review and approval timelines
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Color benefit: This red libation is rich in lycopene, offering powerful antioxidant protection for the skin and heart. Photo by Gyorgy Papp Tomato Tempest Finished with a savory flair, the Tomato Tempest marries the freshness of pressed tomato water with the elegance of dry vermouth and sherry. Ingr
Read More Amended class-action lawsuit accuses Veterans United of ‘bait-and-switch’ tactics

Plaintiffs filed an amended complaint against Veterans United Home Loans, owned by Mortgage Research Center, adding claims of “bait-and-switch” and misleading advertising tactics, according to court filings reviewed by HousingWire. The original complaint filed in February alleges the lender misled
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A North Shore estate with deep roots in Midwestern history has returned to the market with a price adjustment. It presents the opportunity to own a pastoral retreat that feels like a slice of rural Britain rather than a home just 40 minutes from the Windy City. The Tudor-style residence at 499 West
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The elegant Malibu estate that Google founder Sergey Brin purchased with his ex-wife, Nicole Shanahan, is now being offered up as a luxurious "summer rental," complete with a very high-end asking price of $175,000 a month. Brin, 52, and his former spouse—who went on to join Robert F. Kennedy Jr.'s s
Read More ‘No-Mow May’ Can Shield Homeowner Wallets From Soaring Gas Prices While Actually Improving Your Lawn

As spring begins to give way to summer, tending to a yard becomes a common chore for homeowners. But this year, a “No-Mow May” trend is taking hold, encouraging homeowners to leave their mowers in the garage for the entire month of May. The movement is particularly motivated this year by the high f
Read MoreIntegra sells bayfront Miami-Dade rental complex for $151M

RPM Living paid $151.4 million for a bayfront apartment building and rental townhomes, The Real Deal has learned. It is one of the biggest known multifamily trades so far this year in Miami-Dade County. Austin-based RPM bought the 380-unit Biscayne Shores at 11295 Biscayne Boulevard from Miami-based
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