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.
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A sprawling Maryland mansion that was once home to former Washington Wizards star Bradley Beal has been yanked off the market—just under a year after it was listed for $11 million. Beal, 32, who is known to his fans as "Big Panda," purchased the extraordinary property—which comes complete with an un
Read More Boomer Foster launches Paul Wesley Real Estate brokerage

As a child Boomer Foster, the nephew of Long & Foster co-founder Wesley Foster, wrote three goals on a scrap of paper in crayon: Play in the NFL Practice law with his dad Be president of Long & Foster “I was too slow for the NFL, but I played football all four years at University of South Carolina,
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California philanthropist Glorya Kaufman's longtime Beverly Hills estate has been brought to the market for $25 million—less than a year after the famed patron of the arts died at the age of 95. Proceeds from the sale of the property, which Kaufman named Château de Liberté or "house of freedom," wil
Read More Gavin Newsom Backs $11.25 Billion Bond Measure To Boost Home Construction in California

California Gov. Gavin Newsom is urging the state's voters to adopt a proposed $11.25 billion housing affordability bond aimed at boosting residential construction and homeownership rates. The governor’s office announced on Monday that Newsom, the state Senate and Assembly have reached a deal to plac
Read MoreBlue Road, Ilia cut hotel rooms, win resi upsize for North Miami Beach project

Blue Road and Ilia Development Group plan to start construction on a condo tower with a pickleball roof deck in North Miami Beach by early next year, after city officials approved a new site plan for the 650,384-square-foot condo project Monday. The North Miami Beach City Commission approved the dev
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The future of your 401(k) may be in the hands of Elon Musk. SpaceX went public on June 12, launching on the Nasdaq exchange under the ticker symbol SPCX, and millions of Americans may soon see the aerospace company founded by Musk among their retirement investments. Firms such as Fidelity, BlackRock
Read More Why mortgage rates haven’t followed oil prices by moving lower

Many people in the housing industry are wondering why mortgage rates haven’t fallen even as oil prices have dropped from $111 per barrel to less than $73 today. The 10-year Treasury yield is at 4.48% and mortgage rates are near their yearly highs. This is a fair question, and we have already discuss
Read MoreMortgage rates move near 6.8% as the potential for a Fed hike grows

Mortgage rates are moving higher as 2026 nears its midway point. And sentiment has shifted when it comes to rate expectations as more housing market observers are predicting at least one rate hike this year — a stark contrast to the start of 2026 when multiple cuts were on the table and sub-6% rates
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Gymnast Simone Biles has hit back at online critics who questioned her decision to jet off on a luxury vacation to Belize just days after suffering a "serious medical emergency" at her home—insisting that her travel is allowing her to properly "heal" from the undisclosed health issue. Biles, 29, rev
Read More Builders planned for undersupply, now demand is the swing factor

The “emerging trends” in housing story over the past decade or more has been a tale of magnitude variations on a theme: constrained supply eclipsed by growing demand. If there is one conclusion that rises above all others in this year’s “The State of the Nation’s Housing 2026” report, it is that the
Read MoreThe Hidden Costs of Timing Your Move From Renting to Buying

Switching from one rental to another is stressful enough. Making the switch from renting to buying is a different challenge entirely. More parties, more variables, and a closing timeline that can shift for reasons entirely outside your control. When things don't line up, the consequences can mean bo
Read MoreHostage to the HOA: How some developers keep a tight grip on owner associations

Teresa Troyer bought her three-bedroom townhome in a Central Florida subdivision five years ago, expecting homeowners to decide how their community is run. But she said it’s clear to her who’s in charge — the developer, not homeowners. Florida law mandates developers pass on control of residential a
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Ryan Seacrest has officially offloaded his 40-acre California estate for $18.5 million—two years after listing the stunning Napa Valley property for the much higher price of $22 million. The 51-year-old "American Idol" host first brought the enormous spread to the market in summer 2024, soon after c
Read More Realtor.com: Investor home purchase activity was stable in 2025

Investor activity in the U.S. housing market remained resilient in 2025 even as overall home sales fell to one of their lowest levels in decades, according to a report released Tuesday by Realtor.com. Investors purchased roughly 534,000 homes last year, a 0.7% increase from 2024, while their share o
Read MoreFinance of America announces three new hires to drive brand, product alignment

Finance of America (FOA) announced on Tuesday that it has appointed three senior executives to lead its brand, communications and product functions as the reverse mortgage lender looks to expand its retirement-focused home equity offerings. Colm Murphy has joined as chief brand officer, Jordan Baucu
Read MoreNAR subpoenas American Real Estate Association in ThePLS.com Clear Cooperation lawsuit

As part of the ongoing lawsuit between Mauricio Umansky’s ThePLS.com and the National Association of Realtors (NAR), the trade association has attempted to subpoena documents from the American Real Estate Association (ARA), the NAR alternative founded by Umansky and Compass agent Jason Haber. The su
Read MoreHUD adopts 14 changes to FHA policies, aiming to lower costs and ease credit access

The U.S. Department of Housing and Urban Development (HUD) is rolling out 14 changes to the Federal Housing Administration (FHA)’s single-family mortgage insurance program, including less stringent appraisal rules, expanded flexibility for the 203(k) rehab loan program and simplified closing forms.
Read MoreSurfside condo collapse began 3 weeks before tragedy

The partial collapse of the Champlain Towers South condo in Surfside started roughly three weeks before the building fell, according to federal investigators. The National Institute of Standards and Technology released a report Monday concluding that a structural failure first occurred at two critic
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To see our latest updates on the Nancy Guthrie case, please click here. Savannah Guthrie made an "unprecedented" plea for information about her mother, Nancy Guthrie's disappearance during the latest "Today" show broadcast—after reports emerged claiming that a ransom note sent in the wake of the 84-
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Ryan Serhant is expanding his fast-growing real estate empire to the Lone Star State. The star of Netflix's "Owning Manhattan" and founder of Serhant has announced a major expansion into Texas, where the brokerage will officially launch in Houston, Austin, San Antonio, and Dallas. The move marks ano
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