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.
WeatherTech, Oracle billionaires pay $67M for slices of neighboring Manalapan land

Larry Ellison and David MacNeil are expanding their Manalapan waterfront turf after dropping a combined $67 million on portions of their neighbor’s land. Oracle’s Larry Ellison and WeatherTech’s David MacNeil bought the land from Florida real-estate developer Stewart Satter, who last year planned a
Read MoreThe Exact AC Temperature That Will Save Homeowners Hundreds This Summer, According to HVAC Experts

Now that it’s summertime, finding the optimal thermostat settings is more important than you may realize. If your goal is to maximize energy savings while still ensuring comfort, the Department of Energy recommends 78 degrees Fahrenheit when you’re at home. While you’re away at work, it advises turn
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Former Tampa Bay Buccaneers quarterback Chris Simms has slashed another $600,000 from the price of his 300-year-old Greenwich, CT, estate—marking the second time he has lowered his ask since listing the property just over four months ago. The 45-year-old—who retired from the NFL in 2010 following a
Read More Roman Jones signs 20-year lease for ambitious Miami River resto plans

Roman Jones’ next restaurant concept along the Miami River is underway after plans were announced three years ago. The founder of House Kiki, the hospitality group behind Kiki on the River and Habibi, closed on a 20,000-square-foot lease at 28 and 90 Northwest North River Drive for S&L, a steak-and-
Read MoreWhen will home sales finally return to normal?

The real estate industry is still reeling from four years of desperately slow home sales. The transaction is the unit upon which everyone gets paid. Whether sale commission, mortgage origination, insurance, movers, appliances or furniture — everything happens when the house is bought. Four years aft
Read MoreProject NexusRE adds governance layer for MLS data and AI use

NorthstarMLS and REcore Solutions, along with the WAV Group’s Fluente AI team have unveiled Project NexusRE, a patent-pending infrastructure layer intended to give multiple listing services (MLS) and brokers more visibility and control over how listing data is accessed, used and monetized by artific
Read MoreWhy a Hugely Popular Housing Bill Is Still Stuck in Congress

In an era defined by deep political polarization, a major housing package cleared the House of Representatives with an overwhelming bipartisan majority of 396 votes. Yet despite its popularity, it remains stalled in Congress. The 21st Century Road to Housing Act is the biggest housing bill package i
Read MoreTrump’s White House Ballroom May Cost Taxpayers $300 Million After All, Leaked Projections Show

A leaked report claims that the construction of the White House ballroom championed by President Donald Trump is expected to cost $600 million—$200 million over earlier estimates—with taxpayers footing more than half the bill. Trump initially estimated the cost of the ballroom project at $200 millio
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Country singer Jelly Roll has filed for divorce from his wife, Bunnie XO, after 10 years of marriage—and less than three years after the duo moved into a new marital mansion in Tennessee, and just weeks before movers were seen outside the palatial property. The "Wild Ones" hitmaker, 41, whose real n
Read More Rents in This Luxurious NYC Apartment Complex Start Shockingly Low at $782

A one-bedroom apartment in an ultraluxury building, positioned on Manhattan's Upper West Side and bursting with top-notch amenities, normally starts at $3,465 a month but can now be snapped up by a select few for a ridiculously low $782. To score one of 55 spectacular rental deals in this building,
Read MoreMotek to make Broward debut at W Fort Lauderdale

Happy Corner Hospitality, the group behind the Mediterranean-Israeli eatery Motek, will make its Broward County debut later this year, The Real Deal has learned. Motek signed a lease for 12,000 square feet at the oceanfront W Fort Lauderdale at 401 North Fort Lauderdale Beach Boulevard. The restaura
Read MoreCelebrated American Chef Charlie Palmer to be Honored

Celebrated American Chef Charlie Palmer to be Honored as Chef de Cuisine at the 27th Annual Naples Winter Wine Festival on January 29-31, 2027 The Naples Children Foundation (NCF), founders of the Naples Winter Wine Festival (NWWF), today announced that celebrated American Chef Charlie Palmer, the n
Read MoreRivani sells Wynwood Jungle for $26M to fund next Miami Beach buy

Robert Rivani sold the Wynwood Jungle for $26 million, with plans to use the profits to fund the pending acquisition of a Miami Beach office property. The nearly 39,000-square-foot retail plaza at 51 Northwest 23th Street sold for nearly double its previous sale price five years ago, Patrick Khoury,
Read MoreParkinson’s Association of SW Florida Launches New Rhythm & Motion Class

Parkinson’s Association of Southwest Florida Launches New Rhythm & Motion Class for People Living with Parkinson’s The Parkinson’s Association of Southwest Florida (PASWFL) is pleased to announce the launch of Rhythm & Motion for Parkinson’s (PD), an exciting new movement class designed specifically
Read MoreSingle-Family Home Construction Falls Again in May in the Face of Soaring Borrowing Costs

Construction activity on new single-family homes retreated in May alongside permits and completions in the face of economic uncertainty, high borrowing costs, and material rates, the U.S. Census Bureau reported on Tuesday. Single-family housing starts last month were a seasonally adjusted annual rat
Read MoreFlorida Keys military housing lawsuit against Balfour Beatty goes to federal court

A lawsuit accusing contractor giant Balfour Beatty and its subsidiaries of subjecting military families to unsafe housing conditions at the Naval Air Station Key West is advancing to federal court. The latest complaint, a mass action lawsuit filed in the Southern District of Florida last month, alle
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For decades, downsizing was both a practical and financial rite of passage for retirees and empty nesters. Sell the big family home, buy something smaller, pocket the difference, and simplify the next chapter. But in today’s housing market, that math is working against retirees and threatening the f
Read More Kevin Warsh Era of Fed ‘Regime Change’ Begins, but Rates Expected To Remain Steady

Federal Reserve policymakers began their two-day meeting to set interest rate policy on Tuesday, marking the first vote overseen by Kevin Warsh. Warsh, who called for "regime change" at the central bank, has already issued his first major shift by reverting his title to "Fed Chairman," rather than t
Read MoreWhy Las Vegas Renters Don’t Want To Leave—but Are Reluctant To Buy

To the outside world, Las Vegas might be just a weekend getaway, but to locals, it's home—and right now, those residents are proving to be the nation's most loyal renters. The latest Realtor.com® rent report reveals that during the first three months of 2026, Vegas residents accounted for 70% of onl
Read MoreThe financing gap that keeps starter homes out of reach

I launched a condo conversion community recently. Units priced between $90,000 and $140,000. Sold six in the first week. Five of the six were seller-financed. Not because the buyers preferred it. Because conventional lenders couldn’t touch them. FHA couldn’t touch them. These were people with real i
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