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.
The Rise of the ‘Halfbacks’: Retirees Who Moved to Florida Are Now Fleeing It

The classic retirement pipeline has been established for years: Grow up in the Northeast, make your money in a place like New York, and then retire to Florida for the low cost of living and easy beach access. But a new migration pattern is emerging. A confluence of factors have soured things a bit f
Read MoreMortgage Calculator: Here’s How Much You Need To Buy a $430K Home at a 6.52% Rate

Mortgage rates rose slightly this week, with the average rate on 30-year fixed home loans increasing to 6.52% for the week ending June 11, according to Freddie Mac. This 4-basis-point uptick from last week’s 6.48% shows continued minor fluctuations in borrowing costs. Compounding the rate hike for b
Read MoreTodd Boehley’s Eldridge in talks to lease at OKO, Cain’s 830 Brickell

Another investment behemoth is headed to the 830 Brickell office tower in Miami. Todd Boehley’s Eldridge Industries is in negotiations to lease about 8,000 square feet at the building, potentially moving from its Miami office nearby, Bloomberg reported, citing an anonymous source familiar with the m
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Revered British artist David Hockney has died at the age of 88, passing away "peacefully" at his longtime London home, where he continued to paint until his death. Hockney, who was born into what he described as a "radical working-class family" in the Yorkshire town of Bradford, has been hailed as o
Read More South Florida’s top deals: Rubells sell more property to Neology for $10M

🏆 Residential: Bal Harbour had the priciest home deal to hit records, with the sale of a vacant residential lot at 174 Camden Drive for just under $17 million. The parcel spans about 13,600 square feet and was last sold in 2023 for $6.8 million. In the most recent transaction, the seller was 174 Ca
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Subsidies alone won't solve the nation's housing shortage, a top housing official says. Instead, America has to build its way out of its housing crisis. Frank Cassidy, who resigned last week as Federal Housing Administration commissioner, one of the top officials in the U.S. Department of Housing an
Read More The ‘Wall Street of the South’ Effect: Packed Offices Are Fueling Miami’s Million-Dollar Home Deals

South Florida is a boomtown, and this time it isn't gold, cheap land, or even a pandemic luring homebuyers—it's the plethora of corporations moving in. The national office vacancy rate hovers around 17.6%, which means there's abundant office space sitting empty. But the West Palm Beach-Boca Raton ma
Read MoreVeteran housing policy needs a preservation strategy

America has made a promise to its veterans. Their service will be honored not just in words, but in how they live long after they return home. Yet much of the national conversation around veteran housing remains focused on homelessness and affordability, while less attention is paid to whether aging
Read MoreContinuity is becoming the new competitive advantage in homebuilder sales

For decades, the homebuying journey followed a relatively predictable path. Buyers would visit communities, meet with sales representatives to gather information and gradually move toward a purchase decision. Today, that process looks dramatically different. Modern homebuyers move fluidly between we
Read More“Biased and misleading”: Florida officials sued over property tax ballot language

A lawsuit challenging the proposed property tax exemption ballot language in Florida was filed against Florida Secretary of State Cord Byrd and Attorney General James Uthmeier. The complaint, filed by the nonprofit Save Our Voters from Misleading Ballot Language and former South Florida mayors Thoma
Read MoreLooking To Score Free World Cup Tickets? Renting a Home Could Help You Snag Them

The staggering cost of tickets for the 2026 FIFA World Cup has caused widespread upset among soccer fans—but now, some relief is in sight after short-term rental company Airbnb vowed to give away more than 1,300 free tickets to customers who lease one of its properties during the tournament. Airbnb
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Michael Stern’s JDS Development Group is nearing a deal to bring on Jeff Soffer’s Fontainebleau Development as a partner and secure an over $1 billion loan for the Mercedes-Benz Miami condo project, The Real Deal has learned. The deal, which has not yet closed, will replenish the project’s capital s
Read More Soffer to the rescue? JDS working on securing partner, $1B loan for Mercedes-Benz Miami project

Michael Stern’s JDS Development Group is nearing a deal to bring on Jeff Soffer’s Fontainebleau Development as a partner and secure an over $1 billion loan for the Mercedes-Benz Miami condo project, The Real Deal has learned. The deal, which has not yet closed, will replenish the project’s capital s
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Heather Rae El Moussa has seemingly taken aim at the "cruel, heartless people" who broke into the Newport Beach, CA, home she shares with husband Tarek El Moussa and their son, after it was revealed that the property was "ransacked" by thieves while the couple was on vacation. Just before news of th
Read More RCI Marine, Suntex’s $80M marina redev plans head to Miami voters

The redevelopment fate of the marinas on Virginia Key will be in the hands of voters in November after a lively, more than 30-minute discussion among Miami commissioners over a referendum. Miami commissioners unanimously approved two measures tied to an $80 million proposal by Virginia Key LLC, a jo
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Kylie Kelce has revealed her horror at learning she may have a significant mouse problem at the sprawling Pennsylvania estate where she lives with her husband, former NFL star Jason Kelce, and their children—after a mishap with the family's dishwasher led to a rather disgusting discovery. The mother
Read More Stylecraft Builders’ micro approach to margin, pace and growth

Stylecraft Builders, a second-generation-led Texas homebuilder more than four decades in the making, is not letting homebuilding’s underwhelming 2026 Spring Selling Season go to waste. Nor, in spite of hesitant homebuyer demand plaguing many of Texas’ submarkets, has Stylecraft’s momentum slowed. Th
Read MoreBuffini & Company adds three senior executives to scale coaching

Buffini & Company has added three senior executives — Steve Pacinelli as chief revenue officer, JB Bolton as chief operating officer and Ethan Beute as chief ambassador — as the coaching firm looks to scale its relationship-driven business model in an AI-focused market, the company announced earlier
Read MoreAs Cities Turn to AI To Lower Housing Costs, Data Center Backlash Grows

As the housing rebellion against data center development gains steam nationwide, the AI technology they power may hold the solution to another problem plaguing the market: red tape. Regulatory costs add $131,734 for a typical home—a significant portion of the $499,500 sticker price for an average ho
Read MoreRubell family sells another Allapattah property to Neology for $24M

The Rubell real estate and art family sold another property in Allapattah to Neology Group in two deals totaling $24 million, the South Florida Business Journal reported. Neology paid $370 per square foot for the 46,870-square-foot warehouse sitting on 1.49 acres at 1090 Northwest 23rd Street. The p
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