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.
El-Ad assembles second Coconut Grove dev site with $62M office building buy

El-Ad National Properties is assembling development sites in Miami’s Coconut Grove, paying $62.3 million for an office building next-door to a condo building it bought in recent months, The Real Deal has learned. An entity tied to Boca Raton-based El-Ad National bought The Grove at 3250 Mary office
Read More2027 Naples Winter Wine Festival to Showcase Celebrity Chefs World-Renowned Vintners

2027 Naples Winter Wine Festival to Showcase Stellar Ensemble of Award-Winning Celebrity Chefs and World-Renowned Vintners on January 29-31, 2027 This year’s Festival features an extraordinary line-up of acclaimed celebrity chefs and winemakers from across the United States and around the world, inc
Read MoreEighth Circuit upholds NAR commission lawsuit settlement

Parties have two weeks from Aug. 19 to seek rehearing after the November 2024 final approval was affirmed
Read MoreKen Griffin-linked broker Mario Borda buys out Wynwood condos

Five business entities managed by broker Mario Borda — who has worked on behalf of billionaire Citadel CEO Ken Griffin — bought out condo building in Miami’s Wynwood district. Borda was behind a 35-unit buy at Wynwood Lofts, at 250 Northwest 23rd Street in Miami’s art district, the South Florida Bus
Read MoreThe metrics that matter most aren’t on your real estate production report

Referral rate, repeat clients and local reputation are leading indicators of resilience in slow quarters
Read MoreBank of America, PNC share top ranking in Keynova’s 2026 home equity scorecard

One-third of lenders now offer accelerated home equity closing and funding, up from last year
Read MoreByron Donalds to Face David Jolly in Florida Governor’s Race: What They Say on Property Taxes

Florida voters will choose between two prospective governors with differing views of the state's housing market and approach to property taxes. GOP Rep. Byron Donalds and David Jolly, a Republican turned Democrat, both overwhelmingly beat out the field to win their respective parties' gubernatorial
Read MoreSTARability Foundation Hosts Movement Webinar

STARability Foundation is inviting invites families, caregivers, and community members to its upcoming “Support. Learn. Connect.” webinar exploring how to motivate movement in “Motivating People to Choose to Move” on August 26. About the Webinar Part of STARability’s monthly webinar series offered t
Read MoreHyatt Regency Coconut Point Resort & Spa Celebrates 25 Years with Deals

Hyatt Regency Coconut Point Resort & Spa in Bonita Springs is celebrating its twenty-fifth anniversary with an exclusive promotion this September! In honor of the milestone, guests who book will receive 25 percent-off stays at the resort through September 30, 2026. It can be reserved by visiting hya
Read MoreJorge Ramos wins $50M bankruptcy auction bid for Blue Lagoon property

Developer Jorge Ramos won a bankruptcy auction for a vacant development site in the Blue Lagoon area near Miami International Airport with a $50 million bid. The 7-acre assemblage at 4865, 4875 and 4885 Northwest 7th Street became available after its owners, entities connected to developer Caroline
Read MoreBilt Partners With Equinox To Expand Neighborhood Concierge Perks

Bilt is expanding its residential rewards platform through a new partnership with Equinox, allowing members to book fitness amenities, redeem rewards for club credits, and access targeted perks directly through its Neighborhood Concierge service. Under the partnership, joint Bilt and Equinox members
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"Practical Magic 2" star Sandra Bullock has been busy traveling around the globe promoting her upcoming movie—but she still found time to enjoy some well-deserved relaxation at her Wyoming retreat with her two kids and some A-list friends. Bullock, 62, offered her fans a rare glimpse inside her life
Read More Mortgage Applications Decline as Higher Interest Rates Strain Affordability

Mortgage applications declined this past week, according to new data from the Mortgage Bankers Association, as inflationary fears and continued anxiety over a prolonged Iran war have kept mortgage rates elevated. For the week ending Aug. 14, MBA's Market Composite Index—a measure of total mortgage l
Read MoreHow Florida’s proposed property tax amendment could affect real estate

Should voters approve it come November, the proposed property tax amendment in Florida could permanently reshape the state’s real estate market, affecting property values and investment. It could have the opposite effect of its intent, which was to put more money back into homeowners’ pockets, and
Read MoreSpend September Days at Audubon’s Corkscrew Swamp Sanctuary

Audubon’s Corkscrew Swamp Sanctuary invites visitors to step into one of the region’s most extraordinary wild places this fall. With fall migration underway, the sanctuary offers an opportunity to view migrating songbirds and other wildlife along the 2.25-mile boardwalk, beneath 500-year-old bald cy
Read MoreJavier Cervera’s firm buys $17M shopping center in small-business haven

Javier Cervera’s Cervera R.E. Ventures added another South Florida retail property to its portfolio with the $17 million acquisition of Twin Towers Shopping Center in Hialeah. Coral Gables-based C-REV secured an acquisition loan from U.S. Century Bank at 50 percent loan-to-value for the 36,575-squar
Read MoreSouth Florida’s top deals: Palm Beach home tied to architect John Volk sells for $28M

🏆 Residential: The priciest home sale was in Palm Beach, where a company managed by Thomas J. Morrison sold the home at 206 Phipps Plaza for $27.5 million. The buyer was a trust. The home once belonged to Palm Beach architect John Volk and dates to the 1920s. It spans 6,900 square feet and has seve
Read MoreStarter Homes Vanish as Luxury Thrives: The Reality of the K-Shaped Housing Market Happening Now

Treasury Secretary Scott Bessent recently declared the K-shaped economy “over.” But new data shows the divide remains deeply entrenched in housing—showing up before a sale ever happens, in who is still shopping. Despite fewer entry-level homes available than in 2019, views per property have fallen b
Read MoreReconsideration of value is an opportunity to strengthen appraisal quality

How lenders can use ROVs to improve outcomes, transparency and trust
Read MoreNothing we make is real. Everything we make is real.

As ChatGPT-era automation scales, leaders are pushed to redesign value beyond faster workflows
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