Southwest Florida Real Estate News and Market Insight

For months, if not years, homebuyers have been waiting for mortgage rates to fall—perhaps not to COVID-era levels, but at least somewhere in that range. But as inflation persists and economic uncertainty continues, the average 30-year fixed home loan rate hit a nine-month high of 6.53% last week, be

Simone Biles may well have taken a step back from elite gymnastics in the wake of the 2024 Olympics—but she proved this week that she still has plenty to offer the sport when she put her skills to the test during a fun-filled game of "stick it" in the backyard of her lakefront Texas home. Biles, 29,

Mortgage rates retreated from their nine-month-high peaks Thursday as the uneasy ceasefire between the U.S. and Iran cooled global energy prices, easing pressure on bond markets and borrowing costs. The average rate on 30-year fixed home loans decreased to 6.48% for the week ending June 4, down 5 ba

After testing the waters on buyer demand and locking in more than $1 billion worth of unit reservations, 13th Floor Investments and Key International launched sales of the Nobu-branded condo tower planned for Brickell. The developers are moving full steam ahead with 619 Brickell by Nobu, designed by

Former Canadian Prime Minister Justin Trudeau is reportedly taking a big step in his romance with singer Katy Perry after sources claimed that he is hoping the chart-topper will move into his new $3.1 million Montreal home for at least "part" of the year. It was first reported in February that Trude

A professional sports handicapper who made a multimillion-dollar fortune by betting big on major games—before turning his talents to consulting, helping others to claim their own money through gambling—is betting big on his Nevada home, having returned the property to the market at a significant dis

Pulte Homes is betting on St. Lucie County in part by counting on buyers from the Greater Miami Area. The Atlanta-based national homebuilder bought a 50-acre site in Fort Pierce for $16.3 million, which is $326,000 per acre, with plans to develop it into Vela Cove, a single-family community with 239

"Fifty Shades of Grey" actress Dakota Johnson's "extraordinary" midcentury modern Los Angeles retreat is already under offer—mere days after the on-screen star put the property on the market for $6 million. Johnson, 36, purchased the "masterclass in modernism" back in January 2016, when she paid $3.

🏆 Residential: The top home sale recorded in South Florida was in Palm Beach, where a nearly 9,000-square-foot mansion at 115 Via La Selva sold for $43.3 million. The sellers were a trust tied to Philip and Catherine Korsant, and the buyer was Thomas Swan, co-CEO and director of The Swan Group, whi

This spring, a growing number of college-aged students turned to trade schools and associate programs as graduate school enrollment stalled—a shift with potentially significant implications for the future of homeownership. A new report from the nonprofit National Student Clearinghouse Research Cente

As a real estate agent and reality TV personality, “Love & Marriage: Huntsville” star Destiny Payton is using her profession and public platform to revitalize the Alabama city she calls home. Payton notes that Huntsville has experienced unprecedented population and economic growth in recent years, w

American homeowners are sitting on $17 trillion in equity. The average mortgaged borrower holds $295,000. By any historical standard, these are people with options. And yet, when a $14,000 roof replacement or HVAC failure hits, a growing share of them won’t tap a single dollar of that equity. Borrow

South Florida's luxury real estate market thrived in 2025, posting the second-highest number of $10 million-plus home sales in the region's history. However, mounting pressures—including underwater mortgages, foreclosures, and persistent unemployment concerns—have placed several Florida housing mark

Virginia is looking to ease restrictions on manufactured housing, part of a bid by Gov. Abigail Spanberger to bring down housing costs. Spanberger signed half a dozen bills Tuesday promising to bring additional housing development in the state. That includes a package that aims to ease development o

American retirees stand to lose an average of $500 a month from their Social Security payments in the next seven years if nothing is done. For the past 16 years, the cost of the Social Security retirement program has exceeded the amount it receives from taxes collected, forcing it to dip into its tr

An affiliate of Adam Neumann’s Flow sold an unfinished three-story retail and office building at Miami Worldcenter for $26.6 million, marking the third site within the mixed-use mega-complex to trade this year. Daniel Cardenas and Michael Sullivan, of retail leasing brokerage and development consult

Berkshire Hathaway‘s planned acquisition of No. 6-ranked homebuilder Taylor Morrison begs big follow-on questions. These mostly spring from who this particular buyer is and the moment they have chosen. One way or another, these follow-up questions may prompt homebuilding leaders to revisit a core im

Los Angeles Clippers player Nicolas Batum is preparing to cut ties with North Carolina for good after placing his Charlotte-area mansion on the market for $6 million—just under six years after he was waived by local team the Hornets. Batum, 37, who is originally from France, purchased the lakefront

Legislation under consideration in Congress would create a bipartisan commission of experts tasked with developing long-term reform options for Social Security and Medicare. Rather than advancing immediate policy changes, the panel would study the financial outlook for the programs and submit recomm

J. Alexander’s will host a Far Niente wine pairing dinner on June 16. Photo courtesy of J. Alexander’s J. Alexander’s will partner with Far Niente for a curated wine dinner on June 16 at 6:30 p.m. Tickets are $125 per person and include a four-course menu paired with acclaimed Napa Valley wines, beg