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.
Jamie Dimon Says High Taxes and Quality of Life in Blue States Are Driving People Out

JPMorgan Chase CEO Jamie Dimon spoke candidly on affordable housing, high taxes, and the war in Iran, during a "FOX & Friends" interview Tuesday morning. He said too many government regulations, like those in New York, have severely hindered the ability to build. According to Dimon, getting projects
Read MoreThe 94% problem: What real estate agents aren’t being told about MLS success rates

A widely circulated statistic is shaping how agents talk to sellers — but the math behind it tells a very different story. Across the industry right now, many agents are being given a simple, powerful talking point: “94% of our sold homes were sold on the MLS.” On the surface, it sounds like a stron
Read MoreLeaving Home for a Week? What To Check Before You Go To Avoid Costly Water Damage

Now that warm-weather travel is picking up, you might be leaving your home unattended for days or weeks at a time. Unfortunately, this could lead to leaking and water damage that can quickly become extensive and costly to repair. “Most homeowners think a small leak is a small problem. However, eve
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Former reality TV star Lauren Conrad has opened up about her decision to walk away from the bright lights of fame—and the dizzying world of Los Angeles' entertainment scene—in order to live a quiet family life with her husband and children in her hometown of Laguna Beach. Conrad, 40, shot to fame wh
Read More “Shark Tank” investor Daymond John inks lease at Rivani’s South Beach building

Daymond John, a self-made millionaire businessman and TV personality, took 3,000 square feet at Robert Rivani’s office building in South Beach, The Real Deal has learned. John, who is a “Shark Tank” investor and co-host, leased the space at The Rivani building at 1691 Michigan Avenue in Miami Beach
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Musician Kid Rock has sparked an official Army investigation after sharing video footage that appears to show an Apache helicopter flying low outside of his Tennessee home—seemingly hovering in the air while the rocker saluted and waved to the pilot. In the first of two videos, which were posted to
Read More Maxx adds to South Florida holdings with $70M Plantation multifamily buy

Bell Partners sold a 250-unit multifamily complex in Plantation for $70 million, marking a 4.1 percent gain from its purchase price six years ago. Greensboro, North Carolina-based Bell Partners sold The Ellery, at 6901 West Sunrise Boulevard, to New York-based Maxx Properties for $280,000 per apart
Read MoreHome Value Growth Slows Dramatically in January

National growth in home values slowed dramatically in January, marking the weakest start to the year for prices in more than a decade. Nationally, the value of single-family homes as measured by repeat transactions rose 0.9% in January compared to a year earlier, according to data from the S&P Cotal
Read MoreJudge sides with Hollywood in Live Local case, creating “massive loophole”

A Broward County judge sided with the city of Hollywood in a lawsuit over a Live Local Act development. The ruling, issued last week by Broward County Circuit Court Judge David A. Haimes, “creates a massive loophole that completely undermines the Live Local Act and the state’s goal to provide affor
Read MoreSouth Florida’s top deals: Plantation apartment complex trades for $70M

🏆 Commercial: Plantation logged the top commercial deal in South Florida, with the sale of an apartment complex called The Ellery at 6901 West Sunrise Boulevard for $70 million. The seller was Greensboro, North Carolina-based Bell Partners. The buyer was Maxx Properties, which is based in Purchase,
Read MoreDelta Air Lines taps Amazon Leo for in-flight Wi-Fi as streaming wars heat up

Delta says the Amazon Leo in-flight Wi-Fi will be available starting in 2028 on 500 initial aircraft.
Read MoreThe Billion-Dollar Real Estate Time Bomb: Heir Disputes Threaten America’s Great Wealth Transfer

In the coming decades, an estimated $124 trillion in wealth is set to change hands globally—but tens of billions of dollars in U.S. real estate may never reach its intended heirs. The culprit isn't market volatility or bad investments. It's the absence of a will, which experts warn is a far larger p
Read MoreThe AI-native mortgage: Supporting intelligent, compliant adoption

Across the U.S., mortgage origination and servicing involve disconnected systems that often rely on manual tasks. It’s an inefficient, costly dynamic that elicits frustration from borrowers and industry participants alike. Now, the application of AI alongside new data and technology is driving a par
Read MoreThe ‘end-to-end’ title tech system has given way to something better

Not long ago, many technology vendors were selling title professionals on a fairly simple idea: one platform, one vendor, every step of the workflow covered. It was an appealing proposition, and a number of providers invested heavily in trying to deliver on it. In fact, some still are. The concept m
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Author and podcaster Pam Sowder has carved out a career for herself by teaching others to amass the same kind of multimillion-dollar fortune that she has accrued over the last 30 years—and now, she's giving her most dedicated followers the chance to use that wealth by purchasing her "dream" Florida
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“Fire Country” star Diane Farr has put her longtime Los Angeles–area home on the market for $2.8 million now that she and her three teenage children have all flown the family nest to spread their wings at work, school, and a new home base in Washington state. The actress recently made her migration
Read More 3 Cities Where the Best Time To Sell Is Right Now

Spring tends to give sellers an edge, as the surge in buyer activity shifts the market in their favor. For sellers in Cincinnati, Seattle, and Grand Rapids, MI, the week of March 29–April 4 is the Best Time to Sell according to Realtor.com® economists. Experts say sellers who list during this period
Read MoreSergio Pino’s mistress sues to block his daughter from getting cut of $72M multifamily sale

The fight over chunks of late Miami developer Sergio Pino’s fortune now involves the profits from the $71.5 million sale of an apartment complex last year. Pino’s longtime mistress Nancy Pastor last week sought to block Jacqueline Pino Wechsler, Pino’s daughter from his first marriage, from getting
Read MoreHere’s How Much L.A. and Silicon Valley High-Earners Could Save by Trading California for Miami

While high-end coastal living always commands a premium, wealthy Californians moving to Miami could effectively give themselves a five-figure raise by swapping the Golden State's peak state income tax rate for Florida's 0% tax environment. Kevin Rutois, a luxury real estate adviser at Rutois Interna
Read MoreElizabeth Warren Demands Data From Major Landlords as Congress Moves To Ban Investor Homebuying

U.S. Sen. Elizabeth Warren challenged major build-for-rent landlords to share information about their businesses, as the threat of an outright ban on institutional investors looms. The Massachusetts Democrat sent letters to 14 major real estate companies asking them to share data on their business p
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