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.
CMLS warns pre marketing could fragment the housing market

The Council of MLS (CMLS), the trade organization for multiple listing services, is pushing back against the rhetoric currently circulating the housing industry that “sellers benefit when their listings are not broadly exposed, that listing brokerages have a fiduciary duty to withhold facts from oth
Read MoreCentury 21 CEO: Adding Latino agents is key to serving ‘70% of net new homebuyers’

The U.S. Census Bureau projects that 70% of net new homebuyers between now and 2050 will be Latino — a statistic that Century 21 CEO Mike Miedler said should guide recruiting efforts across the industry. “If we’re going to serve those communities, we also have to get more Hispanic real estate profes
Read MoreNYC Landlords Report 6.2% Income Jump—but Here’s Why They Say They’re Still Sinking

For the third consecutive year, the financial health of rent-stabilized housing in New York City appears to be on the up—at least on paper. Net Operating Income (NOI)—a measure of profitability—for buildings containing stabilized units climbed 6.2% citywide in 2024, according to the 2026 Income and
Read MoreMortgage Interest Rates Today: Rates Surge to 6.38% as Oil Shock Roils Financial Markets

Mortgage rates jumped Thursday to their highest level in more than six months, as the U.S.-Israeli war with Iran continues to drive elevated oil prices and raises new risks of inflation. The average rate on 30-year fixed home loans climbed to 6.38% for the week ending March 26, up 16 basis points fr
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A pair of buyers at a Sunny Isles Beach condo project are suing developer Trump Group over alleged construction defects and delays that one of them claims were a “complete disaster.” In separate lawsuits filed in Miami-Dade Circuit Court, the buyers allege they have not been able to enjoy their pur
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To see our latest updates on the Nancy Guthrie case, please click here. Savannah Guthrie has shared new details about the “chaos” that erupted at mom Nancy Guthrie’s home after the 84-year-old was reported missing from the property nearly two months ago. Sitting down with her former “Today” show co
Read More South Florida’s top deals: Waterfront lot in Palm Beach sells for $27M

🏆 Commercial: An industrial property known as the Tamiami Trade Park at 13815 Southwest 139th Court in Miami sold for $10.5 million, marking the highest commercial deal to come online in the region. An LLC managed by Cofe Properties was the seller, and the buyer was an entity tied to Rodolfo Gonzal
Read MoreWine Women & Shoes 2026 Raises $568,000 to Support Naples Cancer Advisors

Wine Women & Shoes 2026 Raises $568,000 to Support Naples Cancer Advisors; Sold-Out Event Blends Glamour, Generosity and Community Impact More than 300 supporters of Naples Cancer Advisors gathered at the Naples Sailing & Yacht Club for the third annual Wine Women & Shoes, a sold-out afternoon highl
Read MoreHow America’s Priciest Metros Became ‘Affordability Traps’ for Long-Term Renters

While pandemic-era low mortgage rates have paralyzed the housing market, a parallel renter "lock-in" effect is gripping the nation's most expensive metros, as tenants in New York City and Los Angeles find it financially impossible to walk away from below-market leases. Long-term renters—defined as h
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Social media sensation Samantha Bauchmann has turned innovative dinner party ideas into a fully fledged online career—so it stands to rights that the mother of four is always ready to host a meal inside her Tennessee home, whether it be a casual school night supper with her family, or an over-the-to
Read More Insurance is having a growing impact on condo affordability

On Wednesday, Fannie Mae and Freddie Mac adopted extensive changes to their requirements for approvals of condominium projects that are eligible for their loan purchase. The changes created more flexibility and affordability with respect to replacement cost and deductible requirements for condo ins
Read MorePaychecks Are Outpacing Home Prices in These Counties, Offering a ‘Welcome Shift’ for Families

Home prices have been rising faster than paychecks nationwide—but that trend hasn’t played out evenly across the country. Since the first quarter of 2024, the national median home price has risen 8% from $333,438 to $360,000, according to the latest data from ATTOM, a provider of property data and r
Read MoreU.S. Ranks Among the Top Countries Where Residents Have the Greatest Earning Potential

Access to top-notch education and citizenship rights make the United States one of the best nations for lifelong economic opportunity, but when it comes to earning potential, America is at the top. That's according to the annual Opportunity Index from London-based finance firm Henley & Partners. The
Read MoreInside India newsletter: Ikea has high hopes for the country as it stares at a global slowdown

Amid slowing global sales and store closures in China, Ikea has high hopes for India.
Read MoreZohran Mamdani Backed Off a Broad Property Tax Hike—Now, He Wants To Tax Pricey Home Sales

At a chilly February press conference, New York City Mayor Zohran Mamdani unveiled what he called his "option of last resort": a broad 9.5% property tax increase to help close the city's budget gap if Gov. Kathy Hochul refused to raise taxes on New York's wealthiest residents. It was a striking piec
Read MoreFed Posts $18.7 Billion Loss as Inflation, Pandemic Costs Linger

The Federal Reserve lost $18.7 billion last year, as it continues to recover from pandemic stimulus programs and inflation. That's according to audited financial statements the Fed released Wednesday and marks the third year of losses for the institution. The Fed lost $77.6 billion in 2024 and $114.
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The Chicago Cubs' new recruit Alex Bregman has admitted that he has no plans to quit his home in Arizona—even after signing a $175 million contract with the Illinois-based team that will see him based out of the Windy City for the next five years. Bregman, 31, sparked huge speculation about his futu
Read More Regional markets back demand resilience as rate pressure builds

Regional market data is reinforcing the same story playing out nationally: Housing demand is holding up across major metros, even as mortgage rates move closer to levels that have historically pressured activity. That national backdrop remains surprisingly firm. Weekly pending sales rose to 71,230,
Read MoreDrew Barrymore Lists 280-Year-Old Westchester Estate for $5 Million—Just 2 Years After Buying It

Actress-turned-talk show host Drew Barrymore is parting ways with her historical Westchester retreat after putting the sprawling abode on the market for $4.99 million—just two years after she bought it. Barrymore, 51, snapped up the six-bedroom, nine-bathroom property for $4.4 million in 2024, accor
Read MoreEx-Miami Dolphin who survived 16 hours at sea trades up in Ocean Ridge

Retired NFL player Rob Konrad, who survived at sea for 16 hours straight, upgraded to a new waterfront home on the same street in Ocean Ridge. Konrad, a former Miami Dolphins player turned financial adviser, sold the 3,900-square-foot, four-bedroom house at 19 Harbour Drive and bought the 4,400-squ
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