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.
New Fed Chair Warsh loses dove as Waller turns hawkish

Today the Fed hawks killed the doves. On the day Kevin Warsh is sworn in as Fed Chairman, he has lost one of the few doves left on the Fed board: Governor Christopher Waller, whom I would have wanted as Fed chairman. Today, Waller gave a speech about how policy risk has changed and to me this seals
Read MoreBrokers, developers use the World Cup to pitch foreign buyers. Here’s where they’re coming from

The excitement of the World Cup is helping fuel condo sales to foreign buyers, particularly from Latin America, brokers and developers say. It’s coming at a good time for the residential real estate industry, right when the market is slowing. Daniel Ickowicz, who leads the Aventura-based brokerage f
Read MoreWe have met one enemy of housing affordability … it is us

America’s housing affordability debate has become one of those national arguments that sounds complete until you look at the product itself. The prevailing story holds that homes became unaffordable because prices outpaced incomes. That is true, but incomplete. The uncomfortable truth is that Americ
Read MoreReal Estate Broker Challenges ‘Insane’ Law Requiring an Office With Landline Phone

A Pennsylvania broker is suing to end the state's century-old requirement that real estate professionals must have a dedicated office separate from their home. Kevin Gaughen says he spent $35,000 a year on rent, taxes, utilities, and insurance to maintain the 1,000-square-foot converted Lemoyne offi
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Nancy Barbato Sinatra’s former Beverly Hills residence is stepping back into the spotlight—this time as a luxury $27,495-a-month rental that is packed with Old Hollywood pedigree The so-called “Sinatra Residence,” where Frank Sinatra's childhood sweetheart lived for many years, has officially hit th
Read More The Ultimate Playbook To Buying a Home Without 20% Down Using Grants and Assistance Programs

Buying a home can be an intimidating process, with the biggest hurdle for many being coming up with enough funds for a down payment. Many people believe they need to put down at least 20% if they want a home. But that's not necessarily true. Most buyers have down payments ranging from 3.5% to 20% of
Read MoreRelated Group taps Live Local for Hollywood beachfront project, sidestepping county land-use ruling

Related Group advanced a revised plan to build Portofino Hollywood, a beachfront residential development, after adding workforce housing to qualify the development for expedited approval under the state’ Live Local Act. The Hollywood City Commission voted 5-2 Wednesday to amend the city’s developmen
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NASCAR champion Kyle Busch has passed away at the age of 41, just hours after it was revealed he had been hospitalized with an unknown but serious illness in North Carolina. Busch, a two-time Cup Series champion who won more races than anyone across NASCAR’s three national series, had been preparing
Read More Mortgage Calculator: Here’s How Much You Need To Buy a $415K Home at a 6.51% Rate

Mortgage rates saw a dramatic spike Thursday, hitting a nine-month high as resurgent inflation stemming from the Middle East conflict pushed Treasury yields upward. The average rate on 30-year fixed home loans jumped to 6.51% for the week ending May 21, up 15 basis points from 6.36% the week before,
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Less than two weeks after the developer of Amrit Ocean Resort turned over control of the condo association to the unit owners, a rain event exposed what the association alleges are pervasive construction failures across the building. In a lawsuit filed last week in Palm Beach County Circuit Court, t
Read More Working Luxury: 2026 Ford F-150 Platinum Hybrid

The 2026 Ford F-150 Platinum Hybrid. Photo by Howard Walker There are definite pros and cons with the 30.6-gallon fuel tank that comes with Ford’s F-150 4×4 Supercrew PowerBoost hybrid we’re driving this week. A huge pro is range. Brim the tank and with this V6 hybrid’s 23-to-the-gallon combined mpg
Read MoreSouth Florida by the numbers: Condo buyout bonanza

“South Florida by the numbers” is a web feature that catalogues the most notable, quirky and surprising real estate statistics. Exactly one year ago, this column highlighted the trend of developer condo buyouts propelled in part by condo safety legislation. The uptick in developers bulk purchasing c
Read MoreSouth Florida’s top deals: Palm Beach mansion under construction trades for $93M

🏆 Residential: Palm Beach had the priciest home sale to hit records in South Florida, where an under construction home at 757 Island Drive changed hands for $93.3 million. The seller was 757 Island Dr LLC, which purchased the 0.9-acre property on a corner of Everglades Island in 2021 for $39.5 mill
Read MoreSellers Are Still Slashing Home Prices in These 5 Cities

Homebuyers who have been staying out of the market, waiting for prices to dip, may be running out of time to snap up that deal. While the share of active listings carrying a price reduction remained elevated by historical standards at 16.7% in April, they are less common nationally than they were a
Read MoreTrump Gets a New Fed Chair, but May Not Get Lower Mortgage Rates Anytime Soon

President Donald Trump has been impatient to see lower mortgage rates since he began his second term, but his handpicked choice for Federal Reserve chairman may not provide the silver bullet. Trump campaigned on a vow to get mortgage rates down to 3% or lower, but they have remained stubbornly above
Read MoreHomeowners need more than a mortgage — they need the tools to stay

Homeowners are facing a crisis. A crisis in property insurance. A crisis in affordability. And with hurricane season fast approaching, a growing sense of anxiety across the Southeast about what comes next. We have seen this before. Hurricanes Helene and Milton caused more than $100 billion in damage
Read MoreAirlines are struggling but China's 'Big Three' face a tougher year than most

China's carriers face sky-high jet fuel, lack of hedging strategies, and a customer base that can easily pivot to cheaper high-speed rail services.
Read MoreAirlines are struggling but China's 'Big Three' face a tougher year than most

China's carriers face sky-high jet fuel, lack of hedging strategies, and a customer base that can easily pivot to cheaper high-speed rail services.
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A historic church in California is entering a new chapter as a stunning residence, having undergone a graceful transformation that breathed new life into the structure—while paying careful attention to its former lives as a religious building and an iconic recording studio that played host to multip
Read More These States Are Bracing for a Home Insurance Surge During Super El Niño

Super El Niño is well on its way, with the National Oceanic and Atmospheric Administration predicting it will emerge soon, likely between May and July 2026, and continue throughout the winter. It gives homeowners a chance to prepare, but there are certain states that should brace for far more than j
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