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.
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A 15.75-acre luxury California compound designed by the architect behind the Hoover Dam has hit the market for the sky-high price of $14.5 million, and it's just a few minutes' drive from actor Kevin Costner's famed estate. Located in Carpinteria, CA, the property was the brainchild of Gordon Kaufma
Read More Why policy looks different from the business side — And why advocacy is strategy

If you work in mortgage banking long enough, you learn to watch the signals. Rates move.Consumers react.The agencies adjust.And the industry pivots. We watch these indicators because they tell us where the market is going. But there’s one signal the industry often overlooks — and ironically, it migh
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As the spring homebuying season approaches, mortgage lenders and servicers are watching closely for signs of a long‑awaited inflection point. Interest rates have begun to ease, buyer sentiment is improving, and some sidelined demand is cautiously reentering the market. Lower rates will matter. But t
Read More Will Climate Change Erase Generational Housing Wealth?

The COVID-19 pandemic housing boom rewarded one thing above all: timing. Families who managed to buy in the right metros before prices surged were able to convert affordability into equity and equity into wealth. Timing may also shape what happens next. Realtor.com® found that the biggest housing we
Read MoreResidents in Historic Ivy League Town Divided Over Affordable Housing

A battle is brewing over affordable housing in an Ivy League town, where officials are trying to figure out how to meet housing requirements without destroying land whose history dates back hundreds of years. Municipality of Princeton, NJ, council member Mia Sacks tells Realtor.com® that people in t
Read MoreMiami-Dade roundup: Miami Freedom Park seeks taxing district to fund infrastructure

An affordable housing project and a separate villas and condos development are on tap in south Miami-Dade County, while Miami Freedom Park wants to create a taxing district to finance infrastructure improvements for the project. County commissioners on Tuesday approved items setting the stage for t
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The iconic "Bills Mafia House" has found a new owner who paid quite the premium for the privilege of owning a property that is located within touchdown distance of the Buffalo team's newly built Highmark Stadium. According to records, the property—which hit the market in January for $699,900—was sol
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Simone Biles and Jonathan Owens spent just one month living full time in their custom Texas mansion before packing up and heading to their new hometown of Indianapolis, where the NFL star is now set to spent the next season playing for the Colts. The 29-year-old gymnast took to Instagram to document
Read More Moody’s Top Economist Warns Recession Will Be ‘Difficult To Avoid’ if Oil Prices Remain High

Moody's Chief Economist Mark Zandi has upgraded the odds of a recession, saying an economic downturn will be "difficult to avoid" if oil prices remain elevated. "Recession is once again a serious threat," Zandi wrote in a post on X this week, revealing that Moody's forecast model now projects a 49%
Read MoreJanuary new home sales fall 17.6%, weather and rates in focus

After seeing an uptick in sales last year, the nationwide new home market experienced a sharp drop in new home sales activity in January, according to the U.S. Census Bureau’s New Residential Sales report released on Thursday. Economists say that this could be a momentary drop due to extreme weather
Read MoreMinnesota Lawmakers Fight To Turn Monthly Rent Into Vital Path to Homeownership

Owning a home is the most valuable way to grow wealth, but in Minnesota, the journey has become disproportionately difficult for low-income residents and people of color. But new legislation aims to change that. HF2123, a bill sponsored by Rep. Samakab Hussein (DFL-St. Paul), was moved to be amende
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Catherine Zeta-Jones and Michael Douglas have dramatically decreased the asking price of their Hudson River home by $2.25 million—nearly two years after they listed it for $12 million. Douglas, 81, and Zeta-Jones, 56, first put their sprawling New York dwelling on the market in June 2024, less than
Read More Fisher Brothers lands $118M Bain Capital refi for Wynwood apartment building

Fisher Brothers scored a $117.5 million refinancing from Bain Capital for a Wynwood apartment building completed last year. Private debt is a major financier for South Florida real estate, and the deal comes despite broader nationwide stress in the private credit market, as well as a regional multi
Read MoreBillionaires’ Row or bust: How far can West Palm’s condo boom go?

Gilbert Benhamou and Hong Kong businessman O.D. Kobo teamed up to make the priciest condo buyout offer in West Palm Beach in recent history: a whopping $430 million, or about $2.4 million per unit, for two older buildings on the waterfront. The monster-sized bid came on the heels of two buyouts of
Read MoreABC Cancels ‘The Bachelorette’ Over Domestic Assault Allegations Against Taylor Frankie Paul

ABC has canceled Taylor Frankie Paul's upcoming season of "The Bachelorette" after she became embroiled in a domestic violence case with her former partner, Dakota Mortensen. The decision came amid reports that Paul and Mortensen were involved in a domestic violence incident in February—and after TM
Read MoreHow policy uncertainty is reshaping senior retirement plans

Growing uncertainty over Social Security, Medicare and fiscal policy has left many older Americans more concerned about their financial futures — with some delaying retirement and shifting to more conservative investment strategies. Findings from a new survey analysis by the Center for Retirement Re
Read MoreBFS CEO Jackson maps a bigger role in homebuilding workflows

Builders FirstSource‘s decade-long strategic jag has expanded the construction giant beyond its traditional role as a building materials supplier, pitching itself as a full-service partner that can support homebuilders with planning, procurement, delivery, installation and digital project management
Read MoreFannie and Freddie Change Rules To Cut Costs for Condo Owners—but There’s a Catch

Fannie Mae and Freddie Mac are changing some rules related to insurance that could cut costs for condo owners. However, there's a catch. The Federal Housing Finance Agency announced updates to home insurance rules on Wednesday. FHFA Director William Pulte said they'd simplify the scheme for condomin
Read MoreThe ground just shifted: coming soon listings are taking over real estate

At a time when real estate industry leaders seem to be more conflicted than ever, one idea has emerged that everyone from Homes.com to Zillow, to eXp Realty and Compass can agree on: pre-marketing coming soon listings. What does that mean for the MLSs and will it invite more federal scrutiny? The re
Read MoreWhy Japan’s Journey With Generational Wealth Is a Stark Warning to the U.S.

In the popular imagination, the Great Wealth Transfer is the moment the generations who have been priced out of the housing market finally get their keys. But if you want to see the true face of this transfer, don't look at Wall Street projections; look at Japan. Realtor.com® has previously written
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