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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Actress Daryl Hannah has unwillingly found her name thrust into the spotlight again thanks to a new—and, in her own words, "untrue"—portrayal of her romance with John F. Kennedy Jr. in showrunner Ryan Murphy's new FX series, "Love Story: John F. Kennedy Jr. & Carolyn Bessette." The series, which sta
Read More They’re Buying Houses Out in the Country but Still Renting Apartments in the City—Here’s Why

New York is one of the most densely populated cities in the United States. There’s a lot to love about it, but if you ask its residents, they'll likely say it can feel too crowded, too dirty, and too chaotic. So it helps to have a place to escape to, if you can afford it. North of the city, the Hud
Read MoreUS loses 92,000 jobs in February as labor market continues to cool

In a sign of a still-softening labor market, U.S. employers eliminated 92,000 nonfarm payroll jobs in February, according to data released Friday by the U.S. Bureau of Labor Statistics (BLS). Economists say the report is unlikely to change the Federal Reserve’s stance on interest rates. Meanwhile, t
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Tampa Bay Buccaneers star Sterling Shepard has snapped up a sprawling $3.14 million Florida mansion—amid rumors that the NFL team is looking to re-sign the veteran wide receiver, whose contract with the team came to an end this month, leaving him a free agent. Shepard, 33, who formerly played for th
Read More Developer seizes on castoff lots to tackle Miami’s housing crisis

As Miami struggles to shake off its notorious reputation as the nationwide epicenter of the affordability crisis, development has been primarily restricted to two options: single-family homes or towers. But perhaps it’s small- to mid-sized projects designed to fit on castoff, difficult-to-develop l
Read MoreMortgage Calculator: Here’s How Much You Need To Buy a $399,900 Home at a 6% Rate

Mortgage rates saw a slight uptick this week, as the average rate on 30-year fixed home loans rose to 6% for the week ending March 5, according to Freddie Mac. This increase follows the previous week’s 5.98% milestone, which had been the lowest level since September 2022. So what effect does this ha
Read MoreUnited CEO Scott Kirby says higher airfare could be ahead after fuel price spike

United CEO Scott Kirby said demand remains high but that fuel prices will hit first-quarter results.
Read MoreUnemployment Rate Rises to 4.4% as Economy Loses 92,000 Jobs

The U.S. unemployment rate increased to 4.4% in February, up from 4.3% the month before, signaling a softening in the domestic labor market. The weaker-than-expected report from the Bureau of Labor Statistics released Friday showed that nonfarm payrolls decreased by 92,000. This follows significant
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To see our latest updates on the Nancy Guthrie case, please click here. The FBI has returned to Nancy Guthrie's Arizona neighborhood, where agents were seen questioning the missing 84-year-old's fellow Catalina Foothills residents—while also searching a garage at a property near to her dwelling. Sev
Read More Housing Market Tilts in Favor of Buyers as Active Inventory Climbs

Mortgage rate relief is helping the housing market as it continues to shift to a buyer-friendly direction. Active inventory is up and prices are down, according to the Realtor.com® Weekly Housing Trends report for the week ending Feb. 28. But even with rates lower, it appears buyers are still reluct
Read MoreSouth Florida’s top deals: Fort Lauderdale waterfront dev site trades for $43M

🏆 Residential: Key Biscayne had the top residential sale recorded in South Florida. An 8,000-square-foot mansion at 180 Cape Florida Drive changed hands for $21 million. The sellers were Eugene Stearns, a trial attorney, and his wife Diana Stearns, along with Matthew Buttrick and Jennifer Stearns B
Read MoreThey Didn’t Vanish—Nearly 80% of Millennials in These 3 Metros Are Snapping Up Homes

Millennial homebuyers have an affordability challenge when it comes to breaking into the housing market, but not in three Midwestern markets. Nearly 80% of millennials own homes in Dubuque, IA (78%), Monroe, MI (76%), and Wausau, WI (76%), where lower home prices and more attainable entry-level opti
Read More21st Century Road to Housing Act: Massive Reform Package Wins Support Despite Investor Ban Concerns

A bipartisan housing package nearing the finish line in Congress could be one of the biggest reforms in decades, and it has attracted both support and detractors from the housing world. The Senate voted Wednesday to advance the 21st Century Road to Housing Act—a bill that merges the language of a ho
Read MoreThe Smart Way To Handle Shared Inheritance: Buying Out Your Sibling When You Inherit a House

A home that is inherited by more than one child is a great opportunity for the next generation, but it can also be a source of friction if not handled with care. Deciding who should take ownership of the home outright, what a fair market value is for a home with immense emotional value, and what leg
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While John F. Kennedy Jr. and Carolyn Bessette's love story is unfolding once again in very real time— thanks to Ryan Murphy's new FX series about their romance—it has been nearly three decades since the ill-fated lovers tied the knot in real life in an ultraprivate wedding that is now taking center
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"Bargain Block" stars Keith Bynum and Evan Thomas are celebrating 10 years in business—months after their series was unceremoniously yanked off the air, a move that saw Bynum lash out at the network for putting his "entire business and life through the ringer." HGTV sparked controversy in June when
Read More Michael Martinez named top One Sotheby’s agent

Michael Martinez reclaimed the title of One Sotheby’s top individual agent. Martinez clinched the top spot with $176 million in sales volume last year after placing second the previous year, according to a news release. The Coconut Grove-based brokerage announced its top producers for 2025, naming l
Read MoreRitz-Carlton, Houston Opens Up Luxury Residence Sales for the First Time, Starting at $3 Million

An iconic high-end hotel is ready to give the public a chance to own a piece of luxury with its new branded residence in Houston. The Ritz-Carlton Residences is the latest to announce its condominiums are available to purchase, but future owners shouldn't expect to move in just yet. Public sales are
Read MoreBuilders started 2026 with margin pressure, then came Iran war risk

Making less money but making steady headway may be a crude way to boil down what early 2026 was looking like for many homebuilding business leaders. Public homebuilder execs were not discussing a plain-and-simple “recovery trade.” The most consistent post-earnings themes – across demand, pricing, ma
Read MoreHyperion lands equity partner, $108M construction loan for delayed Boynton Beach apartments

Hyperion Group’s long-planned Boynton Beach apartment project got a jumpstart with a $108 million construction loan and an equity partnership with Silverstein properties. The deal comes as South Florida’s multifamily market is feeling the sting from a supply overhang following hefty completions in
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