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.
South Florida’s top deals: Allan Adelson buys West Palm Beach site for $9M

🏆 Residential: The priciest home sale recorded in South Florida was in Palm Beach. An LLC tied to Justin Daniels parted with a home at 314 Chilean Avenue for $11.9 million. The buyer was a trust linked to Brian J. Flynn. The 4,200-square-foot property, built in 2000, has four bedrooms and five and
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The U.S. housing supply gap widened to 4.03 million units as new construction faltered last year, fueling a vicious cycle of displacement that has essentially erased an entire generation from the market. Nearly 2 million young would-be buyers found themselves trapped in a state of suspended adulthoo
Read More New Senate Bill Aims To Lower Home Prices by Cutting Tariffs on Building Materials

A group of Senate Democrats introduced a bill to exempt home construction materials from tariffs, a move the National Association of Home Builders has pushed for. S. 3943 would automatically exempt a list of building materials from current and future tariffs. It would also require the Department of
Read MoreFlood Insurance Coverage Is Still in a ‘Death Spiral’ as Senators Try To Block Premium Hikes

The National Flood Insurance Program continues to make headlines, as those scrutinizing it continue to characterize the NFIP as being in an "actuarial death spiral." The NFIP has chugged along the path of uncertainty for many years, experiencing 35 short-term congressional reauthorizations since 201
Read MoreFirst flights take off from Dubai after Iran strikes, but service is 'limited'

Emirates airline said it will resume a limited number of flights as early as Monday evening local time.
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A $50 million Turks and Caicos property that has been featured in an array of wildly popular reality TV shows, including Bravo's "Real Housewives Ultimate Girls Trip" and Netflix's "Too Hot to Handle" is set to hit the auction block next month—with no reserve. That means the property, which is curre
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"Buying Beverly Hills" alum Mauricio Umansky's family is suing the ex-girlfriend of his father, Eduardo Umansky, alleging financial elder abuse. According to court records seen by TMZ, the suit was filed by real estate mogul Umansky's sister, Sharon Umansky Bento, who acts as Eduardo's conservator,
Read More Mark Zuckerberg’s $170M Indian Creek Island purchase sets Miami-Dade record

Mark Zuckerberg and his wife, Priscilla Chan, closed on their purchase of an Indian Creek mansion for a record $170 million. The deal marks the culmination of weekslong buzz among the real estate community over the billionaire couple’s impending purchase on the exclusive waterfront island. Zuckerb
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Late socialite Ivana Trump's palatial New York City townhouse has finally found a buyer—more than three years after it was put on the market for $26.5 million. President Donald Trump's former spouse resided in the home for more than 10 years, and it was in the Upper East Side property where Ivana di
Read More The Four Seasons Launches New Push To Sell Remaining Condos That Have Sat Vacant in This Gulf State

Four Seasons Hotel and Private Residences New Orleans is trying a new marketing push for the first time in a bid to sell the last remaining condominiums that have sat vacant since the building welcomed its first residents four years ago. The empty condos make up nearly 30% of the units—none of which
Read MoreRelated Ross snags $173M loan to buy West Palm hotel

Billionaire developer Steve Ross added another trophy building to his expansive West Palm Beach portfolio with $172.5 million in financing. Tokyo-based Nomura provided the loan to West Palm Beach-based Related Ross for the acquisition of The Ben Hotel, a 208-room property at 251 North Narcissus Ave
Read MoreEx-CEO of Broward roofing company pleads guilty to bid-rigging scheme

A former executive at a roofing company pleaded guilty for his role in a $3.5 million bid-rigging scheme for jobs at commercial properties across Florida. Gregg Wallick, former CEO of Fort Lauderdale-based Best Roofing, pleaded guilty to one felony count of restraining trade by conspiring to rig bi
Read MoreTravel stocks fall after thousands of flights grounded following Iran strikes

Airlines and some hotel stocks fell after the U.S.-Israeli attacks on Iran and subsequent retaliation strikes.
Read MoreFor Homebuyers, the Neighborhood Grocery Bill Is Another New Closing Cost Consideration

The cost of buying a home has never stopped at the listing price. From mortgage fees to closing costs to insurance and maintenance, homebuyers have a laundry list of additional dollar amounts to consider and manage before, during, and after they close on a home. In 2026, savvy buyers will add the c
Read MoreMark Zuckerberg Buys Newly Built $170 Million ‘Billionaire Bunker’ Mansion in Record-Breaking Deal

Facebook founder Mark Zuckerberg has reportedly found himself a new base in the Sunshine State in the form of an extravagant $170 million megamansion on Miami's famed "Billionaire Bunker" island—just three doors down from a staggering compound owned by fellow tech tycoon Jeff Bezos. According to the
Read MoreThe Popular Housing Structure That Stalls in Rhode Island’s Selling Market

Skyrocketing housing prices in Rhode Island are pushing homeownership out of reach for many prospective buyers. "The post-pandemic buying frenzy of 2021 and 2022 severely boosted home prices in Rhode Island as it did in much of the country," says Joel Berner, senior economist at Realtor.com®. "Inven
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Conservative commentator Elisabeth Hasselbeck has revealed a tongue-in-cheek glimpse into her preparation for her latest round of appearances on "The View," before traveling from her home in Nashville, TN, to New York City, where she is filling in for Alyssa Farah Griffin on the talk show. Hasselbec
Read More Celebrate Spring’s Arrival at Bha! Bha! Persian Bistro

Duck confit fesenjoon. Photo by Nick Shirghio For millions of Iranians and other Central and West Asians worldwide, the 13-day new year celebration of Nowruz commences on March 20, marking the vernal equinox. Nowruz means “new day,” signifying the rebirth of nature and the renewal of ties to family
Read MoreMix Up an Elegant, Warming Irish Coffee

Irish coffee. Photo by Taylor Amos Irish pubs have long held a special place in American culture, dating back to the nineteenth century when Irish immigrants arrived seeking new opportunities and brought with them a rich tradition of community, music, and camaraderie. These establishments quickly be
Read MoreJapanese Tradition Meets Luxury at Omasava

Omasava’s chefs curate a multicourse meal, shaped by seasonality and featuring locally sourced ingredients alongside Tokyo-sourced fish that arrives at dawn. Photo by Brian Tietz Nestled along Fifth Avenue South, the new omakase restaurant Omasava feels less like a dining room and more like a sanctu
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