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.
How ‘Safe Parking Sites’ Are Saving Silicon Valley’s Housing Problem

California's housing crisis is forcing communities to get creative when it comes to helping their residents. Thousands of San Francisco Bay Area residents are living in RVs because a full-time paycheck no longer covers a one-bedroom apartment. Where to safely and legally park these RVs is another ch
Read MoreHollywood Icon Cary Grant’s ‘Desert Disneyland’ Hits the Market in Palm Springs for $12.7 Million

A beautiful Palm Springs estate that became film legend Cary Grant's favorite escape from fame has recently returned to the market for $12.68 million, offering a chance to step back in time into Hollywood’s Golden Age. Known as Villa Paradiso, the sprawling Spanish Revival compound holds a special p
Read MoreThe Escrow Effect: Metros Where Homeowners Are Seeing the Largest Increases

Housing costs are climbing across the nation—even when homeowners' interest rates are the same and they haven't refinanced or borrowed more. That’s because property taxes and homeowners insurance—usually bundled into monthly payments through an escrow account—have risen in many places. In some marke
Read MoreWoman Helplessly Watches Family Home in Minnesota Burn While on FaceTime

A young woman watched helplessly over FaceTime as a raging fire decimated her beloved Minnesota childhood home. Content creator and software engineer Anna Peterson, 26, lives in Manhattan, but video calls her family back in Rosemount, MN, every Saturday morning to catch up. On Jan. 24, as the outsid
Read MoreMortgage Calculator: Here’s How Much You Need To Buy a $399,900 Home at a 5.98% Rate

Mortgage rates continued their downward drift this week, plunging to their lowest level in more than three years in line with the 10-year Treasury yield due to a new wave of uncertainty over President Donald Trump's tariffs. The average rate on 30-year fixed home loans fell to 5.98% for the week end
Read MoreHousing Market Turns ‘Ripe for Buyers’—Here’s Why

The housing market is pointing to one that's "ripe for buyers," according to the latest Realtor.com® Weekly Housing Trends Report. Data shows that the housing market is shifting to a buyer-friendly direction with new and active inventory up and home prices down. Homes continue to spend more time on
Read MoreSouth Florida’s top deals: Former tennis pro sells Miami Beach home for $14M

🏆 Residential: The priciest home sale recorded in South Florida was in Miami Beach, where a newly built home at 1785 Cleveland Road traded for $14.2 million or roughly $2,400 per square foot. The seller was an LLC managed by Slobodan Zivojinovic, a former professional tennis player, and the buyer w
Read MoreBel-Air to Bridgehampton: The Top 10 Most Expensive ZIP Codes in America Revealed

From the coastal bluffs of Newport Coast, CA, to the private shores of Fisher Island, FL, America’s priciest ZIP codes have much in common: sprawling estates defined by privacy, panoramic vistas, and a rarified buyer pool with budgets vast enough to afford the eight-figure price tags. Economists at
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An extraordinary Connecticut estate that spans more than 268 acres has made an eyebrow-raising return to the market—complete with an asking price that is almost $30 million higher than when it was last listed five years ago. Straddling the New York-Connecticut border, the impressive "legacy estate,"
Read More $16.5 Million Gulf Coast Mansion Brings a Slice of Santorini to the Sunshine State

When you compare Florida and Santorini, the list of similarities usually starts and ends with sunshine and beaches. One is revered for its ancient ruins and whitewashed cliffside villas, while the other is most commonly known for Walt Disney World and flip-flops. But at 56 Sea Castle Aly in Inlet Be
Read MoreIs There a Better Solution Than Axing Property Taxes in Ohio? One State Senator Thinks So

Ohio is among a handful of states where voters are campaigning for the end of property taxes. It’s a divisive issue, with a grassroots effort gaining steam as Gov. Mike DeWine continues to warn of the severe financial implications. But as it happens, there’s an alternative being suggested by a stat
Read MoreRocket Pro doubles broker credits with Compass deal, unveils ‘Jupiter’ LOS

Rocket Pro, the wholesale lending arm of Rocket Mortgage, announced a partnership with Compass to offer additional credits to brokers. It also unveiled a new loan origination system during its Ignite26 event on Thursday. Under a new program called Pro Purchase Power, brokers will receive 40 basis po
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Figure skating icon Alysa Liu was given a very warm welcome when she jetted back to California after winning two gold medals at the 2026 Milan Winter Olympics—becoming the first American woman to claim victory in the individual event since 2002. The 20-year-old brought home the gold after pulling of
Read More Rocket grows revenue to $6.7B, expands market share in 2025

Rocket Companies Inc. wrapped up 2025 with higher revenues and growing mortgage activity, the company reported Thursday in its fourth-quarter and full-year 2025 earnings report. For the full year, Rocket reported total revenue of $6.7 billion and a GAAP net loss of $234 million, or $0.05 per diluted
Read MoreCompass Coming Soon listings to appear on Redfin

Compass International Holdings (CIH), the parent company of real estate brokerage Compass, is teaming up with Rocket Companies and Redfin to display its Compass Coming Soon listings for Redfin’s 60 million monthly unique visitors to see. CIH and Rocket announced the partnership Thursday afternoon.
Read MoreWhich Niche Nook Fits Your Vibe?

Michigan Boosts Home Construction—but Whitmer Says Red Tape Still Blocks Affordability

Michigan has increased the pace of home construction but needs deregulation and new tax benefits to curtail the state's housing shortage, Gov. Gretchen Whitmer said. In her final state of the state address, Whitmer said Wednesday night that Michigan has made progress on housing affordability since i
Read MoreHovnanian recalibrates amid a shift to a higher-margin mix

Last quarter, Hovnanian Enterprises posted weak results, reporting a net loss that sent its stock (HOV) price crashing. Three months later, the company appears to have bounced back as it executes a strategic shift, but warning signs persist. Hovnanian Enterprises, the parent company of K. Hovnanian
Read MoreTerra and GFO’s Five Park sells last PH below asking for $19M

The last available penthouse at Terra and GFO Investment’s Five Park in Miami Beach sold for $18.5 million. Terra, led by David Martin, and Russell Galbut’s GFO were represented by Chris Wands, Angelica Garcia and Luiza Chimancio of Douglas Elliman. Matt Lill of the Corcoran Group brought the buyer,
Read MoreFrom IPO spark to global scale pivot: Tri Pointe enters a new power axis

Thirteen years ago, on a rain-slick January morning in lower Manhattan, a three-and-a-half-year-old homebuilder’s president pressed and held the New York Stock Exchange bell for a full count of ten. TRI Pointe Homes’ January 31, 2013 IPO wasn’t simply a liquidity event. It was a strategic and capita
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