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.
Mortgage Interest Rates Today: Rates Fall to 5.98%—the Lowest Since September 2022

Mortgage rates continued their downward drift Thursday, 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 MoreGreat Gulf launches Mandarin Oriental-branded West Palm Beach condos

Great Gulf is launching Mandarin Oriental-branded waterfront condos in West Palm Beach, making it the latest luxury development in the city’s north end. The planned Mandarin Oriental Residences, West Palm Beach will span 31 stories and 87 units, according to a news release. Great Gulf tapped Moshe S
Read MoreSouth Florida’s top deals: PGIM offloads $132M apartment complex in Palm Beach Gardens

🏆 Residential: The priciest home sale recorded in South Florida was for a home in Delray Beach. Kathy Palmer Ordoñez, a life sciences executive, sold a house one block from the ocean, at 702 North Ocean Boulevard, for $9.7 million. The buyer was an LLC managed by Frederick and Maria Paulman. Freder
Read MoreThe Metros Where AI Jobs and Data Centers Are Displacing Local Homebuyers

In 39 of the nation's top 100 metros, the end of 2025 saw local homebuyers being decisively outshopped by newcomers seeking a fresh start, with demand flipping from locally driven to out-of-market dominated. Nationally, nearly 62% of online listing views on Realtor.com® in the top 100 metros came fr
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As an influencer specializing in DIY hosting tips, TikTok and Instagram star Julie Sousa’s creativity has no limits—however, the same cannot be said for the Boston home where she has spent the last few years bringing her colorful and whimsical party setups to life. So, Sousa, 34, who is best known t
Read More Trump Floats New Government-Matched Retirement Plan in SOTU Aimed at Workers Without 401(k) Access

In Tuesday night’s State of the Union address, President Donald Trump proposed a new 401(k)-style savings plan that would include a federal match of up to $1,000 a year for the 56 million workers who don’t currently have access to an employer-sponsored retirement plan. The announcement targets a maj
Read More37% of Homeowners Regret Buying in an HOA Community—but Should They?

Part of the appeal of buying a home is becoming the master of your own domain—no landlords, no lease renewals, just a space where what you say goes. It's understandable, then, that homeowners associations can cause some consternation. HOAs govern the rules of a community, from landscaping standards
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A 19th century Connecticut sawmill that was transformed into a luxury three-bedroom stone estate has hit the market for $1.75 million—offering up not only a picture-perfect waterfront retreat, but also the chance to own your very own private waterfall. The idyllic dwelling, which is located in Branf
Read More Shidler surrenders rentals, Dermot drops $132M on apartments

A pair of apartment complexes in Palm Beach County traded hands, with one seller scoring a gain on the price and the other surrendering the property to avoid foreclosure. Newark, New Jersey-based PGIM Real Estate sold the 340-unit The Quaye at Palm Beach Gardens at 10000 South Gardens Drive in Palm
Read MoreRental vacancy data shows progress that can keep mortgage rates lower
One of the positive housing stories that doesn’t get a lot of attention is the vacancy data we have in the U.S. today, especially the rental vacancy data, which is helping to fight inflation and keep mortgage rates lower. The homeowner vacancy data has improved with the rise in housing inventory, bu
Read MoreWellington rejects billionaire Frank McCourt’s polo field redevelopment plans

Billionaire developer Frank McCourt’s plans with Discovery Land Company to build 27 homes and a country club on the Isla Carroll Polo field were shot down by Wellington village officials in a late-night vote that followed hours of testimony and discussion. Only Vice Mayor Tanya Siskind supported rez
Read MoreRecruiting Insight adds automation and analytics with HiringCenter Pro

Real estate brokerage recruitment platform Recruiting Insight wants to help firms level up their recruiting game with its new platform HiringCenter Pro. Launched on Monday, Recruiting Insight describes HiringCenter Pro as an AI-enabled recruiting platform. The company said the platform will help br
Read MoreZillow promotes three executives, including new chief product officer

Zillow is making changes to its leadership team. On Wednesday, the company announced the promotions of three existing Zillow leaders. These appointments include Christopher Roberts as chief product officer, Marissa Brooks as senior vice president of corporate affairs and Jon Lim as senior vice pres
Read MoreHouse Passes Rollbacks of Energy Efficiency Rules and Rebates

The House voted to roll back several green energy policies, including a major appliance rebate created in the Inflation Reduction Act. The two bills deal with energy efficiency standards administered by the Department of Energy for home appliances. The House has passed several other bills aimed at r
Read MoreLawmaker aims to drown city board’s power in Fontainebleau Miami Beach pool upgrades

A Florida legislator who doesn’t represent Miami Beach is pushing a measure that could wipe out the city’s ability to regulate upgrades at Jeffrey Soffer’s waterfront resort. David Borrero, a Doral state representative, tacked on a win for the billionaire developer in a massive bill that would creat
Read MoreHousing leaders say Trump’s plan must go deeper than lower mortgage rates

President Donald Trump highlighted taxes, inflation and trade in his State of the Union address on Tuesday evening, but he made only a passing reference to housing, leaving affordability largely unaddressed to the chagrin of housing professionals. Housing professionals had expected a larger discussi
Read MoreHow one Florida community transformed hurricane resilience into record sales

Southwest Florida was tagged by homebuilding business strategists and observers as one of the nation’s more difficult and listless markets in 2025. On the other hand, Babcock Ranch – a master-planned, solar-powered community located near Fort Myers – defied gravity, carrying on in better-than-expect
Read MoreNY brokerage plants flag in Wynwood, bets on “much bigger” Miami in-migration

A boutique New York brokerage planted a flag in Wynwood, betting Miami and South Florida as a whole are poised for a second, even bigger wave of out-of-state in-migration, The Real Deal has learned. Modern Spaces, led by Eric Benaim and based in Long Island City, opened an office this month at the
Read MoreBrown Harris Stevens adds Corcoran agent Debbie Baum

Veteran real estate agent Debbie Baum is making the move to Brown Harris Stevens from Corcoran, according to an announcement on Wednesday. Baum has more than 23 years of experience serving residential real estate clients in Manhattan. Earlier on in her professional career, Baum spent over 20 years
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Kansas City Chiefs star Travis Kelce has left NFL fans on the edge of their seats as the world waits with bated breath for the 36-year-old football pro to confirm whether or not he plans to return to the AFC team for a 14th season—weeks before he is due to become a free agent. Kelce, who joined the
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