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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Mortgage rates plummeted Thursday to their lowest level since September 2022 following a drop in the 10-year Treasury yield triggered by a cooler-than-expected January inflation reading and a relatively strong jobs report. The average rate on 30-year fixed home loans fell to 6.01% for the week endi
Read More Pending Home Sales Fall Nationally—but Rise in Parts of the Country

Pending home sales in January decreased by 0.8% from the prior month, according to the National Association of Realtors® Pending Home Sales Report. That's a 0.4% year over year. Month over month, the number of homes under contract increased in the Midwest and West but declined in the Northeast and S
Read MoreAuthorities Say Nancy Guthrie Likely Not in Mexico as Sheriff Makes Emotional Plea

To see our latest updates on the Nancy Guthrie case, please click here. Law enforcement has insisted there is no indication that Nancy Guthrie has been taken over the U.S.-Mexico border, as they assured the public the case would not go cold as the search enters its 19th day. Officials told NBC News
Read MoreNick Mastroianni sells portion of Harbourside Place for $58M

Nicholas Mastroianni II cashed out of a portion of the waterfront Harbourside Place mixed-use complex in Jupiter for $57.6 million. Voloridge, a data science, investment management and health care tech firm that’s headquartered at Harbourside Place, bought the properties at 110 and 115 Front Street
Read MoreYacht club home finds buyer at $2M above last trade

Two mansions in Boca Raton’s most expensive neighborhood topped Palm Beach County signed contracts this week. Buyers signed 34 contracts between Feb. 9 and Feb. 15 for luxury properties in Palm Beach County, according to Douglas Elliman’s Eklund-Gomes team. The homes that went pending last week tot
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Former Prince Andrew was arrested Feb. 19—his 66th birthday–at his Norfolk home amid the ongoing backlash over his relationship with alleged pedophile Jeffrey Epstein. The former Duke of York, whose full name is Andrew Mountbatten Windsor and is the younger brother of King Charles III, was taken int
Read More South Florida’s top deals: Voloridge picks up part of Harbourside for $58M

🏆 Residential: The top sale to hit records in South Florida was in Palm Beach, where trusts tied to Lili and Ambrose Monell, Maia Monell and Maurizio Morello sold a lakefront estate at 635 Crest Road for $57 million. The buyer was another trust, with Cameron Casey as trustee. The property has a doc
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United Airlines is overhauling its MileagePlus loyalty program to reward customers who have the carrier's credit card over those without it.
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Momentum is building in Amarillo, TX, and a big driver is a not-yet-built project slated to bring thousands of tech jobs. The city is seeing a surge in people moving to the metro. Right now, the domestic mobility rate in Amarillo climbed to roughly 17.9% in 2024, up from 16.5% a decade earlier, acco
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“Owning Manhattan” star Peter Zaitzeff spends his days ushering clients through some of New York City’s most jaw-dropping properties and stepping in front of the camera for Netflix’s real estate drama. But when the deals are done and filming wraps, the 41-year-old broker retreats to a different kind
Read More Vietnamese airlines sign deals for nearly 100 Boeing jets during party chief’s Washington visit

The deals include commitments from Vietnam Airlines, Sun PhuQuoc Airways and VietJet.
Read MoreZombie Foreclosures Are Rising—These Midwest Metros Are Hardest Hit

Lurking behind a for sale sign could be a home sitting empty. Not because the homeowners already moved out but because the property is vacant due to foreclosure. Nearly 1.4 million homes were vacant at the beginning of the year, according to ATTOM, a provider of property data and real estate analyti
Read MoreHome Equity Is Quietly Propping Up Retirement as Savings Are Falling Painfully Short

Baby boomers, who make up the bulk of retirees, are sitting on a record $19 trillion in real estate wealth. For many, that home equity now dwarfs what they’ve been able to accumulate in traditional retirement accounts, turning their real estate portfolio into the single largest component of their ne
Read MoreNew York Is Losing High-Income Earners to Texas—Here’s Why

Texas is drawing an increasing number of high-income professionals—overtaking New York as the top employer of financial services workers, excluding insurance and real estate. At least 314 companies moved their headquarters to Texas between 2015 and 2024, according to new research from the Texas Econ
Read MoreAverage Tax Refunds Are Up 11% This Year: How AI Can Help Homeowners Maximize Their 2026 Filings

Tax season can be challenging and burdensome, and for homeowners, keeping up to date with housing tax rules can make it even more difficult. The Internal Revenue Service opened the tax filing season on Jan. 26, and the deadline for filing (without an extension) is April 15. Most people will wait as
Read MoreMiami Beach condo-hotel owner torpedoes foreclosure auction with bankruptcy filing

The owner of Miami Beach’s Sixty Sixty Resort thwarted a foreclosure auction at the last minute by filing for bankruptcy. Coconut Grove-based Bloom Hotels 6060 filed a chapter 11 petition in Miami federal court on Monday, a day before the 16-story waterfront building at 6060 Indian Creek Drive was
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Savannah Chrisley is co-hosting "The View" this week, causing many fans to threaten to boycott the show over her appearance. The 28-year-old is the daughter of Todd and Julie Chrisley, who shot to fame in 2014 with their reality TV series "Chrisley Knows Best" and were found guilty in 2022 of conspi
Read More The States With the Lowest Property Taxes Revealed

Property taxes have become so burdensome that many states are working to lower or even abolish them. Then there's a state like Alabama. While the average U.S. household pays $3,119 per year in property taxes, in this Southern state, the average homeowner shells out a much lower $788, according to Wa
Read MoreFed Paused Rate Cuts in January Over Inflation Fears

Federal Reserve officials are concerned that persistent inflation could stall economic recovery, which is why they paused rate cuts at their January meeting, minutes of the meeting show. The Federal Open Markets Committee, which oversees decisions on interest rates, said geopolitics and government p
Read MoreMystery solved: Mark Zuckerberg eyes $200M Indian Creek listing

More than a week after inaccurate reports surfaced that Mark Zuckerberg and Priscilla Chan were in contract on an off-market Indian Creek Island estate, it appears the couple is merely eyeing the island’s only on-market listing, a 2-acre spec estate asking $200 million. The Meta CEO and his wife are
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