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 Calculator: Here’s How Much You Need To Buy a $430K Home at a 6.67% Rate

Mortgage rates eased off their one-year highs this week, as markets continue to await signs of a resolution to the Iran war and normalization of global oil prices. The average rate on 30-year fixed home loans dipped to 6.67% for the week ending Aug. 13, down 2 basis points from 6.69% the previous we
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"The Brink of War" star Jeff Daniels has been on a media blitz to promote his latest project—stepping once again to the forefront of an industry that he has been a leading star of for four decades now. But when the press tour comes to an end and the movie hits theaters across the U.S., Daniels, 71,
Read More Wagons Ho: Mercedes-AMG E 53 Hybrid Wagon

The 2026 Mercedes-AMG E 53 Hybrid Wagon. Photo courtesy of Mercedes-Benz If your idea of a station wagon is Clark Griswold’s wood-paneled, metallic pea-green Wagon Queen Family Truckster from that National Lampoon’s Vacation movie, maybe think again. The one you see before you packs a massive 604 ho
Read MoreSouth Florida’s top deals: Waterfront Miami Beach home sells for $4M gain in six-month flip

Residential: The most expensive residential sale recorded was $22.8 million for a 5,500-square-foot home at 508 West Dilido Drive in Miami Beach, built in 2018. The 508 W Dilido Drive Land Trust sold the property to 508 Di Lido Land Trust after purchasing it for $18.5 million in February of this yea
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The $1.8 million California home where Martin Short's daughter, Katherine, passed away has found a buyer—just one month after being listed and six months after her death. The three-bedroom property first hit the selling block in July, being listed for $1.795 million. Now, Realtor.com® can exclusivel
Read More Homebuilder Says It’s ‘Incredibly Difficult’ To Profit From a Traditional Starter Home

There are around 300,000 fewer starter homes on the market today than there were before the COVID-19 pandemic, and Lamonte Grulke thinks he knows why. Grulke is a general contractor and builder based in Little Rock, AR, who recently went viral on X for breaking down the costs of building a home and
Read MoreEXCLUSIVE: Power Broker Noble Black Takes Us Inside Manhattan’s Most Coveted Penthouses

Known for bringing Wall Street rigor to Manhattan's high-stakes property market, Noble Black quietly orchestrates some of the highest-profile residential deals across New York City—representing clients who demand law firm–level precision alongside multimillion-dollar-deal expertise. In a new Realtor
Read MoreBetter founder Vishal Garg lines up voting majority to retake control

Vishal Garg, the founder and former CEO of Better Home & Finance Holding Co., is seeking to regain control of the company after securing support from shareholders holding a majority of its voting power. Garg has retained attorney Alex Spiro in connection with the shareholder action, according to an
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“Your Friends & Neighbors” co-stars Jon Hamm and Anna Osceola are reportedly gearing up to become first-time parents, three years after they tied the knot in an intimate cliffside ceremony in California. The happy couple, who met on the set of "Mad Men," first sparked speculation that they were expe
Read More Reclusive Billionaire Craigslist Founder Reveals Why He Quit San Francisco for New York

Craigslist founder Craig Newmark has revealed why he chose to ditch San Francisco in order to become a full-time philanthropist on the East Coast. In a recent candid interview with SFGATE, the internet pioneer, 73, opened up about his decision to relocate to New York five years ago, officially clo
Read MoreSpirit Airlines HQ sells at auction for under half of its $200M construction cost

South Florida’s deep roots in aviation sprouted two high-profile real estate deals this week. An affiliate of Boston-based Hill City Capital placed the winning bid of $93.3 million for the vacant Spirit Airlines headquarters in Boca Raton, the Miami Herald reported. That’s less than half of its 2024
Read MoreIn a New Test, AI Mortgage Assistants Got Nearly 1 in 4 Answers Wrong

When researchers asked three of the leading general-use AI models which deposits in a bank statement “could be of foreign origin,” transactions connected to English names were flagged 13.3% of the time. But when the deposit came from a non-English name, that number jumped to 77%. “That's not how Ame
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A retired substitute teacher has been named as the winner of HGTV's 2026 Smart Home, scoring not only the keys to the $1.3 million Florida property, but also $100,000 in cash. Karen Hiers, 77, who hails form Jacksonville, FL, is now the proud new owner of the modern Orlando abode, which is newly bui
Read More The Property Tax System Is Breaking—and Ohio Might Be Ground Zero

A year after Ohio’s property tax crisis reached a boiling point, the state has begun rolling out relief—but the fallout is still plain enough to see. Cuyahoga County sold a record $18 million in delinquent property tax debt in June, while Mahoning County’s auditor lists more than 24,000 delinquent p
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NFL legend Aaron Rodgers has brought his jaw-dropping Malibu Beach mansion to the market for $39.5 million—marking the third property that the quarterback has listed within the past year. Rodgers, 42, who is preparing for his second season with the Pittsburgh Steelers and his final in the NFL, purch
Read More Miami Beach island estate with nightclub, yacht docks sells for record $52M

A mystery buyer just inked a record sale price and price per square foot on Miami Beach’s gated Hibiscus and Palm islands with a $51.5 million splurge on a waterfront estate. A joint venture led by Luis Bosch, founder of Luis Bosch Luxury Homes, sold the 10,000-square-foot mansion at 270 South Hibis
Read MoreHoly war, part 2: Brickell residents’ fight over 13th Floor’s Nobu resurrected

Brickell homeowners’ fight against 13th Floor Investments’ planned branded condo tower behind a historic church has been resurrected. A court overturned the city of Miami’s previous decision to quash the landmark status for a portion of the First Miami Presbyterian Church lot where 13th Floor Inves
Read MoreNew Bill Would Let College Savers Use Leftover Money To Buy a First Home

A bipartisan bill could let people use a common college savings financial tool to pay for their first house. The First-Time Homebuyer Empowerment Act would let people use up to $35,000 from a 529 college savings account for a down payment on their first home. It's the latest idea in a line of congre
Read MoreAcrisure Mortgage names Todd Boss president

Acrisure Mortgage announced Thursday that it has appointed Todd Boss as president, succeeding Joe Nunziata, who was recently promoted to president of Acrisure Real Estate Services. Boss will oversee the day-to-day operations of Acrisure Mortgage, including its nationwide mortgage platform, sales org
Read MoreSide CEO says independents are the future, launches SideOS

While much of the housing industry is focused on the current wave of consolidation consuming the space, real estate brokerage Side is placing its bet on local and regional independent brokerages being the future of the industry. “The prevailing narrative in the industry today is that there are goin
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