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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Three of Team USA's most talented snowboarders—Chloe Kim, Maddie Mastro, and Bea Kim—went head-to-head in the women's halfpipe finals at the Winter Olympics on Thursday and faced a brutal upset when South Korean competitor Choi Ga-on seized the gold. Chloe, 25, was aiming to become the first snowboa
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Spirit Airlines said it sold another 20 planes and is calling back 500 flight attendants from furlough.
Read More Mortgage Interest Rates Today: Rates Drop to 6.09% After Better-Than-Expected Jobs Report

Mortgage rates dipped slightly Thursday but remained within their recent narrow range, a day after the federal government released a stronger-than-expected January jobs report. The average rate on 30-year fixed home loans decreased to 6.09% for the week ending Feb. 12, down from 6.11% the week bef
Read MoreAvalon Bay, MG Developer bet on Miami apartment market to balance out

As South Florida’s multifamily market slows, AvalonBay Communities and MG Developer are proposing 374 apartments in separate Miami projects. Arlington, Virginia-based AvalonBay wants to develop an eight-story, 166-unit building on a 1.6-acre site on the southwest corner of Southwest 23rd Street and
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HGTV has abruptly canceled hit show "Rehab Addict" and severed all ties with its star, Nicole Curtis, after she was accused of making "an offensive racial comment" during filming of the series. A shocking clip of Curtis, 49, using the n-word was revealed by Radar Online on Feb. 11—the same day that
Read More Home Sales Nosedive in January Despite Easing Mortgage Rates

Sales of previously owned homes in the U.S. fell sharply in January even as mortgage rates touched a three-year low, raising questions about the housing market ahead of the spring buying season. Existing-home sales dropped 8.4% last month from December to a seasonally adjusted annual rate of 3.91 mi
Read MoreSouth Florida’s top deals: Investor sells Sunny Isles Beach penthouse for $20M

🏆 Residential: The top home sale to hit records in South Florida was in Sunny Isles Beach, where a penthouse at 19575 Collins Avenue traded for just under $19.9 million or roughly $2,200 per square foot. The seller was a company managed by real estate investor Nicolas A. Weinstein, and the buyer wa
Read MoreNearly 1 in 5 New Homes Is Selling at a Discount as Homebuilders Step Up Price Cuts

Homebuilders are expanding their use of discounts, with nearly 1 in 5 new homes carrying a price cut in late 2025, according to a new analysis from the Realtor.com® economic research team. In the fourth quarter, 19.3% of listings for new builds offered price reductions, compared to just 18% of exist
Read More‘Members Only: Palm Beach’ Star Taja Abitbol Reveals the Ultimate Symbol of Wealth in a Home

“Members Only: Palm Beach” star Taja Abitbol is a well-heeled member of an elite social circle where money always talks. Yet, when it comes to the ultimate sign of a person's privilege, the Netflix star says health, not wealth, shines above all else. This explains why she's designed both of her Sout
Read MoreMidwestern Barbecue Capital Sees Biggest Surge Among Top Metros in the Hottest Markets Ranking

While the Kansas City Chiefs missed out on the Super Bowl this year, the start of 2026 brought a significant spike in homebuyer demand in Kansas City, MO. Renowned for its smoky, saucy barbecue style and its numerous photo-op-ready fountains, Kansas City—Missouri's most populous metro that's home to
Read MoreBTS comeback tour turbocharges concert tourism, with hotel searches jumping as much as 6,700%

The announcement of South Korean boyband BTS' comeback global tour is expected to boost tourism in host cities.
Read MoreRepublicans Crafting Bill To End Conservatorship of Fannie Mae and Freddie Mac

House Republicans are crafting a bill to end the 18-year-long conservatorship of Fannie Mae and Freddie Mac, advancing an idea pitched by President Donald Trump that could lead to taking the companies public. Wisconsin Rep. Scott Fitzgerald, a Republican, said at a hearing of the House Subcommittee
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A newly completed megamansion tucked away in the ultra exclusive enclave of Admirals Cove in Jupiter, FL, has just hit the market for $33.25 million and boasts an array of features so luxurious that they rival those offered at even the most luxurious of hotels. What sets this five-bedroom estate apa
Read More How Homeowners Can Make the Most of Their Tax Refund This Year

The average taxpayer is expected to get a bigger refund this tax season under President Donald Trump’s One Big, Beautiful Bill Act, which allows certain homeowners to claim bigger deductions for the first time in their 2025 filings. The Tax Foundation, a nonpartisan think tank out of Washington, DC
Read MoreRetail, office development lands $70M loan in shopping hotspot Aventura

A local developer landed a $70 million construction loan for a retail and office development in Aventura amid a hot commercial leasing market and a slow development pipeline. Miami-based Ocean Bank provided the financing to Centtral Aventura LLC, managed by Jacobo Cababie Dichi of Aventura, the Sout
Read MoreGraham pitches apartments for Miami Lakes site of fizzled “senior village”

Graham Companies pitched plans for a 541-unit apartment complex in Miami Lakes, in a proposal that hasn’t received full-throated endorsement from locals. The family firm, which developed Miami Lakes and is a major landlord in the town, wants to build the complex on a site previously slated for a “se
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California dominates a world list, but in an expensive way. Nine of the priciest locales of the least affordable cities to buy a home are in the United States: San Jose, CA, Los Angeles, Long Beach, CA, San Diego, New York City, Miami, San Francisco, Boston, and Oakland, CA, according to a new study
Read More Wrong address? Sources say Mark Zuckerberg isn’t buying Jersey Mike’s founder’s home

Billionaire Meta CEO Mark Zuckerberg and his wife Priscilla Chan aren’t buying the newly completed Indian Creek Island estate of Jersey Mike’s founder Peter Cancro and his wife Tatiana Cancro, multiple Miami market insiders said. The couple may be buying somewhere else on the island, but sources cou
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Married figure skaters Madison Chock and Evan Bates suffered brutal defeat in the ice dance finals at the 2026 Milan Winter Olympics, when they were beaten to the gold by French pair Laurence Fournier Beaudry and Guillaume Cizeron. Despite claiming the silver in the event, it was a crushing result f
Read More Cash Buyers Are Getting the Biggest Discount in Years, Putting Other Bidders at Disadvantage

Cash-rich homebuyers are securing the steepest discounts seen in years, widening the gap between what they pay and what financed buyers must offer to compete, according to a new analysis. In 2025, sellers accepted an average 9% discount on all-cash purchases compared with financed offers, more than
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