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.
Downsizing Doesn’t Mean Retiring: What Today’s Working Older Adults Want in a Home

Working well past traditional retirement age has become increasingly common these days. In fact, the U.S. The Bureau of Labor Statistics estimates that of the 62 million people in the U.S. aged 65 and over—about 12 million—are still in the workforce. And according to a recent AARP survey, 41% of re
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On the afternoon of April 12, 2025, a crew of tree service workers entered the backyard of Stefan Pizzi’s duplex in Miami’s Buena Vista West neighborhood. Within minutes, they chopped down a 100-year-old oak straddling the property line with an adjacent vacant lot, home surveillance video shows. The
Read More Tennessee Farm Values Are Surging Faster Than Any Other State

Farmland values continue to rise, with agricultural real estate values surging nearly 6% in one state last year, according to a new report from the U.S. Department of Agriculture. Across the country, median farmland prices hit $6,020 per acre this year, a 3.4% increase from 2025, according to the Ju
Read MoreMamdani’s Pied-à-Terre Tax Comes Under Fire By Trump: This Will ‘Ruin’ NYC

President Donald Trump has joined the chorus of voices decrying the rollout of New York City’s controversial pied-à-terre tax. “This doesn’t work in America, and must be stopped, NOW!” he wrote in a Truth Social post Tuesday morning. His comments came a day after a judge temporarily halted key parts
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"Jurassic World" star Chris Pratt and his wife, Katherine Schwarzenegger, have returned their troubled Los Angeles mansion to the market for $19.99 million—marking the fifth time in three years that the custom property has been listed. Pratt, 47, and Schwarzenegger, 36, initially listed the sprawlin
Read More Home Sales Dip in July as Mortgage Rates Hit 2026 High

Home sales dipped modestly in July, a month defined by steadily increasing mortgage rates, the National Association of Realtors reported Tuesday. Existing-home sales dropped to a seasonally adjusted annualized rate 4.06 million in July. That's 1.7% below where they were in June but up 0.7% from a ye
Read MoreHere’s What a $975 Million Powerball Winner Would Actually Take Home for a House After Taxes

The Powerball jackpot shot up to $975 million Tuesday, after no big winner was crowned on Monday, Aug. 10. The winning numbers for Monday night's drawing were: 6, 54, 64, 55, 37 and the Powerball was 10. The Power Play was 3x. In the last year, the Powerball has made history time and again. Last Se
Read MoreCoastland locks in $85M loan for first phase of 1K-unit project on Bird Road

A developer scored an $84.5 million construction loan for the first portion of its planned roughly 1,000-unit development along Bird Road in west Miami-Dade County. Miami-based Coastland Residential plans the eight-story Vybe 75 with 366 units at 4383 Southwest 75th Avenue, according to the develop
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Kendra and Joseph Duggar have withdrawn their not guilty plea after being charged with four counts of second-degree endangering the welfare of a minor and four counts of second-degree false imprisonment following a search of their Arkansas home. In March, the reality TV star, 31, who is the younger
Read More South Florida’s top deals: Aviation exec drops $19M on Surf Club pad

🏆 Residential: The top recorded home sale was in Surfside, where a condo at the Four Seasons Residences at the Surf Club at 9001 Collins Avenue traded for $19 million. A trust tied to Richard Gold sold unit 307 in the south tower to an LLC managed by William Papariella, a private aviation executive
Read MoreHotel giant says ‘growing middle class’ boosted hotel demand despite Middle East hit

IHG reported higher first-half profit as U.S. demand accelerated and Middle East disruption weighed on travel.
Read MoreData Centers Are Moving In Next to American Homes—Here’s How Neighborhoods Are Changing

Data centers are increasingly popping up next to American homes, and they're changing neighborhoods in the process. The number of large data centers over 50 megawatts has increased sevenfold from 2018, and now U.S. communities host over 350 of them. Not surprisingly, the share of home sales near the
Read MoreThe ‘Sandwich Generation’ Is Getting Younger—and Homeownership Is at Risk

Rachael Piltch-Loeb was just 29 when she suddenly found herself pulled between two generations. Six months after the birth of her first child, her father was diagnosed with early-onset Alzheimer’s. Until then, most of the demands on her time had pointed forward: a new baby, a promising career in aca
Read MoreWhy late payments are stalling construction projects, and how to break the cycle

Seventy percent of general contractors and subcontractors consistently face late payments, costing the construction industry nearly 300 billion dollars last year. In today’s economy, GCs and subcontractors are already working on incredibly thin margins. Without cash coming in when planned, there is
Read MoreWaiting until fall won’t make homes more affordable, but here’s what will

In the last six years, the typical American home started requiring a much higher salary. Today, according to the Housing Studies’ 2026 State of the Nation’s Housing report, a household needs an income of more than $120,000 to afford the payment on a median-priced home. In 2020, that number was just
Read MoreSix keys to tuning up the $15 trillion mortgage servicing sector

I’m a mortgage servicer by trade, but also a music lover and guitar player. A guitar has twelve notes, and from this comes every song, every genre, every hit ever written. Servicing works the same way. The structure is fixed – loan, customer, property – but what you can now build on top of it with A
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Usher is back with a bang—and a splash of controversy—after embarking on a new stadium tour with fellow performer Chris Brown, marking the latest in a long line of sold-out performances the musician has done during his 30-year career. The "OMG" singer, 47, who is originally from Texas, kicked off hi
Read More Hillstone Bal Harbour abruptly closes its doors after over a decade

Hillstone at Bal Harbour has shut its doors after 11 years, marking the latest restaurant vacancy at the 61-year-old luxury mall. The restaurant announced the closure of its 6,400-square-foot space, perched on the second floor of the Bal Harbour Shops at 9700 Collins Avenue, encouraging customers to
Read MoreBill To Double Capital Gains Tax Exclusion Picks Up Momentum in Congress

A bill to double the capital gains tax exclusion to curtail the penalty on home sellers is gaining traction in Washington, DC. The More Homes on the Market Act has attracted four additional co-sponsors before both chambers adjourned for the August recess. Three Democrats in the House threw their sup
Read MoreBroward County plans massive development around Florida Panthers Sunrise arena

Broward County is planning a massive mixed-use development for the area surrounding the Florida Panthers’ Sunrise home base. County officials submitted an application for the project, which would bring multifamily units, commercial space, hotel rooms and green space to the 154-acre site surrounding
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