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.
New York program helps gig workers qualify for mortgages

The New York City Housing Partnership launched a new homeownership initiative aimed at helping gig workers and self-employed New Yorkers qualify for mortgages — funded through a multi-year partnership with Airbnb. The program — called Pathways to Homeownership — is designed to assist workers who rel
Read MoreKey Indicator of Home Values Flashes Warning Sign for Falling Prices

A key indicator for underlying home values is flashing a warning sign, suggesting that regional housing market weakness in the South and West is deepening. In December, the national median listing price per square foot dropped 1.3% from a year earlier to $220, marking the fourth consecutive month of
Read MoreMap Reveals America’s Healthiest—and Least Healthy—States as RFK Jr. Releases New Food Guidelines

A fascinating new report is lifting the lid on the healthiest—and unhealthiest—states across the U.S., revealing a stark analysis of the country's "portrait of health" and the areas where wellbeing appears to be on the back burner. Released by the United Health Foundation as part of its annual repor
Read MoreRoc360 REIT receives $150M investment to target renovation loans

Singapore-based investment firm Temasek has closed a $150 million investment in a fund managed by real estate lending platform Roc360, the companies announced Thursday. The capital will be allocated to an investment vehicle focused on residential transition loans used to finance home renovations.Tem
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Olivia Wilde is living up to her name by taking some bold steps with her real estate portfolio—selling her stunning Los Angeles dwelling at a nearly $700,000 loss, amid rumors that her romance with British art dealer Caspar Jopling is heating up. The 41-year-old actress and director, who shares two
Read More Former Apple CEO in contract for $40M condo at Steve Ross’ South Flagler House

Former Apple CEO John Sculley and his wife are buying a $40 million condo at the under-construction South Flagler House in West Palm Beach. The couple are in contract for a three-bedroom penthouse at Related Ross’ luxury towers planned at 1355 South Flagler Drive, the Wall Street Journal reported.
Read MoreLaura Brandao on taking a prominent leadership role at MLB Residential Lending

Laura Brandao announced on social media this week that she’s embarking on a new professional endeavor at MLB Residential Lending as its president of wholesale and correspondent lending. In a conversation with HousingWire, Brandao said that she’d been in a consultant’s role for MLB — which stands for
Read MoreKolter, Perko launch sales for waterfront West Palm Beach condo project

After completing a condo buyout earlier this year, Kolter Group and Perko Development Partners are launching sales for a waterfront condo in West Palm Beach. Their Maison d’Or project is slated for the 1.4-acre waterfront site at 3705 South Flagler Drive, across the Intracoastal Waterway from Presid
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Billionaire Google co-founder Larry Page has reportedly splashed out more than $173 million to snap up two mansions in the tony Miami enclave of Coconut Grove—days before it was claimed that the tech mogul has moved his business interests out of California ahead of a potential tax on the state's wea
Read More Mortgage Interest Rates Today: Post-Holiday Rates Keep Steady at 6.16%—Near 2025 Lows

Mortgage rates inched higher Thursday but remained within a narrow range near their 2025 low reached in the final week of the year, as the 10-Year Treasury yield continued to retreat. The average rate on 30-year fixed home loans rose to 6.16% for the week ending Jan. 8, up from 6.15% the week before
Read More“It’s a disaster”: First Live Local Act proposal in Surfside riles up small coastal town

A proposal for Surfside’s first Live Local Act project with an 11-story building in an area capped at four floors has riled the coastal municipality. Two developers want to build Ocean Walk Residences & Hotel with 33 residential and hotel units on the 0.3-acre site at 250 95th Street, according to
Read MoreSouth Florida’s top deals: DWS Group sells Alhambra office complex for $120M

🏆 Residential: The most expensive home sale recorded in the tri-county area was in Boca Raton, where a 7,000-square-foot, waterfront home at 7400 Northeast Orchid Bay Terrace changed hands for $10.8 million or roughly $1,500 per square foot. The seller was Shawn Meaike, an entrepreneur, who purchas
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Alec and Hilaria Baldwin have slashed the price of their sprawling $21 million Hamptons mansion—just one month after listing the dwelling, which they once dubbed their forever home. The couple, who also own a palatial apartment in New York City, have listed the five-bedroom, 5.5-bathroom Amagansett,
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Lily Allen and actor David Harbour have cut $695,000 from the price of their Brooklyn, NY, townhouse—just over two months after the estranged couple put the property on the market amid their acrimonious divorce. Allen, 40, and Harbour, 50, initially listed the sprawling Carroll Gardens property, whi
Read More Home Prices Are Cooling—but This Midwestern Metro Bucks the Trend

The new year is starting off with a wealth of home listings—and while the national median home price has fallen, the cost of a home is rising rapidly in one Midwestern metro. In December, inventory rose for the 26th straight month, but active listings fell seasonally for the month, according to the
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Singer-songwriter Erin Kirby is a young rising country star with an old soul—and just as her music has been influenced by legends from the past, including James Brown and Aretha Franklin, her Tennessee home also houses many a nod to the generations who’ve come before her. The 22-year-old artist has
Read More Vacations can be stressful—here are 3 ways to fully unwind, according to a psychologist

Vacationers should take their time to ease into their holidays, plan ahead, and focus on experiences instead of cramming activities or being interrupted by work.
Read MoreHomes Remain Less Affordable Than Historical Average in 99% of U.S. Counties Analyzed

Despite recent improvements in mortgage rates and softening home prices in parts of the country, home affordability remains well below historical averages in nearly every U.S. county. In 99% of the 594 counties reviewed, median-priced single-family homes and condos remained less affordable than hist
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A Vermont inn steeped in local—and national—history has hit the market for $4.95 million, decades after it played host to John F. Kennedy and his family. The iconic Inn at Turner Mill in Stowe is described as being one of the "oldest ski destinations in the U.S.," having been built in 1936. Over the
Read More What It Really Takes To Rebuild After a Disaster: Lessons From L.A.’s Recovery

A year after the devastating Los Angeles wildfires that erased $8.3 billion in home value across Pacific Palisades and Altadena, most of the affected homeowners are still trying to rebuild. Survivors have faced a slew of delays from stalled insurance payouts, permitting hurdles, and what many descr
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