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.
Can unhappy homeowners disband their HOAs? Experts doubt lawmaker’s proposal

A path to disbanding homeowners associations for residents unhappy with their HOAs is part of a proposal ahead of next year’s session of the Florida Legislature. Rep. Juan Carlos Porras filed House Bill 657, another legislative attempt to address HOA problems and help residents clashing with their l
Read MoreCirrus wins distressed downtown Miami development site with $77M credit bid

Cirrus Real Estate won a bankruptcy auction for a distressed downtown Miami redevelopment site with a $77 million credit bid. An affiliate of New York-based Cirrus, led by Joseph McDonnell, topped other offers during a live sale last week conducted by Sotheby’s Concierge Auctions, court records sho
Read MoreMortgage Interest Rates Today: Rates Fall to 6.18%, Reflecting an Up-and-Down Bond Market

Mortgage rates edged lower on Wednesday compared to the previous week, following bond market swings triggered by mixed economic indicators: a weak November jobs report and a soft but potentially overly optimistic inflation reading. The average rate on 30-year fixed home loans decreased to 6.18% for
Read MoreMG Developer, Prosper jump into hot North Bay Village with condo development

Alirio Torrealba’s MG Developer and Prosper Group are planning a 30-story waterfront condo tower in North Bay Village. MG and Prosper are proposing a 30-story, 147-unit tower at 1681 and 1725 North Bay Causeway, the 1-acre site they bought for $30.9 million last year. The partners filed an applicati
Read MoreSC Johnson billionaire sells Palm Beach home for $17M

Billionaire SC Johnson heiress Winifred Johnson-Marquart sold a home in Palm Beach two months after upsizing to a $30 million landmarked home on the island. Johnson-Marquart and her husband, musician and music producer Mike Marquart, sold the house at 449 Australian Avenue to Victor and Julia Tolkan
Read MoreMortgage Applications Today: Home Loan Demand Falls 5% Despite Lower Mortgage Rates

Mortgage applications decreased 5% for the week ending Dec. 19, according to the Mortgage Bankers Association—that's the second straight week of declines. The Market Composite Index, a measure of mortgage loan application volume, decreased 5% on a seasonally adjusted basis from one week earlier. On
Read MoreMortgage applications fall 5% despite rate decline
Mortgage applications decreased 5.0% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey for the week ending Dec. 19, 2025. On an unadjusted basis, the index decreased 6% compared with the previous week. The refinance index decre
Read MoreCan You Really Buy a Home for $1? Here’s What Those Listings Mean—and Where You Can Find Them

The current median list price for a home in the U.S. is $415,000—but, there are hundreds of houses on the market for just $1. Sometimes, listing a home for $1 is simply an unconventional marketing tactic to help widen the buyer pool or spark a bidding war. It can also be a way to let the market dete
Read MoreWest Coast Tech Hubs Go Toe-to-Toe in High-End Housing Showdown

San Francisco and Seattle share a lot in common: Both sit along the Pacific Coast, both are progressive cities with highly educated populations, and perhaps most significantly, both are world-renowned technology hubs whose growth helped fuel the rise of luxury housing markets in their metros. As glo
Read MoreRemote Lakefront Cabin in Alaska With No Water or Electricity Lists for Just $175K

A rustic cabin in Alaska jutting out on 4.43 acres on Curley's Point overlooking Lake Louise has just hit the market for a very reasonable asking price of just $175,000, but it comes with a catch: There's no water or electricity. Located in Glennallen, the remote four-bedroom residence offering "acc
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From luxury listings to dramatic home makeovers, Netflix’s expanding lifestyle lineup is beginning to look unmistakably HGTV-inspired. In recent years, the streaming giant has steadily built out its home and real estate catalog, adding fan-favorite series like "Selling the City," "Owning Manhattan,"
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A custom-built, waterfront mansion in Key Largo, located at the tip of a human-made throughway known as Adam's Cut Waterway, has just hit the market for $11,380,000. Offering a shortcut for anyone looking to save significant travel time from Florida Bay to the Atlantic Ocean, "The Cut," as it is kno
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It’s rare to find a property that includes a shipping container transformed into a modern dwelling and an adorable and well-preserved historic structure. But a 20-acre property for sale in Northern Wisconsin features both: a sleek converted shipping container and a vintage log cabin. Each is painted
Read More Coral Rock scores $54M construction loan for Live Local Act project in Allapattah

Coral Rock Development Group scored a $54 million construction loan for a Live Local Act project in Miami’s Allapattah. Developers across South Florida have seized on the state workforce and affordable housing law by filing a flurry of proposals, but few have advanced their projects to the financin
Read MoreHGTV Star Jasmine Roth Admits She’s Unsure About Network’s Future After Channel’s Programming Purge

HGTV star Jasmine Roth has admitted that she is uncertain about her future with the network, revealing that months of uncertainty have left her concerned that her time with the home-focused channel may be coming to an end. The star of "Help! I Wrecked My House," which wrapped its fifth season in Nov
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Former tennis champion Anna Kournikova and singer Enrique Iglesias have welcomed their fourth baby—nearly one year after she was spotted in a wheelchair in Miami. The 44-year-old model, who has been dating the "Bailando," 50, hitmaker, announced the news of their addition to their growing family on
Read More How Steve Witkoff’s Shell Bay Club became ground zero for global conflict negotiations

A private country club in South Florida has become an epicenter of high-stakes global diplomacy. Delegations from at least nine nations convened over the weekend at Shell Bay Club, the ultra-exclusive Hallandale Beach club co-owned by developer Steve Witkoff and Ari Pearl’s PPG Development, for par
Read MoreShould You Let Your Adult Kids Move Back Home?

For many parents, the day that their child leaves home to start a life of their own is bittersweet. Equally bittersweet, then, is the day that child moves back in. For decades, adult children tended to stay away from their childhood home once they moved out, but the percentage of 25-34-year-olds li
Read MoreTexas proposes property tax cuts for homeowners 55+

Texas Lt. Gov. Dan Patrick recently announced “Operation Double Nickel,” a proposal that would lower the age for senior property tax benefits from 65 to 55 and expand homestead tax exemptions. According to Patrick’s website, the plan “would accelerate school property tax cuts, reduce school property
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If you’re anything like my mom, it’s not the holiday season until "It’s a Wonderful Life" plays on the living room TV, preferably with tissues in hand and a plate of freshly baked cookies nearby. The 1946 classic follows George Bailey, played by James Stewart, on a desperate Christmas Eve. Standing
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