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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Disgraced actor Bill Cosby's New York City townhouse has been taken off the market, eight months after being listed for $6.99 million amid the TV star's ongoing foreclosure battle. The property, which is one of two that has been under threat of foreclosure, was initially put on the market in April,
Read More Private equity firm Gaia moves HQ from NYC to Miami, bets on rental homes

Gaia Real Estate moved its headquarters from New York to Miami, as it focuses on investment in South Florida’s multifamily market. The move comes after a slowdown of the influx of out-of-state companies to South Florida, which reached an apex in the three post-pandemic years. Gaia’s heightened inve
Read MoreBrokers, developers kick off Miami’s high season at Art Week

A 50-foot-wide rotating bookshelf planted in the sand in front of the Faena District is drawing crowds during Miami Art Week — a fitting backdrop for a mixed-use project that has, since it opened a decade ago, fused luxury real estate with the art world. The installation, called The Library of Us,
Read MorePrivate Hiring Loses 32,000 Jobs in November Ahead of Fed Rate Cut Decision

Employment in the private sector fell by 32,000 jobs in November, driven by major cuts at small businesses, bolstering the case for another Federal Reserve rate cut next week. Employers with fewer than 50 workers reported shedding 120,000 jobs last month, even as medium and large businesses expanded
Read MoreMortgage Applications Today: Home Loan Demand Decreases Despite Lower Mortgage Rates

The demand for a home loan continues to take an up-and-down path as applications decreased 1.4% for the week ending Nov. 28, according to the Mortgage Bankers Association. This is down from the week prior when it saw applications increase 0.2%. The total is also adjusted for the Thanksgiving holiday
Read MoreHousing Forecast 2026: Mortgage Rates Remain Above 6%, but Affordability Improves Modestly

Mortgage rates will continue to average above 6% next year, but affordability will improve modestly as the typical monthly payment falls below 30% of a household's income for the first time since 2022, the Realtor.com® economic research team predicts in its 2026 housing forecast. The forecast predic
Read More3-Acre Maine ‘Retreat’ Without Heat, Plumbing, Bathroom, or Kitchen Lists for Just $130K

A bare-bones "retreat" in Maine that lacks almost every basic amenity a homeowner might expect from a residential structure has hit the market for just $130,000—offering little more than a wooden shack that comes complete with 3 acres of rural land. Described in its listing as a "small cabin," the p
Read MoreHomeownership Rate Expected To Fall Further in 2026 After Hitting a 6-Year Low

The homeownership rate in the United States is projected to fall further in 2026 after reaching a six-year low earlier this year, according to a new forecast from the Realtor.com® economic research team. The percentage of households that are owner-occupied has trended down over the last few years, h
Read MoreMichigan Family Lost a $194K Home Over a $1.6K Tax Bill—Now the Supreme Court Is Weighing In

Scott Pung did everything right. He bought a three-bedroom home in Union Township, MI, for his family, paid his bills, and followed the rules to receive a property tax exemption for a small supplemental school tax. When Scott died in 2004, the home passed to his family. Under Michigan law, the schoo
Read MoreThe Secret Value Behind the Rockefeller Center Christmas Tree

When Judy and Dan Russ bought their home in upstate New York, Dan knew the Norway Spruce in their front yard had potential. At 75 feet tall, with verdant branches and a striking symmetry, it had all the makings of a Rockefeller Center Christmas tree. He was right. Dan died in 2020, at just 32 years
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The sprawling farmhouse that Ellen DeGeneres and Portia de Rossi bought as their initial home base amid their move to the U.K. has reportedly been engulfed by more floodwater—just five months after the couple listed the property for $30 million. DeGeneres, 67, and de Rossi, 52, purchased the 43-acre
Read More Futuristic Smart Home With a Self-Cleaning Pool Hits the Market in Massachusetts for $4.2 Million

A custom-built Massachusetts dwelling is redefining what it means to sit back and relax—thanks to a top-of-the-line smart system that gives residents the ability to control almost every aspect of their living experience at the touch of a button. Located in Lexington on a leafy 0.7-acre parcel, the s
Read MoreCalifornia Home Sales Hit 8-Month High—These Counties Came Out on Top

California is seeing a glimmer in the housing market as new numbers show home sales hitting an eight-month high, according to the California Association of Realtors®. Existing, single-family home sales rose in October from both the prior month and a year ago—the highest level since February. Sales o
Read MoreTexas Couple Buy $160,000 Fixer-Upper Apartment Within Italian Mansion Sight Unseen

Many people fantasize about buying a $1 home in Italy and turning it into their dream home. Houston couple John Alan Ambrose, 61, and his wife, Vicky, 57, spent more than $1, but still got the house of their dreams in Biella, a city in Northern Italy’s Piedmont region. It just took them three years
Read MoreHomebuilders turn to digital pre-sales to drive buyer confidence

From Want-To to Yes: How Digital Pre-Sales Became the Only Path Forward Buying a new home has never been a “must.” Even when life events prompt people to move, choosing new construction is a want-to decision that depends on confidence and clarity. And that’s true more so now than almost any time in
Read MoreAll-Cash Buyers Account for 60% of Home Sales in NYC in First Half of 2025

All-cash deals continue to dominate New York City's housing market, accounting for 3 of every 5 home sales recorded in the Big Apple in the first half of 2025, a new report reveals. From Jan. 1 through June 30, 2025, all-cash transactions outpaced financed sales in the Big Apple. Of the 17,924 sale
Read MoreMiami Trump library back on track after college board vote redo

Miami Dade College’s board of trustees doubled down on its controversial plan to hand over a prime downtown parcel for Donald Trump’s $950 million presidential library. The board unanimously reapproved the land transfer on Tuesday at a packed morning meeting in Hialeah, the Miami Herald reported. T
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Hollywood actress Mila Kunis has a new—and unique—job to add to her resumé, one that is far less glamorous than the on-screen roles she is best known for: the head of her local homeowners association. The 42-year-old "Wake Up Dead Man: A Knives Out Mystery" star opened up about the position in a new
Read More Real estate veteran Steve Simonetti opens REMAX NEXUS

Steve Simonetti entered the real estate industry after being inspired by his father’s journey in as a real estate agent and in purchasing investment properties. Over five decades later, Simonetti is still at it, but recently he has taken on a new role as franchisee. In October, Simonetti, a longtim
Read MoreGreystar to pay $24M, end hidden fee practices under FTC, Colorado settlement

Greystar — the nation’s largest multifamily rental property manager — has agreed to pay $23 million to the Federal Trade Commission (FTC) and $1 million to the state of Colorado. The settlement follows allegations that Greystar misled renters by advertising low monthly prices while adding undisclose
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