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.
Bomb Cyclone Slams the Northeast: How To Protect Your Home Before the Deep Freeze

The Northeast is bracing for its third winter storm this week, as a powerful bomb cyclone barrels up the coast. The storm is expected to bring heavy snow, treacherous travel conditions, and school closures across the region—and could cause costly damage to homes if owners don’t prepare. The National
Read MoreReturn-to-Work Policies Are Reshaping Housing Choices: Should Homeowners Stay or Sell?

It's been more than five years since the COVID-19 pandemic enabled millions of workers to relocate and to work remotely, sparking a homebuying surge in previously unthinkable spots—rural towns, beachside locales, and even different parts of the world. Some of those pandemic buyers stretched their bu
Read MoreRemembering Robert A.M. Stern: A look at the starchitect’s South Florida projects

Robert A.M. Stern died last week at the age of 86, leaving behind the legacy of a 60-year career designing schools, libraries, museums, and, most notably, condos. The founder of Robert A.M. Stern Architects (RAMSA) built a career out of making new things that feel old. He is best known for his prew
Read MoreA New Era for Naples Collectors Moves Into Construction

Naples has long been a destination for those who appreciate craftsmanship, beauty, and the preservation of meaningful objects. Yet even in a city known for refined tastes, a new concept is capturing the attention of serious collectors. It is designed for those whose passions rest on four wheels and
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"Full House" star Dave Coulier has revealed he is undergoing treatment for tongue cancer—just over a year after he was diagnosed with "aggressive" non-Hodgkin lymphoma. Coulier, 66, shared the devastating health news during a phone interview with the "Today" show, explaining that he learned he had H
Read More Allen Morris scores $139M construction loan for Coconut Grove project

Allen Morris Company secured a $138.5 million construction loan for its mixed-use Ziggurat development in Coconut Grove, The Real Deal has learned. Coral Gables-based Allen Morris and its partner, the Espinosa family that owns the property at 3101 Grand Avenue, secured the financing from BDT & MSD
Read MoreMajor Insurer Eliminates Homeowners Policy Cap in This State

As wildfire risk continues to rise, securing affordable, comprehensive homeowners insurance coverage has become a major challenge for many California residents. But in a move that some interpret as a positive shift, Farmers Insurance has announced it will eliminate the cap on the number of homeowner
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A historic New York townhome that was built in 1899 for self-made millionaire James E. Nichols—and later became the site of a gruesome murder—has just hit the market for $68 million. The Beaux Arts-style murder mansion on the Upper East Side was designed by architect C.P.H. Gilbert, but has been "co
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A stunning Doug Ewing–designed Craftsman-style estate that sits on the banks of the only private lake in Pasadena, CA, has just hit the market for $6.8 million. Built in 2006, the four-bedroom property is part of the exclusive neighborhood of Brookmere. The gated community, which has only 18 residen
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Persistently high home prices have pushed the golden 20% down payment out of reach for many house hunters. In response, more of them are relying on private mortgage insurance—coverage borrowers are sometimes required to purchase to protect their lender in the event they default—to buy homes. In 2024
Read More Historical Midwest Home With 8 Bedrooms Goes On the Market for $500K—but There’s a Catch

If you’ve watched the movie "Old School," you already know what it’s like to live in an old fraternity house. Now someone has the chance to make that cinematic dream a reality, by purchasing the Phi Delta Theta house at Drake University in Des Moines, IA. The 4,131-square-foot, eight-bedroom propert
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Legendary singer Billy Joel is having a roller-coaster ride on the real estate market of late—finding success with the sale of one home, while another has just undergone a hefty $4.9 million price cut. The 76-year-old crooner has been trying to sell a large portion of his Long Island estate since ea
Read More Stone Creek Ranch mansion sells for $31M after price cuts

Dan Dagesse, the head of a Northeast car dealership empire, sold his Stone Creek Ranch mansion for $30.5 million. It’s a steep price cut from the $47.5 million Degasse listed it for in May. Records show his LLC sold the home at 16101 Quiet Vista Circle in unincorporated Palm Beach County to David M
Read MoreNew York City Luxury Contracts Above $4 Million Outpace Decade-Long Thanksgiving Week Average

The holiday week showed no signs of slowing down in the city that never sleeps. Luxury sales in New York City topped $189,335,000 in total weekly asking price sales volume for the week ending Nov. 30, according to the Olshan Luxury Market Report. The shortened week, due to the Thanksgiving holiday,
Read MoreCalifornia infill builder turns idle lots into housing in land-constrained coastal markets

Coastal California, with its high property costs, unique geography, and acute local political and physical land-use constraints, presents among the most challenging market dynamics for homebuilding. Amid these difficulties, there are also opportunities to repurpose underutilized land in innovative w
Read MoreConnecticut rolls back zoning limits to target housing shortage

Connecticut will officially join other states in rolling back decades-old zoning limits to make ground-up homebuilding easier and more plentiful. Last Wednesday morning, Gov. Ned Lamont signed compromise legislation created during a special session in mid-November, months after he vetoed the origina
Read MoreeXp’s new framework signals a shift: Transparency isn’t optional anymore

The nation’s top brokerage by transaction side count, eXp Realty, first entered the forms business during the summer of 2024, as the real estate industry prepared for the business practice changes mandated by the National Association of Realtors’ (NAR) commission lawsuit settlement agreement. Nearly
Read MorePrologis sells fully leased industrial assets for $53M in softening market

Prologis lightened its South Florida industrial portfolio after selling three Broward County warehouses for $53.1 million. An affiliate of Arnet Pharmaceuticals, led by CEO Jose Tabacinic, acquired the industrial complex at 2501 to 2555 Davie Road in Davie from San Francisco-based Prologis, led by C
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Legendary singer Elton John set out to spread some Christmas cheer when he posted a festive social media video. However, rather than fostering some festive joy, the singer ended up causing a viral frenzy over the state of his oven. The 78-year-old took to Instagram to share a tongue-in-cheek clip fe
Read More Joy on the Runway: Baby Basics Fashion Show Shines

Baby Basics of Collier County held its annual Fashion Show on Friday, November 14, with over 250 men and women in attendance. The fundraising luncheon has become a seasonal favorite among supporters and raised over $100,000. to help families in need. The event brought together guests for an afternoo
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