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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Real estate mogul Barbara Corcoran has proudly revealed a sneak peek inside her new $16 million Manhattan penthouse—while opening up about her plans to renovate the opulent space. The "Shark Tank" star, 76, announced plans for a city relocation earlier this year when she listed her longtime penthous
Read More South Florida by the numbers: One giant leap

“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. Last month, it was a house strapped to a skyward rocket, (with a poor real estate agent hanging on for dear life). This month, the house is blasting into the skies all on it
Read MoreU.S. Plunges Into Deep Freeze Over Thanksgiving, Just as Old Farmer’s Almanac Predicted

Potatoes, pie, and precipitation. That’s what awaits much of the country this Thanksgiving. The Old Farmer’s Almanac released its end-of-month weather predictions earlier this month, and now forecasters are seeing its predictions materialize. No matter where you live in the country or where you’re t
Read MoreAl Adelson, Morrison family tap Douglas Elliman for Berkeley condo sales in West Palm Beach

A year after launching the Berkeley, Al Adelson and the Morrison family’s Sympatico Real Estate brought in Douglas Elliman to lead sales for the West Palm Beach condo project. Adelson, who is known for developing the waterfront Bristol tower in West Palm Beach, and the Morrisons have partnered with
Read MoreNew-Construction Homes Make a Comeback—and Prices Drop in 2 Hot Regions

The premium for buying new is fading fast. The price gap between new and existing homes just hit a record third-quarter low, and builders are doubling down with incentives that lower mortgage rates and reduce upfront costs. New-construction homes appear to have the edge in the South and West in part
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A Marion Sims Wyeth-designed compound in Palm Beach's Estate Section has just hit the market for $59 million—just over a year after it was purchased by two neighbors who planned to raze the Florida property and split the parcel to expand their respective dwellings. The nine-bedroom estate, which is
Read More Florida Condo Prices See Sharpest Drop in 15 Years—as Insurance and HOA Costs Surge

Rising homeowners association fees and insurance premiums are putting the squeeze on Florida's condo owners. As a result, condo prices are sinking. In August 2025, the median sale price for a Florida condo was $285,000, down 8.1% from a year earlier and 14% below the July 2023 peak, according to Rea
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Following Home Depot’s announcement that its third-quarter earnings were down year over year, competitor Lowe’s saw its stock up nearly 6%. Why? Perhaps it has something to do with the home improvement chain's optimistic outlook for the industry in the coming year. CEO Marvin Ellison told Yahoo Fin
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Home renovations icon Joanna Gaines is going big and going home this holiday season—at least when it comes to her family's spectacular Christmas tree, which she proudly unveiled to her fans this weekend as it was installed inside her Texas farmhouse. The 47-year-old "Fixer Upper" star, who lives in
Read More Trump’s DOGE Office Shutters, but Federal Workers Aren’t Exempt From More Cuts—Here’s What’s Next

The U.S. Department of Government Efficiency (DOGE), once touted as the Trump administration's tip of the spear against waste, fraud, and corruption, has quietly ceased to exist—at least as a coordinated agency. When it was launched in late January, DOGE—initially helmed by Tesla billionaire—and asp
Read MoreNYC Luxury Home Sales Rise as Sponsor Units Make Up Half of the Deals

The New York City luxury market remains robust as 2025 is drawing to a close. Last week, 29 contracts at $4 million and above were signed in Manhattan, four more than the previous week and only three short of this time last year. While luxury sales hit a high in 2021 with 164 signings with an averag
Read MoreFormer HGTV Star Egypt Sherrod Marks Major Career Milestone—After Network Canceled Her Show

"Married to Real Estate" stars Egypt Sherrod and Mike Jackson are not letting the axing of their HGTV show stop them from pursuing other career successes—celebrating two major professional achievements on the same night, just weeks after their series was canceled. Interior design expert and real est
Read MoreArrested Brazilian banker revealed as owner of $85M Bay Point estate in Miami: sources

The Brazilian banker who was arrested last week as part of what authorities allege is a multibillion-dollar fraud is the owner of a waterfront estate in Miami, and linked to other properties in South Florida, The Real Deal has learned. Banco Master’s CEO and majority shareholder, Daniel Vorcaro, is
Read MoreJungle king: Billionaire Larry Ellison pays $30M for Lion Country Safari

Billionaire Larry Ellison is the new jungle king lording over Palm Beach County’s Lion Country Safari. An entity with the same Walnut Creek, California address as the Larry Ellison Foundation paid $30 million for the 254.2-acre property at 2003 Lion Country Safari Road, records and real estate datab
Read MoreThe Old Farmer’s Almanac Predicts a Warm and Dry Winter for Most Iowa Homeowners

The Old Farmer’s Almanac has released its 2025–2026 Winter Forecast, describing the national outlook as “mostly mild—with pockets of wild.” Editor Carol Connare explains that “most areas will experience near-normal to slightly milder temperatures,” though a few chilly bursts may still roll across th
Read MoreFort Partners sells oceanfront Seaway penthouse for record $86M

Nadim Ashi’s Fort Partners sold an oceanfront penthouse at its Seaway at the Surf Club for $86 million, making it the most expensive condo ever sold in Miami-Dade County. Records show the Fort Partners affiliate SCR Residences LLC sold unit PH-11 at 9149 Collins Avenue in Surfside to Surfclub 11 LL
Read MoreHave an Underwater Mortgage? These Solutions Can Help You Come Up for Air

If you've found yourself unable to afford your mortgage payments, you're not alone. In the real estate world, many people refer to this as an underwater mortgage. So what does that all-too-common euphemism actually mean, and what are your options? According to a Cotality 2025 home equity report, nea
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A New Jersey home is drawing attention for its price tag. The 22,000-square-foot estate that was recently sold for $6 million became the highest-priced home ever to sell in Wall Township. The listing agent, Sal Ventre of REAL Brokerage, calls the incredible property "a residential resort." Wall Town
Read More Judge Throws Out New York AG Letitia James’ Federal Fraud Indictment

The federal fraud indictment against New York Attorney General Letitia James was dismissed by a federal judge on Monday. "The Attorney General's attempt to install Ms. Halligan as Interim U.S. Attorney for the Eastern District of Virginia was invalid," U.S. District Court Judge Cameron McGowan Curri
Read MoreRetired and Own a Home? Your Year-End Required Withdrawals Could Make or Break Your Finances

Juggling finances in retirement can be tricky. Living on a fixed income means making careful money moves without a steady paycheck. If you’ve planned appropriately, you likely have several pools of money to draw from, including Social Security and retirement accounts you’ve been funding for years.
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