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.
Four Seasons Resort Peninsula Papagayo Exudes Costa Rican Splendor

In Costa Rica’s stunning Peninsula Papagayo, forest, ocean, design, and hospitality converge at the Four Seasons. Photo courtesy of Four Seasons Resort Peninsula Papagayo When the Four Seasons debuted on Peninsula Papagayo in 2004, it shifted the trajectory of Costa Rican tourism, trailblazing baref
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Country music star Zach Bryan's ex-girlfriend, Brianna "Chickenfry" LaPaglia, is attempting to flee the bitter New York weather—and her bitter breakup—by moving to Australia, where she plans to ride out the winter months on a beach. LaPaglia, 26, shared the news on her TikTok account, where she reve
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Jim Breuer reflects on climbing the comedy ladder, settling into Naples, and keeping the laughs coming. Photo by Nick Shirghio NI: Let’s start with some basics. Where did you spend your childhood? Breuer: Valley Stream, New York, in Long Island. I lived there until 1987. From 5 years old, I grew up
Read More New Jersey Is Failing in Affordability and Homebuilding: Can the Next Governor Change Course?

New Jersey’s housing market faces an all-too-familiar problem: too few homes and too many barriers to building them. The state earned a C- on the Realtor.com® State-by-State Housing Report Card, signaling a tough mix of high costs and limited construction. The analysis, part of the Let America Build
Read MoreVideo Shows Hurricane Melissa Powerful Impact on Jamaica Before Slamming Cuba With Torrential Rain

The most powerful Atlantic hurricane of 2025 has made landfall in Cuba, after the Category 5 tore a destructive path through Jamaica the say before. Currently, Melissa is making its way across Cuba as a Category 2 storm, but despite the downgrade in strength, the hurricane is expected to make a last
Read MorePatty and Jay Baker Inspire New Children’s Book

Bryce Alexander presents the first draft of the book to Patty and Jay Baker. Photo courtesy of The Naples Players Naples philanthropists Patty and Jay Baker are the inspiration for a new children’s book by Bryce and Katie Alexander, with illustrations by Brittany Sundgren. The Bakers by the Sea shar
Read MorePending Home Sales Remain Flat in September Despite Falling Mortgage Rates

Pending home sales remained flat in September despite a healthy decline in mortgage rates, in an early sign of continued weakness for the fall home buying season. Signed contracts for existing homes were unchanged last month from August, and down 0.9% from a year ago, according to data released Wedn
Read MoreMiami Beach Mayor Steven Meiner’s PAC racks up real estate, hospitality donations

Steven Meiner rode into the Miami Beach mayor’s office in 2023 after beating his former city commission colleague, Michael Gongora, in a run-off. Meiner made good on one of his campaign promises to make it a little harder for developers to seek more density for their projects. Last year, the city c
Read MoreSaddle Up for the Bootstrap Boogie Barn Dance

The twentieth annual Bootstrap Boogie Barn Dance fundraiser returns November 8. Photo courtesy of Naples Therapeutic Riding Center The Naples Therapeutic Riding Center will host an evening of Western elegance at the twentieth annual Bootstrap Boogie Barn Dance fundraiser, presented by Health Care Lo
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Hurricane Melissa made landfall in Cuba Wednesday morning as an "extremely dangerous" Category 3 hurricane, the National Hurricane Center in Miami said. This after the storm strengthened to a Category 5 hurricane early Monday morning and made landfall in Jamaica Tuesday. As the strongest hurricane i
Read More Mortgage Applications Today: Home Loan Demand Rebounds After Rates Hit Lowest Level in Over a Year

The demand for home loans rebounded with a 7.1% increase for the week ending Oct. 24, according to the Mortgage Bankers Association (MBA). It's a turnaround from a week ago when mortgage applications decreased by 0.3%. The surge comes as mortgage interest rates dropped to 6.19%, the lowest level in
Read MoreHistoric $4 Million Sag Harbor Cottage Is the Ultimate Blend of Old-World Charm and Modern Luxury

A charming Sag Harbor, NY, cottage that was built in 1840 has hit the market for $3.99 million—serving as a shining example of how history and modern magnificence can blend to create a truly picture-perfect abode. Located on a leafy street in the heart of Sag Harbor Village, 233 Madison Street, whic
Read MoreAs Fed Weighs Interest Rate Cut To Boost Labor Market, Layoffs Mount at Amazon, UPS, and Target

Even as Federal Reserve officials deliberate this week on interest rate policy, major employers including Amazon, UPS, and Target are announcing significant layoffs that may heighten the urgency for a rate cut. On Tuesday, as Fed Chair Jerome Powell and other members of the rate-setting Federal Open
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A "trailblazing" tiny tower that measures six stories high—and just 12 feet wide—has hit the market in Philadelphia's bustling Brewerytown for a price that is as petite as its compact footprint. Listed for just $395,000, the 38-foot "miniskyscraper," which has soared to the top of the week's most po
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Palm Beach's "trash kingpin" is looking to clean up with the sale of his waterfront megamansion—listing the dwelling for the sky-high price of $59.5 million, just weeks after he sold off another nearby property for $38 million. Waste management tycoon and prominent Trump donor Anthony Lomangino purc
Read More California’s New Redistricting Maps Could Quietly Reshape Real Estate Markets

A highly contentious issue is in the hands of voters in California. Eligible residents are going to the polls in a special election Nov. 4 to decide whether to approve Proposition 50—a proposal to temporarily redraw the state's congressional district lines. The Golden State hopes to offset a move by
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Homebuyers, start your engines and get ready to race to the real estate finish line—where the chance to snap up a "legendary" Lake Norman property owned by none other than NASCAR superstar Robby Gordon awaits. The "one of a kind" estate in Cornelius, NC, has just sped onto the market for $3.4 millio
Read More Miami market pivots: Where does your business go from here?

Miami market pivots: Where does your business go from here? Miami’s real estate market is approaching a critical point. High interest rates have stalled or canceled major projects in the office and condo sectors, and developers are searching far and wide for fresh equity. Multifamily owners are deal
Read MoreTerra, Frisbie scale back controversial One Boca megaproject proposal

Terra and Frisbie Group presented a scaled back plan for their proposed One Boca megaproject in Boca Raton, slashing the housing and office components in the development. It marks the latest iteration of the developers’ February plan to redevelop Boca Raton’s city government campus at 201 West Palme
Read More13th Floor, partners score $139M refi for 420-unit apartment complex in Delray Beach

13th Floor Investments and its partners scored a $139 million refinancing for a 420-unit apartment complex in Delray Beach, amid a continuing lending flurry in South Florida. Coconut Grove-based 13th Floor, Brickell-based Key International, West Palm Beach-based Wexford Real Estate Investors and Bo
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