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.
-

Luxury automaker Aston Martin is speeding into real estate again, this time with a brand-new, ultrahigh-end residential project in racetrack haven Daytona Beach, FL. The high-rise condominium is set to transform the Daytona oceanfront, known more for its spring break parties that thousands of colleg
Read More Andrew Korge cancels $28M offer for former Rishi Kapoor dev site

Andrew Korge terminated his firm’s $28.2 million offer for a stalled mixed-use project site in Coconut Grove tied to disgraced developer Rishi Kapoor. An affiliate of Korge’s Miami-based KOR Development walked away from the potential purchase of the development site at 3120-3170 Commodore Plaza, a
Read More-

Taylor Swift and Travis Kelce are said to have been making some significant progress on their wedding plans—with the latest reports suggesting that they have not only set a date for the big day, but have also landed on an incredibly iconic venue for their nuptials. Rumors first began circulating on
Read More Carlos de la Cruz sells waterfront Key Biscayne mansion for $24M

Coca-Cola bottling mogul and art collector Carlos de la Cruz Sr. sold his waterfront Key Biscayne mansion for $23.5 million. Records show de la Cruz sold the house at 5 Harbor Point to an entity named for the address and managed by Alvaro Castro Mendivil Pinillos, the head of a Peruvian construction
Read More-

Soccer star Lionel Messi has signed a three-year contract extension with Inter Miami FC that sees him committing to the Florida-based team through 2028—just months after he solidified his commitment to life in the Sunshine State by snapping up four luxurious multimillion-dollar condos. Messi, 38, in
Read More How Homeowners Can File for Bankruptcy Without Losing Their House

For many homeowners facing financial distress, the biggest question isn’t just how to get out of debt—it’s whether filing for bankruptcy means losing their home. The answer depends on several factors, including the type of bankruptcy, how much equity you have, and whether you’re current on your mort
Read MoreBuyer revealed: Dollar General heir buys $22M Gulf Stream Vanderbilt estate

Jay Turner, a developer and scion of the Dollar General family with ties to Vanderbilt University, is revealed as the buyer of the oceanfront Vanderbilt estate in Gulf Stream known as “Miradero.” Records show Turner’s Commodore Gulfstream LLC dropped $21.6 million on the compound at 1443 North Ocean
Read More-

NBA coach and former Hall of Famer Chauncey Billups has been arrested over claims he was involved in an illegal poker scheme that had ties to the Mafia. The 49-year-old Portland Trail Blazers head coach was taken into custody in Portland, OR, on Thursday morning, just hours after his team suffered a
Read More Sergio Pino’s widow, brother settle battle over late developer’s estate

A Miami-Dade judge approved a settlement agreement between Tatiana Pino’s family and her brother-in-law Carlos Pino over the multimillion-dollar estate of the late Sergio Pino. Sergio Pino, the founder and former CEO of Century Homebuilders Group, died by suicide last year as the FBI was closing in
Read MoreDon Jr. Warns New York City Will ‘Go Down in Flames’ If Zohran Mamdani Is Elected

Donald Trump Jr. is sounding the alarm on what he calls New York City’s looming decline under Democratic leadership. Appearing on "Fox & Friends," the businessman and political commentator warned that the city’s future could be in jeopardy if state Assemblyman Zohran Mamdani—now the Democratic nomin
Read MoreBuyers And Sellers Cautiously Return to the Market as Mortgage Rates Fall

Temperatures may be dropping, but the fall housing market is heating up, with both buyers and sellers making a cautious comeback driven by easing mortgage rates. Following a sluggish summer and lackluster early fall, buyer activity looks to be finally picking up, with homes now spending just four da
Read MoreUnexpected Cold Snap: Millions of Homeowners To See Freeze Warnings Weeks Ahead of Schedule

Fall may be officially over for parts of the Midwest, as temperatures plummeted Thursday, with some places experiencing a hard freeze well before it was expected. According to the NWS, a freeze warning went into effect from midnight to 2 a.m. Thursday in parts of Iowa, Illinois, and Nebraska. The de
Read MoreMortgage Interest Rates Today: Mortgage Rates Plunge to 6.19%—Marking Lowest Level in Over a Year

Mortgage rates fell Thursday to their lowest level in over a year, driven by a drop in 10-year Treasury yields amid general economic uncertainty intensified by the ongoing federal government shutdown. The average rate on 30-year fixed home loans declined to 6.19% for the week ending Oct. 23, down fr
Read More-

Kim Kardashian has admitted that she suffered from "Stockholm syndrome" during her tumultuous marriage to rapper Kanye West—revealing that the stress of their divorce left her with a myriad of health issues, including a brain aneurysm. The 45-year-old SKIMS founder opened up about her seven-year mar
Read More -

A stunning Beverly Hills dwelling that was meticulously renovated by late Hollywood legend Diane Keaton has hit the market for $25 million—weeks after the "Annie Hall" star died from pneumonia at the age of 79. The property, which was once featured on the cover of Architectural Digest, was purchased
Read More American Airlines hires industry veteran to lead commercial team as profits trail rivals

Pieper has worked at Delta, Alaska and most recently at the Oneworld alliance.
Read MoreHere’s The Truth About Scoring a Mortgage Rate Below 6% Right Now

"When mortgage rates fall below 6%..." With affordability top of mind, time and again, agents and lenders are hearing that rates need to come down for buyers to come off the sidelines. And yet, for the better part of the past year, mortgage rates have hovered around the mid-6% range. On Thursday, m
Read MoreMiami mayoral candidates jockey for real estate donations

After city leaders lost a summer-long legal skirmish to postpone Miami’s November election to next year, the mayor’s race and two city commission races are back on. Now, all eyes are on the battle royale to replace termed out incumbent mayor Francis Suarez, in a fight featuring 13 contenders. Seven
Read MoreExisting-Home Sales Rise 1.5% in September as Falling Mortgage Rates Boost Demand

September saw a boost in sales of previously owned homes. Existing-home sales increased by 1.5% month-over-month in September, according to the National Association of Realtors®—and a 4.1% increase year over year. “As anticipated, falling mortgage rates are lifting home sales,” said NAR Chief Econom
Read MoreAtlantic Pacific, Catholic church propose 600 affordable apartments in Leisure City

Atlantic Pacific Companies and the Archdiocese of Miami want to develop a 600-unit affordable apartment complex next to the St. Martin de Porres Catholic Church in Leisure City. Miami-based Atlantic Pacific and the Archdiocese of Miami propose the complex with five apartment buildings with roughly
Read More
Categories
Recent Posts










