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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Gold is having a moment as prices soared to new highs just as the U.S. government entered its first shutdown in almost seven years. The price of gold topped $4,200 for the first time ever on Thursday, leaving many to wonder if it has become the most solid investment as of today. Though high mortgage
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The North Carolina dwelling that served as the home of TV character Dawson Leery in the hit series "Dawson's Creek" has come to the market for $3.25 million—listing for the very first time since the iconic show ended in 2003. Located in Wilmington, NC, where much of the show was filmed, the four-bed
Read More Price revealed: The Weeknd pays record $50M for Gables Estates mansion

The Weeknd closed on a waterfront mansion in gated Gables Estates for $50 million, making it the most expensive home ever sold in Coral Gables. Brokers confirmed that the sale of the estate at 41 Arvida Parkway closed for $50 million, although the deed has not yet appeared in public records. The Rea
Read MoreGovernment Shutdown Could Stall These 5 State Economies Where Real Estate Is King

Now entering its third week and with no end in sight, the effects of the government shutdown are being felt across the country. But some states are feeling the hurt far more than others. It’s estimated that the shutdown is costing the economy $400 million per day. In total, 900,000 federal employe
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An exceptional beachfront residence in Maine that was designed to perfectly frame the sunrise over the ocean has hit the market for $4.45 million—complete with its own private boardwalk down to the sand. The dwelling, which is located in Scarborough, ME, was originally built in 1958 but has been slo
Read More Home Sellers in These 5 Metros Are Seeing Profits as High as 60%

Good news for sellers after a slow summer: Home sale profits are way up in certain metros. Overall, these five metros had the largest annual profit gains in the country: St. George, UT; Gulfport, MS; Augusta, SC; Lexington, KY; and Dayton, OH. The typical home sale netted $123,100 in raw profit in t
Read MoreFlyers once viewed airport biometrics with fear and skepticism. Now they prefer it

Biometric screenings at airports are now preferred and expected by travelers, despite lingering concerns, according to a global survey.
Read MoreBillionaire-Backed Group California Forever Unveils Master Plan for ‘Next Great American City’

An ambitious real estate consortium known as California Forever has unveiled its detailed 40-year master plan to build a vast new community from scratch on former farmland northeast of San Francisco. California Forever CEO Jan Sramek touted the plan as a key step in creating "the next great American
Read More‘Magnificent’ Turn-of-the-Century Victorian Manor Hits the Market in Virginia for $1 Million

A stately Virginia home that serves as both a time capsule of turn-of-the-century living and a modern sanctuary has hit the market for $1 million—complete with an array of incredible original design features that date back more than 100 years. The Norfolk, VA, abode was built in 1900 but underwent a
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When TV host Kelly Ripa's daughter, Lola, moved to London, she likely expected that any trip made back to her family home in New York would result in an open-armed welcome from her parents—until, that is, she visited her mom and dad during a particularly tense NFL game. Kelly, 55, opened up about he
Read More Terra and New Valley nab $130M refi for northwest Miami-Dade multifamily project

Terra and New Valley landed a $129.7 million refinancing for Natura Gardens, a 460-unit apartment community in northwest Miami-Dade County. New York Life Insurance Company and an affiliate of Blackstone provided the loan for the complex at 17351 Northwest 94th Court near Hialeah, according to a stat
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Pop star Britney Spears' ex-husband Kevin Federline has aired several sensational allegations about his former spouse—alleging that their sons were left too scared to visit their mother at home after waking on one occasion to find her standing in their room "with a knife in her hand." Federline, 47,
Read More Historic California Housing Bill Could Bring More Apartment Buildings Near Transit

California Gov. Gavin Newsom has signed a bill into law clearing the way for the construction of more multistory apartment buildings near high-traffic mass transit stops in several major metros, part of the state’s effort to ease its severe housing crisis. The landmark legislation, known as Senate
Read MoreRetirement Math Is Failing Homeowners: Goldman Sachs Warns of a Growing ‘Financial Vortex’

The constant refrain in recent years has been that homeownership is out of reach for many. Between housing costs rising, obstacles with insurance, and inflation not slowing down, young people are struggling to save the money needed to get started in their home journey and older folks feel priced out
Read MoreCrescent Heights scores $238M refi for luxury 588-unit apartment tower in Edgewater

Crescent Heights scored a $238.4 million refinancing for the luxury 588-unit Forma Miami apartment tower in Edgewater. The deal marks a continuing lending flurry in South Florida, despite elevated interest rates. Crescent Heights –– led by Russell Galbut, Sonny Kahn and Bruce Menin –– completed th
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Reality TV fans are about to get the ultimate on-screen collaboration when a group of former "Bachelor" stars turn their talents to home renovations in an HGTV series that will see them overhauling the iconic dating show mansion in California. A dozen favorites from ABC's "The Bachelor" franchise wi
Read More Hold up! Judge temporarily blocks Miami land deal for Trump library

A judge temporarily halted the planned transfer of a valuable downtown Miami parcel slated for President Donald Trump’s future presidential library, intervening in a high-profile land deal involving public property. Miami-Dade Circuit Judge Mavel Ruiz issued the temporary injunction on Tuesday, the
Read More5 Common Spending Mistakes Homeowners Make in the First 5 Years of Retirement

No matter how ready you feel for retirement, adjusting to life after work takes time—especially when it comes to money. There are some common spending mistakes newly retired homeowners make that can lead to financial trouble down the line. With a bit of foresight and planning, though, experts agree
Read MoreKristi Noem’s shutdown airport video may violate Hatch Act, Sen. Cantwell warns

Multiple airports refuse to show Homeland Security Secretary Kristi Noem's video blaming Democrats for the government shutdown because of its political tone.
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Pittsburgh Steelers star Jalen Ramsey has offloaded his sprawling Nashville, TN, condo for $3.75 million—having gone into contract with a buyer just 11 days after he listed the property. The four-bedroom, 3.5-bathroom abode measures 3,323 square feet and is situated in the prestigious Poston at the
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