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.
Bath Club condo asking $16M tops Miami-Dade luxe contracts

A unit at the Bath Club topped signed contracts in Miami-Dade County’s luxury market last week. Buyers signed 16 contracts in Miami-Dade between Oct. 6 and Oct. 12, according to the latest market report from Douglas Elliman’s Eklund-Gomes team. The report tracks contracts of homes and condos asking
Read MoreMiami has the world’s biggest housing bubble. Local experts reject that label
Miami has been ranked as the world’s most overvalued housing market, according to the 2025 UBS Global Real Estate Bubble Index. But Florida real estate leaders say the city’s fundamentals remain strong and the report misrepresents what’s really happening on the ground. The UBS index, which measures
Read MoreWashington, D.C. housing market steady as sellers keep edge

HW Data shows the Washington, D.C. housing market remains stable heading into mid-October, with modest sales volume and steady pricing. The District recorded 99 single-family home sales last week, reflecting a slower but consistent pace compared with early-year activity. The Market Action Index stoo
Read MorePublix bags another South Florida shopping center with $72M Kendall buy

Shopping for South Florida strip malls anchored by its stores is a pleasure for Publix. An affiliate of Lakeland-based Publix, led by CEO Kevin Murphy, paid $71.9 million for Hammocks Town Center, a 207,470-square-foot shopping center anchored by a Publix supermarket at 10201 Hammock Boulevard, reco
Read MoreNAR unveils new value proposition as it looks ahead

For the National Association of Realtors (NAR,) transparency is the name of the game and the trade group is starting this effort by unveiling parts of its 2026-2028 Strategic Plan, which will be presented and voted on by NAR’s executive committee this fall. In a letter sent to Realtor members by NAR
Read MorePHH Mortgage unveils revamped non-QM options

PHH Mortgage Corp., a subsidiary of Onity Group, on Monday introduced a new suite of nonqualified mortgage (non-QM) products designed to serve its correspondent lending partners and a wide range of nontraditional borrowers. The product suite, known as FlexIQ, is expected to launch Oct. 20, the compa
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Penn State has sacked longtime football coach James Franklin, bringing an end to his once-glittering 11-year run with the program. Franklin, 53, was fired by the school on Oct. 12, following the Nittany Lions' third straight loss of the season, with ESPN reporting that associate head coach Terry Smi
Read More Los Angeles home prices level off as new listings trend lower

The Los Angeles metro housing market remains tight, but prices show early signs of softening as new listings come in below current medians. HW Data shows about 1,437 single-family homes sold last week, underscoring steady demand even as affordability remains a challenge. The Market Action Index regi
Read MoreKushner advances development of 470-unit multifamily building and synagogue in Hollywood

Kushner Companies advanced a plan to develop a 470-unit multifamily building and a synagogue near the Seminole Hard Rock Hotel and Casino in Hollywood. The Hollywood City Commission last week approved a rezoning and a site plan for the development, which also would entail conversion of a historic ho
Read MoreNY couple claims Zillow, First Street’s climate risk data harmed home sale

Chappaqua, New York home sellers, married couple Andrew and Eri Uerkwitz, are claiming that flood risk data provided by First Street Technology accompanying their listing on Zillow is to blame for their home-selling woes, according to a story first published by the Daily Mail. In April 2025, the Uer
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It sounds just like the start of a great movie: Penny Adams of Eden, NC, won a $1.69 million jackpot earlier this month after placing a mere 50-cent bet, according to an NC Education Lottery press release. After required federal and state tax withholdings, she was awarded a whopping $1,218,323. When
Read More Florida Condo Owners Score Legal Victory in Fight Over $35,000 Special Assessment

A group of condo unit owners in Florida just won a legal victory against their own board in a fight over a whopping special assessment, after a judge ordered the association leadership to hand over all records and control to a new board. The owners and condo board at 1060 Brickell Condos, a two-towe
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Philadelphia Eagles star Za'Darius Smith has announced that he is retiring from the NFL—just one month after he signed a yearlong contract with the Pennsylvania-based team. The 33-year-old left football fans stunned when he revealed that he is hanging up his jersey for good, following the Eagles' sh
Read More Engel & Völkers expands to West Palm Beach

Engel & Völkers is expanding to West Palm Beach, marking its fifth office in Palm Beach County. The brokerage’s latest outpost will be led by license partners Enrique Vicente Urdaneta Alamo and José Antonio Oliveros Febres Cordero, both of whom have strong connections to Latin markets, according to
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In a perfect world, you’d be able to buy the perfect home in the perfect neighborhood at the perfect price. But we live in reality, and the truth is, with house prices still on the rise, many have chosen to focus on landing in a home, regardless of its location. After all, what's another 30 minutes
Read More Investor premiums are pricing out first-time homebuyers
Coupled with high mortgage rates and record-high home prices, real estate investors are also making it harder for first-time buyers to compete, according to new data from real estate analytics firm Cotality. Insights authored Oct. 10 by Thom Malone, Cotality’s principal economist, found that investo
Read MoreSan Francisco metro housing market remains highly competitive

The San Francisco metro area continues to show a competitive housing market in Oct. 2025. HW Data shows 662 single-family homes sold across the San Francisco metro area last week. The Market Action Index, a key indicator of housing activity, stands at 52.6 — a sign that demand is outpacing supply. I
Read MoreLendingTree CEO Doug Lebda killed in accident

Doug Lebda, the founder, chairman and CEO of LendingTree, died Sunday in an all-terrain vehicle accident, the company’s board of directors announced. “We are deeply saddened by the sudden passing of Doug,” the board said in a statement. “Doug was a visionary leader whose relentless drive, innovation
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HGTV star Christina Haack has renewed her bitter public spat with ex-husband Josh Hall—after he took to Instagram to make a thinly veiled jab at her. The post, which was shared to Hall's Instagram Story and has since expired, read, “Never argue with liars. You can’t win, because they believe their o
Read More Bipartisan Bill To Tackle the Housing Crisis Passes the Senate During Government Shutdown

A bipartisan bill aimed at making housing more affordable has passed the Senate in the middle of the federal government shutdown, in a sign that the urgency of the housing crisis is a rare issue that Democrats and Republicans can agree upon. The Senate passed the ROAD to Housing Act in a 77-20 vote
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