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.
Lender alleges Mainstreet at Tuttle’s bankruptcy filing is long-planned stall tactic

Fuse Group is aiming to derail developer Brian Tuttle’s strategy for keeping control of his Mainstreet at Tuttle development site in Royal Palm Beach. Fort Lauderdale-based Fuse, led by Eyal Peretz, on Sept. 29 filed a motion to dismiss a Chapter 11 petition in Miami federal court filed this month b
Read MoreAnne Winicki joins Scenic Sotheby’s International Realty in Florida

Florida-based Scenic Sotheby’s International Realty announced that Anne Winicki has joined the firm — following a standout career at Berkshire Hathaway HomeServices where she earned top accolades across Florida and the Gulf Coast region. Winicki built a reputation as one of the premier real estate p
Read MoreIllinois offers affordable entry points for first-time buyers

Illinois stands out for affordability as sales stay competitive. HW Data’s Oct. 3 report shows a statewide median list price of $317,000 with 16,108 active listings. The Market Action Index continues to lower and about 36% of active listings recorded a price reduction during the week. New supply tot
Read MoreALTA Good Deeds Foundation awards $105K in grants, honors late board chair

The American Land Title Association (ALTA) Good Deeds Foundation has awarded $105,000 in grants to nonprofit organizations across the country, the group announced Tuesday during ALTA ONE. That new round of giving brings the foundation’s total charitable contributions to $1,361,000 since its launch i
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Tarek and Heather El Moussa are breathing in some "fresh air" and relishing in "slow mornings" after escaping to a mountain cabin with their young son and their parents. Heather, 38, who tied the knot with Tarek, 44, in 2021, took to Instagram to share some heartwarming images from the couple's "hap
Read More Fed Officials Discussed Risk of Housing Market Collapse at Recent Meeting to Cut Interest Rates

Federal Reserve policymakers discussed the risk of a "substantial deterioration" in the housing market during their latest meeting to set interest rate policy, according to newly released minutes. During the September meeting, members of the Federal Open Markets Committee (FOMC) voted 11-1 for a qua
Read MoreCoStar economist details housing risks of extended government shutdown

As the U.S. government hits its seventh shutdown day under President Donald Trump, economists and real estate analysts are watching anxiously for cracks in the housing market. One week in, there is limited evidence of direct shutdown effects, but many warning signs and structural risks loom. Carl Go
Read MoreHELOC vs. Home Equity Loan: Which Move Makes the Most Sense as Rates Fall?

After years of rapid home price appreciation and historically low interest rates, nearly 50 million mortgage holders are now sitting on a mountain of tappable home equity. The average homeowner has $212,000 in equity, according to recent research from ICE Mortgage Technology. And with the Federal Re
Read MoreDRB Capital chairman sells waterfront Gulf Stream house for $16M

James Terlizzi, chairman of DRB Capital, sold his waterfront home in Gulf Stream for $15.9 million. Records show he and his wife, Laura Terlizzi, sold their house at 8 Driftwood Landing to Zee El Ocho LLC, a Florida entity managed by Benjamin J. Bavly. He is CEO of Chestnut Hill, Massachusetts-base
Read MoreWhen Moving Home To Care for Your Parents Saves the Family Home—and When It Doesn’t

At some point, many of us become aware that our parents, who acted as our caregivers and mentors throughout our lives, are now the ones who need to be cared for. Whether they are dealing with illness, infirmity, or other issues that plague us in old age, one silver lining of moving home to care for
Read MoreZillow’s ChatGPT integration could redefine — or violate — MLS policies

Zillow made waves on Monday when it announced an app integration with OpenAI’s ChatGPT. Through the integration, consumers can type a description of what they’re looking for in a property into ChatGPT, and it will provide them with listings complete with photos, maps and pricing, all powered by Zill
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"The View" host Alyssa Farah Griffin has revealed that she is expecting her first child—a baby boy—with husband Justin Griffin, after enduring a heartwrenching battle with infertility that saw her go through five rounds of IVF in just two years. Alyssa, 36, shared the joyful news of her pregnancy li
Read More Developer sells 50-unit apartment complex in Miami Gardens for $19M

The developer of a 50-unit apartment complex in Miami Gardens sold the property for $18.5 million, amid an uptick in South Florida multifamily investment sales. An entity tied to Ronny Ackermann and Jose Rimsky of Hollywood sold The Villages at Miami Gardens at 3400 Northwest 191st Street, accordin
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Comedian Aubrey Plaza has revealed the powerful childhood lesson that helps her to move past hardships—as she continues to deal with the "giant ocean" of grief over the death of her husband, Jeff Baena. Plaza, 41, has kept a relatively low profile since her husband died by suicide at the age of 47 i
Read More David vs. Goliath: why the Compass–Anywhere deal is a win for the little guys

As the real estate world absorbs the news of Compass’s acquisition of Anywhere — the conglomerate behind some of the industry’s biggest names like Coldwell Banker, Sotheby’s, Century 21 and Corcoran — it’s worth pausing to consider what this means for the rest of us brokerage owners. I’m speaking fr
Read MoreHigh rents and growing inventory create room to convert renters

Rent prices remain high as for-sale supply expands. HW Data shows median rent holding at $2,295, while the for-sale side offers more room to maneuver. The median list price is $444,900 and active inventory stands at 863,972 homes nationwide, giving buyers more choice than earlier in the year. For-sa
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Actress Julia Roberts has revealed that the entire cast and the director of her upcoming movie, "After the Hunt," resided in her home for "weeks" in a bid to bond—adding that her husband, Danny Moder, helped them out by cooking meals so they could focus on their work. The "Stepmom" alum, 57, sat dow
Read More 14 spooktacular Halloween real estate marketing ideas

It’s almost that time of year! The leaves are starting to turn, kids are back in school and the fall real estate market is in full swing. We have only three months until the end of the year, so if you’re looking to close a few more deals and fill your pipeline for the spring, the time to put in the
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Retirees in New York face one of the steepest financial gaps in the nation when relying solely on Social Security. According to a Realtor.com® analysis of median Social Security benefits by state and the Elder Economic Security Standard Index, the typical retiree in New York experiences an annual sh
Read More The longer the shutdown continues, the greater the impact on housing

As the federal government shutdown continues, the consequences for the housing market and the broader economy grow more serious by the day. Real estate accounts for nearly 20% of the U.S. economy, touching every community and driving millions of jobs. Each additional day of uncertainty threatens pro
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