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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Comedian Cheryl Hines has lifted the lid on how husband Robert F. Kennedy Jr.'s political career—and divisive health care views—have impacted her own life, admitting that they once grew so afraid for their safety that her spouse suggested staging a separation in a bid to stop his critics from attack
Read More Amancio Ortega closes on Brickell tower for $274M –– biggest South Florida office deal this year

Spanish billionaire Amancio Ortega completed his $274.4 million purchase of Sabadell Financial Center in Brickell, marking the biggest office deal in South Florida so far this year. Ortega’s Ponte Gadea investment family office bought the 30-story tower at 1111 Brickell Avenue in Miami from New Yor
Read MoreIs it possible for the GSEs to exit conservatorship without market disruption?

As Fannie Mae and Freddie Mac inch toward a possible release from federal conservatorship, industry leaders on Tuesday discussed potential paths for the government-sponsored enterprises (GSEs), emphasizing the need for market stability and competition. The GSEs’ possible release and the timing of a
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For retirees in Rhode Island, Social Security alone isn’t nearly enough to cover the cost of living—even with the mortgage paid off. According to a Realtor.com® analysis of median Social Security benefits by state and the Elder Economic Security Standard Index, the typical retiree in Rhode Island fa
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An arrest has been made in connection with the devastating Palisades Fire that swept through Los Angeles County last January. Jonathan Rinderknecht, 29, aka “Jonathan Rinder” and “Jon Rinder,” of Melbourne, FL, is charged with destruction of property by means of fire, according to the U.S. Attorney'
Read More A Nor’easter Will Target East Coast Homeowners This Weekend: How Coastal Homes Should Prepare

While Tropical Storm Jerry is brewing in the South Atlantic, just waiting to turn into a hurricane, a very different type of storm is forecast to slam into the East Coast this weekend. Thankfully, it doesn’t look like you’ll need the snow boots, though. Meteorologists are forecasting that a nor'ea
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Retirees in Connecticut face one of the widest financial gaps in the nation if they rely solely on Social Security to cover their expenses. According to a Realtor.com® analysis of median Social Security benefits by state and the Elder Economic Security Standard Index, seniors in the Nutmeg State hav
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Country music icon Dolly Parton's fans have been left fearing for her health after her sister, Freida Parton, asked them to "pray" for the singer amid undisclosed "health challenges" that appear to have prompted the sudden postponement of her Las Vegas residency. Mere days after the "9 to 5" hitmake
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Late Sen. Ted Kennedy's former spouse, Joan Bennett Kennedy, has died at the age of 89 inside her Boston home—more than four decades after ending her embittered marriage to the political scion. According to an online obituary, Joan, who shared three children with her ex-husband, "passed away peacefu
Read More Conflict on Brickell Key: Planned $34M seawall project raises concerns over who’s paying the bill

When Emelia Arencibia moved to Brickell Key in 2016, she thought that her one-bedroom condo would mark her final home. Then, she had to cover her share of a large assessment to pay for upgrades and repairs to her building after the deadly Surfside condo collapse in 2021. Arencibia’s share of the as
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Retirees in New Hampshire face some of the highest deficits in the nation when trying to live on Social Security alone. According to a Realtor.com® analysis of median Social Security benefits by state and the Elder Economic Security Standard Index, the average retiree in the Granite State has an ann
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Retirees in Alaska face one of the harshest financial gaps in the nation when attempting to live on Social Security alone. According to a Realtor.com® analysis of median Social Security benefits by state and the Elder Economic Security Standard Index, the average retiree in Alaska experiences an ann
Read More River Oaks dives into Miami Design District with $27M retail buy

Nine months after planting a flag in South Beach, River Oaks Properties is now staking its place in the Miami Design District. An affiliate of El Paso, Texas-based River Oaks, led by President Adam Frank, paid $27 million for a retail building at 111 Northeast 40th Street, records show. The propert
Read MoreMortgage Applications Today: Home Loan Demand Slips Again as Mortgage Rates Edge Higher

Mortgage applications decreased another week by 4.7% for the week ending Oct. 3, according to the Mortgage Bankers Association. The decrease comes as the government shutdown is in its second week and mortgage rates ticked up again. The average mortgage rate on a 30-year fixed home loan increased to
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"Shark Tank" star Barbara Corcoran has officially offloaded her iconic New York City apartment—securing an offer that was $1.5 million over her original asking price. Corcoran, 76, originally put the palatial penthouse on the market in May, with reports later revealing that she had secured a buyer f
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A historical 1870s church that has been painstakingly converted into a charming Hudson Valley retreat has made a resounding return to the market—complete with a $710,000 price chop. Known as The Rifton, the 4,596-square-foot stone structure in Rifton, NY, is owned by Rony Zeidan, founder and chief c
Read More Single-Family vs. Multifamily Homes—Which Builds Equity Faster?

The single-family home has long been the cornerstone of the American dream—and for decades, it’s delivered some of the strongest returns on investment in real estate. But as affordability slips out of reach and the price of some starter homes climbs into the millions, that dream is starting to splin
Read MoreAs Flood Maps Shift, So Do Homebuyers—and It’s Changing Which Homes Sell the Fastest

When the federal government shut down at midnight on Sept. 30, authorization for the National Flood Insurance Program expired—putting coverage for nearly 5 million homes in limbo. The lapse also jeopardized an estimated 1,300 home closings every day, according to data from the National Association o
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A quirky Austin, TX, abode showcasing a blend of architectural styles within its unique two-structure setup has hit the market for $795,000 after being "celebrated in books and articles" for its distinctive design. The three-bedroom, three-bathroom compound in Central East Austin includes the main h
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Maroon 5 frontman Adam Levine and his wife, supermodel Behati Prinsloo, are set to make another incredibly lucrative real estate deal after finding a buyer for their extraordinary Montecito estate—just three months after putting the property on the market for $65 million. Levine, 46, and Prinsloo, 3
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