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.
Government Shutdown Adds Uncertainty to Housing Market as Mortgage Rates Tick Up Again

The federal government shut down this week for the first time in more than seven years. That last 35-day episode caused home sales to ebb, though they rebounded afterward. The shutdown directly affects some transactions because the National Flood Insurance Program stops issuing new policies. The ma
Read MoreGeorgia metros show sharp divide in days on market

Georgia’s housing market presents stark contrasts. The state reports a median 70 days on market for single-family homes. HW Data highlights a sharp divide, with some Georgia metros selling in weeks while others take months to turn. Quick-selling metros Hinesville-Fort Stewart leads the state’s large
Read MoreTreo lands $132M refi for VOX UM student housing near UM

Treo Group landed $132 million in refinancing for its student housing projects near the University of Miami’s Coral Gables campus. Miami-based Ocean Bank provided the financing for the projects, dubbed Vox I and II, according to a press release. The two-building complex at 7025 and 7175 Southwest 5
Read MoreTishman Speyer pays $125M for 270-unit apartment complex in Boca Raton

Tishman Speyer bought a 270-unit apartment complex in Boca Raton for $124.5 million. New York-based Tishman Speyer bought the Bell at Broken Sound Apartments at 5500 Broken Sound Boulevard Northwest and 950 Northwest Broken Sound Parkway from Greensboro, North Carolina-based Bell Partners, accordin
Read MoreInventory-heavy states show wide gaps in sales speed

In the national housing market, states with the most active listings show wide differences in how quickly homes sell. HW Data shows California moving inventory the fastest, while Florida and Texas take longer despite carrying larger supply. California sets the pace California carries 57,065 active l
Read MoreCourt dismisses N.J. mayors’ challenge to affordable housing law

A New Jersey Superior Court judge has dismissed lawsuits from a coalition of state municipalities seeking to overturn a new affordable housing law — dealing a major setback to opponents of the policy. Assignment Judge Robert Lougy on Tuesday rejected two suits filed by the Local Leaders for Responsi
Read MoreThe ‘Mamdani Effect’ Is Boosting the Palm Beach Real Estate Market

As New York City’s mayoral race heats up ahead of the November election, wealthy residents are already eyeing the exits. Zohran Mamdani—the Democratic Socialist leading in the polls following his surprise win in the June primary—has ignited new anxiety among top earners because of his sweeping housi
Read MoreNew tariffs on wood, furniture raise fears of higher housing costs

President Donald Trump’s decision to impose steep new tariffs on imported wood, furniture and home fixtures is drawing criticism from economists, builders and housing experts who warn the move could further strain an already fragile housing market. New tariffs in these sectors were first announced S
Read MoreAsana pays $62M for Milam’s-anchored retail plaza near Coral Gables

Asana Partners paid $62.1 million for a shopping center anchored by Milam’s Markets and Walgreens near Coral Gables. The Charlotte, North Carolina-based firm bought the 92,100-square-foot Red Bird Center at 5761 Bird Road in unincorporated Miami-Dade County from Red Bird Associates, according to a
Read More-

A gaudy Staten Island mansion that was built for Gambino crime family boss Paul "Big Paul" Castellano has been taken off the market—one year after it was listed for the extraordinary price of $18 million. The New York property, which is located in the affluent neighborhood of Todt Hill, was commissi
Read More You Can Live Well in Delaware on Just Your Social Security, If You’ve Paid Off Your Mortgage

For retirees eyeing Delaware as place to settle during retirement, they'll be happy to know that financially speaking, their money will go quite far. Among all 50 states, Delaware stands out as the most affordable place to live on Social Security benefits alone—provided you’ve paid off your mortgage
Read MorePlanet Financial Group boosts non-agency team with Rob Parsley and Tim Fisher hires

Planet Financial Group, the parent company of Planet Home Lending, announced two new hires this week. Rob Parsley was named senior vice president, non-agency sales and Tim Fisher was named senior vice president, non-agency lending. With a career spanning more than three decades, Parsley most recentl
Read More-

The latest monthly jobs report was scheduled for release on Friday, but due to the ongoing federal government shutdown, it has been indefinitely delayed—depriving the Federal Reserve of crucial economic data needed to guide its next policy decisions. Like other federal agencies, the Bureau of Labor
Read More -

NFL legend Bill Belichick has secured another buyer for his $3.9 million seaside Nantucket, MA, home—just weeks after the property was put back on the market when his first offer fell through. The 73-year-old former New England Patriots coach, who is currently in a relationship with former pageant q
Read More Top-producing Colorado teams combine forces

NextHome Front Range has joined West + Main Homes and rebranded as the Front Range Collective team, the companies announced. The move expands West + Main Homes’ footprint in Colorado across Fort Collins and Colorado Springs — providing the team’s 28 agents with additional resources and offices in th
Read More-

Pop sensation The Weeknd is reportedly in contract to buy an extraordinarily lavish $54.9 million waterfront mansion in Florida—where he will have the run of a 1.5-acre parcel that comes complete with an enormous dock capable of housing a 200-foot superyacht. According to the Wall Street Journal, th
Read More What we know about the labor market, even without Jobs Friday data
Jobs week ended with an eerie silence, as the government remains shut down and we didn’t receive the last two major reports for the week. Given that job growth has been slowing dramatically this year, it’s time to examine what is really going on. For me, the situation is straightforward: over the p
Read MoreBuying a Foreclosed Home: How a Foreclosure Sale Works

Buying a foreclosed home can be a good way to score a deal while hunting for real estate. A foreclosure is a house whose owners were unable to pay the mortgage or sell the property. As a result, the real estate lender assumed ownership and is now trying to sell it to recoup some of its costs, typica
Read More-

When a listing says a property is being foreclosed on, some buyers see it as a red flag—but savvy investors know that it can actually be a sign of opportunity to capitalize on a potential deal. A foreclosure simply means the a buyer was unable to pay the mortgage, so the lender took over ownership o
Read More Pier pressure: Bezos family seeks dock upgrade at Coral Gables compound

A trust tied to the billionaire Bezos family is seeking approval from Coral Gables to upgrade the dock behind their prime Journey’s End compound. Companies tied to the Bezos Family Foundation acquired two adjacent waterfront mansions in 2022 for a combined $78 million. The LLCs were linked to Amazo
Read More
Categories
Recent Posts










