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.
Council Bluffs, IA Homeowners Can Expect a Warm and Wet Fall, Says The Old Farmer’s Almanac

Fall 2025 will feel a little different in western Iowa that years previously. The Old Farmer’s Almanac predicts a season that skews warmer and wetter than normal for the northern Plains, including Council Bluffs. While the Northeast cools down, the Heartland will hold on to extra warmth well into th
Read MoreFed cuts rates by 25 bps as inflation lingers, labor market weakens

The Federal Reserve lowered its benchmark interest rate by 25 basis points on Wednesday, setting the target range at 4% to 4.25%. The first cut since December 2024 marks a new phase in the central bank’s effort to balance maximum employment and stable prices. Economists say it could usher in an easi
Read MoreColdwell Banker’s Jason Waugh urges agents to ‘own the moment’ in shifting housing market

Speaking to thousands of real estate professionals at Coldwell Banker’s Generation Blue Experience 2025, company president Jason Waugh told agents that today’s market — despite volatility — represents one of the greatest opportunities of their careers. “We’ve been through three years of a contractin
Read MorePalmyra, PA Homeowners Can Expect a Cool and Dry Fall, Says The Old Farmer’s Almanac

Fall in Pennsylvania is expected to be brisker than usual this year, according to The Old Farmer’s Almanac. While much of the country braces for warmer-than-normal conditions, the Northeast and Appalachians—including Palmyra—are preparing for a cooler, drier season. But while the state is seeing a c
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"Mountainhead" actor Jason Schwartzman has put his California dwelling on the market for $1.75 million—less than a year after he purchased it. The Hollywood heavyweight, 45, initially listed his four-bedroom, three-bathroom on Aug. 14 for $1.8 million, however, slashed the price and relisted the pro
Read More American Senior Lending launches EquitySelect solution for retirees

American Senior Lending, a national home equity solutions company, on Wednesday launched EquitySelect, a first-lien home equity loan designed to give retirees more financial flexibility. The nonrecourse loan — meaning that borrowers and their heirs will never owe more than the home is worth — lets b
Read MoreCredit Union ONE acquires Icon Mortgage

Credit Union ONE announced on Tuesday that it has acquired Icon Mortgage. A press release confirmed that Michigan-based Credit Union ONE will retain all employees from Icon Mortgage, including senior leadership, and “intends to operate the company as a separate mortgage lending affiliate.” The terms
Read MoreBloomington, IL Homeowners Can Expect a Cool and Dry Fall, Says The Old Farmer’s Almanac

As fall settles across the Midwest, Bloomington, IL residents can expect a season that feels distinctly cooler and drier than usual. The Old Farmer’s Almanac’s 2025 forecast points to a brisk autumn ahead for Illinois, even as much of the western U.S. experiences lingering warmth. But while the stat
Read MoreDisappointing housing permits show why we need 6% mortgage rates
Homebuilders in America are cheering, not because of the disappointing housing permit data released today, but because mortgage rates are near 6%. We have seen four consecutive months of job losses in residential construction labor, as mortgage rates have been elevated and builders’ inventory has be
Read MoreWhat Is a Real Estate Broker vs. Real Estate Agent—and Who Should You Hire?

Many people think that "real estate agent" and "real estate broker" are interchangeable titles, but there are actually key differences. If you're a first-time homebuyer, knowing what kind of real estate professional to hire is perhaps the most important first step in your homeowner journey. Once you
Read MoreFed Cuts Interest Rate: What Happens to Mortgage Rates Now as Markets React

The Federal Reserve has lowered its benchmark interest rate by a quarter percentage point, in a highly anticipated decision surrounded by extraordinary political drama. The 11-1 decision supported by Fed Chair Jerome Powell and a majority of the Federal Open Market Committee (FOMC) brings the centra
Read MoreLancaster, PA Homeowners Can Expect a Cool and Dry Fall, Says The Old Farmer’s Almanac

The Old Farmer’s Almanac has released its 2025 fall outlook, and for Lancaster, PA, the forecast calls for a cooler and drier-than-normal season. While the western half of the U.S. basks in lingering warmth, the Northeast and Appalachians—including Pennsylvania—are bracing for a brisk autumn. But wh
Read MoreLefferts kicks off sales for 72 Carlyle, its third North Beach condo project

Lefferts is kicking off sales for the third North Beach condo project in its pipeline, 72 Carlyle. Douglas Elliman’s Eklund-Gomes team is leading sales for the 20-story, 134-unit tower planned for 600 72nd Street in Miami Beach, according to a press release. Units will range from one to three bedro
Read MoreBuyer revealed: David Simkins dropped record $16M on waterfront Morningside house

Paper products heir David Simkins is revealed as the buyer of a record $16 million waterfront home in Miami’s Morningside neighborhood, The Real Deal has learned. Simkins bought the waterfront house at 5725 North Bayshore Drive from Mango’s Tropical Café owner David Wallack, sources confirmed. Jill
Read MoreSingle-Family Home Construction Falls Sharply Ahead of Fed Meeting as Builders Seek Rate Relief

Single-family home construction declined in August as builders pulled back in the face of weak demand and hoped for relief from a Federal Reserve rate cut. Construction starts on single-family homes fell 7% last month from July to a seasonally adjusted annual rate of 890,000, the U.S. Census Bureau
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Rapper Cardi B has revealed she is expecting her fourth child and her first baby with NFL star boyfriend Stefon Diggs—four months after the couple made their relationship Instagram official. The 32-year-old "I Like It" hitmaker shared the news of her family expansion on "CBS Mornings" during an inte
Read More Bristol, CT Homeowners Can Expect a Cool and Dry Fall, Says The Old Farmer’s Almanac

Fall 2025 is arriving not so much with a bang, but with brisk, refreshing breeze to Connecticut. According to The Old Farmer’s Almanac, much of the Northeast—including towns like Bristol, CT—will experience a cooler and drier-than-normal autumn season. While other regions of the country prepare for
Read MoreInvestors sue Vlad Doronin’s OKO over stalled apartment project in downtown Fort Lauderdale

Vlad Doronin’s OKO Group was hit with a lawsuit over its stalled 251-unit apartment project in downtown Fort Lauderdale. More than 40 investors in OKO’s planned 34-story One River tower say that the developer has failed to advance any “meaningful construction” and is yet to secure a general contrac
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Actress Jennifer Lawrence is known for rigorously maintaining her privacy—and it appears that ethos applies even to her real estate deals. The 35-year-old "Hunger Games" starlet has quietly sold a Beverly Hills dwelling for $11 million in an off-market deal, according to property records, 11 years a
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Mortgage applications increased 29.7% from a week earlier for the week ending Sept. 12, according to the Mortgage Bankers Association. This increase is nearly triple the amount compared to the week prior when home loan applications rose 9.2% for the week ending Sept. 5. The rise in applications come
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