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.
Top Florida real estate team joins Compass

The Tinka Ellington Group — a prominent real estate team specializing in coastal and waterfront properties in South Florida — has joined Compass.Led by Ellington, the group has closed more than $254 million in sales and brings 25-plus years of combined real estate experience. The seven-member team s
Read MoreThe proprietary reverse mortgage landscape is getting crowded

The broader mortgage industry and the reverse mortgage subset have worked through a period of elevated interest rates for longer than anyone may have been expecting. Following a post-pandemic boom in volume fueled by Home Equity Conversion Mortgage (HECM) refinances, higher rates have served to rest
Read MoreHow important is public transit for aging in place?

As the preference to age in place continues to dominate among those planning out their later lives, people actually living with the preference may find they need to make adjustments to certain parts of their routines to accommodate costs, access services and maintain social relationships.One key too
Read MoreOnyx Tower in Hallandale Beach trades for $52M, buyer scores $77M loan

A 28-story office tower in Hallandale Beach traded for $52.2 million, and the buyer landed a $77.2 million loan. Aventura-based Inmobiliaria Brom, through its affiliate Optima International North, sold the 285,400-square-foot Onyx Tower at 1010 South Federal Highway to an entity that also ties to I
Read MoreThis NYC mayoral candidate wants to make property taxes a core election issue

The mayoral campaign in New York City is in full swing, and candidates are aiming to inject their campaigns with hot-button topics that could resonate with voters in a closely watched election. To that end, an independent candidate is training his eye on the issue of property taxes, a sensitive one
Read MoreZach Vella-led partnership could lose Wynwood buildings to foreclosure

Four Wynwood commercial buildings owned by a Zach Vella-led partnership are facing foreclosure less than a year after they were purchased. On May 21, an affiliate of Seattle-based Fairview Asset Management sued an entity managed by Vella, Tosh Berman in Aspen, Colorado, and Michael Tanha in Las Veg
Read MoreGinger Wilcox’s leadership formula at BHGRE: trust, adaptability, growth

Before she ever stepped into the role of president at Better Homes and Gardens Real Estate, Ginger Wilcox had lived nearly every side of the real estate business. She previously worked as an agent, learning the intense demands of serving clients through one of life’s biggest financial decisions. She
Read MoreDeveloper sues Denver over requirement to pay into affordable housing fund

As many local governments continue to face challenges in bolstering their housing stock, one developer is taking action against Denver over a requirement to pay into the city’s dedicated affordable housing fund.The company, redT Homes, states that it’s the Denver area’s “only residential real estate
Read MoreAmericans tapped $25B in home equity in Q1. That hasn’t happened since 2008

U.S. homeowners tapped nearly $25 billion in home equity through second-lien mortgages during the first quarter of 2025 — the largest volume for this period in 17 years, according to the ICE Mortgage Technology‘s newest Mortgage Monitor report. That marks a 22% increase compared to the same quarter
Read MoreFrench retail mogul finds buyer for waterfront Venetian Islands home

French commercial real estate investor Nicolas Chambon is bidding adieu to his waterfront Miami Beach home, asking $29.5 million. Chambon’s pending sale topped last week’s Eklund-Gomes report. Buyers signed 22 contracts for luxury properties in Miami-Dade County between May 26 and June 1, accordin
Read MoreTop Connecticut team returns to Coldwell Banker Realty

Coldwell Banker Realty is welcoming another top-producing team. The Anywhere–owned brokerage announced Monday that the Fowler Sakey Team is making the move from William Raveis to Coldwell Banker.The Connecticut-based team will be joining the Fairfield Coldwell Banker Realty office. “We are thrilled
Read MoreLease roundup: Sweat440, Warby Parker on tap at Nora District, law firm Littler moving Miami office

Sweat440, Warby Parker | West Palm Beach Group fitness gym Sweat440 and eyeglasses store Warby Parker are among tenants on tap at the Nora District in downtown West Palm Beach. Sweat440, known for its strength and high-intensity interval training classes that start every 10 minutes, leased 2,900
Read MoreMovers & Shakers: Colliers hires condo capital improvements exec

In the latest roundup of South Florida hiring news, Colliers makes a key hire in response to Florida’s growing condo crisis. The firm tapped Vanessa Da Rocha as director of its Southeast Project Management and Development Services team, according to a release. In this role, Da Rocha will head Colli
Read MoreRobins family dynasty fractured by dispute over patriarch’s assets

The Robins name resonates through Miami Beach like an emergency siren when a hurricane makes landfall — clear, insistent, impossible to ignore. For decades, Gerald “Jerry” Robins, the patriarch, helped shape the city’s skyline; his business acumen matched only by the devotion he showed to his family
Read MorePrivate credit takes center stage in South Florida real estate

Developer Asi Cymbal was looking for a real estate loan at a bad time. After finishing a 341-unit apartment complex in Miami Gardens in the spring of 2024, he needed to pay off its $102.5 million construction debt and bolster the project’s cash reserves. But with the impending presidential electio
Read MoreInside Russell Galbut’s plan to sell floating luxury condos

For centuries, real estate was tangible, actual, genuine land to inhabit and build on and buy and sell. Developers found ways to trade swampland, coastline and air rights and to market the ground separately from the building above. Bankers financialized real property into abstract products; start-up
Read MoreSafer to stay home? European firms rethink travel policy over U.S. border control concerns

"These are the sorts of things I think about when I travel to, say, China or Azerbaijan," the head of a British NGO said.
Read MoreMortgage rates unfazed by crazy economic headlines
In one of the most chaotic weeks for economic headlines of the year, mortgage rates remained relatively stable, which is a stark contrast to the madness caused by the Godzilla tariffs a few weeks ago. Can this stability last? Despite elevated rates, having fewer wild fluctuations on a day-to-day bas
Read MoreTravelers are taking ‘a more frugal approach’ to summer vacations this year, expert says

More people plan to take a leisure vacation this summer. But some have pulled back on their budgets.
Read More-

A firefighter and his pregnant wife were unable to buy a two-bedroom home in the neighborhood where they grew up; two teachers had dashed dreams of owning their bungalow near the school where they work. These are just two examples of the heartbreaking scenarios you hear about in the real estate busi
Read More
Categories
Recent Posts










