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.
“Good, not great”: World Cup hype falls short for South Florida hospitality industry

South Florida’s hospitality industry expected the FIFA World Cup to score a major win for business, but for many operators, the tournament fell short of the anticipated economic windfall during the region’s slow season. Hotel executives and restaurant operators reported lower-than-expected business
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Newlywed TLC stars Baylen Dupree and Colin Dooley have revealed that they are already thinking about their "future kids," while hunting for their perfect marital home in South Carolina. Dupree, 23, and Dooley, 26, who star alongside one another in the hit reality show "Baylen Out Loud," officially t
Read More Tropical Storm Bertha: Tracking Map Shows Which Homeowners Are in the Storm’s Path

A tropical depression strengthened into Tropical Storm Bertha on Monday evening, leaving homeowners living in the Gulf preparing for extreme weather Tuesday morning. The National Hurricane Center announced that Tropical Storm Bertha was picking up steam about 110 miles south-southwest of Panama Cit
Read MoreRyan Clark Is Axed by ESPN Mid-Way Through Filming ‘NFL Live’ at His $2 Million Baton Rouge Mansion

Former Pittsburgh Steelers star Ryan Clark was sensationally let go by ESPN on July 20—while he was in the midst of filming for the network's hit show "NFL Live." Hours later, the network also axed several other prominent staff members, including on-air host Karl Ravech, NFL insider Tom Pelissero, a
Read MorePending sale of $25M Boca mansion tops busy week in Palm Beach County

A mansion in Boca Raton’s Royal Palm Yacht & Country Club with an asking price of $25 million led an active week of signed contracts in Palm Beach County. Buyers signed 17 contracts between July 13 and July 19, according to a weekly report by Douglas Elliman’s Eklund-Gomes team. The team tracks all
Read MoreSouth Florida’s top deals: Telecom exec pays $19M for new Miami mansion

🏆 Residential: The priciest home sale to hit records in South Florida was in Miami’s Ponce-Davis neighborhood. An LLC managed by Christophe Scherman parted with the roughly 10,000-square-foot mansion at 5545 Southwest 81st Terrace for $18.9 million. An entity led by telecommunications executive Mei
Read MoreA Bank Lent $3.85 Million on a Home Falling Into the Ocean—How Did It Happen?

Months before a buyer paid $5.5 million for a house perched above Cape Cod Bay, a local newspaper described it as "endangered." The foundation sat less than 14 feet from the edge of a Wellfleet bluff that had been retreating at a rate of 6 to 7 feet per year. At that pace, the house was on track to
Read MoreThe 9 Cities Where Homebuyers Are About To Take Control

Despite high mortgage rates and broader economic uncertainty, this spring delivered the most buyer- friendly conditions in nearly seven years as the roster of genuine buyer's markets expanded to 19 metros. Now nine more metro areas are poised to join the ranks of buyer's markets by the end of the su
Read MoreThe ‘Widow Tax’ Could Reshape the Great Wealth Transfer—Starting With the Family Home

When Evelyn Delgado called her auto insurer after her husband died, she expected the bill to fall—after all, the policy now covered only one driver instead of two. But after removing her husband, Delgado’s premium jumped by $280 a year. “You can imagine my shock,” the Central Texas widow told legisl
Read MoreIs the Zestimate era coming to an end?

For nearly two decades, consumers have had the ability to answer one of life’s biggest financial questions almost instantly: “What is my home worth?” Today, millions of homeowners monitor their home’s estimated value almost as closely as they monitor their investment portfolios. Anyone who has spent
Read MoreWe are not ready for the next housing downturn

The pandemic wrought financial havoc across the economy, but its impact on the housing market was significantly reduced due to a whole-of-government response that enabled millions of families to stay in their homes. The rapid deployment of forbearance, the ability to pause mortgage payments and a sl
Read MoreFrom automation to intelligence: Why enterprise AI mortgage operations are reshaping the industry

Artificial intelligence has introduced hundreds of tools to the mortgage industry, but many lenders are still struggling with rising costs, fragmented workflows and inconsistent productivity. According to Siddhartha Agarwal, CEO of JazzX AI, the next phase of AI adoption isn’t about adding another a
Read MoreThe Holiday acquisition is about Daiwa House’s next decade

The long game Was never about one Acquisition Viewed through a sharply narrowed lens of a single transaction, Holiday Builders adds another respected, cycle-tested, deeply regionally invested homebuilder to Stanley Martin Homes‘ growing portfolio. However, through the panoramic landscape lens of Dai
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Homebuyers who have dreamed of owning a wine country retreat could well get the chance to snap one up at a bargain price when a luxurious 700-acre estate that was once home to legendary "Jeopardy!" host Alex Trebek is put up for auction—with no reserve. The extraordinary ranch property known as Wind
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Former reality star Yolanda Hadid has quietly removed her iconic Pennsylvania farmhouse from the market once again—just three months after the sprawling property was relisted for $10.88 million, having "fallen out of escrow." Hadid, 62, first brought the sprawling 30-acre sanctuary to the market in
Read More Miami is now more expensive than New York City

Miami was once the Emerald City for New York professionals chasing more sun and cheaper costs. Lower taxes, cheaper real estate and year-round warmth made Florida feel like the dream destination for putting down roots. But now that shine is wearing off. With insurance costs, private school tuition
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"Clueless" star Alicia Silverstone is known as one of Hollywood's most prominent eco warriors—regularly touting the benefits of her vegan diet and her desire to ensure that her son, Bear, enjoys the healthiest lifestyle possible. And nowhere is that ethos more apparent than inside the Los Angeles ho
Read More Buyers at Rishi Kapoor’s condo projects could get share of $4M in receivership funds

Some buyers and creditors who lost money in convicted developer Rishi Kapoor’s real estate schemes could split roughly $3.5 million in receivership funds. Bankruptcy attorney Bernice Lee, the court-appointed receiver for Kapoor’s defunct firm Location Ventures and its affiliates, is seeking authoriz
Read MoreM/I, Meritage team up to fund $7.6M bridge to growth in a Texas town

A new public-private partnership in Central Texas solves for a common stumbling block for homebuilders, who face having to balance home price affordability with the public infrastructure investments their projects often require. On Friday, the City of Buda, TX, located about 15 miles south of Austin
Read MoreData Centers Driving Up Electric Bills Draw Congressional Attention

The government could convene energy utilities, regulators, and data center developers to determine how to prevent the large projects from raising Americans' energy bills, under a proposal in the U.S. House. The Protecting Families From AI Data Center Energy Costs Act would require the Federal Energy
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