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.
A path to sub-7% mortgage rates is back on the table

As rates have fallen, housing demand has stabilized the last two weeks
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“Members Only: Palm Beach” star Hilary Musser is working on a new TV project that could incorporate the area’s luxury real estate—and says she would also serve as a producer. While the future of the Netflix hit remains uncertain, Musser says she is already pursuing another opportunity, with casting
Read More A Pristine 1950s John Lautner ‘Time Capsule’ Just Listed for $2.1M—and It’s Had Only One Owner

Referred to as the Rosemary and Joseph Baldwin Residence, a John Lautner-designed home seeks a new steward in the trendy Los Angeles neighborhood of Silver Lake. But what’s even more rare is that this three-bedroom, two-bath property spanning 1,679 square feet has had just one owner. With very few u
Read MoreNew Florida ‘Agrihood’ Development Bets on Organic Farming to Lure Homebuyers

A new masterplanned community in Northeast Florida will offer multiple organic farms to attract buyers who are more interested in fresh vegetables than the state's famed beaches. Saratoga Springs, a new development from Freehold Communities, will eventually have about 4,500 homes within multiple com
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A Florida home has more than double the beachfront access as its neighbors. “It’s incredible. There's nothing like it at all on Bonita Beach and one of the things that really makes this so special is this is two and a half lots of frontage. That's 125 feet of beach access,” says listing agent Collee
Read More This Historic Church Condo for Sale Hides a Private 85-Foot Bell Tower Lounge

It’s easy to swoon over a modern-day home carved into an historic former church. Think stained-glass windows, high ceilings and lots of charm. A new listing in Washington, D.C.’s Capitol Hill neighborhood has all that—plus another amenity that catapults it to the next level. “Through my research, I
Read MoreInside Tall Timber: You Can Only Reach This Hand-Built Colorado Estate by Train or Helicopter

There are only two ways to reach the 200-acre Colorado property known as Tall Timber: by train or helicopter. But back when octogenarian matriarch Judy Beggrow was just a girl, there was a third way—by horse. Tucked inside the 1.8-million-acre San Juan National Forest near Durango—and surrounded by
Read MoreStep Inside ‘The Susman House’: A Flawlessly Preserved Modernist Retreat on California’s Coast

A three-bedroom seaside sanctuary perched high above a sandy cove at Faria Beach in Ventura, CA, has hit the market for $5.1 million, marking its first listing since it was built in 1984. Known as The Susman House, the 2,640-square-foot residence was commissioned by former actress Tracy "Babs" Susma
Read MoreTurning Trash Into Treasure: The Ups and Downs of a Miami Home Flipper’s 12-Year Career

For real estate investors and home flippers, one thing is key for remaining successful in a turbulent market: patience. At least, that’s what South Florida investor, house flipper, and licensed real estate agent Branden Rivero thinks. Rivero founded his company, Prop Hunters, in 2014. The Miami-Dade
Read MoreExclusive: CrossCountry Mortgage demands payment from former LOs, invokes 2-year non-solicitation

Documents show the company is demanding 75 bps for each refinanced loan on former customers
Read MoreHELP A DIABETIC CHILD RECEIVES COLLIER COMMUNITY FOUNDATION GRANT

HELP A DIABETIC CHILD RECEIVES COLLIER COMMUNITY FOUNDATION GRANT TO SUPPORT CHILDREN AND YOUNG ADULTS Help a Diabetic Child (HADC), a nonprofit organization dedicated to helping children and families who are dealing with diabetes, has been awarded a $25,000 grant from the Collier Community Foundati
Read MoreMiami Heat co-owner’s firm buys shopping center from Edens for $33M

RK Centers, led by Miami Heat minority stakeholder Raanan Katz, dropped $32.5 million for Edens’ Arena Shops in North Miami, expanding its retail presence in north Miami-Dade County. The Sunny Isles Beach-based company acquired the 44,660-square-foot shopping center at 14750 Biscayne Boulevard in a
Read MoreGencom, White Bridge buy InterContinental hotel in downtown Miami for $300M

Karim Alibhai’s Gencom and White Bridge Capital partnered on a nine-figure acquisition of the InterContinental Miami high-rise hotel in downtown Miami, their third joint hotel deal in the past year. The Miami-based firms bought the 34-story, 652-room waterfront hotel overlooking Biscayne Bay at 100
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Kit Cassingham credits her yoga practice and her experience as a life coach with keeping her sane these days. And Cassingham has a lot of reasons to feel crazy: Earlier this week, she and her husband Randy were told to permanently disembark from the Villa Vie Residences Odyssey cruise ship they’d b
Read More The Hidden Housing Cost Pushing Millions of Homeowners Over Budget

A new roof can be just as essential to homeownership as a monthly mortgage payment. Yet only one of those expenses is factored in when determining whether an owner is housing cost-burdened. Now, preliminary findings from Harvard University's Joint Center for Housing Studies (JCHS), presented on Frid
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Redevelopment of the Blackstone-owned Southgate Towers in Miami Beach with a 38-story Live Local Act project is a no-go due to a zoning conflict, city officials said in a letter. Southgate Towers LLC filed an application to replace the two 14-story apartment buildings with 495 units at 910 West Ave
Read More Silvio Tavares steps down as VantageScore CEO, Anthony Hutchinson named interim leader

Hutchinson has spent four years at VantageScore, holding prior roles at Fannie, Freddie and NAR
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Influencer and interior design expert Rachel Martino has lifted the lid on her ultimate home tips for adding color to your home—even in the most unassuming places. In her New York City rental, the home guru has found a way to give a hallway washer and dryer their own colorful moment—and conceal the
Read More Coral Gables captures full block near city hall with medical office acquisition

The city of Coral Gables now owns the entire 400 block on Biltmore Way near city hall with the acquisition of ShareMD’s medical office building after months of negotiations and commission approvals. The city dropped $24 million for the four story, 53,030-square-foot Biltmore Medical Center at 475-4
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Actress Brooklyn Decker and retired tennis star Andy Roddick are sharing the vibrant interiors of their Charlotte, NC home with the world—after the extensive home renovation project was “nine years in the making.” The 7,000-square-foot home was built in 1964, and was in rough shape when the couple—w
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