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.
South Florida’s top deals: Double Venetian Islands property trade for $33M

🏆 Residential: The top recorded home sale was in Miami Beach, where a trust parted with the two neighboring, waterfront properties at 617 and 625 East Dilido Drive on the Venetian Islands for $33 million. The buyer was Leet House 4 LLC. One home spans about 5,000 square feet while the other measure
Read MoreShort Sales Are Rising as Underwater Homeowners Try To Dodge Foreclosure

Although short sales remain relatively rare, they have been gradually creeping up as underwater homeowners seek ways to avoid foreclosure, with a handful of midpriced markets seeing the highest concentration of these deals. A short sale is a real estate transaction in which a financially distressed
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Former race-car drivers Romain and Doreen Thievin have such passion for motorsports, it drove them to mount a floating 800-pound Formula 1 race car on the wall of the living room of their Las Vegas–area home. The striking statement piece, which is 15 feet long and 6 feet wide, is a full-sized replic
Read More Foreclosures Jump 21% in First Half of the Year, and Florida Leads the Nation

Foreclosures continued to climb in the first half of the year, approaching levels that haven't been seen since 2019, and Florida is leading the nation. In the first six months of 2026, there were more than 227,000 U.S. properties with foreclosure filings, up 21% from the same period last year, accor
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"Real Housewives of Beverly Hills" star Dorit Kemsley may well have tried to leave her troubles behind when she jetted off on a lavish European vacation—but it seems her estranged husband, PK Kemsley, is determined to ensure she can't forget about them. Dorit, 50, and PK, 58, are in the midst of a c
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Heather Rae El Moussa is starting to share sneak peeks into the drama that will unfold when she and her "Selling Sunset" co-star-turned-frenemy Christine Quinn return to the action-packed Netflix reality series following a yearslong hiatus. The 38-year-old reality star offered a teasing glimpse at h
Read More Moratorium on waterfront project applications in downtown West Palm heads to final vote

West Palm Beach commissioners will take a final vote on pausing new project applications for high-rise waterfront developments at next week’s meeting. The proposed ordinance would create a six-month moratorium on new planned development applications for properties south of Monroe Drive, north of So
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Gymnast Simone Biles publicly committed to spending more time in her Texas home recently—and she more than doubled down on that vow when she turned the custom property into a luxurious event space to host some close friends for a very high-end sleepover party. Biles, 29, showcased the fruits of her
Read More United earnings top estimates but airline expects $6 billion in added fuel costs

United reported higher revenue for premium, corporate and no-frills basic economy tickets and higher revenue for both domestic and international trips.
Read MoreLuxury “landmaxxing”: The billionaire push for private compounds

Buying mansions here and there is not enough for the uber-rich. “Landmaxxing,” or buying up adjacent properties to assemble sprawling private compounds, has been a major part of the ultra-luxury market this year, the Wall Street Journal reported. Compounds are increasingly in demand, and some of t
Read MoreShops at Sunset Place owner seeks taxing district to raise $149M

The long-awaited redevelopment of the Shops at Sunset Place in South Miami is seeking a nine-figure boost for the mixed-use project’s infrastructure. Midtown Development, led by founder Alex Vadia, is requesting Miami-Dade County’s approval to establish a special taxing district that would finance
Read MoreRecent Grad Gets Rude Welcome to NYC as His Hotel Is Evacuated in Pfizer Building Scare

A recent Ohio University graduate got a shock last week when he was one of the hundreds affected by an evacuation of the blocks surrounding the Pfizer Building in Midtown Manhattan, amid fears of a building collapse. Hunter Puterbaugh, 22, had just arrived from Ohio and was staying in the Hampton In
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The sprawling Montana lodge where Kelly Clarkson's late ex-husband Brandon Blackstock moved to after their split has been brought to the market for $2.9 million—just under a year after the talent manager passed away following a battle with cancer. Blackstock, who died in August 2025 at the age of 48
Read More Concrete mogul sells waterfront home in Miami’s Bay Point for record price to West Coast buyer

Adonel Concrete’s chairman and CEO Luis Garcia sold his waterfront home in Miami’s Bay Point neighborhood for $27.3 million, a deal that’s reflective of the massive transformation the luxury home market has gone through over the past decade-plus. Garcia listed the home at 790 Lake Road for $10 mill
Read MoreFour Seasons Resort Palm Beach, East Miami hotel score refi totaling $546M

Fort Partners and Blackstone Real Estate separately landed nine-figure refinancing mortgages for hotels in Palm Beach and Brickell totaling $546 million. Blackstone Real Estate, led by Nadeem Meghji, secured $205 million from JPMorganChase for the East Miami hotel at 788 Brickell Plaza, in Brickell
Read MoreDon’t Touch This Room in Your House If You Want To Sell

Most buyers prefer homes with spare bedrooms. However, that doesn’t mean you should spend an arm and a leg customizing yours. “It's a multipurpose room, so you should keep it that way—that's the whole point of it,” says Fiona Dogan, real estate agent at Julia B. Fee Sotheby's International Realty in
Read MoreDolly Parton’s Darling Former Home in West Hollywood Is Now Available To Rent For $12,000 a Month

Fans of Dolly Parton who have dreamed of following in her footsteps now have a chance to do just that—by renting the country music legend's former abode in West Hollywood, to the tune of $12,000 a month. Parton, 80, purchased the two-bedroom, two-bathroom property in 2007 for $1.2 million; however,
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Across the country and at nearly every level of government, lawmakers are embracing an unconventional solution for affordable housing: allowing churches, synagogues, and other houses of worship to build homes on their land. It’s part of a growing national movement known as Yes in God’s Backyard, or
Read More 2027 COLA Could Hit 3.8%—Why Seniors Are Still Falling Behind as Housing Costs Explode

Inflationary pressure could mean one of the biggest boosts to Social Security benefits in nearly five years, but as essential housing costs outpace inflation, the bump could still fall short of many seniors' needs. A new estimate from AARP projects a 3.6% Social Security cost-of-living adjustment,
Read MoreJoin Naples Cancer Advisors for Million Dollar Shot on Saturday November 14th

Join Naples Cancer Advisors for Million Dollar Shot on Saturday, November 14; Inaugural Fundraising Gala will Support No-Cost Consultative Oncology Services Naples Cancer Advisors, a community-based, non-profit organization that provides free consultative oncology services to local cancer patients a
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