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.
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Matt Brown says he’s seeing the same dynamic play out again and again: A client gets ready to buy, runs the numbers, then decides to spend another year renting. “Between elevated mortgage rates, insurance quotes that came in far higher than they expected, and a property tax bill that resets to full
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Plenty of historic homes have a documented brush with greatness in their past. But few offer the impressive history of a 1913 property that was not only designed and built by a Pulitzer-winning composer—but that also served as the site where he composed some of the most important music in U.S. histo
Read More Related Group’s Hollywood Live Local project draws suit from residents, nonprofit

Hollywood residents are jumping into the brawl over Florida’s developer-friendly Live Local Act with a lawsuit to block a planned beachfront tower. Kathleen DiBona and the newly formed nonprofit Keep Public Lands Public is suing the City of Hollywood and an affiliate of Related Group over the propo
Read MoreIllegal Immigration Under Biden Drove Home Prices 6.6% Higher, New Study Finds

A recent working paper from the Federal Reserve Bank of Dallas found that the surge in illegal immigration under former President Joe Biden contributed to higher home prices and rents across U.S. cities. The 65-page draft paper, written by economists Daniel J. Wilson and Xiaoqing Zhou, maintains tha
Read MoreAvalonBay buys city block in South Miami as investors get in position for multifamily bounceback

Investors are continuing to bet big on South Florida’s multifamily market, with three recent acquisitions across South Miami and Fort Lauderdale led by a record-setting development site purchase. AvalonBay Communities paid $22 million for a full city block development site, at 5920 Sunset Drive to 5
Read MoreDylan Dreyer Opens Up About Heartbreaking Miscarriage: ‘Crying in My Bed in So Much Pain’

"Today" show co-host Dylan Dreyer has revealed that she quietly endured a secret miscarriage while she was away from home, on a vacation where she hid her pregnancy from her fellow travelers. The 44-year-old reflected on the emotional experience during an episode of her podcast, "The Parent Chat," w
Read MoreFormer Stockton Mortgage employees, Novus deny trade secret allegations

Several former Stockton Mortgage Corp. employees have denied allegations that they misappropriated trade secrets and interfered with the company’s business after leaving to join competitor Ixonia Bancshares, operating as Novus Home Mortgage, according to court filings. Eighteen defendants filed thei
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Nahla Capital moved one step closer to securing approval for tweaks that will allow the developer to increase the size of the proposed Raleigh Miami Beach, a Rosewood-branded luxury condo and hotel project that’s been in the works for years. Nahla acquired the 3-acre oceanfront assemblage at 1775,
Read More Starter Homes Are Out of Reach for Most First-Time Buyers—Except in These Affordable States

It's becoming more and more difficult for aspiring homeowners to break free from renting, but there are still a few states where buying a starter home isn't out of reach, a new report from LendingTree has found. A handful of Southern states offer the best opportunity for renters to make the leap to
Read More“You get what you pay for”: Fort Lauderdale will pursue $217M city hall project

After briefly considering buying and retrofitting an existing building into a city hall, Fort Lauderdale reverted to its original plan to develop from the ground up. Commissioners voted 3-2 on Thursday in favor of having a developer build a $217.1 million city hall, which would cost Fort Lauderdale
Read MoreNorth Carolina kicks parking rules to the curb in statewide reform

North Carolina housing advocates have tried for years to pass state-level zoning reform. They kept falling short. Broad reforms met the same fate in the recently ended session – except one: parking reform. What started as a stormwater management bill became one of the most aggressive parking reforms
Read MoreWaldorf Astoria set to take over W South Beach

The Waldorf Astoria is set to take over the branding and operations of the W South Beach, whose hotel portion will close for renovations Aug. 20. The renovation includes 348 redesigned oceanfront guest suites, a new lobby and Peacock Alley, upgraded dining venues, an enhanced spa and fitness center,
Read MoreZillow, MRED, Compass await ruling in Chicagoland MLS fight

The hearing regarding Zillow’s motion for a preliminary injunction in its ongoing antitrust battle with Midwest Real Estate Data (MRED) and Compass International Holdings may have concluded last Thursday, but the parties are still waiting for an answer. This week, all three parties must file post-h
Read MoreCompass adds RealTrends Verified Palm Beach agent Daniel Ekerold

Compass recently added Palm Beach luxury real estate professional Daniel Ekerold to its Florida roster, the brokerage said Tuesday. Ekerold, who is coming to Compass from Douglas Elliman, is known for working with ultra-high-net-worth clients, hedge fund principals, developers and investors, accordi
Read MoreAt Home with Paul and Eileen Arsenault

Paul and Eileen Arsenault have spent decades preserving both place and purpose at their century-old enclave of cottages where art, conservation, creativity, and community intertwine. Photo by Nick Shirghio Inside the storied walls of a historic Old Naples compound—home to four distinctive century-ol
Read MoreBH, Apollo Cos buy out Related Group’s stake in Aventura mixed-use project

BH Group and Apollo Companies bought out Related Group’s stake in an Aventura development site slated for a mixed-use project, The Real Deal has learned. The Aventura City Center project at 2999 Northeast 191st Street is approved for a residential tower, a hotel and 26,000 square feet of retail spac
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Taylor Swift and Travis Kelce are understood to have expanded their family long before saying "I do" at New York City's Madison Square Garden this month—by reportedly welcoming an adorable puppy into their home. The couple, both 36, are said to have become proud parents to a white, fluffy Samoyed in
Read More Mortgage rates rise past 6.75% as inflation uncertainty persists

Mortgage rates took a brief U-turn last week, but they resumed their upward path again this week as hawkish statements from the Federal Reserve over inflation and monetary policy are guiding the direction of borrowing costs. At HousingWire‘s Mortgage Rates Center on Tuesday, rates for 30-year confor
Read MoreRealtors slam focus on trademark policing: ‘Is this really the next hill NAR is going to stand on?’

When the National Association of Realtors (NAR) asked its members to help the trade group identify misuses of its trademarks during the association’s legislative meeting late last month, it unsurprisingly stirred up reactions among real estate professionals. “While agents are fighting for listings
Read MoreThis Sun Belt State Has Some of the Top Markets for Renters—Here’s Why

One Sun Belt state is an unexpected renter's paradise, according to a new study that compared 180 rental markets in the U.S. The top three rental markets in the nation in 2026 are all in Arizona, according to a new analysis from personal finance site WalletHub. The report's 10 best places for renter
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