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.
Jacksonville, FL, Has a Shortage of Homes for Middle-Income Earners

The dream of homeownership can feel increasingly out of reach for many Americans, especially those in the middle-income bracket. While the housing market might appear robust on the surface, a closer look reveals a significant disconnect between available homes and what everyday buyers can actually a
Read MoreHiring Slows Dramatically in June in Warning Sign for Summer Housing Market

June saw the U.S. economy add just 57,000 new jobs, falling well short of economists' expectations, even as the national unemployment rate retreated slightly to 4.2%. According to the latest report from the Bureau of Labor Statistics released Thursday, nonfarm payroll growth last month came in signi
Read MoreCodina, MICL Global plan Tribute hotel in maturing Downtown Doral

Codina Partners is teaming up with an India-based developer to bring a Marriott-branded boutique hotel to its Downtown Doral mixed-use development. The Coral Gables-based developer and Mumbai-based MICL Global filed plans with the city for an eight-story Tribute hotel, a Marriott International bouti
Read MoreSee Dear Evan Hansen in Naples

Photo courtesy of Michael Lee Brown The Naples Performing Arts Center (NPAC) is giving youth a place to shine this summer in the hit musical Dear Evan Hansen. Award-winning performer Michael Lee Brown played the lead role on Broadway and is directing the play at NPAC for high school students and you
Read MoreSouth Florida’s top deals: Palm Beach home sells for $21M

🏆 Residential: The top home sale to hit records was in Palm Beach at 242 Wells Road for $21 million. Andrew Krebs Boszhardt and his wife Victoria Louise Yeager were the buyers. Maxberry Limited was the seller. The home spans nearly 6,000 square feet with four bedrooms and six and a half baths. Paul
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Environmental groups are suing to stop a potential land deal between SpaceX and the federal government, which they say could destroy wildlife habitats in southern Texas. The legal challenge comes after Elon Musk's SpaceX made its massive public stock market debut in June, with an offering valuing th
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Luxury real estate powerhouse Shelton Wilder is inviting fans inside the stunning California home she transformed from a dated midcentury fixer-upper into a breathtaking modern retreat. Known for representing A-list clients and negotiating high-profile deals, Wilder, who is originally from North Car
Read More Rents Are Falling in This City—but Relief for Some Could Still Be 474 Years Away

Dallas–Fort Worth, TX, has spent years adding apartments at a pace that’s pushed rents down 2.9% from a year earlier, according to Realtor.com® data. But a new analysis suggests that it would take an estimated 474 years for that same relief to reach its most cost-burdened residents. That’s nearly th
Read MoreKey New Year’s Tax Deadline May Loom for Florida—Will It Sway More Out-of-State Buyers?

Florida Gov. Ron DeSantis recently unveiled an ambitious plan that would eliminate property taxes on the majority of owner-occupied homes in the state. But so far, real estate agents say a potential deadline to reap the benefits hasn't had much impact on the market. DeSantis says his Save Our Homes
Read MoreWhy Japanese airlines' $400 fuel surcharges are hitting now — and when they will end

Fuel surcharges at Japan Airlines and All Nippon Airways increased Wednesday, despite falling jet fuel costs in Asia.
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Actress Katherine Heigl is saying goodbye to her longtime Utah retreat—14 years after she took a step back from the Hollywood spotlight in order to enjoy a quieter life with her family at the extraordinary mountain home. Now, as she prepares to turn the page on the next chapter of her life, the 47-y
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A Brazilian husband and wife who hold the Guinness World Record for the "world's shortest married couple" are opening up about the ways in which they have customized their marital home in order to fit their special needs as they share a glimpse into their relationship in a new reality series. Paulo
Read More Home Equity Firm Hometap Faces Surge of Class-Action Lawsuits Alleging ‘Predatory’ Practices

Rapidly growing home equity investment (HEI) company Hometap is facing a cascade of class-action lawsuits accusing it of misrepresenting its products by describing them as "purchase options contracts" instead of mortgage loans to skirt federal and state borrower protections. Civil complaints filed
Read MoreMoishe Mana buys more land in Miami’s Allapattah

Developer, investor and land-banker Moishe Mana added more properties to his portfolio in Allapattah, The Real Deal has learned. Mana paid $21.8 million, or about $170 per square foot, for the 2.5-acre assemblage anchored at 2055 Northwest Seventh Avenue in Miami. Mana said he hasn’t decided yet wh
Read MoreLa Salière Unveils Summer Dining Specials

Family-style appetizers. Photo courtesy of La Salière La Salière is bringing a taste of the Riviera to downtown Naples with a seasonal lineup designed for afternoons, early evenings, and weekend brunch that transport diners to Monte-Carlo. The coastal Italian restaurant will lean into its South of
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Famed actor Danny Glover has candidly revealed how his life has changed after he was diagnosed with Alzheimer's disease—opening up about the most difficult elements of his journey thus far, while vowing to continue moving forward, with the help of his family and loved ones. The 79-year-old "Lethal W
Read More Savor Two New Desserts at Le Colonial Naples

The Golden Saigon is crafted with mango mousse, makrut lime curd, coconut crunch, and vanilla sablé Breton. Photo courtesy of Le Colonial Naples Le Colonial‘s National Pastry Director Marta Kantorowicz is beginning her tenure by unveiling two new desserts to savor. Diners at the Naples restaurant c
Read MoreBarrio Taqueria Brings Tacos to Fifth Avenue South

Expect beef, chicken, and birria tacos, among other offerings. Photo by Angela Bond A stroll along Naples’ popular Fifth Avenue South reveals plenty of fabulous restaurants offering a broad array of cuisines and ambience. For the most part, these are dine-in places, with few grab-and-go options. A w
Read More6 Ways To Keep Everyone Cool When There’s A Battle Over The Thermostat This Summer

The thermostat can cause some serious tension during the summer months, especially if you live in a multigenerational household. And as most of America deals with a dangerous July Fourth heat wave, the battle over the thermostat could be dicier than ever. But it doesn’t have to. There are ways to e
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To see our latest updates on the Nancy Guthrie case, please click here. The FBI has concluded that all three ransom notes sent after the abduction of Savannah Guthrie's mother, Nancy Guthrie, were fraudulent, according to a new report. Multiple ransom notes were sent to various news outlets in the d
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