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.
Las Vegas Is Getting a Tiny-Home Community Where Rent Is Only $1K

Las Vegas market has evolved into a place of luxury real estate coinciding with falling rents. But there is still work to be done for more affordable options. Fortunately, there's one on the way. Sin City got the green light for an affordable housing alternative. The City Council voted unanimously o
Read MoreMidwestern markets emerge as hotspots for rental momentum

While the typical midwestern city doesn’t offer the glamor and sunshine of South Florida, the growth profile of the Carolinas, the tech pedigree of Austin or the music scene of Nashville, the Midwest can provide build-to-rent (BTR) developers strong rental growth and lower costs. Sun Belt markets h
Read MoreCFPB, facing staffing constraints, moves to expand mortgage credit box

The Consumer Financial Protection Bureau (CFPB), amid months of uncertainty under the Trump administration, is moving to pursue changes to mortgage regulations, most recently by advancing a request for information (RFI) intended to expand access to mortgages. The RFI was sent to the White House Offi
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Where you live can not only affect your chances of hitting the jackpot, but also your ability to afford your dream home with your winnings. A Vegas Insider analysis of U.S. lottery data found that residents in some states consistently produce more lottery winners than others. Michigan claims the to
Read More Tavant debuts agentic AI platform for software engineering, automation

Tavant has introduced a new enterprise platform that uses agentic AI to accelerate software development, data modernization and automation. The California-based technology firm positions the Tavant Platform as an alternative to proprietary AI stacks and high recurring platform fees, the company anno
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Bravo star Amanda Batula has reportedly quit "Summer House," just days after her boyfriend, West Wilson, announced that he had exited the reality series—amid ongoing backlash over their controversial romance. Batula, 34, and Wilson, 31, sparked uproar when they confirmed that they had started a roma
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Actress Dakota Johnson has officially sold her stunning Los Angeles home for just a few dollars under her $6 million asking price—having secured a buyer for the property mere days after putting it on the market. Johnson, 36, purchased the "masterclass in modernism" back in January 2016, when she pai
Read More Dinner and a show: Bill Fuller buys Fort Lauderdale’s Jungle Queen, Tropical Isle

One of South Florida’s oldest and most iconic tourist attractions is changing hands. Hospitality entrepreneur and developer Bill Fuller acquired the Jungle Queen Riverboat and Tropical Isle from the Faber family, who operated the Fort Lauderdale attraction for nearly 70 years, according to a news r
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"The Big Bang Theory" star Mayim Bialik has admitted that she "didn't feel safe in her own home" after she came under furious fire from critics for voicing opinions about hot-button topics, like the 2020 Black Lives Matter marches and the COVID-19 school closures, that were viewed by some as anti-li
Read More Trump Administration To Finance 5 New Nuclear Plants as Data Centers Demand More Energy

The Department of Energy will help to finance large-scale nuclear reactors for five new power plants, as energy demand for data centers surges. Department of Energy Secretary Chris Wright announced on June 23 the DOE would finance five eligible nuclear power plants with two Westinghouse reactors eac
Read MoreContract inked for Oceana PH asking $24M tops slow week in Miami-Dade

A penthouse at Oceana Bal Harbour, asking nearly $24 million, secured a buyer during an otherwise slow summer week in Miami-Dade County. It’s one of 17 luxury home contracts signed between June 22 and June 28, according to the weekly report by Douglas Elliman’s Eklund-Gomes team. The previous perio
Read MoreHeat Dome To Wreak Havoc on East Coast Homeowners Over July 4th Weekend: Where 100+ Temps Will Hit

Roughly 200 million Americans hoping to celebrate the county’s 250th birthday outside this weekend may have to rethink their plans. A massive heat dome is projected to stretch from the Midwest to the East Coast, bringing a period of dangerous temperatures that meteorologists expect to last for seve
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White House Press Secretary Karoline Leavitt has spoken out to praise her husband, Nicholas Riccio, for stepping up to care for their newborn daughter so she is able to focus on her hectic work schedule, just one week after she returned to her job from maternity leave. Leavitt, 28, who welcomed her
Read More Snow in June? Homeowners Near the Rockies See Several Inches Before July 4th

A snow day interrupted summer celebrations in the Northern parts of the United States this weekend. In the days leading up to the July Fourth holiday, a rare June winter storm brought arctic temperatures, strong winds, and heavy snow to those living in parts of the Rockies. Meanwhile, the National
Read MoreBroward beach resort headed to foreclosure sale over $40M debt

A South Florida beach resort once operated by defunct short-term rental startup Sonder is headed to foreclosure auction next month over a $40 million debt. A Broward judge entered a final foreclosure judgment in April against the ownership entities of Hillsboro Beach Resort, which are controlled by
Read MoreSupreme Court Denies Trump’s Attempt To Fire Lisa Cook From Federal Reserve

The Supreme Court has blocked an attempt by President Donald Trump to remove Lisa Cook from the Federal Reserve board of governors. In a 5-4 opinion, the court denied Trump's attempt to dismiss Cook, a Biden appointee, and one of the 12 members of the Federal Open Market Committee that sets the Fed'
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Sporting superstar Serena Williams will return to the iconic Center Court at Wimbledon for her first appearance in the tournament since she officially retired from professional tennis in 2022. Williams, 44, will take part in both the women's singles and the women's doubles at the Grand Slam, kicking
Read More Movers and Shakers: JLL poaches Andrew Frey from city of Miami

Leading this week’s South Florida hiring news is the addition of the former city of Miami real estate director to JLL. Andrew Frey, who previously served as director of the city’s Department of Real Estate & Asset Management, has joined the firm as a managing director, according to a JLL news releas
Read MoreSouth Florida’s top deals: Bal Harbour spec home sells for $43M

🏆 Residential: The top residential sale to hit records was in Bal Harbour, where Developer Michael Klinger sold a 10,800-square-foot mansion at 56 Bal Bay Drive for just under $43 million. The deal is the most expensive in the village this year. The buyer was a trust with Keith Sutton and Loretta Y
Read MoreAmerica Could Have Too Many Homes by 2035—Just Not Where Buyers Need Them

As early as 2035, housing supply may outpace demand, according to a new analysis—potentially cooling prices in fast-building markets even as shortages persist elsewhere. The warning comes from the Mortgage Bankers Association’s “Implications of a Persistent Slowing in Housing Demand” report, which e
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