Latest news with #Realtor
Yahoo
5 hours ago
- Business
- Yahoo
Homes in Naples, Collier County, FL selling for lower prices recently: See how much here
Newly released data from for March shows that potential buyers and sellers in Collier County saw lower home sale prices than the previous month's median of $675,000. The median home sold for $650,000, an analysis of data from shows. That means March, the most recent month for which figures are available, was down 3.7% from February. Compared to March 2024, the median home sales price was down 1.5% compared to $660,000. sources sales data from real estate deeds, resulting in a few months' delay in the data. The statistics don't include homes currently listed for sale and aren't directly comparable to listings data. Information on your local housing market, along with other useful community data, is available at Here is a breakdown on median sale prices: Looking only at single-family homes, the $780,000 median selling price in Collier County was down 4.5% in March from $817,000 the month prior. Since March 2024, the sales price of single-family homes was down 2.5% from a median of $800, hundred ninety-two single family homes sold for $1 million or more during the month, compared to 198 recorded transactions of at least $1 million in March 2024. Condominiums and townhomes decreased by 6.9% in sales price during March to a median of $475,000 from $510,000 in February. Compared to March 2024, the sales price of condominiums and townhomes was down 5% from $500,000. One hundred fifteen condominiums or townhomes sold for $1 million or more during the month, compared to 114 recorded transactions of at least $1 million in March 2024. In March, the number of recorded sales in Collier County slightly decreased from 1,030 in March 2024 to 1,026. All residential home sales totaled $1.3 billion. Across Florida, homes sold at a median of $380,614 during March, a slight increase from $379,999 in February. There were 32,971 recorded sales across the state during March, down 10.6% from 36,887 recorded sales in March 2024. Here's a breakdown for the full state: The total value of recorded residential home sales in Florida increased by 64.2% from $15.1 billion in February to $24.9 billion this March. Out of all residential home sales in Florida, 9.77% of homes sold for at least $1 million in March, up from 9.12% in March 2024. Sales prices of single-family homes across Florida slightly increased from a median of $399,985 in February to $402,281 in March. Since March 2024, the sales price of single-family homes across the state was down 1.8% from $409,600. Across the state, the sales price of condominiums and townhomes dropped 1.5% from a median of $310,758 in February to $306,057 during March. The median sales price of condominiums and townhomes is down 5% from the median of $322,280 in March 2024. The median home sales price used in this report represents the midway point of all the houses or units listed over the given period of time. The median offers a more accurate view of what's happening in a market than the average sales price, which would mean taking the sum of all sales prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high sale. The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us. This article originally appeared on Naples Daily News: Real estate prices down in Collier County, FL. See how much here
Yahoo
11 hours ago
- Business
- Yahoo
Homes in Fort Myers, Cape Coral, Lee, FL sold for lower prices recently: See how much here
Newly released data from for March shows that potential buyers and sellers in Lee County saw lower home sale prices than the previous month's median of $380,000. The median home sold for $370,000, an analysis of data from shows. That means March, the most recent month for which figures are available, was down 2.6% from February. Compared to March 2024, the median home sales price was down 5.1% compared to $390,000. sources sales data from real estate deeds, resulting in a few months' delay in the data. The statistics don't include homes currently listed for sale and aren't directly comparable to listings data. Information on the local housing market, along with other useful community data, is available at Here is a breakdown on median sale prices: Looking only at single-family homes, the $389,262 median selling price in Lee County was down 2.7% in March from $400,000 the month prior. Since March 2024, the sales price of single-family homes was down 5.1% from a median of $409, hundred thirty-two single family homes sold for $1 million or more during the month, compared to 152 recorded transactions of at least $1 million in March 2024. Condominiums and townhomes decreased by 9.4% in sales price during March to a median of $290,000 from $320,000 in February. Compared to March 2024, the sales price of condominiums and townhomes was down 14.5% from $339,000. Twenty-four condominiums or townhomes sold for $1 million or more during the month, compared to 40 recorded transactions of at least $1 million in March 2024. In March, the number of recorded sales in Lee County dropped by 11.4% since March 2024 — from 2,203 to 1,951. All residential home sales totaled $975.7 million. Across Florida, homes sold at a median of $380,614 during March, a slight increase from $379,999 in February. There were 32,971 recorded sales across the state during March, down 10.6% from 36,887 recorded sales in March 2024. Here's a breakdown for the full state: The total value of recorded residential home sales in Florida increased by 64.2% from $15.1 billion in February to $24.9 billion this March. Out of all residential home sales in Florida, 9.77% of homes sold for at least $1 million in March, up from 9.12% in March 2024. Sales prices of single-family homes across Florida slightly increased from a median of $399,985 in February to $402,281 in March. Since March 2024, the sales price of single-family homes across the state was down 1.8% from $409,600. Across the state, the sales price of condominiums and townhomes dropped 1.5% from a median of $310,758 in February to $306,057 during March. The median sales price of condominiums and townhomes is down 5% from the median of $322,280 in March 2024. The median home sales price used in this report represents the midway point of all the houses or units listed over the given period of time. The median offers a more accurate view of what's happening in a market than the average sales price, which would mean taking the sum of all sales prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high sale. The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us. This article originally appeared on Fort Myers News-Press: Fort Myers real estate home sales prices down in March 2025
Mercury
13 hours ago
- Business
- Mercury
Barbara Corcoran reveals her controversial moves to boost career - realestate.com.au
A real estate mogul has revealed the controversial steps she took to boost her career and did several 'unhinged things' to make a name for herself. Barbara Corcoran took to TikTok to lift the lid on the ways she attempted to boost her real estate company, The Corcoran Group — which was founded in 1973 — in its earliest days, Realtor reports. The 76-year-old 'Shark Tank' star posted a series of throwback photos from the earliest days in her real estate career, which she launched in New York City. Noting that her business was the 'first brokerage on the internet,' Ms Corcoran explained that she took to tracking the prospective URLs of her competitors so she could see who joined the web behind her. 'When I was the first brokerage on the internet, I registered my competitors' URLs so I could keep track of when everyone else woke up,' she shared, adding: 'The big guys came calling last.' Ms Corcoran then revealed that she came up with a genius idea to use a market crash to her advantage by essentially conducting a real estate fire sale, one that ultimately netted her an incredible profit. '[I] priced 88 apartments alike during a market crash and sold out within an hour. I made $US1 million commission in a single day,' she added. MORE: Bombers star finalises new $2m+ deal Where Aus tenants pay the most Developer's bold plan for $50m Melbourne site Corcoran has confessed that she went to extreme lengths while finding her footing in the homing industry and did several 'unhinged things' to make a name for herself. Picture: The 76-year-old 'Shark Tank' star took to TikTok to lift the lid on the ways she attempted to grow her brand and real estate company. Picture: The entrepreneur also confessed that she had to bet on herself and aim high — even at the beginning of her career — noting that, to a certain extent, she had to fake it until she made it, at least where her status within the industry was concerned. To that end, the 'Shark Tank' investor wrote her own self-titled industry analysis, called The Corcoran Report, which she first published during a recession, relying solely on data from her own sales in order to offer a market evaluation. '[I] wrote The Corcoran Report, declaring that NYC prices hit an all-time low, based only on my 14 sales for the year,' she confessed in the TikTok video. Despite the lack of data in the report, her strategy worked, with Ms Corcoran revealing in a previous LinkedIn post that she was stunned to find herself quoted in a New York Times piece just days after she'd published it. 'They quoted my report, and I couldn't believe my eyes!' she recalled. 'And right after that, our phones never stopped ringing. It immediately put us on the map. I could hear my salespeople answer the phones and say, 'Oh, you've heard of us?!' 'I was still the same small company I was the week before, but I now had the power of the press behind me, and everyone treated us differently.' But still, Ms Corcoran didn't stop her efforts to woo more clients — as well as their pets. In fact, the industry expert shared that she even drew in new customers by appealing to pet owners and acting as both a real estate mogul and dog trainer. 'When the co-op board revealed they would start interviewing dogs, I taught dogs how to shake hands in Central Park,' she said. And she didn't just drive business by training dogs, she also 'took a job as a messenger delivering packages at night to help make ends meet.' Alongside a slew of throwback pictures from the early days of her stellar career, the home pro revealed that she had to think outside of the box. Picture: At the time, the real estate tycoon began by registering and tracking her competitors' URLs. Picture: Unlike many other businesses at the time, Ms Corcoran used the press to her advantage and even invited them to 'open the elusive safe in the Guggenheim mansion without knowing what was inside.' She revealed the safe ended up being 'empty.' And she even dressed up to draw attention. 'I threw a company party where everyone dressed as nuns. It was a riot,' she said alongside a snap of members of the real estate company dressed up. In addition to pretending it was Halloween, Ms Corcoran revealed she also recruited the help of farm animals to make sales. 'I put real cows on the penthouse roof to help sell Stewart Mott's overpriced apartment and got major press for it. (Yes, Mott of the applesauce empire),' she revealed. Lastly, to establish herself in the celebrity home market, Ms Corcoran threw out an A-lister's name — who wasn't her client — and flew to success. 'I published the Madonna report based on what I imagined Madonna would want in a home,' the 76-year-old said. 'The media went wild and started calling me the 'broker to the stars.' She wasn't even my client.' Corcoran then revealed that she came up with a genius idea to use the market crash to her advantage, allowing her to cash in big time. Picture: And she even dressed up to draw attention. Picture: Corcoran previously showed off her $US12 million New York City penthouse for the last time after she offloaded the property. Picture: calebwsimpson/TikTok Just days before she candidly revealed her 'unhinged' behaviour, Ms Corcoran welcomed Caleb Simpson, the TikTok star-turned-real estate influencer, into her NYC dwelling for one last time. She offers an intimate glimpse of the property's most impressive amenities, including jaw-dropping views of Manhattan's iconic skyline. In Simpson's viral video, Ms Corcoran joked that even her most dedicated followers likely wouldn't have 'recognised' the pad when it was first listed, because she had removed all of her possessions in order to stage it for sale. Though she seemed firm in her decision to offload the abode — which she first came across in 1992, 23 years before she bought it in 2015 — she confessed that she 'can't believe' she's bidding farewell to the home after so many years. Ms Corcoran first came across the penthouse dwelling on the Upper East Side in 1992 when she was working as a messenger to make ends meet and delivered a letter to the unit's resident. At the time, the opulent home wasn't on the market — nor would it have been anywhere close to fitting within Corcoran's budget if it had been. Yet, she couldn't get the property out of her mind. 'I thought, 'My God, I've never seen anything as beautiful in my life,'' she told the New York Times. So, she asked the then-owner to get in touch if she ever decided to sell her penthouse — a decision that she ended up making more than two decades later. Parts of this story first appeared in Realtor and was republished with permission. Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox. MORE: Huge star slams 'violent' Trump after quitting US 'Wrong side': Ellen loses $8m+ overnight 'Gone, everything': Gibson on trashed pad
News.com.au
a day ago
- Business
- News.com.au
‘Taylor Swift Tax' could cost her and neighbours $200k
A US state is weighing a proposal that could hit Taylor Swift and dozens of her wealthy neighbours — with a six-figure tax bill for leaving their coastal mansions mostly unoccupied. The so-called 'Taylor Swift Tax,' an unofficial nickname for a proposed surcharge on luxury properties not used as a primary residence in Rhode Island, would levy significant annual fees on second homes valued over $US1 million ($A1.5 million), the New York Post reports. The pop star's sprawling estate in Watch Hill, assessed at roughly $US17 million ($A26 million), could be subject to an additional $US136,000 ($A200,000) in taxes each year if the measure is approved, according to Realtor. While the legislation does not single out Swift by name, her high-profile ownership has thrust her into the spotlight of a broader debate playing out across New England's elite seaside enclaves. The initiative, formally referred to in budget documents as a 'non-owner-occupied property tax,' is part of a growing effort by politicians to address housing affordability in the Ocean State by tapping into the wealth of seasonal residents. At the heart of the proposal is a straightforward formula: properties valued at more than $US1 million that are not used as a primary residence would face a surcharge of $2.50 ($A3.84) per $US500 ($A768) of assessed value beyond the first million. That adds up quickly for high-end homes in coastal towns like Westerly and Newport, where property values have surged in recent years, partly due to out-of-state buyers and short-term rental demand. Politicians backing the measure argue that absentee ownership contributes to housing shortages and erodes community life. Many luxury homes sit vacant for much of the year, they say, while local workers and families struggle to find affordable housing. Supporters believe the tax could help balance that equation. By imposing a cost on keeping homes empty, they hope to encourage property owners either to spend more time in their homes or open them to renters — both of which would inject life, and potentially revenue, into quiet off-season communities. The revenue generated would be earmarked for housing initiatives. Opponents, however, warn of unintended consequences. Real estate agents and longtime property owners caution that the measure could deter investment, depress home values and even pressure multigenerational families to sell beloved beach homes they've owned for decades. They argue the policy casts too wide a net, penalising not only speculative investors but also those with deep roots in the state. Debate over the bill has drawn sharp lines between politicians and real estate professionals, full-time residents and part-time neighbours. While some view the measure as a needed corrective to a distorted housing market, others see it as a shortsighted move that could undermine property rights and local economies. If passed, the law would not take effect immediately. Homeowners would have until July 2026 to adjust — either by proving they spend at least 183 days a year at the property (the standard for primary residence status) or by listing their homes as rentals. Parts of this story first appeared in the New York Post and was republished with permission.
Yahoo
a day ago
- Business
- Yahoo
5 Top US Housing Markets for International Homebuyers — Should You Buy There, Too?
The U.S. housing market has always held an appeal for international homebuyers. International buyers spend millions of dollars purchasing residential properties in states across the country, but some cities have a bigger draw than others. Trending Now: Read Next: Recent data from shows that foreign buyers are more likely to buy homes in coastal regions and warm climates. Here are the top five U.S. housing markets for international homebuyers. With near year-round warm weather and a thriving nightlife, it is no wonder that Miami, Florida, topped the list for international homebuyers. According to Miami took 8.7% of the international traffic share. The median home listing price in the area was $635,000, while the median sold home price in May 2025 was $580,000. Both domestic and foreign buyers should be wary of the cost of living in Miami, which is 19% higher than the national average and 15% higher than the state average, as indicated by Best Places. Without substantial income, buying property in Miami could end up being more costly than it is worth. For You: The second highest share of international traffic went to New York, New York. Foreign homebuyers flocked to the Big Apple in the first quarter of 2025. The city took 4.9% of the international traffic share. The median home listing price in May 2025, according to was $868,000. The real estate listing website notes that the city is currently considered a 'buyer's market' because the supply of homes in the area exceeds demand. While buyers will benefit from homes that sell for less than asking, the cost of living in the area is well above the average in the U.S. International home buyers were also drawn to the sunny coast of Southern California. The bright lights of Los Angeles attracted 4.6% of the international traffic share. The median listing home price in Los Angeles was $1.2 million in May 2025, significantly higher than the average mid-tier home in the state. The City of Angels' median home listing price was nearly $1.25 million in May 2025, per Realtor. Potential international and domestic Los Angeles home buyers should also be aware of the high cost of living, which is 61% higher than the average in the U.S., as reported by Best Places. Another top-ranking area for international buyers is Orlando, Florida. Disney World's hometown captured 2.9% of the international traffic share, attracting foreign buyers from a multitude of countries. Attracted by the warm climate, low cost of living and absence of state income tax, international buyers have consistently sought properties in the Sunshine State. The median listing home price in the area was $394,700, which was on par with the median sold home price. Considered a neutral housing market by both buyers and sellers can take advantage of low home prices that sell in around 60 days. Rounding out the top five housing markets for international buyers is Dallas, Texas. Located in the heart of the Lone Star State, 'Big D' is known for its great BBQ, southern charm and vibrant music scene. Dallas took 2.8% of the international traffic share, likely due to its affordable housing prices and low cost of living. The median listing home price was $449,500, and the cost of living is only 0.2% higher than the national average, according to Best Places. More From GOBankingRates 10 Genius Things Warren Buffett Says To Do With Your Money This article originally appeared on 5 Top US Housing Markets for International Homebuyers — Should You Buy There, Too?
