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.
Cornerstone Capital Bank expands retail mortgage presence by adding Daryl Wizelman Team

Cornerstone Capital Bank and its mortgage lending division, Cornerstone Home Lending, have added veteran mortgage executive Daryl Wizelman and The Wizelman Team, expanding the lender’s retail mortgage operations. Wizelman joins Cornerstone after more than 35 years in mortgage banking and financial s
Read MoreGround leases taking root in affordable housing deals as costs rise

Ground leases are reshaping how affordable housing developers finance projects amid scarce capital and rising construction costs. Two recent deals show the trend taking hold in expensive, reform-minded markets. In Santa Cruz County, The Pacific Companies, an affordable housing developer in the West,
Read MoreNew York Just Banned Large Data Centers—5 Numbers Explain Why the Backlash Is Spreading Nationwide

Gov. Kathy Hochul will sign an executive order on Tuesday pausing hyperscale data center development in New York, making it the first state to enact such a ban. The order will bar the state from approving permits for projects that use 50 or more megawatts of power for one year while officials develo
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Disgraced music mogul Sean "Diddy" Combs has finally sold the Miami mansion he once put up as collateral in his failed bid for bail in his sex-trafficking case. It was sold for $55 million while he was behind bars. The 56-year-old's waterfront property became one of the most closely watched celebrit
Read More Kim Kardashian Gives Glimpse Inside Her Custom Idaho Retreat as Lewis Hamilton Joins Family Vacation

Reality TV star Kim Kardashian has offered fans a fresh glimpse inside her idyllic lakeside escape in Idaho, sharing a series of sun-soaked images from the custom-built retreat where the famous family has spent much of their summer. Kim, 45, and her sister, Khloe Kardashian, 42, took to Instagram to
Read MoreThe brokerage blueprint is changing. Keller Williams just proved it with the JMG acquisition

Keller Williams made waves on Monday when it announced its acquisition agreement with the Jason Mitchell Group (JMG). And while this is big news for the real estate brokerage franchisor, Steve Murray, the co-founder of RealTrends Consulting sees this as an even bigger deal for real estate companies
Read MoreDolphins out, superyachts in: David Martin’s marina plan at former Seaquarium getting underway

The site of the former Miami Seaquarium on Virginia Key is headed for a major redevelopment. Miami-Dade County and Terra Group’s David Martin want to trade dolphin shows for superyachts with an application to build what could be the largest marina in the county, the Miami Herald reported. The appl
Read MoreTaylor Morrison appoints Jeremy Hampson as Jacksonville division president

Taylor Morrison has appointed Jeremy Hampson as president of its Jacksonville division, adding a nearly 15-year homebuilding veteran as the division pursues strategic growth. Hampson joins Taylor Morrison from Freehold Capital Management, where he served as division president of Florida. He previous
Read MoreStop Mowing Your Lawn So Short: Why Landscapers Agree This Is the Best Length for Your Grass

If you’re a homeowner who cuts the grass short to “get more time between mows,” it may be time to change your strategy. According to lawn care pros, cutting your lawn too short or “scalping” can stress your turf, encourage weed growth, and even attract pests. So, what’s the secret to a healthy, lush
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A jaw-dropping 11-unit apartment building in San Francisco where married Mexican artists Frida Kahlo and Diego Rivera once resided has just hit the market for $8 million. Built into a cliff of bedrock and designed to look as if it were cascading down Telegraph Hill, the artistically significant stru
Read More 5 Tricks HVAC Pros Say Will Keep Your Garage Cool During Even the Hottest Heatwaves

The temperature of your garage matters—even if you spend much less time in there than in other rooms in your home. In fact, if it gets too hot, you may face some serious damage and safety risks. With the upcoming heat wave this week, HVAC pros warn that your garage could be one of the most vulnerab
Read MoreInside Matt Damon’s Oscar-Worthy Property Portfolio

Matt Damon is embracing a new chapter in life—and his carefully curated real estate portfolio reflects the family-first priorities that have guided him for years. Now, the Oscar-winning actor is adjusting to an emptier nest as two of his and wife Luciana Barroso’s four daughters head out into the wo
Read MoreUnited Airlines' new upsell: Keeping other travelers out of the middle seat

United Airlines will allow customers to pay more to keep the middle seat open on its Airbus A321XLRs
Read MoreSean “Diddy” Combs sells waterfront Star Island mansion for $55M

Disgraced hip hop mogul Sean “Diddy” Combs, who is serving his federal prison sentence, sold one of his waterfront Star Island mansions for $55 million Property records show Combs’ 1 West Star Island LLC sold the nearly 8,000-square-foot estate at 1 Star Island Drive to JFStar LLC, a Newport News-ba
Read MoreWorld Cup's biggest spenders show up late as semifinals drive host city travel boom

World Cup travel demand to U.S. host cities is spiking as the tournament reaches the semifinal stage.
Read MoreInflation Drops to 3.5% in Welcome Sign for Mortgage Rates

Falling energy prices drove down inflation in June, offering the Federal Reserve's policymakers and would-be homebuyers a welcome reprieve after May's dramatic surge. Beating economists' expectations, overall prices increased by 3.5% in the 12 months through June, retreating from the previous month'
Read MoreFrontier Airlines to debut in-flight Wi-Fi in 2027 with SpaceX's Starlink

Frontier is signing with Starlink for in-flight Wi-Fi, with service debuting as early as next year.
Read MoreRyder System takes entire 400K sf Kurv Gratigny warehouse in top industrial lease this year

Logistics firm Ryder System pre-leased the entire Kurv Gratigny warehouse near the Miami-Opa locka Executive Airport, marking the largest known new industrial deal in Miami-Dade County so far this year. Ryder System leased the 409,000-square-foot facility at 4700-4718 Northwest 135th Street, accord
Read MoreSouth Florida’s top deals: Estate tied to late prince parts with Palm Beach property for $32M

🏆 Residential: The highest-priced home sale to hit records was in Miami Beach, where the waterfront home at 416 West San Marino Drive on the Venetian Islands changed hands for $42.5 million. Built in 2025, the home spans about 6,400 square feet and has five bedrooms and eight and a half baths. It l
Read MoreBoomers Hold $93 Trillion in Assets—but Their Heirs May Get Less Than Half

Baby boomers hold roughly $93 trillion in assets, but only $36 trillion could reach Gen X and millennial heirs over the next 20 years, according to new data. The estimate, released last week by Visa Business and Economic Insights, is far below Cerulli Associates’ widely cited projection that as much
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