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.
Early Nor’easter Could Hit East Coast Homes Like a Hurricane

A rare September nor’easter is expected to batter parts of the East Coast with hurricane-like conditions starting on Friday—and its early arrival could make it particularly hard on homes. The powerful low-pressure system will bring some of its most serious impacts to coastal New England, while flood
Read MoreInterlock ransomware claim triggers lawsuit against NFM Lending

Interlock claimed the breach involved more than 2.5 terabytes of files
Read MoreGoogle To Train 25,000 Veterans in Skilled Construction Trades Amid Data Center Boom

The charitable arm of Google is providing a "seven-figure" commitment to train 25,000 new skilled trades workers amid the shortage of construction workers. Google.org will support the Home Builders Institute, Hiring Our Heroes, and Student Veterans of America to offer pre-apprenticeships, career coa
Read MoreNew home sales are at an 8-month high but still stuck after 10 years

Sales reached a 684,000 annual rate, but higher mortgage rates may pressure builder margins and confidence
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A piece of New England sports history has officially hit the market, with former Boston Celtics commentator Mike Gorman listing his penthouse at the intersection of the city’s North End and West End neighborhoods for $1.495 million. Boasting views of TD Garden—the iconic home venue to the 18-time NB
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An Aspen, CO, property located in the exclusive enclave where John Denver wrote his iconic hit “Rocky Mountain High” has hit the market for a staggering $62.5 million—although the residence that now occupies the site is a decidedly modern take on mountain living. Known as Panorama House, the newly c
Read More HouseCanary files for chapter 11 bankruptcy in New Jersey

Petitions list more than $50 million in assets and at least $50 million in liabilities across 6 affiliated debtors
Read MoreDowntown Miami’s king Moishe Mana pays $89M for Fort Lauderdale office tower

Moishe Mana is taking a break from his downtown Miami buying spree, dropping $89 million on a Fort Lauderdale office building in one of the priciest office sales in Broward County this year. An entity linked to Mana’s firm, Mana Common, bought 110 Tower, a 777,250-square-foot property at 110 Southe
Read MoreMortgage Rates Top 7% for First Time Since Early 2025 in Blow to Homebuyers

Mortgage rates surged past the 7% threshold for the first time since January 2025 this week, propelled by skyrocketing Treasury yields and energy shocks stemming from the U.S.-Iran war. The average rate on 30-year fixed home loans hit the 7.03% mark for the week ending Sept. 24, up 8 basis points f
Read MoreMillions of California Homeowners at Risk of HOA Fee Increases Under New Bill

Only days remain before California Gov. Gavin Newsom must make a decision on a bill that is designed to protect homeowners, but that critics say may raise homeowners association (HOA) fees for millions of residents. The bill in question, Assembly Bill 2050, was proposed in February by Democrat Jessi
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Believe it or not, the eldest El Moussa child is ready to hit the road. Taylor El Moussa—the daughter of HGTV stars Tarek El Moussa and Christina Haack—just turned 16 and the family marked the milestone with a very lavish gift. The teen, who was first introduced to audiences as a toddler on the prem
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A number of vendors and subcontractors are going after Miami Freedom Park for money they say they are owed for work totaling more than $13 million, according to lawsuits and liens that have been filed against the developer. Miami Freedom Park is a mixed-use development that’s under construction and
Read More New-Home Sales Rise as Builders Offer Deals on Mortgage Rates

Sales of newly built homes surged in August as climbing mortgage rates drove budget-conscious buyers toward homebuilders' rate buydowns. Contract signings for new-construction properties reached a seasonally adjusted annual rate of 684,000 last month, up 6.4% compared to July, the U.S. Census Bure
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Former Miami Dolphins star Tyreek Hill has relisted his lavish Florida dwelling—just one month after removing the property from the market. The free agent, who was released by the Dolphins in March, listed the sprawling nine-bedroom, 9.5-bathroom Southwest Ranches property on the market on March 19,
Read More Landmaxxing? Messi-linked entity buys Fort Lauderdale mansion next door

An entity linked to Lionel Messi’s wealth manager dropped $8 million on a Fort Lauderdale property next to the home Messi already owns. Sadani LLC, managed by Alfonso Nebot Armisen, bought the 7,660-square-foot property at 71 Compass Lane in Fort Lauderdale’s exclusive Bay Colony community, records
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Kardashian matriarch and "momager" extraordinaire Kris Jenner has once again removed her iconic Hidden Hills, CA, mansion from the market—after wavering over the sale. Jenner, 70, originally listed the home in February 2025, having used the residence as her family's primary dwelling for more than a
Read More Democratic Socialist Candidate in Providence Touts Rent Control as City Flunks Housing Test

The Democratic nominee for mayor of Providence, RI, is vowing to enact a controversial rent stabilization scheme to help working families, as the capital of America's smallest state ranks second worst in the nation for affordability and homebuilding. State Rep. David Morales, a 27-year-old Democrati
Read MoreDown Payments Surge as Homebuyers Seek Shield From Rising Mortgage Rates

Homebuyers in expensive, competitive markets are jacking up their down payments to insulate themselves from surging mortgage rates—while those in well-supplied areas with softening prices are taking a different path. The latest downpayment report from Realtor.com® shows that the national median down
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As to be expected of someone starring on “The Real Housewives of New York,” the Empire State is definitively home for main cast member Erin Lichy, whether she’s at her New York City townhouse or the Hamptons estate she escapes to for a break from the Big Apple. Both properties are heavily featured i
Read More Before you say no: 5 borrower scenarios modern LOs can’t afford to miss

Recognizing reverse mortgage opportunities and offering the right home equity solutions starts with asking better questions
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