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.
Mortgage Rates Just Hit a 15-Month High. Is It Worth Paying Thousands To Lower Yours?

In 2021, when mortgage rates were near historic lows, just 34% of the 30-year primary home-purchase loans carried points, according to a new analysis from Realtor.com®. By 2023, as rates surged, that share had jumped to 60%. “The data provides strong evidence that rate level is the primary driver o
Read MoreProperty manager, contractor arrested in nearly $200K kickback scheme at Hialeah condo association

A Hialeah condo association’s property manager and a contractor ran a kickback scheme that hinged on inflated repair contracts, ultimately siphoning nearly $200,000 from unit owners, according to arrest warrants. Carlos Jose Mejia, who worked as a property manager at the Venetian Gardens at Country
Read MoreNIMBYs and YIMBYs Both File Lawsuits Over San Francisco’s New Housing Plans

San Francisco's efforts to build denser housing face crucial tests in the coming months amid a series of lawsuits, which variously claim that the city's efforts go too far—or not far enough. The three lawsuits against the city, filed in Superior Court, come from groups on the opposite end of the spe
Read MoreMiami Beach probes stalled pedestrian bridge agreed to by Terra, GFO

Miami Beach commissioners ordered an independent engineering review of the pedestrian bridge tied to Five Park residences, developed by Terra and GFO Investments, after utility conflicts raised questions about whether the bridge can be completed as promised. The city commission voted unanimously to
Read MoreRelated Ross buys 124-acre former IBM campus in Boca Raton

Steve Ross’ Related Ross bought the massive Boca Raton Innovation Campus, expanding the billionaire developer’s reach into another pocket of Palm Beach County. The 124-acre former IBM headquarters comes with developer entitlements for a “micro-city.” The value of the sale hasn’t been made public. Ar
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Venture capital firm Andreessen Horowitz plans to move its defense and aerospace fund to a West Palm Beach, where it’ll be the newest tenant in a Related Ross building. The California-based venture-capital giant plans to open the regional headquarters next year for its $1.2 billion American Dynamism
Read More BH, Kolter Urban score $197M construction loan amid Naples ultra-luxury boom

Kolter Urban and BH Group scored a $197 million construction loan for Olana Naples Residences, a 12-unit ultra-luxury condo on Naples’ beachfront. Affiliates of Apollo Global Management and BDT & MSD Partners provided the financing ahead of the project’s groundbreaking, which is expected later this
Read MoreProvidence rent stabilization push springs back to post-primary life

Morales enters the general election as the favorite, and says rent stabilization will be an early priority for City Hall
Read MoreCCM pushes conforming loan limit to $845,000 ahead of FHFA announcement

Increase aims to give conventional lending options to more high-balance borrowers
Read MoreToughen up: StyleCraft Builders CEO on back-to-basics leadership

Doug French links on-time closings, clean deliveries, and punch list discipline to leadership systems
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“Shark Tank” star Barbara Corcoran has some thoughts about reality TV personality Kylie Jenner’s yearslong home design project. When asked to weigh in on the 29-year-old makeup mogul’s build-in-progress, which has been in the works since 2020, the 77-year-old real estate tycoon gave TMZ a candid res
Read More The ‘Practical Magic’ Mansion: What This Cult-Classic Home Would Actually Cost You Today

Spooky season is quickly approaching, and "Practical Magic 2" hits theaters on Thursday. If you're anything like us, you've probably spent time dreaming about the house from the 1998 original. But as it turns out, director Griffin Dunne couldn’t find a real-life home that matched his vision for the
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Celebrity blogger Perez Hilton has reduced the asking price of his sprawling Las Vegas mansion by $350,000—nearly one month after he was hospitalized following a health incident at his new Miami home. The 48-year-old media personality initially listed the six-bedroom, 6.5-bathroom property for $4.25
Read More Developer kept majority of units — and voting power — at Doral association, suit says

A group of Doral condo owners are taking aim at their community’s developer, alleging it retained a grip on the association years after completing the building and exempted its affiliates from the same rules imposed on the homeowners. The Grand at Doral I condominium association says the building’s
Read MoreNew credit score pricing grids point to higher borrower costs, report shows

Analyses indicate the newly released pricing grids could make loans more expensive with VS 4.0
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"Selling Sunset" star Christine Quinn's husband, Christian Dumontet, has listed the sprawling Los Angeles home the former couple once shared as their contentious divorce battle continues. Dumontet filed for divorce from the real estate agent—who is set to make her return to the Netflix reality serie
Read More This $1.25M Mulholland Drive ‘Mansion’ Has No Kitchen, No Sewer—and a Squatter Problem

A home on storied Mulholland Drive in Los Angeles has been left abandoned, and irate neighbors say that squatters and trespassers have taken over. The home at 7711 Mulholland sits high along a ridge in the East Laurelwood neighborhood of the city and offers panoramic views of the city. It has the ma
Read MoreWhere the Top 1% of Luxury Real Estate Rules the Market

There's luxury and then there's ultraluxury—and, depending on location, the price difference between them can be extreme. Nationally, ultraluxury listings (which Realtor.com defines as the most expensive 1% of listings) begin at $5.16 million, which is 4.3 times the median $1.20 million entry luxury
Read MoreMr. Jones: Tabani scoops up Lincoln Road retail with celeb nightclub

Tabani Group purchased a retail property on Lincoln Road that is home to the South Beach nightclub where Drake and Chris Brown were spotted when they were filming the music video for their diamond-certified hit “No Guidance” nearby. Records show the Dallas-based firm paid $18.4 million for the 22,80
Read MoreFifth Circuit upholds dismissal of NAR three-way agreement suit

Panel affirmed a 2025 dismissal that found no antitrust injury tied to MLS access and association membership requirements
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