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.
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A breathtaking waterfront estate built in 1898 in the coastal enclave of Larchmont, NY, overlooking Long Island Sound recently completed a multiyear reimagination—and it has just hit the market for $23 million. Known as Villa Cheri, the seven-bedroom megamansion sits on 1.38 manicured acres boasting
Read More Airlines cancel more than 700 U.S. flights as FAA-ordered shutdown cuts begin

The cuts were ordered as air traffic controllers have missed their paychecks due to the government shutdown, now the longest in U.S. history.
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From spooky specters and trick-or-treating to apple picking and crisp autumn leaves, the month of October comes with plenty of perks. But for Hollywood's most highly regarded stars, the fall season also presents a prime opportunity for some headline-grabbing real estate deals. The past four weeks ha
Read More Pulte says Fannie, Freddie to remain in conservatorship with IPO plans

FHFA Director Bill Pulte said Friday that Fannie Mae and Freddie Mac will remain in conservatorship, but that the government would seek to sell up to 5% of their shares. Pulte made the remarks at the ResiDay conference in New York City, according to posts on X by ResiClub Co-founder Lance Lambert. L
Read MoreInsurance Startup Uses AI To Offer Coverage in High-Risk California and Florida

A San Francisco-based insurance company leveraging artificial intelligence promises to reshape home insurance in parts of the U.S. facing some of the worst climate risks. In 2024, a group of Silicon Valley tech veterans launched Stand Insurance, using what the company describes as physics-based AI
Read MoreBlackstone offloads Aventura senior living facility at $37M loss

Blackstone held a fire sale on an Aventura senior living facility, selling the site for a $36.5 million discount. Aventura-based BH Group, led by Isaac and Liat Toledano, and Fort Lauderdale-based Gold Standard of Care bought Sterling Aventura at 2777 Northeast 183rd Street in Aventura for $12 milli
Read MoreWhen it comes to real estate, social media is not about “virality and vanity”

Social media can be a very powerful tool, but simply chasing likes or trying to go “viral” won’t do anything to help a real estate professional’s career, panelists warned during a discussion on the business of digital marketing during The Real Deal Miami Forum on Thursday. Michael Ruiz, president an
Read MoreStewart acquires MCS’s mortgage services business for $330 million

Title and real estate services company Stewart Information Services Corp., owned by SISCO Holdings, has entered into an agreement to acquire the mortgage services of property preservation provider Mortgage Contracting Services (MCS) for $330 million. The transaction, announced Friday, expands Stewar
Read MoreMortgages Below 1%? They Exist, but Only for Those Who Buy Before the Year Ends

The typical age of a first-time homebuyer has reached a record. High prices, stubborn borrowing costs, and limited inventory have steadily pushed the milestone up from age 28 in 1991 to 36 in 2022, 38 in 2024, and 40 today. It’s a troubling sign, underscoring just how hard it’s become to break into
Read MoreOpendoor hits reset: The iBuyer goes full founder mode with new CEO

Opendoor’s recently appointed CEO Kaz Nejatian used the firm’s third-quarter earnings call with investors and analysts to introduce himself and reintroduce the company he has been tasked with turning around. “I’m a computer nerd turned lawyer, turned founder, but I think of myself primarily as a pr
Read MoreA Tiny Texas Town Is Bracing for a Hollywood Boom With an Elon Musk Tech Hub and Film Studio Plans

There's a Texas size boom happening just outside the capital of the Lone Star State. A rural area full of farms, 40 minutes from Austin, is set to see mega-growth as the site of a new film studio, an Elon Musk technology hub, and a new luxury housing community. Bastrop, TX—population only about 13,0
Read MoreMexico, Brazil and Colombia top foreign buyers in South Florida, but US demand still rules

Developer Edgardo Defortuna and brokerage head Craig Studnicky said the foreign buyers they work with have not been deterred by the Trump administration’s crackdown on immigration. “They already have their visa, their status or they already own property here, and they’re trying to [purchase] someth
Read MoreKentucky Is in Good Standing With Affordability and Homebuilding: Can Gov. Beshear Keep It Growing?

Kentucky’s housing market continues to deliver on affordability and steady growth. The state earned a C+ on the Realtor.com® State-by-State Housing Report Card, part of the Let America Build campaign that evaluates how states balance housing costs and new construction. While doing well, this isn't t
Read MoreRecord Shutdown Clouds Economic Data, and Housing Is Caught in the Middle

Without key government data during this record-breaking shutdown, the signals we do have on the economy are mixed and housing is caught in the middle. The federal government shutdown is now the longest one on record, surpassing the 2018–19 shutdown that lasted 35 days. While lenders have workarounds
Read MoreExclusive: NFM Lending grows footprint with Homespire Mortgage acquisition

Two Maryland-based retail mortgage lenders struck an M&A deal this week as NFM Lending has agreed to acquire Homespire Mortgage, the companies confirmed on Friday. The financial terms were not disclosed. With the acquisition, Linthicum-based NFM will expand its presence along the East Coast, while H
Read MoreReal, former CFO settle wrongful termination lawsuit

The Real Brokerage and its former chief financial officer Michelle Ressler have reached a settlement agreement in the lawsuit Ressler filed in early June 2025. Filed in the U.S. District Court for the Southern District of New York, the lawsuit claims that Real orchestrated Ressler’s termination und
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Multifamily developers Bruce Menin, Erik Rutter and Joe Lubeck say South Florida needs more housing, but skittish equity investment is among the many barriers to entry. The trio, who spoke during The Real Deal Miami Real Estate Forum 2025, pushed back on the notion the tri-county region is struggli
Read More What Realtors really think about working with builders

Picture this: a Realtor® walks into a new-home sales office, client in tow, ready to collaborate. The builder’s rep glances up from the desk, wary smile in place. Both sides want the same thing — a sold home — but the air crackles with tension. That moment, repeated across the country, defines one o
Read MoreGeorgia Is Winning in Affordability and Homebuilding: Can Gov. Kemp Keep It Going?

Georgia continues to be one of the South’s housing success stories. The state earned a B on Realtor.com® State-by-State Housing Report Card, part of the Let America Build campaign that evaluates how well states balance affordability with new home construction. While doing well, this isn't the case i
Read More“I thought I was hot sh*t. I was like ‘screw everybody’”: Patrick Carroll

In the spring of last year, Patrick Carroll posted a video on his Instagram account that showed him on his boat clutching a shotgun, sporting a red “Make America Great Again” hat and a white towel draped over his shoulders. Carroll fired off a couple of rounds that he later claimed were blanks after
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