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.
NuRock proposes 130-unit affordable apartment project near Opa-locka

NuRock Companies proposes a 130-unit affordable apartment project near Opa-locka, marking its second planned development in the area. Alpharetta, Georgia-based NuRock wants to develop the L-shaped building, called Heritage at Gratigny Park, on a nearly 1-acre vacant lot on the southwest corner of N
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A wealthy New York couple who thought they had hired the "perfect" nanny to care for their newborn daughter have now accused the same woman of turning their idyllic upstate life into a nightmare by squatting in their $1 million farmhouse—and wreaking havoc on the property. Jamie Carano Nordenström a
Read More What changes are industry leaders demanding from NAR?

The National Association of Realtors (NAR) and its CEO Nykia Wright have broadly acknowledged that things within the trade organization need to change. And while the trade group and its leadership team have taken steps in that direction, meeting with members across the country and pushing for improv
Read MoreVRM executive Cheryl Travis-Johnson has died

Dr. Cheryl Travis-Johnson, the executive vice president and chief operating officer of VRM Mortgage Services, died last week, according to the company. Travis-Johnson, an industry veteran with over 30 years of service, joined VRM in 2008 and helped to position the company as a “trusted and innovativ
Read MoreGovernment shutdown impacts senior access to services

The federal government shutdown is set to reach one month on Saturday, and the impacts are being felt by many Americans, including seniors who are struggling to access food, health care and a variety of support services. An article published last week by national senior advocacy group AARP highlight
Read MoreSalty Donut hit with lawsuit over loan default tied to Houston store

The Salty Donut isn’t worth its salt, if you ask the confectionary’s lender. City National Bank of Florida sued the Miami-based donut maker, claiming it defaulted on a $4.8 million loan issued in October 2021, according to a lawsuit filed in August in Miami-Dade County Circuit Court. The Salty Don
Read MoreLeaving Your Home Empty for the Winter? Here’s How To Cut Utility Costs and Avoid Damage

Before you snowbirds head south for the winter, a little home prep can go a long way. A few smart utility adjustments and preventive maintenance tasks can save money and prevent headaches like frozen gutters or burst pipes, while keeping your home safe and energy-efficient. So before you lock up to
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Caitlyn Jenner made a surprise return to the Kardashians' on-air universe this week, when she reunited with her former spouse, Kris Jenner, and their children as they said goodbye to the iconic California mansion where they spent years filming their hit reality show. Kris, 69, who listed the Hidden
Read More Chris Planto returns to Rate as VP of mortgage lending

Top-producing mortgage originator Chris Planto has rejoined Rate as vice president of mortgage lending in the Houston market. Planto returns to Rate from CrossCountry Mortgage, where he most recently served as a senior loan officer. “We are absolutely thrilled to welcome back Chris Planto to our Rat
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While replicating Hollywood legend Mark Wahlberg's incredible on-screen career might be an impossible task, wealthy homebuyers now have an opportunity to enjoy a taste of his very luxurious lifestyle—but it's going to cost more than a pretty penny. That slice of the high-life comes in the form of a
Read More Newrez posts best monthly mortgage volume since 2022, seals Wells Fargo deal

Multichannel mortgage lender Newrez continued to contribute positively to parent company Rithm Capital’s earnings in the third quarter of 2025, during which the company closed an agreement with Wells Fargo in the private-label securities (PLS) space. In the third quarter, Newrez posted pretax income
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Mortgage rates pulled back Thursday to their lowest level in over a year, a day after the Federal Reserve cut interest rates for the second time this year as the government shutdown neared the one-month mark and major companies announced mass layoffs. The average rate on 30-year fixed home loans fe
Read More Super Coupe: Mercedes-AMG CLE 53 Coupe

The Mercedes-AMG CLE 53 Coupe. Photo courtesy of Mercedes-Benz Dr Jekyll, meet Mr Hyde. Both coexist nicely in Mercedes’ feisty new AMG-tuned CLE 53 Coupe. The genteel Mr Hyde persona comes out in the CLE’s hushed refinement, its creamy-smooth delivery of all 443 galloping ponies, and the serene man
Read MoreGovernment Shutdown Forces Homebuyers Back Onto Sidelines in Hardest Hit Markets

As the government shutdown nears the one-month mark, housing markets with the highest concentrations of federal workers are starting to feel the pain, with fewer new listings and declining buyer interest. Washington, DC; Virginia Beach, VA; Oklahoma City, OK; and Baltimore all saw dips in housing ac
Read MoreSouth Florida by the numbers: Famous folks flock to Florida

“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. What do a legendary movie star, two international pop sensations, an iconic rapper-turned-actor, a sports media maven and a Real Housewife all have in common? They’ve all tr
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Former "The Fresh Prince of Bel-Air" child star Floyd Roger Myers Jr. has passed away inside his Maryland home at the age of 42 after suffering a heart attack, his family has confirmed. The news of Myers' passing was shared by his mother, Renee Trice, who revealed to TMZ that her son died in the ear
Read More Meet the Frisbies, Palm Beach’s homegrown real estate dynasty

The real estate industry is no stranger to dynastic rule. For as long as real estate has been a business, it’s been a family business. That tradition is alive and well with the Frisbie Group, a Palm Beach homegrown development firm where nearly every employee shares the same last name. Decades into
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Along the Santa Barbara coastline, where ocean meets mountains, sits a truly exceptional $7.95 million glass-and-steel sanctuary that quite literally floats in the clouds. Perched atop "a private 2.76-acre ridge," the four-bedroom concrete estate at 2805 Spyglass Ridge Road offers a level of luxury
Read More What’s the Real ROI on the $300 Million White House Renovation?

Most remodeling projects start with a problem: The kitchen is outdated, the kids need a pool. Or, in the case of the White House Ballroom, the president of the United States requires a place to host world leaders. Though it looms large in the minds of Americans, the White House is actually quite dem
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“Selling Sunset” star Nicole Young has been embroiled in plenty of public conflicts with fellow cast members throughout her run on the hit Netflix series, and through it all, has relied on her Woodland Hills, CA, home to serve as a private escape from the office drama. Yet, even as the 39-year-old r
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