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.
FHA expected to keep Classic FICO as it adds new models in January

Lenders expect model consistency will be required at the loan level
Read MoreTracking Tropical Storm Dolly: Where It Will Hit and Which Homeowners Should Prepare

Tropical Storm Dolly is heading toward the Leeward Islands in the northeastern Caribbean as soon as this weekend, before setting its sights on the U.S. Meteorologists have marveled at the less active Atlantic hurricane season this year, and predict this storm won’t actually reach hurricane status.
Read MoreMBA president fires back on claims of poor FHA underwriting

Bob Broeksmit said WSJ op-ed erroneously linked the health of an independent lender to the health of the FHA's Mutual Mortgage Insurance Fund
Read MoreMortgages Now Take 36% of a Typical Family’s Income. Here’s How Financial Experts Say To Prepare

New findings from the latest NAHB/Wells Fargo Cost of Housing Index, a quarterly analysis of housing costs in the United States, paint the real picture of affordability facing homeowners and prospective buyers today. A family earning the nation's median income of $106,800 now needs 36% of that incom
Read MoreFed Chair Warsh will vote to hike rates if data doesn’t improve

The three things that matter now
Read MoreA ‘Snowier-Than-Normal Winter’ Is Headed Toward These Homeowners, Warns The Old Farmer’s Almanac

As winter approaches, homeowners across the United States should prepare a bit differently for the season than in past years, depending on where they live. While predictions of a volatile winter have already been shared, according to the Old Farmer’s Almanac Winter 2026–2027 forecast, the nation wi
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Skiing sensation Lindsey Vonn has trimmed another $100,000 off the asking price of her Beverly Hills mansion—just months after relisting the home. Vonn, 41, who is currently undergoing rehabilitation and treatment after suffering a horrific crash at the 2026 Winter Olympics in Italy, initially put h
Read More Nearly Half of Middle-Income Renters Make More Than Their Parents but Still Can’t Afford Homes

The dream of homeownership is fading for thousands of middle-income Americans, according to a new survey. Some 44% percent of middle-income renters say they earn more than their parents did at the same age, but that they still can’t afford a home, according to the survey from Neighbors Bank. The sur
Read MoreFed Chairman Kevin Warsh Leaves the Door Open for September Rate Hike in Jackson Hole Speech

Federal Reserve Chairman Kevin Warsh left the door open to a possible interest rate hike this fall in his highly anticipated speech in Jackson Hole, WY, on Friday, saying the central bank will have "work to do" if inflation doesn't fall soon. Warsh, speaking for the first time as chairman at the Kan
Read MoreWarsh delivers hawkish Jackson Hole speech, fueling speculation of a September rate hike

Markets now see a 57.4% chance of a September rate hike
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Robert De Niro has spent more than five decades building one of Hollywood’s most celebrated careers—and an incredibly unique property portfolio, one that revolves heavily around his hometown of New York. The "Taxi Driver" star, who was born and raised in Manhattan, where he lived primarily in the Li
Read More Controversial industrial HQ project outside Miami’s UDB back for a vote

A polarizing proposal for an industrial headquarters on 246 acres of land is coming back for a vote, this time committing to preserve more of the ecologically vital wetlands on the site. But environmentalists and opponents say it’s not enough. Kelly Tractor, a heavy machinery supplier led by a four
Read MoreInside the ‘Cultlike’ Quest To Find the Rare Wood Needed To Restore Midcentury Modern Homes

When Sophia deDomenico moved into a historic Eichler home in Thousand Oaks, CA, the interior architect and designer knew she wanted to restore its original glory using authentic materials wherever possible. What she didn't expect, however, was how the search for the lauan mahogany plywood panels and
Read MoreColleges Are Closing Dorms—This Town Wants To Turn Them Into Housing

Roughly 3,000 dorm beds at four universities identified by Realtor.com® are being closed, left vacant, or demolished in 2026 as colleges grapple with falling enrollment and weaker demand for campus housing. Those changes are emerging just as the traditional college-age pipeline is poised to shrink.
Read MoreAI can estimate a home. An appraisal can inform the decision.

Appraisers apply standards, bias controls and property-specific market analysis that models do not require
Read More“The Crooked E” and manufactured housing: Evidence of systemic failures and corruption

The Manufactured Housing Institute (MHI) consolidation thesis
Read MoreReal REMAX Group halts Motto Mortgage franchise growth

Vic Lombardo, the president of REMAX’s mortgage services, had stepped down from his role
Read MoreRishi Kapoor sentenced to 11-plus years behind bars for $89M fraud scheme

Developer Rishi Kapoor is headed to prison for orchestrating an $89 million fraud scheme, with a ring and a car as the only valuable assets left to show for the grift. The former Location Ventures and URBIN Companies CEO was sentenced to 11 years and four months in prison Thursday after pleading gu
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Ryan Reynolds has shared an glimpse at his and Blake Lively's sprawling New York property in a heartwarming tribute for his wife on her birthday. The actor, 49, who tied the knot with Lively, 39, in 2012, took to Instagram to celebrate his wife on her special day, as he branded Aug. 25 their family'
Read More Cortland sells multifamily complex for $208M as market oversupply shows signs of balancing

Fairfield Residential bought a massive West Palm Beach apartment complex for $208 million, as the multifamily market finds it footing after a slowdown in recent years. The multifamily trade was the second biggest in South Florida so far this year. San Diego-based Fairfield purchased the 812-unit P
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