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.
American Airlines hires industry veteran to lead commercial team as profits trail rivals

Pieper has worked at Delta, Alaska and most recently at the Oneworld alliance.
Read MoreHere’s The Truth About Scoring a Mortgage Rate Below 6% Right Now

"When mortgage rates fall below 6%..." With affordability top of mind, time and again, agents and lenders are hearing that rates need to come down for buyers to come off the sidelines. And yet, for the better part of the past year, mortgage rates have hovered around the mid-6% range. On Thursday, m
Read MoreMiami mayoral candidates jockey for real estate donations

After city leaders lost a summer-long legal skirmish to postpone Miami’s November election to next year, the mayor’s race and two city commission races are back on. Now, all eyes are on the battle royale to replace termed out incumbent mayor Francis Suarez, in a fight featuring 13 contenders. Seven
Read MoreExisting-Home Sales Rise 1.5% in September as Falling Mortgage Rates Boost Demand

September saw a boost in sales of previously owned homes. Existing-home sales increased by 1.5% month-over-month in September, according to the National Association of Realtors®—and a 4.1% increase year over year. “As anticipated, falling mortgage rates are lifting home sales,” said NAR Chief Econom
Read MoreAtlantic Pacific, Catholic church propose 600 affordable apartments in Leisure City

Atlantic Pacific Companies and the Archdiocese of Miami want to develop a 600-unit affordable apartment complex next to the St. Martin de Porres Catholic Church in Leisure City. Miami-based Atlantic Pacific and the Archdiocese of Miami propose the complex with five apartment buildings with roughly
Read MoreAmerican Airlines profit forecast for the rest of the year tops estimates

American Airlines posted a smaller-than-expected loss for the third quarter.
Read MoreHome Equity Weakens as Underwater Mortgages Tick Up

A variety of economic factors are influencing the share of seriously underwater mortgages, which is up slightly in most states and contributing to lower home equity. The share of mortgaged properties considered seriously underwater rose in 35 states quarter over quarter and in 46 states year over ye
Read MoreBudget-Friendly Boston-Area Metro Remains the Top Affordable Housing Market in the U.S.

A New England metro located about an hour north of Boston has retained its title as the nation’s top affordable housing market for the second quarter in a row. Manchester-Nashua, NH, once again clinched the No. 1 spot in the Fall 2025 Wall Street Journal/Realtor.com® Housing Market Ranking, owing to
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Mom influencer Kirstin Czernek believed her prayers had been answered when she moved her family from Florida to their dream home in Tennessee—only to be brought to her knees when the youngest of her four children was diagnosed with cancer. At the time, the 37-year-old social media star had amassed a
Read More Detroit Motors to the Top of New Luxury Housing Market Ranking—Here’s How Its Fortune Has Changed

The Motor City is getting a new reputation and it's an expensive one. Detroit tops the list of luxury markets, according to a new Wall Street Journal/Realtor.com® Emerging Housing Market Index report. Yes, that's right—Detroit, a city that once filed for Chapter 9 bankruptcy, now can claim bragging
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An architecturally significant midcentury modern compound that somehow managed to survive the devastating California wildfires—even as neighboring properties were razed by the blazes—has hit the market for $2.45 million. The David Green House, named for its original owner, was conceived as an artist
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Harvey Weinstein's ex-wife, Georgina Chapman, is reportedly at risk of losing her $3.5 million New York City home to foreclosure after falling behind on her mortgage payments for the luxury property. According to legal documents obtained by Page Six, the fashion designer, 49, who was married to Wein
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Democratic nominee for mayor of New York City Zohran Mamdani has declared war on the scaffolding cluttering the sidewalks of the Big Apple and turning the metro into what he called a "concrete jungle gym." Under the mayoral front-runner's proposal, city-owned sidewalk sheds will be pulled down if th
Read More Rental Fraud Explodes in Atlanta Luxury Buildings—as Soaring Costs Push Tenants To Con Their Way In

Atlanta, a city once known for its affordability and Southern hospitality, is now grappling with a very different reputation: a hot spot for rental application fraud. As high-end apartments sit vacant and affordability dwindles, property managers report a sharp rise in applicants falsifying income,
Read MoreSouthwest beats earnings estimates, forecasts record revenue for current quarter

Southwest Airlines reported a surprise quarterly profit for the third quarter.
Read MoreNevada’s Housing Market Faces Double Threat: Shutdown Delays and Tourism Slump

What’s in a home sale? In Nevada, quite a lot. In the Silver State, every home sale fuels an average of three jobs, generates $141,000 in economic activity, and helps power 22.6% of the state’s gross product, according to research from the National Association of Realtors®. But as the federal govern
Read MoreMitash Kripalani, Virgilio Fernandez jump from Colliers to Cushman & Wakefield

Some of the sites they repped buyers in purchasing or sellers in selling include: 1451 Northwest 14th Street in Miami and 2200 Biscayne Boulevard in Miami A pair of Colliers brokers jumped to Cushman & Wakefield, marking a continuing shake-up at South Florida’s commercial real estate brokerages. M
Read MoreDisaster relief mogul family sells oceanfront Delray Beach mansion for $30M

The family that founded one of the country’s largest disaster relief companies sold an oceanfront Delray Beach mansion for $29.6 million. Records show the 1171 Ocean LLC, a Delaware entity managed by Saily Perkins, sold the home at 1171 South Ocean Boulevard to Sunset Pine Trust, with attorney Elana
Read MoreMAPPED: The Average Credit Score in Every State—as FICO Scores for Homebuyers Rise to 735

Credit scores will vary depending on how debt is managed. The median FICO score for homebuyers has risen to 735, according to Realtor.com® data. The average credit score in the U.S. is 715, according to FICO's Score Credit Insights report. That number has decreased by two points since 2024 because o
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Comedian Ellen DeGeneres has revealed a rare look inside her sprawling English countryside retreat nearly one year to the day after she and wife Portia de Rossi sensationally quit their U.S. abodes to relocate to the U.K. full time. Former TV host DeGeneres, 67, and de Rossi, 52, who are renowned fo
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