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.
Retreat! Justin Rundle backs off fraud allegations against Canero principals

Justin Rundle is rescinding his accusations that his ex-business partners, the father-and-son team that leads Canero Group, allegedly committed fraud and misappropriated project funds in connection with six developments in Miami-Dade County. On Sept. 19, Rundle, son of Miami-Dade State Attorney Kath
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Air traffic controllers are required to work despite no pay during the government shutdown.
Read More Finance of America partners with Better to expand into home equity lending

Finance of America (FOA) will begin offering home equity lines of credit (HELOCs) and home equity loans for homeowners ages 55 and older through the Tinman AI Platform that’s owned by Better Home & Finance Holding Co. At the same time, FOA will become Better’s partner for reverse mortgages, the comp
Read MoreDevelopers plan Live Local Act towers in Wynwood Norte, Overtown with nearly 800 units total

A pair of developers propose two separate Live Local Act projects in Miami with 791 units combined, continuing the flurry of applications under the state’s workforce housing law. In the Wynwood Norte neighborhood, Alexis Bogomolni’s ABH Developer Group wants to build the 36-story, 293-unit Wyn Park
Read MoreDeadly Typhoon Destroys Dozens of Homes in Alaska, Forcing Hundreds of Residents Into Shelters

Alaska residents are still coming to grips with the deadly flooding from the remnants of Typhoon Halong, which wiped away villages and wreaked havoc on roads and homes. The record-setting storm left at least one person dead and damaged main roads and infrastructure, including a regional airport. The
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Meghan Markle and Prince Harry's recent trip to New York City included a visit to the historic home of activist Gloria Steinem—whom the Duchess of Sussex was seen happily embracing in a new video montage of the couple's experiences in the Big Apple. Meghan, 44, and Harry, 41, had originally traveled
Read More Dark Matter expands Empower LOS with eClosing integration

Dark Matter Technologies has expanded its Empower loan origination system (LOS) to include eClosing capabilities by integrating Wolters Kluwer’s eOriginal ClosingCenter and eOriginal eAsset Management Platform, the company announced Tuesday. The integration enables a fully digital mortgage closing p
Read MoreTwo Offers, One Decision: How Sellers Should Choose Between Cash and Contingent Buyers

Receiving two offers on your home can be exciting and difficult at the same time. After all, it’s up to you, the seller, to decide whose offer to accept. If you’re debating between a “sure thing” cash buyer or first-time buyer relying on financing, things can get even tougher. While your net procee
Read MoreMat Ishbia reimagines servicing at UWM through Bilt rewards platform

United Wholesale Mortgage (UWM)’s new partnership with loyalty platform Bilt underscores CEO Mat Ishbia’s vision for the company’s servicing portfolio since bringing these operations in house. Traditionally a seller of mortgage servicing rights (MSRs), the lender may now be more focused on retaining
Read MoreMortgage rates aren’t budging during the shutdown. How long will it last?
The story of the 2025 housing market hasn’t been as positive as many industry professionals would like, but the last three months of the year could serve as a warm blanket to an otherwise chilly environment. On Tuesday, HousingWire’s Mortgage Rates Center showed that 30-year conforming loan rates av
Read MoreTrump’s Tariffs on Lumber and Cabinetry Kick In, Hitting Homebuilding and Renovation

President Donald Trump's new tariffs on imported lumber and wooden fixtures have taken effect, potentially raising the cost of home construction and renovations. The tariffs, aimed at boosting U.S. timber production, officially kicked in at 12:01 a.m. on Tuesday. They include a 10% tariff on all tim
Read MoreYour Next Kitchen Remodel Just Got 50% More Expensive, Thanks to Trump’s Latest Tariffs

The Trump administration announced several tariffs last month, which will have a significant financial impact on homeowners considering renovations. The U.S. is now collecting tariffs on imported timber, lumber, kitchen cabinets, bathroom vanities, and upholstered furniture. The import taxes—initial
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Hollywood actor Alec Baldwin has apologized to his wife, Hilaria, after crashing her white Range Rover into a tree near the family's $11 million Hamptons home—before blaming the accident on a truck that he claims "cut him off" while he was driving with his brother Stephen. Alec, 67, was caught on ca
Read More Boeing delivers 55 planes in September, on track for most in a year since 2018

Boeing handed over 55 aircraft in September, putting it on track for most annual deliveries since 2018 as production stabilizes.
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"Sister Wives" star Kody Brown grew emotional as he prepared to leave the Arizona house where he weathered some of the toughest moments of his life—including the death of his son and the end of three of his marriages. Kody, 56, who shot to fame while documenting his life with multiple "wives" in the
Read More UWM and Bilt Launch Partnership To Revolutionize Mortgages With Rewards for Homeowners

Earning rewards points on your mortgage payments has finally become a reality. United Wholesale Mortgage (UWM) and Bilt, announced on Tuesday a historic strategic partnership that they promise will reimagine “the mortgage experience” through the entire homeownership journey. Starting in early 2026,
Read MoreHousing Trust Group advances all-affordable apartment development in Hollywood

Housing Trust Group won approval from the city of Hollywood for Hillcrest Village, an all-affordable, eight-story apartment development with 110 units in the city’s Hillcrest area. The Hollywood City Commission voted unanimously last week to rezone the Hillcrest Village development site, approve the
Read MoreBoca Raton house asking $10M tops Palm Beach County luxe contracts

A Boca Raton home in the gated St. Andrews Country Club neighborhood topped luxury contracts in Palm Beach County last week. Buyers signed 10 contracts between Oct. 6 and Oct. 12 for luxury properties in Palm Beach County, according to a market report from Douglas Elliman’s Eklund-Gomes team. The ho
Read MoreThe Government Shutdown Is Hitting the Housing Market Hard—and Florida Shows What’s at Stake

While Congress remains at a standstill, the effects of the federal government shutdown are beginning to ripple through Florida’s housing market—and the fallout could soon reach the rest of the country. The warning signs are mounting. Flood insurance renewals are in limbo as the National Flood Insura
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An extraordinary megamansion in Los Angeles has come back on the market for the eighth time in six years with an equally extraordinary $35 million increase from its previous listing price. Known as Casa Encantada, the staggering estate first appeared on the market in October 2019 with an asking pric
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