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.
Airlines waive flight-change fees for East Coast flights ahead of storm

U.S. airlines waived fare differences and change fees for more than a dozen airports ahead of an incoming coastal storm.
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Floating on Sausalito’s famed waterfront is a quaint houseboat—with massive star power. The 1,841-square-foot bobbing abode at 58 Liberty Dock was featured prominently in actress Jennifer Garner's hit 2023 AppleTV+ series, "The Last Thing He Told Me," which also starred "Game of Thrones" actor Nikol
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A gleaming glass sanctuary in the heart of the California desert has been put on the market for the first time since it was completed, offering a rare opportunity to enjoy the very best in off-grid living, with all the luxury of a modern megamansion. Known as "The Saturn Haus," the self-sustaining c
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In a land far, far away stands a "masterpiece" of a house that looks like it has been plucked straight from a Disney movie. Its turrets, colorful walls, and winding garden paths would serve as the perfect set for a fairy-tale film—but they are in fact the very real result of a 40-year love story. Ho
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An intriguing real estate riddle is unfolding in the tony Florida community of Palm Beach, where a prime oceanfront property has reappeared on the market for $39.5 million—just months after it was purchased for a much lower price. At the heart of the estate sits a dated mansion that is presented in
Read More Middle East gains ground with Chinese tourists during Golden Week

Chinese travel reservations to Doha in particular skyrocketed 441% year on year during the Golden Week, while bookings to Abu Dhabi grew 229% year over year.
Read MoreGovernment Shutdown Disrupts Housing Data—but Relief Is in Sight as Mortgage Rates Hold Steady

The federal government shutdown stretched past the one-week mark, interrupting data releases and likely delaying some home closings. Mortgage lenders have received guidance from Fannie and Freddie on adaptations they can make to minimize disruption, which will help. One bright spot, Bureau of Labor
Read MoreTech Pulse: Mortgage leaders stress forward thinking

Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: Mortgage execs advise lenders to embrace technology or risk falling behind Lenders were u
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Hollywood heavyweight Brad Pitt and his girlfriend, Ines de Ramon, have reportedly taken a major step in their relationship by moving in together—just weeks after the actor snapped up a brand-new $12 million home in Los Angeles. The Oscar-winning star, 61, and his 32-year-old partner, who began dati
Read More Slocum Home Team joins eXp Realty after 76 years in Rhode Island

The Slocum Home Team, a three-generation family real estate business founded in 1949, has joined eXp Realty. Founded by George Slocum in Warwick, Rhode Island, the brokerage has been a fixture in local real estate for the better part of a century. The team is now led by Nick Slocum and includes 30 a
Read MoreAirlines tell passengers to prepare for delays as government shutdown continues

Air traffic control staffing shortages have driven up some flight delays at U.S. airports this week.
Read MoreBillionaire Ken Griffin proposes private megayacht marina on Miami Beach’s Terminal Island

Billionaire Ken Griffin, who owns well over $1 billion of South Florida residential and commercial real estate, wants to open a private megayacht marina in Miami Beach. Griffin, through an affiliate, filed a proposal for a 30,000-plus-square-foot marina with four buildings at 120 MacArthur Causeway
Read MoreJeff Greene sues West Palm Beach to force approval for stalled condos

Billionaire developer Jeff Greene filed suit against West Palm Beach, alleging the city has improperly stalled approvals for his planned luxury condominiums. The developer said he believes Mayor Keith James is delaying the project as retaliation for Greene’s opposition to a city land deal with bill
Read MoreSpirit Airlines wins approval for $475 million lifeline in bankruptcy court

Spirit Airlines will get a $475 million lifeline from its bondholders and another $150 million from an aircraft lessor.
Read MoreCompass adds the Salaverri Windsor Group in Florida

Compass announced that the Salaverri Windsor Group. a Sarasota, Fla.-based real estate team, has joined the company. Led by Georgia Salaverri and Steven Windsor, the team has more than 30 years of combined experience in real estate. “We are thrilled to welcome the Salaverri Windsor Group to Compass,
Read MoreCalifornia Finally Ends ‘Home Equity Theft’—Closing the Last Loophole in Property Tax Foreclosures

In 2023, the Supreme Court issued a landmark ruling that reaffirmed a basic constitutional principle: When the government seizes property, it cannot keep more than what it is owed. And yet, until this month, it was still happening to California homeowners who fell behind on their property taxes. Whe
Read MoreAffiliated launches $250M fund for mixed-income multifamily projects

Affiliated Development is looking to raise $250 million to provide equity capital for mixed-income multifamily projects across Florida. Fort Lauderdale-based Affiliated, led by Nick Rojo and Jeff Burns, recently completed its initial round of capital fundraising, securing $50 million in commitments
Read MoreSuspected $100M real estate fraud scheme uncovered in Baltimore

A suspected real estate fraud ring involving New York-based investors has triggered a wave of foreclosures across Baltimore, according to a local report. A months-long investigation by The Baltimore Banner uncovered the scheme, which allegedly involved EGBE Ventures and related companies tied to inv
Read MoreFormer Zillow Flex agent on who benefits from Premier agent class action lawsuit

In full transparency: My former Dayton, Ohio real estate team is one of Zillow’s top-performing Flex partners, closing a significant number of Flex deals every month. I understand how the program works — the good, the bad and the fine print. When I read about the new class-action lawsuit accusing Zi
Read MoreMidtown Capital advances plan under Live Local for 300-unit apartment building in Plantation

Midtown Capital Partners advanced its plan to build 300 apartments, including 60 affordable housing units, on a parking lot at a Plantation office park, under the state’s Live Local Act. The Plantation City Council on Wednesday unanimously approved a site plan for the six-story multifamily developme
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