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.
Stockton Mortgage elevates founder David Stockton to CEO, names new president

Anthony Whiteside becomes president, while Scott Bristol joins as EVP of national sales
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The woman who fired several gunshots at Rihanna's $14 million Beverly Hills, CA, mansion has been found competent to stand trial. Ivanna Lisette Ortiz, 35, was charged with one count of attempted murder, 10 felony counts of assault with a semiautomatic firearm, and three felony counts of shooting at
Read More The Fed’s Favorite Inflation Metric Just Hit 3%—Cooling Urgency for Rate Hike

A key inflation gauge closely tracked by the Federal Reserve cooled more than anticipated last month even as consumer spending rose, casting doubt on further interest rate hikes this year. The core Personal Consumption Expenditures (PCE) index, which strips out volatile food and energy prices, ros
Read MoreWorld Cup Delivered $2 Billion Economic Boost to New York City—and a Win for STRs

The 2026 FIFA World Cup delivered an estimated $2 billion economic boost to New York City this summer, as more than $1 billion in visitor spending flowed into hotels, restaurants, shops, and other businesses across the five boroughs. Mayor Zohran Mamdani announced the figure Wednesday, offering the
Read MoreBuyers cash out of $23M Boca Raton estate in move to West Palm Beach

Aviation investment executive Salvatore Calvino and his wife, Karen, traded one Palm Beach County estate for another in two recent transactions. Records show the couple sold their Boca Raton waterfront home at 2989 Spanish River Road for $22.5 million, or $1,866 per square foot. They paid $7 million
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Chris Brown has been granted another trial after a jury ordered him to pay $12.9 million in damages to his former housekeeper, Maria Avila, after she was attacked by his dog while at his $6 million California home. Avila was brutally attacked by his 200-pound Caucasian shepherd guard dog, Hades, at
Read More Jerri and David Hoffmann on Building a Big Life

Jerri and David Hoffmann stand within their 17,200-square-foot residence, one of two dwellings on their Port Royal property. Photo by Nick Shirghio Boaters navigating the Port Royal canals are greeted by an imposing figure standing sentinel on the grounds of one of Naples’ most spectacular propertie
Read MoreMortgage Rates Hit 7.3%: Application Volume Plunges to Slowest Pace Since 2025

Mortgage applications fell 6% last week, as the Federal Reserve interest rate hike continues to slow the market, according to the Mortgage Bankers Association. For the week ending Sept. 25, MBA's Market Composite Index—a measure of total mortgage loan application volume—fell 6% on a seasonally adjus
Read MoreThe Naples Players Welcomes All to the Stage Fright 5K

Lace up your running shoes for The Naples Players’ inaugural Stage Fright 5K on October 31. Photo courtesy of AdobeStock The Naples Players will host the inaugural Stage Fright 5K, a one-of-a-kind community race that encourages participants to face their fears, celebrate wellness, and support one of
Read MoreWaterside Shops Hosts Meet the Brands Hiring Event

Photo courtesy of Waterside Shops Waterside Shops will host a Meet the Brands hiring event at True Food Kitchen to connect job seekers with immediate employment opportunities at participating retailers and restaurants on October 1, from 9 to 11 a.m. Attendees can meet with store representatives, lea
Read MoreWild ‘Caveman’ Rock House Lists for $59K—and It’s This Week’s Most Popular Home

A wild abode in Armington, IL, with rock-lined walls, ceilings, and doorways, has just hit the market for an astonishingly low asking price of just $59,000, making it climb to the top spot of the week's most popular homes list. The earth-sheltered dwelling was constructed in 1977 by Andy "Caveman" D
Read MoreAuto insurance exec finds buyer for West Palm Beach waterfront mansion

Auto insurance executive John Rost found a buyer for his West Palm Beach waterfront home asking $26.5 million, marking the priciest new contract for Palm Beach County. Buyers signed 14 luxury contracts between Sept. 21 and Sept. 27, according to Douglas Elliman’s Eklund Gomes team, which tracks all
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Billionaire hedge funder Ken Griffin closed on his purchase of Mana Wynwood for $1.1 billion, an all-cash deal that has been in the works for roughly three years. Investor and developer Moishe Mana sold the property, Mana confirmed to The Real Deal in a sit-down interview. Griffin and Carnegie Mel
Read More Sellers Slash Prices at Historic Pace To Lure Buyers Sidelined by Mortgage Rates

Surging mortgage rates chilled the housing market in September, forcing sellers to slash prices at historic levels to revive slipping demand. Nationally, the share of listings with price cuts reached 20.8%, up 0.9 percentage points year over year, exceeding 2025 levels for the first time in 2026, a
Read MoreThe promise and risk of AI in mortgage lending and secondary markets

SitusAMC’s Julia Curran explains why mortgage AI requires rigorous testing, subject-matter expertise and human oversight to deliver efficiency without introducing new risk
Read MoreYou may not just have one credit score

Fannie Mae and Freddie Mac now allow VantageScore 4.0 as an alternative to Classic FICO for eligible loans
Read MoreThe ROAD to Housing Act: The latest milestone in the history of American public housing

With 860,000 public housing units remaining, Congress locks in RAD authorization and extends its reach as investment totals $28.4 billion
Read MoreJudge denies Zillow’s motion to dismiss antitrust lawsuit

Court cites 35%-40% referral fees and claims of 60% audience share in denying Zillow’s motion to dismiss
Read MoreNicola Siervo, Roman Jones pay premium rent for planned Italian restaurant on Miami River

Hospitality veteran Nicola Siervo and House Kiki’s Roman Jones are taking 7,900 square feet on the Miami River for the pair’s restaurant joint venture Mercante Ristorante & Piano Bar. The Italian concept is slated to open for brunch, lunch and dinner later this year at 404 Northwest North River Driv
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Jennifer Lopez is adjusting to a very different home life as her 18-year-old twins, Max and Emme, prepare to embark on their next chapter. The 57-year-old singer and actress—who is attempting to sell her and ex-husband Ben Affleck's $50 million marital mansion—opened up about the emotional reality o
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