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.
L.A.’s Infamous ‘Squatter Mansion’ Hits the Market for $4.4 Million After a New Coat of Paint

A vacant, graffiti-covered mansion in the Hollywood Hills, once overrun with squatters, has a new face-lift and is back on the market. For years, the six-bedroom, 12-bath mansion at 1754 Sunset Plaza sat empty after its owner, John Powers Middleton, appeared to abandon the property, creating a major
Read MoreH&M Development swoops in with condo plans after assisted living plan shelved in Weston

H&M Development scored approval for a condo complex in Weston after the landowner’s previous plan for an assisted living facility on the site was shelved. Aventura-based H&M has the development site at 357 Racquet Club Road under contract, planning 132 units across four stories. Prices are expected
Read More‘Catch Me If You Can’ Con Artist Frank Abagnale Warns AI Is Making Financial Fraud Easier Than Ever

Frank Abagnale believes that artificial intelligence is making it faster and simpler to commit financial fraud than ever before. Abagnale, whose exploits were featured in the Steven Spielberg film "Catch Me If You Can," has since spent 50 years helping the FBI spot fraud. He freezes his credit, does
Read MoreInside Russell Galbut’s play for Miami-Dade’s historic courthouse

Russell Galbut and Moishe Mana are vying for the site of Miami-Dade County’s historic courthouse after a months-long auction failed to attract a buyer. Galbut offered to pay the county’s $35 million asking price as part of his redevelopment proposal. He wants to build a 70-story apartment tower near
Read MoreNYC Must Scrap 17,000 Pied-à-Terre Tax Notices in Court-Ordered Do-Over

New York City must scrap roughly 17,000 notices sent to homeowners under its new pied-à-terre tax after a judge ruled officials improperly made New Yorkers prove they didn’t owe the surcharge before determining who actually did. “All previously Mailed Notices are to be cancelled,” Richmond County Su
Read MoreThe ‘choice market’ arrives as sellers face growing price pressure

Austin, Houston buyers gain choices as sellers cut prices
Read MoreRelated Ross sale/leaseback deal puts $290M convention center hotel in hands of Palm Beach County

Billionaire Steve Ross’ firm secured approval for a sale-leaseback with Palm Beach County to develop a second convention center hotel. The county is set to purchase the 1.8-acre Related Ross-owned parking lot and the future hotel to be built on it at 900 South Rosemary Avenue for $26 million. Relate
Read MoreNew homes still cost less than resales in many U.S. markets

Zillow reports that new homes in July sold at $205 per square foot, compared with $212 for existing homes
Read MoreSignature Homes thinks 100-day builds can win in a smaller market

Builder expects 530 closings and $430 million revenue in 2026, with 304 net orders in the first half
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“Southern Charm” cast member Craig Conover almost expanded his real estate portfolio with the money he received from selling the engagement ring he purchased for “Summer House” alum Paige DeSorbo. The Bravo couple called it quits in November 2024 after about three years together, but on the Sept. 16
Read More FHFA says Fannie, Freddie will use one LLPA grid for FICO and VantageScore

Change follows lender feedback after VantageScore 4.0 was approved for eligible conventional loans earlier this month
Read MoreAlaska Airlines unveils massive premium cabin overhaul in high-end travel race

Alaska Airlines is overhauling its Alaska and Hawaiian cabins to include brand-new top-tier suites, a premium economy class and other features.
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With the release of his new book—"The Steps: A Memoir"—actor Sylvester Stallone is opening about his life like never before. The "Rocky" star, 80, recently reflected on his 29-year marriage to Jennifer Flavin, admitting that given the chance for a "do-over," he'd speed up their relationship timeline
Read More Stay in Rock History: Kurt Cobain’s Famous 1990s Olympia Apartment Is Listed on Airbnb

Rock 'n' roll fanatics have the opportunity to step into history as one of Kurt Cobain’s apartments is now an Airbnb listing. Located on Pear Street in Olympia, WA, about 60 miles south of Seattle, the space has been updated and filled with Nirvana photos and memorabilia. The triplex building, which
Read MoreThe Contractor Pricing Gap: Why Remodeling Quotes Vary So Wildly These Days

Imagine you’re ready to renovate your kitchen. You get quotes from a few different contractors, only to find that they’re significantly different. Believe it or not, this is pretty normal. While prices are assuredly up given labor cost increases and the ongoing tariff costs being passed on to consu
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Dylan Sprouse and Barbara Palvin are settling into life at home as a family of three—and the new dad has offered an intimate glimpse into the everyday moments he's already cherishing with their newborn daughter. Just one day after the couple publicly revealed that they had welcomed their first child
Read More What $285,000 Buys You in San Francisco: A Rare 355-Square-Foot Studio With an Eat-In Kitchen

If you are overwhelmed by the sky-high costs of renting in San Francisco and looking for an affordable residence, an adorable 355-square-foot studio just hit the market in the South of Market (SoMa) neighborhood for just $285,000. Located in a historic 12-unit Edwardian building built in 1911, the "
Read MoreThese Home Insurance Blind Spots Threaten Your Equity, If You Ignore Them

If you have home insurance, you might rightfully assume that if your house gets damaged, insurance will pay to fix it. Unfortunately, what your policy actually pays for could look very different from what you expect. A loss can be covered but still leave you with thousands of dollars to pay yourself
Read MoreAlaska Airlines CEO 'not overly concerned' about new Boeing Max 10 delay

Alaska Airlines CEO downplayed concerns about a new delay to the Boeing Max 10's certification.
Read MoreNRMLA says it will keep pushing for HECM insurance changes after remarks by Ginnie Mae president

NRMLA President Steve Irwin said the trade group will continue to lobby HUD, FHA on lowering the upfront mortgage insurance premium for federally insured reverse mortgages
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