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.
Why late payments are stalling construction projects, and how to break the cycle

Seventy percent of general contractors and subcontractors consistently face late payments, costing the construction industry nearly 300 billion dollars last year. In today’s economy, GCs and subcontractors are already working on incredibly thin margins. Without cash coming in when planned, there is
Read MoreSix keys to tuning up the $15 trillion mortgage servicing sector

I’m a mortgage servicer by trade, but also a music lover and guitar player. A guitar has twelve notes, and from this comes every song, every genre, every hit ever written. Servicing works the same way. The structure is fixed – loan, customer, property – but what you can now build on top of it with A
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Usher is back with a bang—and a splash of controversy—after embarking on a new stadium tour with fellow performer Chris Brown, marking the latest in a long line of sold-out performances the musician has done during his 30-year career. The "OMG" singer, 47, who is originally from Texas, kicked off hi
Read More Hillstone Bal Harbour abruptly closes its doors after over a decade

Hillstone at Bal Harbour has shut its doors after 11 years, marking the latest restaurant vacancy at the 61-year-old luxury mall. The restaurant announced the closure of its 6,400-square-foot space, perched on the second floor of the Bal Harbour Shops at 9700 Collins Avenue, encouraging customers to
Read MoreBill To Double Capital Gains Tax Exclusion Picks Up Momentum in Congress

A bill to double the capital gains tax exclusion to curtail the penalty on home sellers is gaining traction in Washington, DC. The More Homes on the Market Act has attracted four additional co-sponsors before both chambers adjourned for the August recess. Three Democrats in the House threw their sup
Read MoreBroward County plans massive development around Florida Panthers Sunrise arena

Broward County is planning a massive mixed-use development for the area surrounding the Florida Panthers’ Sunrise home base. County officials submitted an application for the project, which would bring multifamily units, commercial space, hotel rooms and green space to the 154-acre site surrounding
Read MoreHome Values in Exclusive Jackson Hole Explode Up to 2,000% in 30 Years

Since the 1990s, home prices throughout the country have skyrocketed—but the increase in home values in one exclusive, ultraluxury territory far exceeds the national average. Nationally, home values rose about 300% from 1995 to 2025, according to data from the Case-Shiller home price index. Meanwhil
Read MoreFlock Cameras Are Surveilling You Before You Get Home—Know Your Rights

No matter where in the country you live, you’ve likely seen one—and more than one have absolutely seen you. The use of automated license plate reader technology has become ubiquitous, led by companies such as Flock Safety. Flock’s cameras identify vehicle details—including make, model, color, and o
Read MoreSplitero expands home equity investment offering to four new states

Splitero, a financial technology company that aims to help homeowners access their home equity without taking on additional debt, has expanded to Idaho, Missouri, Montana and Wyoming. “Our latest expansion allows us to help more homeowners access the equity in their homes to better their lives witho
Read MoreNew-to-market investment bank and tech firm ink leases at Steve Ross building in West Palm

New-to-market investment bank Solomon Partners and analytics firm MSCI landed at one of Steve Ross’ downtown West Palm Beach office properties. The deals come as Ross, the octogenarian billionaire who is downtown West Palm’s biggest office landlord, is re-making the area, including into a hub for f
Read MoreLas Vegas Home Prices Pull Back From Record Highs

Las Vegas' housing market is cooling off a bit after hitting record highs earlier this summer. The median price of single-family homes sold in Southern Nevada dipped to $480,000 in July, down 1% from a year earlier and down 2% from the all-time high this past May and June. Similarly, the median pric
Read MoreCCM to issue $500M in senior notes as Two Harbors deal nears closing

CrossCountry Intermediate Holdco (CCM) is expected to issue $500 million of senior unsecured notes, coinciding with the projected August closing of its Two Harbors Investment Corp. acquisition. Fitch Ratings said it expects to rate the issuance at ‘BB-(EXP)’, ranking pari passu with existing senior
Read MoreAfter scaling Real and eXp, Erinn Nobel wants to build a brokerage with intention

After years of honing the craft of brokerage growth and development at firms like The Real Brokerage and eXp Realty, Erinn and Peter Nobel decided to use their skills to found and launch ENRG. Realty in January 2024. After starting her real estate career in 1999 as an agent at a boutique brokerage
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The sprawling Beverly Hills mansion that heiress Paris Hilton and her husband, Carter Reum, rented before buying their own $63 million estate in the same area has returned to the market with a sky-high asking price of $165,000 a month. While the listing agents declined to comment on the home's forme
Read More TikTok Is Lying To You: How To Remove Limescale the Right Way

If you notice limescale—white or gray crusty deposits around your showerheads, toilets, sinks, faucets, and other places where water evaporates—you may be desperate to get rid of it. As you search the internet for possible solutions, the #CleanTok hashtag on TikTok might convince you that mixing bak
Read MoreConsumer groups warn CFPB rollback of mortgage rules could expose borrowers

A coalition of consumer and housing advocacy organizations is urging the Consumer Financial Protection Bureau (CFPB) to preserve key mortgage borrower protections, warning that proposed changes to federal lending rules could leave consumers vulnerable to predatory practices and unaffordable loans. T
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A damaged roof, flooded kitchen, or house fire can turn your life upside down overnight. But for many homeowners, the next financial emergency begins after the insurance claim is filed. A new analysis from the Consumer Federation of America and Weiss Ratings estimates that home insurers collectively
Read More UWM faces law firm fraud probe, analyst stock price cuts after Q2 loss, Oaktree deal

UWM Holdings Corp. is facing a securities fraud investigation and fresh cuts on Wall Street after reporting a loss for the second quarter and a $2.05 billion capital raise. UWM reported that a hedge established around its attempted acquisition of Two Harbors Investment Corp.’s mortgage servicing rig
Read MoreUWM sues Two Harbors over failed merger deal, seeks to recover more than $500M

United Wholesale Mortgage (UWM) filed a lawsuit on Monday that accuses Two Harbors Investment Corp. (TWO) of willfully breaching its merger agreement and committing fraud while pursuing a competing deal with CrossCountry Mortgage (CCM). UWM alleges TWO’s leadership deliberately undermined the stockh
Read MoreSurf Club Four Seasons condo asking $32M tops signed contracts

A unit at Four Seasons Residences at the Surf Club in Surfside, with an asking price of $31.5 million, topped new signed contract activity in Miami-Dade County last week. Buyers signed 14 luxury contracts in Miami-Dade between Aug. 3 and Aug. 9, according to the weekly report by Douglas Elliman’s E
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