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.
Final member of $6M-plus insurance fraud ring sentenced to nearly 4 years

A Davie woman pleaded guilty for her role in a $6.6 million insurance fraud con and will serve nearly four years in prison, ending the unraveling of a massive scheme that spanned South Florida and the rest of the state. Lisette Patricio, 64, was sentenced to three years and nine months followed by
Read MoreSouth Florida’s top deals: Kimco buys Broward shopping centers for $109M

🏆 Residential: Fort Lauderdale had the priciest home sale recorded in South Florida. A company managed by Michael D. Snyder, founder and CEO of MDS Energy Development, parted with the home at 340 San Marco Drive for $9.5 million. The buyer was a company tied to Margaret Yu and Thomas Lee. The prope
Read MoreMore Than 1,000 Schools Closed—and Home Values Could Take the Hit

More than 1,000 public schools across 700 communities closed last year, according to new data—shuttering a prized neighborhood amenity and potentially putting nearby home values at risk. Just ask Virginia Morris. She and her family moved to their neighborhood in Oro Valley, AZ, because they saw the
Read MoreUnsustainable US construction demand is impeding housing market success

The AI boom over the last few years has created a new class of exceedingly wealthy technology innovators, investors and employees. Compounded with a bullish stock market and IPOs like SpaceX sending employees into affluence within days, it comes as no surprise there’s increasing demand for complex,
Read MoreReducing risk: Why the right IT service provider matters

In real estate, title insurance and mortgage lending, technology keeps transactions moving. Production platforms, email, cloud applications and networks must operate reliably and securely, often under significant time pressure. For many small and mid-sized organizations, managing that environment en
Read MoreThe mortgage industry has been focusing on only half the market

For decades, the mortgage industry has focused on helping consumers buy and refinance homes. It’s where lenders have built their businesses, where technology has evolved and where most originators have spent their careers. But that’s only half the market. Every day, homeowners move into a new phase
Read MoreProprietary reverse mortgages are outpacing HECMs. It’s time to raise the bar on fee transparency.

Recently, a woman contacted me after her daughter encouraged her to get a second opinion before closing on a reverse mortgage. She had already chosen a lender, attended reverse mortgage counseling, completed her application and was ready to move forward. She simply wanted someone to review the numbe
Read MoreImmigration Helped Revive Springfield—Now Its Recovery Is at Risk

“The word I hear most often about the Haitian community right now is 'panicked,'” Michael E. McClelland, a longtime Springfield resident, tells Realtor.com®. In recent years, the Ohio city had begun gaining what it had lacked for decades: people. Thousands of Haitian immigrants made homes there, too
Read MoreMeritage Q2 2026 earnings telegraph move-up buyer pivot

For much of the past decade, Meritage Homes has stood as one of public homebuilding’s clearest business use cases that thoughtfully designed, efficiently built entry-level homes could unlock homeownership for thousands of households who otherwise might have remained renters. The company’s strategy w
Read More-

Madison Realty Capital is being accused of financial mismanagement, negligence and more over its handling of a downtown Miami condo-hotel tower, according to a lawsuit. The situation is so dire that the Marquis Miami Condominium Association is asking a judge to appoint a receiver to take over contr
Read More Fed Researchers Offer a New Homeownership Metric—and It Drops the Rate to 53%

The Federal Reserve of Minneapolis has proposed a new way of measuring homeownership that would change the current view of the housing landscape. In a paper released earlier this month, researchers suggested that homeownership in America should be measured not by the share of homes where the owner i
Read MoreHip hop mogul Rick Ross adds “developer” to resume in Miami Gardens

The rapper whose hit single “Hustlin’” debuted two decades ago is bringing his hustle to real estate development. Rick Ross joined the development team of EnSima, an eight-story 670-unit residential project in Miami Gardens, Bisnow reported. The Grammy-nominated artist is partnering with EnSima Miam
Read MoreFirstTeam and Purlin on avoiding AI mistakes: ‘Some stuff actually creates more work’

FirstTeam Real Estate, a California powerhouse that reported $6.12 billion in 2025 volume across 5,978 transactions — good enough for national ranks of No. 34 and No. 67, respectively — has partnered with Purlin to deploy an artificial intelligence (AI)-powered operating system across the brokerage.
Read MoreFlorida REIT accused of fraud, spending investor money on jets, jewelry, gun ranges, adult clubs

A Port Richey-based real estate investment trust and its founders are under fire for allegedly swindling $5 million from a $152 million real estate fund and spending it on expenses like jets, jewelry, gun ranges and adult nightclubs. The SEC filed charges on July 29 in the U.S. District Court for th
Read More‘Is This House Haunted?’ The Strangest Questions People Are Asking RealAssist AI

Forget mortgage rates and property taxes—today’s home shoppers on Realtor.com® are sussing out the real dealbreakers. From suspected haunted listings to backyard chicken logistics, some buyers are ditching standard search terms and taking a delightfully quirky approach to house hunting. Home shopper
Read MoreMedicare Part D support cut amid rising retiree costs

As older Americans continue to grapple with escalating housing expenses, a higher overall cost of living and growing health care costs, new Medicare Part D figures for 2027 could further influence household budgets. Adding to that financial picture, the Trump administration announced it will end a t
Read MoreSean ‘Diddy’ Combs’ Prison Release Date Is Moved Up—Weeks After $55 Million Miami Mansion Sells

Rapper Sean "Diddy" Combs' planned release date from prison has been moved up by 12 weeks—just two weeks after the disgraced music mogul sold the Miami mansion he once put up for collateral in his failed bid for bail in his sex-trafficking case. Combs, 56, was found guilty on two counts of transport
Read MoreLPT Realty set to go public after parent files IPO paperwork

LPT Aperture Holdings, the parent company of LPT Realty and Aperture Global Real Estate, has confidentially submitted a draft registration statement to the Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of its common stock, the company announced on Thursday. Th
Read MoreChris Gallo enters guilty plea in federal mortgage fraud case

Christopher Gallo, once one of the nation’s top mortgage loan officers, has pleaded guilty to conspiracy to commit bank fraud in a federal court in New Jersey, according to court filings reviewed by HousingWire. Gallo entered the guilty plea to count one of the indictment — conspiracy to commit bank
Read MoreTop permits: $44M condo reno, massive Baptist hospital expansion

🏆 Alteration: The largest permit issued was for a $45 million interior alteration permit at 8900 North Kendall Drive in Kendall, where Baptist Health South Florida is undertaking the expansion of its main campus, Baptist Hospital Miami, spanning 111,500 square feet. Job Filing Number: 2026060461 📊
Read More
Categories
Recent Posts










