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.
Non-agency is not subprime. The mortgage industry needs to start acting like it.

In the mortgage industry, no word carries more stigma than subprime. For anyone who lived through 2008, it brings up memories of falling home values, rising foreclosures and a financial system that nearly came apart at the seams. Pinning that same reputation on non-QM lending is a mistake the indust
Read MoreExecution is the edge mortgage banks can control

When rates surged and the mortgage market shifted almost overnight, lenders were forced into difficult decisions. Growth plans changed. Costs were reassessed. Teams had to adapt quickly to a different operating reality. At Atlantic Bay Mortgage Group, that moment reinforced a simple truth: While mar
Read MoreHistoric cottage near Citadel’s Brickell HQ to move to Coconut Grove

The 121-year-old cottage near Ken Griffin’s future Citadel headquarters in Brickell is getting a new home. Dade Heritage Trust, the nonprofit that leases the cottage on the City of Miami-owned land at 190 Southeast 12th Terrace, will be moving its headquarters to Coconut Grove, executive director Ch
Read MoreSouthwest Airlines' third-quarter forecast falls short as fuel bill climbs

Southwest Airlines reported a more than 9% increase in second-quarter profit as higher fares are increasingly helping the airline cover its fuel tab.
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A luxurious Vermont mansion that features a climate-controlled underground tunnel, reinforced concrete vault, and a host of over-the-top amenities has been put on the auction block—with no minimum bid and no reserve. That means that the homeowners, Adam and Sarah Hergenrother, are handing over the
Read More Summermaxxing: Wealth boom brings heat to South Florida with pricey off-season sales

Last week, top broker Joel Lusky brokered two deal deals in North Miami on the same day totaling $36.5 million in combined dollar volume. Both home sales set records for their respective neighborhoods. The sales, in the dead of summer, speak to the steady stream of luxury and ultra-luxury deals clo
Read MoreHouse subcommittee probes Compass MRED private listing network deal

A House Judiciary subcommittee is pressing Compass International Holdings and Midwest Real Estate Data (MRED) to explain their nationwide private listing network partnership, citing concerns that the arrangement could limit transparency, reduce competition and harm homebuyers and sellers. The House
Read MoreRivani’s $50M Miami Beach office expansion with Playboy HQ heads to voters

The fate of Robert Rivani‘s proposed $50 million rooftop expansion and 106-year lease extension for the Miami Beach office building that will house Playboy’s headquarters is in the hands of Miami Beach voters. Miami Beach commissioners approved the measure for The Rivani office building at 1691 Mich
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Actress Angelina Jolie's lingering ties to ex-husband Brad Pitt have officially been severed after their youngest children, twins Vivienne and Knox, turned 18—bringing the former couple's custody agreement to an end. It marks a significant milestone not just for the teenagers, but for their mother,
Read More Pulte banks on build-to-order pivot as margins find a floor

The market-driven forces for greater homebuilder margins, sales pace and efficiency in 2026 take a variety of shapes, sizes, risks and opportunistic tactics. For PulteGroup, a key margin-enhancing strategy is leveraging improved build-cycles and a balanced sales pace to swell its mix of build-to-ord
Read MoreHouse passes bill to ease banking regulations

The U.S. House of Representatives on Tuesday passed legislation that would make a series of changes to federal banking regulations, including easing certain capital, supervisory and merger requirements for community banks and other smaller financial institutions. The bill is sponsored by House Commi
Read MoreAlonzo Mourning, HTG net $55M financing package for affordable housing

NBA hall-of-famer Alonzo Mourning and Housing Trust Group scored a $55.4 million financing package for a Naranja affordable housing complex. The deal comes as the duo has racked up financing in recent years for below-market rate rentals in Miami-Dade County. Mourning, through his AM Affordable Hous
Read MoreNAR Q2 strategic plan update targets MLS rules, lawsuits, training

The National Association of Realtors (NAR) released its second-quarter update on the 2026-2028 strategic plan on Wednesday outlining progress on lobbying, legal strategy, MLS guidance, technology and education designed to protect member businesses and reinforce the value of membership. NAR CEO Nykia
Read MoreMichigan’s Whitmer steps up, signs single-stair reform into law

Gov. Gretchen Whitmer took a big step toward clearing the path for developers to build smaller apartment buildings more affordably. Whitmer signed Michigan’s single-stair legislation into law this week, a green light for developers to build multifamily housing up to six stories more economically, wi
Read MoreHousing Market Spotlight: Lower-priced metros show greater resilience as demand softens

Transaction activity slowed across much of the housing market as mortgage rates remained elevated, but metros where homes remain within reach of buyers continued outperforming higher-priced markets. Mortgage rates remained above 6.64% for most of the week, creating another headwind for housing deman
Read More$16M West Palm mansion breaks city’s record for priciest non-waterfront sale

A newly built mansion in West Palm Beach sold for $15.7 million, shattering a record for the most expensive non-waterfront transaction ever in the city. Property records show 122 Bloomfield Trust, managed by Francis Lynch, bought the 8,600-square-foot property at 122 Blooomfield Drive from an entit
Read MoreNot in My (Second) Backyard: Nantucket’s Worker Housing Fight Reveals the Cost of Vacation Homes

In April, the Nantucket Planning Board approved three workforce housing dormitories across the island in an effort to provide housing for employees of two local companies—but it was not without controversy. “It is such a major impact on this neighborhood,” board member Joe Topham said of one proposa
Read MoreNick Janovsky joins SERHANT. as Tampa luxury sales director

SERHANT. appointed Nick Janovsky director of luxury sales for Tampa, St. Petersburg and the Gulf Beaches, the company announced on Wednesday. Based in St. Petersburg, Janovsky brings more than $250 million in career sales volume across 340-plus transactions, according to the announcement. He was a t
Read MoreThe New Parent Real Estate Penalty: Why Starting a Family May Mean Shifting Your ZIP Code

Becoming a parent is one of life's most joyful experiences, but it’s also an expensive one. And where you live can determine just how expensive it will be. Across the country, expecting moms and dads are facing a “new parent real estate penalty,” and some may actually feel forced to relocate to some
Read MoreBird of Paradise: New Rolls-Royce Nightingale

The forthcoming all-electric, two-seat, drop-top Rolls-Royce Nightingale. Photo courtesy of Rolls-Royce My happy place is the South of France between Nice and Monaco. Here, the spectacular enclaves of Villefranche-sur-Mer, Beaulieu-sur-Mer, Èze, and Cap-d’Ail are where the Mediterranean collides wit
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