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.
Red Tape Now Adds $132K to the Cost of a New Home

Permits, building codes, inspections, and regulations are tacking on huge costs to build new single-family homes, which are inevitably passed along to homebuyers. And the burden is only growing, according to the National Association of Home Builders. A new NAHB study found regulatory costs have jump
Read MoreYour Biggest Perk as a Renter Might Be Costing You a Down Payment

Renting rather than owning a home has benefits and drawbacks, but one upside that is universally affirmed is that renting affords you flexibility. A 30-year-mortgage sounds scary, while a one-year lease means you can pack up and go elsewhere—including to a place with lower monthly costs, if you need
Read MoreBasketball Belongs to the Cities. But Can City Kids Still Afford To Stay?

When Pete Axthelm wrote in 1970 that “basketball belongs to the cities,” he was writing about the Knicks, New York, and the asphalt playgrounds that had helped make the sport inseparable from urban life. More than 50 years later, as the New York Knicks face off against the San Antonio Spurs on Wedne
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Hotel heiress Paris Hilton's children have found themselves a new home in the form of a luxurious custom "doggy mansion" that the family has set up for their pets on the grounds of their $63 million Beverly Hills home. Hilton, 45, who shares son Phoenix Barron, 3, and daughter London Marilyn, 2, wit
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For many older millennials—now in their 40s—it’s time to play catch-up. According to a report by Transamerica Center for Retirement Studies, the median retirement savings for this group sits at $73,000. That's $427,000 less than the $500,000 target most 40-somethings believe they'll need and nowhere
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Meghan Markle has shared a heartwarming glimpse into her family's idyllic plans for the summer season in a new Instagram post that reveals insight into how she and husband Prince Harry are embracing the warmer weather at home with their children, Archie and Lilibet. The 44-year-old mother of two sha
Read More World Cup Tickets Cost More Than a Monthly Mortgage Payment in These 5 Host Cities

The World Cup kicks off Thursday in Mexico City, and fans are paying hefty prices to be a part of the action. FIFA estimates that between 5 million and 6 million fans will attend the six-week tournament, which takes place in 16 cities across North America. Among the 11 U.S. host cities, in five of t
Read More10 Water Toys to Take Out This Summer

Photo courtesy of Watersports Car Watersports Jet Car Was that a Rolls-Royce Dawn convertible you saw blasting down the Intracoastal? And was that a new Chevy Corvette right behind it? You would be right. That’s because the latest craze in head-spinning watercraft is the Jet Car phenomenon. The conc
Read MoreNCH Rooney Heart Institute Performs a Florida’s “First”

NCH Rooney Heart Institute Performs Florida’s First M3 Transcatheter Mitral Valve Replacement Groundbreaking procedure expands treatment options for patients with severe mitral valve disease who are not candidates for traditional surgery The NCH Rooney Heart Institute has successfully performed Flor
Read MoreShop STARability’s Home Collection Liquidation Sale

The Home Collection will begin a liquidation sale on June 11, offering 50 percent-off all merchandise through July 8. Photo courtesy of STARability Foundation As STARability Foundation continues preparations for its future campus and expanded programming, the organization will close its Home Collect
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Olympic skier Eileen Gu's lavish family home in San Francisco is reportedly at the center of a bitter neighborhood dispute that stretches back more than 10 years and has seen multiple complaints filed against the gold medalist's family over everything from sewage problems to unsightly garbage piles.
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Millions of homeowners up and down the East Coast are bracing for a brutal heat wave this week. Over 100 million people are in the path of what promises to be an intense early-summer scorcher, according to the Weather Channel, with the high temps already moving in for parts of the country. For hom
Read More The Overlooked Home Feature That Could Save Buyers Thousands

The most expensive part of a cheaper home might be the car you need to live there. Housing and transportation accounted for 50% of household spending in 2024, the most recent year for which data is available, according to the U.S. Bureau of Labor Statistics. Housing ate up 33% of that budget, while
Read More5 takeaways from airline CEOs' biggest annual gathering

Airline CEOs met in Rio de Janeiro at IATA, the International Air Transport Association's annual meeting.
Read MoreThe verification layer financial systems forgot to build

For decades, financial systems operated on a quiet assumption: most information entering the system was fundamentally real. Documents might arrive incomplete. Borrowers might omit details. Fraud existed at the margins. But lending infrastructure was built around a world where verification happened s
Read MoreJust don’t: Why AI-generated marketing content is a regulatory minefield for mortgage lenders

Marketers have long used endorsements and testimonials in their ads. Even though it goes by multiple names, this is a playbook dating back centuries. You have something to sell. You borrow the trust of a known personality. You sell more product. For years, influencer marketing and user-generated c
Read MoreMany older Americans stuck in homes that no longer fit

The nation’s housing shortage is often framed as a challenge for first-time buyers and growing families. But another group is increasingly feeling the impact — older homeowners who want to downsize yet find themselves with few practical options. Across the country, many seniors remain in large famil
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A condo located inside a historic New York building that was built as a tool factory in 1865 and later used as a Civil War-era munitions foundry has hit the market for $2.1 million—complete with a terrace that houses the structure's original smokestack. The Brooklyn warehouse, originally built as a
Read More “Reckless”: George Pino breaks down at start of his manslaughter trial over 2022 boat crash

George Pino experienced an emotional breakdown during the first day of his trial on manslaughter and vessel homicide charges in connection with the 2022 boat crash that killed a 17-year-old girl. Pino sobbed and heaved shortly after his defense lawyer Howard Srebnick began his opening statement on
Read MoreMiami-Dade Invokes Eminent Domain To Seize Land on Ultraexclusive Fisher Island

Miami-Dade, FL, is invoking eminent domain to seize control of a ship fueling terminal on the ultraexclusive Fisher Island, escalating a highly contentious multimillion-dollar real estate dispute with luxury condominium developers. Miami-Dade County Mayor Daniella Levine Cava said in a statement Fri
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