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.
Las 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
Read More-

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
Read More-

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
Read More-

Bruce Willis and Demi Moore's youngest daughter, Tallulah, has officially tied the knot with her musician partner, Justin Acee, during an intimate ceremony held near the Idaho property where she and her two sisters grew up. Tallulah, 32, who got engaged to Acee in December 2024, was joined by a host
Read More KBW labels Ellington, Longbridge as outperformers after robust Q2 earnings report

Following a strong second-quarter earnings report, analysts at Keefe, Bruyette & Woods (KBW) released a positive forecast for Ellington Financial and its reverse mortgage subsidiary, Longbridge Financial. In a note to investors published over the weekend, KBW said that it was “moderately raising” it
Read More-

Meteorologists have warned that the Super El Niño's full effect wouldn’t be felt until the upcoming fall and winter months. Now, the Farmers' Almanac is backing up those predictions, advising homeowners to prepare for a winter of “snow, sleet, and surprises.” And it doesn’t matter where you live in
Read More Who are the developers behind Florida’s most controversial hyperscale data centers?

Two hyperscale data center proposals in Florida made waves in county commission meetings and state politics, sending local governments into a moratorium frenzy and residents into skirmishes over the future of their communities. The developers behind those projects are equally splashy. A commercial
Read MoreNorth Dakota’s Housing Crisis Is Forcing Young Adults To Live At Home With Parents Longer

For today’s young adults, the unfair shame long associated with living at home is overdue for a complete rewrite. Far from a lack of independence, staying with family has become a grounded, strategic response to a daunting economic environment. According to the most recent Census figures, 33% of you
Read More-

Newly-appointed Chicago Bulls head coach Tiago Splitter has put his Oregon home on the market for $3.5 million—less than two months after he announced that he would be stepping down as interim coach for local team, the Portland Trail Blazers, to pursue a new role with the famed Illinois side. Splitt
Read More Healthy demand? These Kendall projects near Baptist hospital provoked longtime residents

A cluster of single-family homes on 1-acre lots and vacant parcels near Baptist Hospital of Miami are slated for redevelopment with more than 200 apartments, proposals that riled up hundreds of neighbors in a pocket of Kendall. Four planned projects range from three to five stories, in a less than t
Read More-

Kim Kardashian's Los Angeles mansion was targeted in a bizarre burglary attempt over the weekend that led to a man being arrested after allegedly taking a staff member's "car for a joyride." Police officers arrived at the reality star's $60 million Hidden Hills home on the afternoon of Aug. 9, when
Read More Movers & Shakers: Bespoke Real Estate taps Richard Finley III as CFO

Leading this week’s hiring news is Bespoke Real Estate’s appointment of Richard Finley III as chief financial officer. Finley previously served as CFO and chief operating officer at Buckingham Properties, as well as CFO at DM Capital Partners and Summit Ventures, according to LinkedIn. He’s led com
Read MoreSouth Florida’s top deals: American Landmark buys Lake Worth apartment complex for $65M

🏆 Residential: Hillsboro Beach had the priciest recorded home sale in the region. Car dealership executive Mike Manley sold the 9,000-square-foot home at 955 Hillsboro Mile, which is on the Atlantic Ocean and Intracoastal Waterway, for $14.5 million. The buyers were developers Ulises and Milexys Fe
Read More
Categories
Recent Posts










