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.
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 MoreRetired Homeowners Need To Start Spending Their Nest Egg—and The Best Investment Is Your House

Most homeowners spend decades saving for retirement. However, when the time finally comes to quit working, many are afraid to spend their savings. In fact, Corebridge Financial’s decumulation survey found that 38% of retirees have spent less than they wanted during their nonworking years. And that
Read MoreTwin 100-Year-Old Nantucket Cottages Hit the Market for $2.5 Million

Two bungalows in the picturesque village of Siasconset on Nantucket have hit the market for a combined $2,495,000. Siasconset, known by locals as "Sconset," is a town of around 500 people on the southeastern tip of the island. Located about 30 miles off the coast from Cape Cod, MA, Nantucket is a co
Read MoreOptimal Blue integrates VantageScore 4.0 into pricing, hedging and trading workflows

VantageScore 4.0, the credit scoring model that Fannie Mae and Freddie Mac are transitioning to for agency mortgages, is now integrated into Optimal Blue’s end-to-end capital markets platform, the companies announced Thursday. The integration makes VantageScore 4.0 available across Optimal Blue’s pr
Read MoreFast and Furious: 2026 BMW M2 CS

The 2026 BMW M2 CS. Photo courtesy of BMW There’s an old saying: “Dynamite comes in small packages.” Whoever said it was, I’m pretty sure, referring to the explosive, automotive bombshell that’s the 2026 BMW M2 CS. Here is a 523-horsepower rolling stick of TNT with a Semtex chaser. And a very short
Read MoreGeorge and Amal Clooney Forced To Evacuate Home in France During Wildfires

Actor George Clooney and wife Amal were forced to evacuate their home in France due to the ongoing wildfires breaking out across Europe. George, 65, Amal, 48, and their 9-year-old twins, Alexander and Ella, live in the town of Brignoles in the Provence-Alpes-Côte d’Azur region of southeastern France
Read MoreMortgage Rates Jump to 6.66% as Fed Eyes Fall Rate Hikes

Mortgage rates have surged to their highest level in a year, after a divided Federal Reserve opted to hold its key interest rate steady while signaling potential future hikes as the conflict in Iran continues to fuel inflation. The average rate on 30-year fixed home loans hit 6.66% for the week end
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Severe convective storms—a type of thunderstorm caused by warm air rising quickly in the atmosphere—led to approximately $82 billion in global economic losses in 2025—nearly three-quarters of which was in the United States. These storms, which may include hail, lightning, strong winds, or tornadoes,
Read More BAKER SENIOR CENTER NAPLES RELEASES FALL 2026 SEMESTER

BAKER SENIOR CENTER NAPLES RELEASES FALL 2026 SEMESTER COURSES AVAILABLE THROUGH COLLEGE OF LIFELONG LEARNING Baker Senior Center Naples (BSCN), a nonprofit that provides comprehensive programs and social services for older adults and their families, today announced its newest courses to be offered
Read MoreLender makes $40K credit bid for foreclosed Broward beach resort

The lender that foreclosed on the Hillsboro Beach Resort has taken control of the property, winning it at auction with a $40,100 credit bid. Emerald Creek Capital acquired the oceanfront resort at 1159 Hillsboro Mile in a July 16 foreclosure sale, months after suing the ownership entities controlled
Read MoreNAPLES YACHT CLUB RECEIVES PRESTIGIOUS WINE AWARD

NAPLES YACHT CLUB RECEIVES PRESTIGIOUS WINE AWARD OF DISTINCTION FROM CLUB MANAGEMENT ASSOCIATION OF AMERICA Naples Yacht Club, the first and oldest private club in Naples, is proud to announce that it has earned the prestigious Wine Award of Distinction from the Club Management Association of Ameri
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