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.
Spirit Airlines ghosted Dania Beach HQ, but potential buyers are waiting in the wings

The failure of Spirit Airlines left a six-story, 180,000-square-foot hole in Dania Beach’s office market, but candidates are on stand-by to fill the space, including Broward County’s government. The Broward County Commission next week will consider buying the Spirit headquarters for a new county gov
Read MoreDoes eXp’s NextHome deal signal a new brokerage trend?

The warmer weather and longer days are finally here and that means everyone is thinking about the hottest looks for summer. For real estate brokerage companies, it seems like the new must-have accessory for summer 2026 is a franchise operation. On Thursday, a little over a week after The Real Broke
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Actress Natalie Portman has shared a rare glimpse of her life in Paris during her third pregnancy—over 10 years after she quit the U.S. in order to settle down in Europe with her kids. The 44-year-old actress, who recently announced she is expecting a baby with her partner, French musician Tanguy De
Read More Gov. Gavin Newsom Asks To Extend FEMA Funding for California Wildfire Survivors

California Gov. Gavin Newsom has asked the federal government to extend Federal Emergency Management Agency disaster assistance to survivors of last year's wildfires as they struggle to rebuild. If approved, the 12-month extension of FEMA disaster assistance would allow survivors to keep receiving s
Read MoreReal estate investor Jackie Coffey launches app targeting after-repair values

Real estate investor and educator Jackie Coffey has launched the Jackie The Happy Investor App, a web-based platform designed to help novice investors evaluate residential real estate deals without relying on access to a multiple listing service (MLS). Coffey posts investor content to an audience of
Read MoreThe High-Cost Summer: How To Balance Soaring Travel Prices Without Risking Your Mortgage Payment

As travel costs reach record highs in 2026, many homeowners are still feeling the "vacation itch" and are looking for affordable ways to both travel and cover their housing costs. For air travelers, rising fuel costs are pushing airfare higher. In March, the average price for a U.S. domestic round-
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OpenAI CEO and ChatGPT creator Sam Altman has taken his incredible Hawaii estate off the market, nine months after listing it for $49 million—and just two weeks after his primary residence in San Francisco was targeted in two separate attacks. Altman, 41, quietly purchased the property in an off-mar
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The $5 million and up market of luxury homes in Miami-Dade included a diverse mix of buyers and sellers as of late: French banker Olivier Sarkozy, Elon Musk’s attorney Alex Spiro, and developer Ana Codina. Property records show Sarkozy, whose half brother is former French President Nicolas Sarkozy
Read More Investors accuse Joe Farrell of using Wellington project as “personal piggy bank”

Investors in a South Florida project are suing developer Joe Farrell over allegations he used the development’s funds as a “personal piggy bank.” The complaint, filed in Palm Beach County in March, alleges the Hamptons-based developer, his children, entities tied to him and others involved in the pr
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"Full House" star Dave Coulier has given fans a rare update on his health as he continues to battle cancer at his custom-built Michigan sanctuary. The 66-year-old actor, who has battled two different cancers since the end of 2024, took to Instagram this week to address concerns about his appearance
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"Family Feud" host Steve Harvey has cut the price of his longtime Georgia home—just four months after listing the enormous abode for $5.1 million. Harvey, 69, was born in West Virginia but has been based outside of Atlanta for many years now, filming his popular "Family Feud" series at a studio in F
Read More Homebuyers and Sellers Both Grow Cautious as Mortgage Rates Tick Higher

The spring housing season hit a speed bump this week as rising mortgage rates and global economic uncertainty prompted both buyers and sellers to retreat. The latest Weekly Housing Trends report from the Realtor.com® economic research team reveals a market in a state of trepidation as mortgage rates
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Manuel Farello’s restaurant management firm is making a real estate change –– a pivot that’s expected to pay off with a $200,000 tax writeoff. After years of leasing workspaces across Miami-Dade County, Farello’s Miami-based Silver Spoon Solutions, which provides accounting and other back-office se
Read More Mortgage Calculator: Here’s How Much You Need To Buy a $415,000 Home at a 6.37% Rate

Mortgage rates saw a small uptick this week, with the average rate on 30-year fixed home loans rising to 6.37% for the week ending May 7, according to Freddie Mac. This 7-basis-point increase from last week’s 6.30% suggests that the market is still finding its footing as the spring homebuying season
Read MoreJob Creation Remains Surprisingly Strong in April in Key Signal for New Fed Era

The U.S. unemployment rate remained unchanged at 4.3% in April, from the month before, as hiring remained resilient despite a volatile economic backdrop. The latest report from the Bureau of Labor Statistics released Friday showed that nonfarm payrolls grew by 115,000 jobs last month, far more than
Read MoreSouth Florida’s top deals: Randal Kirk sells oceanfront manse for $63M — half off original ask

🏆 Residential: Billionaire Randal Kirk, who founded the venture firm Third Security, sold an ocean-front mansion at 820 South Ocean Boulevard for $62.5 million — more than 53 percent off his original asking price of $134 million. Kirk purchased the 2.3-acre estate, which has a 15,500-square-foot ma
Read MoreThis Change to Credit Scores Could Help 7.7 Million Americans Qualify for a Mortgage

A government change could tip the scale for millions of "credit invisible" Americans and spur hundreds of billions in new mortgage originations. In a rule change finalized last month, government-run mortgage giants Fannie Mae and Freddie Mac said they would accept mortgages underwritten with a credi
Read MoreFannie Mae’s Mortgage Holdings Balloon as Trump Tries To Hold Interest Rates Down

Fannie Mae has more than doubled its mortgage portfolio in the past 12 months as the Trump administration tries to tamp down stubbornly high mortgage rates. The government-sponsored enterprise increased its retained portfolio by $18.3 billion in March, capping off a quarter in which it grew by $36 b
Read MoreHomeowner Equity Plunges to 4-Year Low as Underwater Mortgages Rise

Total homeowner equity in the U.S. continued its retreat through early 2026, hitting a four-year low as property values plateaued and mortgage rates remained stubbornly elevated. Nationally, 43.3% of homes were considered equity rich (defined as the property owner having at least 50% equity, meaning
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The mortgage industry is very good at watching signals. We watch rates like hawks. We track consumer sentiment all day long. We buy tools to tell us when to lock, when to float, when to sell, when to hedge and when to blink. We invest in technology to improve speed, accuracy and workflow. We spend
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