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.
For solutions to the housing affordability crisis, we need to use every tool available

Across the country, roughly 65% of households are priced out of the median-priced new home. Incomes have not kept pace with elevated home prices and higher mortgage rates, putting homeownership further out of reach for millions of Americans. For those who can afford a new home, many don’t want to sp
Read MoreMortgage’s AI crisis is coming. The industry isn’t ready to talk about it.

A borrower in forbearance gets the wrong information about their reinstatement options. It came from an automated servicing communication, routed through a system nobody fully owns and nobody fully monitors. By the time someone catches it, hundreds of borrowers have received the same message. Some a
Read MorePoll: Nearly 9 in 10 Voters Say Buying a Home Has Never Been Harder—and They Want Congress To Act

Voters want to see action on housing in Washington, DC, even if they don't know all the details, a new poll has found. Up to 88% of respondents believe it's harder than it ever has been to buy a house, according to a poll released by the Bipartisan Policy Center. Working with Advocus Partners, BPC p
Read MoreEven if You’re Not Cash-Rich, Your Home Equity Could Help Your Kid Buy a House

For parents, helping a child buy their first home used to be a question: Should you step in, or should they do it on their own? But after years of first-time buyers being priced out, a new consensus seems to be forming: If you can help, you probably should. Nearly three-quarters of parents with chil
Read More‘Shark Tank’ Star Kevin O’Leary Defends Massive Military Data Center Project in Utah

Canadian businessman and "Shark Tank" star Kevin O'Leary, known for his blunt advice to hopeful entrepreneurs, has defended himself after backlash from Utah residents who oppose his plan to build a massive, multibillion-dollar data center in the state. "I'm pretty aware of what these concerns are,"
Read MoreMario Alvarez Jr. brings $1B+ track record to eXp Commercial

eXp Commercial announced that Mario Alvarez Jr. has joined the firm. Alvarez brings more than 20 years of experience in commercial real estate and more than $1 billion in career gross transaction volume, according to the company. He is based in southern California and is active across the Inland Emp
Read MoreRocket beats earnings guidance with strongest quarterly profit in four years

Rocket Companies reported its most profitable quarter in four years as artificial intelligence initiatives, a larger servicing portfolio and recent acquisitions helped the Detroit-based firm grow market share despite a choppy mortgage backdrop. The Detroit-based company reported net revenue of $2.94
Read MoreThomas James Homes’ new CEO details the firm’s go-forward plan

California-based Thomas James Homes (TJH) announced last week that Steve Schlageter has stepped up as the company’s new CEO, after joining the firm as COO in 2024. The builder, known as the largest single-lot, infill homebuilder in the nation, was founded in 2006 in Southern California. Since then,
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LeAnn Rimes has vehemently denied rumors she is joining the "Real Housewives of Beverly Hills" after Brandi Glanville dissed her on social media. Glanvile, 53, brought the reported feud between her and Rimes, 43, to new heights on May 6 when she penned on X, "I hope it's true about RHOBH I mean she
Read More Mamdani’s Rent Freeze Faces First Major Test in Preliminary Rent Guidelines Board Vote

The panel that regulates rents for nearly 1 million New York City apartments will vote Thursday night on proposed rent adjustments, offering the first major test of Mayor Zohran Mamdani’s promised rent freeze. The preliminary Rent Guidelines Board vote will not make any increases (or a freeze) offic
Read MoreBillionaire Randal Kirk sells Manalapan estate for $63M after slashing price

Billionaire Randal Kirk sold his ocean-to-lake Manalapan estate for less than half of the $134 million he listed it for in September. Records show Kirk sold the mansion at 820 South Ocean Boulevard to Westview Holdings, a Delaware LLC for $62.5 million. The true buyer is hidden. Margit Brandt with P
Read MoreHomebuyer aid broadens to middle class amid price pressures

As mortgage rates and home prices continue to strain homebuyers, states are rapidly expanding programs aimed at making homeownership more affordable. Housing affordability pressures remain severe nationwide. As of May 1, the median price for a U.S. single-family home sat at $449,038, according to Ho
Read MoreSparks flare over Florida law to target idle golf courses for housing

A bill overriding local zoning authority to allow housing on idle Southeast Florida golf courses drew little public attention during Florida’s legislative session. When the Infill Redevelopment Act passed, warnings over problems it could cause bubbled up, but only in limited circles. It passed in Ma
Read MoreHow Captions turned busy real estate agents into AI video creators

For many real estate agents, creating polished video content once required expensive equipment, editing expertise or hiring outside production teams. But Mirage, an AI-driven, on-demand video production company, is helping to make these hurdles a relic of the past. CEO and co-founder Gaurav Misra sa
Read MoreTax overhaul is back: DeSantis signals summer session, phase-out strategy

A divisive proposal to nix property taxes on primary homes in Florida is back in play after failing to gain approval during the regular legislative session. Republican Gov. Ron DeSantis, who is term-limited this year, signaled he will bring back the initiative in a summer special session and that t
Read MoreMansion on Site of Sharon Tate’s Murder Hits Rental Market for $247,500 a Month

"Full House" creator Jeff Franklin has put his Los Angeles home, which has sinister ties to the Manson murders as the site where Sharon Tate was murdered, on the rental market for $247,500 a month. The property was initially listed on the market for $50 million in April 2025 by Franklin, however, af
Read MoreOneTrust reverse mortgage leader Gabe Bodner on personal branding tactics

At this week’s Reverse Mastermind Summit in Tennessee, Gabe Bodner of OneTrust Home Loans gave a detailed presentation on how reverse mortgage originators can achieve better marketing results. A key takeaway is that loan officers need to build a support system for these tasks rather than trying to g
Read MoreCatalfumo secures $401M loan for Ritz-Carlton Palm Beach Gardens condos

Catalfumo Companies secured a $401 million loan for its under-construction Ritz-Carlton Residences, Palm Beach Gardens. The developer, led by CEO Dan Catalfumo, expects to finish construction of the 14-acre project at 2200 PGA Boulevard this summer, according to a news release. Northwind Group provi
Read MoreCity of Naples declares May as Jewish American Heritage Month By Alan Scher Zagier

From left: Lois Bolin and Sandra Lee Buxton, Jewish Historical Society of Southwest Florida; Naples Mayor Teresa Heitmann; Nammie Ichilov, president and CEO, Jewish Federation of Greater Naples; Yvonne Holtzman and Joel Pittelman, Jewish Community Relations Council (JCRC); Alan Scher Zagier, JCRC d
Read MoreEXCLUSIVE: Shannen Doherty’s Malibu Mansion Finds a Buyer—Months After Undergoing a $500K Price Drop

Late actress Shannen Doherty's longtime Malibu property has found a buyer—just two months after being relisted with a steep price cut. Doherty, who died July 13, 2024, at the age of 53, following a lengthy battle with cancer, purchased the elegant abode in 2004 for $2.56 million. The home was later
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