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.
Tri Pointe Homes shareholders approve merger with Sumitomo Forestry

Tri Pointe Homes shareholders overwhelmingly voted to approved the previously announced merger with Japanese firm Sumitomo Forestry during a special meeting of stockholders held on Thursday. While the deal is not yet finalized, the acquisition is expected to close sometime during the second quarter
Read MoreDoes Upzoning Work? This New Study Says Yes—Under the Right Conditions

Cities across the country have been betting that looser zoning rules will unlock more housing and, eventually, lower costs. A new report suggests that the gamble can pay off—but only in the right places, and not on demand. Looking at major rezoning efforts in New York City and Philadelphia, research
Read MoreHOA liens climb 8.6% nationwide in 2025, with Sun Belt states feeling the most heat
Homeowners associations (HOAs) filed 284,933 liens against U.S. homeowners in 2025 — an 8.6% increase from the 262,446 filings in 2024 and the equivalent of roughly one lien recorded every 90 seconds — according to property records compiled by Benutech. An HOA lien is a legal claim placed on a prope
Read MoreInvestor Lawsuit Accuses Baltimore Luxury Condo Developer of Inflating Sales Prices

A trio of Baltimore real estate investors are suing the developers of a high-profile luxury condominium, claiming they artificially inflated true sale prices in public disclosures and kept them in the dark about the building's deficiencies. The complaint, filed in Baltimore Circuit Court in mid-Febr
Read MoreFed Chair Nominee Kevin Warsh’s Confirmation Hearing Looms Despite Democrats’ Objections

The Senate is set to consider whether to confirm Kevin Warsh as Federal Reserve chairman, despite opposition from Democrats who want to halt the process. The Senate Committee on Banking, Housing, and Urban Affairs is scheduled to consider the nomination in a hearing April 21. Warsh is President Dona
Read MorePortable credit reports spark debate over costs, feasibility

While the mortgage industry lobbies to reduce credit report costs, the idea of allowing borrowers to use the same file across multiple lenders has slowly emerged. In this consumer-controlled portable credit report model, borrowers would authorize the use of a single credit report during their mortga
Read MoreOpterra’s Holiday Inn hotel-to-resi conversion moves ahead in Boca Raton

Opterra Capital’s plans to convert a 1980s-era Holiday Inn into an apartment complex received the unanimous endorsement of Boca Raton’s Planning and Zoning Board Thursday. The local firm plans to turn the 183-room Holiday Inn & Suites at 701 Northwest 53rd Street into a 125-unit apartment building w
Read MoreVirginia governor’s amendments keep Faith in Housing Act in limbo

Virginia Gov. Abigail Spanberger left in limbo legislation that would let faith-based organizations build affordable housing on their land without rezoning. Instead of vetoing or signing the Faith in Housing Act, Spanberger recommended changes. The recommendations keep the bill’s core intact but mak
Read MoreAmerica’s housing shortage stems from more than overregulation, Fed report finds

The U.S. housing market is chronically underbuilt, resulting in a decades-long shortage. Burdensome regulations take part of the blame, but they are not the only cause. A new report from the Federal Reserve Bank of St. Louis indicates that regulations are just one piece of the puzzle. Labor shortage
Read MoreInventory drops for first time since 2023 as sales rebound across coastal Miami, beaches

Inventory of homes and condos across the coastal Miami mainland and Miami Beach and the barrier island markets fell in the first quarter, marking the first big inventory drops since 2023. The Corcoran Group’s first quarter reports don’t cover all of Miami-Dade County, but they offer insight into h
Read MoreDark Matter’s Vikas Rao on the nature of shifting mortgage work in the era of AI

On Thursday, Dark Matter Technologies announced the promotion of Vikas Rao from chief technology officer to CEO, with Rao replacing Sean Dugan. At the same time, the Florida-headquartered company announced layoffs impacting 5% of its workforce. The roles affected were not immediately announced. Rao,
Read MoreMaine becomes first state to impose consumer safeguards on home equity investments

Maine Gov. Janet Mills this week signed LD 1901, making Maine the first state to enact comprehensive consumer protections for home equity investments (HEIs), which the new law defines as “shared appreciation mortgage loans.” The bill, titled “An Act to Regulate Shared Appreciation Agreements Relatin
Read MoreBrian Tuttle loses Main Street dev site in $60M bankruptcy sale

After nearly two years of fighting to keep his development site, Brian Tuttle lost the Royal Palm Beach property this week in a $60 million bankruptcy sale. Miami-based Concord Wilshire Capital closed its purchase Wednesday of the 43 acres of land on the southwest corner of U.S. 441 and Southern Bo
Read MoreBoom in Modular Home Construction Could Be Just Around the Corner

Modular home construction methods could see greater demand in the coming years as cost-conscious builders seek new ways to deliver homes at attainable prices while preserving profit margins. That's according to forecasts from the Modular Building Institute, a trade organization representing the fact
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Actress Natalie Portman has announced that she is pregnant with her third child—her first baby with her partner, French musician Tanguy Destable, with whom she has been in a relationship for just over a year. Portman, 44, who was raised in New York but now lives in France, shared the news in an inte
Read More EXCLUSIVE: Diane Keaton’s Former Beverly Hills Mansion Gets a Massive $2.5 Million Price Cut

Diane Keaton's former Beverly Hills mansion has undergone yet another major price decrease that has seen its asking price drop from the original lofty sum of $25 million to $20.5 million. The property, which was once featured on the cover of Architectural Digest, was purchased by Keaton for $8.1 mil
Read MoreMaine Bans AI Data Centers Over Concerns About Impact on Household Energy Costs

Maine lawmakers have approved the country’s first statewide moratorium on large-scale data centers, reflecting mounting concern over the energy demands of facilities that support the expansion of artificial intelligence. The legislation that passed this week halts the development of new data centers
Read MoreHome Prices and Mortgage Rates Fall as Spring Listings Surge—but Will Buyers Show Up?

The U.S. housing market has entered its most pivotal window of the year, the week known as the "best time to sell" in the heart of the spring housing season. After surging last month, mortgage rates are falling again. Home prices are also dropping, and a boost in inventory this week offers prospecti
Read MoreWave Group, partners launch short-term-rental friendly Wynwood condos

Wave Group Development, Vitrium Capital and Zambala Luxury Apartments are teaming up on a planned short-term rental-friendly condo project in Miami’s Wynwood neighborhood, The Real Deal has learned. The partners are launching sales for the eight-story, 49-unit Duos Wynwood, slated for 335 Northwest
Read MoreUltra-luxury brings heat as Palm Beach home sales surge

Sales volume surged in Palm Beach County’s luxury hubs, particularly in its namesake island market, in the first quarter. The number of single-family home sales in Palm Beach grew 36 percent, year-over-year, according to the Corcoran Group and Brown Harris Stevens. Average days on market fell to 13
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