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.
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"Selling the City" star Eleonora Srugo has revealed her shock over the sudden cancellation of her Netflix reality series—but said she is already looking ahead to "more TV opportunities" in the future. The 37-year-old real estate pro rose to stardom on the Netflix reality TV show, quickly becoming a
Read More Homebuilder Confidence Plunges as High Interest Rates and Economic Fears Take a Toll

Homebuilder sentiment plummeted in April to its lowest level in eight months, as mounting economic uncertainty and stubbornly high interest rates spur growing pessimism among builders. Builder confidence in the market for newly built single-family homes settled at 34 this month, down four points fro
Read MoreMortgage Applications Today: Home Loans Retreat but Refinancing Ticks Higher

Mortgage applications rose this week as growing refinancing volume offset a decline in purchase applications, according to the Mortgage Bankers Association. For the week ending April 10, the MBA's Market Composite Index, a measure of total mortgage loan application volume, increased 1.8 percent on a
Read MoreWhere’s My Refund—and Why Wasn’t It Bigger as Promised?

Today's the day: April 15, the deadline for filing your taxes. While some may elect for an extension if they wish, the majority of Americans have until end of day today to file their federal and state tax returns. If you owe money, rest assured that Uncle Sam will take their cut right away. But for
Read MoreTurnkey Palm Beach homes top luxury contracts

Palm Beach County’s luxury contracts and asking dollar volume rose again last week, appearing to shake a mid-season lull. Buyers signed 28 contracts between April 6 and April 12 for luxury properties in Palm Beach County, according to Douglas Elliman’s Eklund-Gomes team. The homes that went pending
Read MoreFirst-Time Buyers Fall to Record Low as Baby Boomers Reign Supreme

The share of first-timers breaking into the housing market fell to just 21% of homebuyers last year—a drop of three percentage points from the year prior and the lowest share since at least 1981, new data shows. Baby boomers, meanwhile, continue to dominate, accounting for 42% of homebuyers and 52%
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United Airlines CEO Scott Kirby has said the next phase for U.S. carriers is figuring out how to better compete on a global stage.
Read More At Surfside collapse site, big-name planned project hasn’t sold a single condo

Damac Properties, the Dubai developer that acquired the site of the deadly Surfside condo collapse, hasn’t sold a single unit at the planned project, The Real Deal has learned. Damac, led by founder Hussain Sajwani, launched sales of the project in early 2025. The 12-story, 37-unit oceanfront build
Read MoreSouth Florida’s top deals: Spec developer offloads Coral Gables mansion for $36M

🏆 Commercial: Palm Beach Gardens logged the most expensive commercial deal to hit records in South Florida. A 16-key hotel and adjacent vacant lot spanning 4 acres at 4350 PGA Boulevard sold for $40 million. The seller was an LLC tied to Dallas-based Ashford Hospitality. The buyer was Joe Lubeck. T
Read MoreAverage Mortgage Payment Hits Historic New High, Topping $2K

Homeowners faced a sticker shock at the end of 2025 as the average monthly mortgage payment topped $2,000 for the first time—a historic milestone reflecting the combined pressure of high home prices and elevated interest rates. In the fourth quarter of last year, the average payment for existing mor
Read MoreCulture isn’t what you say. It’s what you do

Culture isn’t something you define once. It’s something you prove every day through what you reward, what you allow, and what you model when no one’s watching. That distinction matters because most organizations treat culture as a document. They write the values, post them on the wall, and move on.
Read MoreThe rise of HELOCs: What it means for originators in today’s market

As interest rates remain elevated compared to historic, pandemic-era lows, many homeowners are rethinking how to access cash without giving up the favorable rates they locked in just a few years ago. For originators, that shift is creating a clear opportunity. Demand for home equity lines of credit
Read MoreChain reaction: A framework for America’s housing and retirement crises

The American Dream has a math problem. Millions can’t afford homes. Those who can, can’t find them. And many who already own don’t have enough saved to retire. It’s gridlock, compounding and dangerous enough to stifle homeownership as a pathway to stability, wealth creation, and retirement longevity
Read MoreCalifornia’s Housing Market Is Still All Over the Clock—Despite Years of Reform

California has spent years passing land-use reforms aimed at making it easier to build more housing, but the state’s housing market looks anything but unified. The new Market Clock from Realtor.com® shows California’s biggest metros are scattered across multiple phases of the buyer-seller cycle: San
Read MoreCongressional Leaders Insist Housing Bill Remains Priority, Despite Divided Attention

Both houses of Congress are agitating to move the stalled bipartisan housing bill. Congress wants to pass the bill, Arkansas Rep. French Hill, Republican chair of the House Financial Services Committee, told members of the Mortgage Bankers Association during an advocacy gathering in Washington, DC,
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*NSYNC star Joey Fatone has lifted the lid on his brutal financial struggles in the wake of the boy band's sudden hiatus—revealing that his money woes became so severe, he was forced to sell his Florida home and move back in to his parents' house, along with his wife and children. Fatone, 49, spoke
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TV personality Ryan Seacrest has opened up about his dating red flags, while admitting that he may soon open himself up to apps like Tinder in his quest to find love, two years after ending a yearslong romance with model Aubrey Paige. Addressing his dating struggles in the latest episode of his podc
Read More Kevin Warsh Would Be Richest Fed Chair in History, Disclosures Show

Fed chair nominee Kevin Warsh would be the richest chair in history by far, if he is confirmed, according to financial disclosure forms. Warsh is President Donald Trump's nominee to succeed Jerome Powell, whose term expires in May. The banking executive has holdings worth approximately $131 million
Read MoreMBA chief economist says mortgage rates, inflation will stay elevated through 2026

Mortgage rates and inflation are expected to remain elevated through 2026 as pressures tied to geopolitical tensions keep Federal Reserve rate cuts on hold. That’s according to Mike Fratantoni, chief economist and senior vice president of research and business development at the Mortgage Bankers Ass
Read MorePillars hotel redev on tap as Fort Lauderdale attracts condo investment

A joint venture between Richard Waserstein’s Waterstone Capital, Uri Bubil and Roni Avraham are advancing their proposal to redevelop a Fort Lauderdale hotel into a 15-story condo tower. The partners advanced their plans for the proposed Pillars Club & Residences at Tuesday’s Development Review Comm
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