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.
The Venmo Problem: Why Informal Payments May Be Hurting Your Mortgage Application

The notification comes through in seconds. A few taps on your phone, and the money is gone—your mom's electric bill, your kid's school supplies, groceries for a parent on a fixed income, all paid for. It barely registers as a financial decision. That's the point of apps like Venmo and Zelle. But whe
Read MoreA $10K Co-Op in New York City? Yes, With a Few Caveats

There is a way to buy a New York City apartment for less than $10,000—and that is not mistakenly leaving out two zeroes. Nor is this a rental. This is homeownership—an actual Big Apple apartment for less money than it would take to buy a small plot of land in the middle of nowhere. The deal is being
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Acclaimed singer Alanis Morissette has proven that she can conquer not only the music charts, but also the real estate market, having just sold her longtime Bay Area dwelling within days of its initial listing—and for more than $2 million over its asking price. The 52-year-old "Ironic" singer initia
Read More Why CoStar, Berkshire Hathaway are betting big on homebuilding

The past week saw two companies traditionally associated with the real estate industry make a splash in the homebuilding space. Things kicked off on Friday with CoStar Group’s $800 million all-cash acquisition of Zonda, a data company that tracks land development, construction activity, home sales a
Read MoreWindermere promotes founding family member Lucy Wood to regional director

Windermere Real Estate has promoted Lucy Wood to regional director for western Washington and Oregon, placing her in charge of the company’s largest operating region. The appointment expands Wood’s leadership responsibilities across more than 170 offices and strengthens the company’s presence throug
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"Superman" star Nicholas Hoult has finally offloaded his longtime Los Angeles abode after the midcentury modern dwelling spent more than a year on the market. But it is not all good news for the 36-year-old Brit, who was forced to take a rather hefty loss on the sale of the Hollywood Hills home, whi
Read More Onity wins approval for revised reverse MSR sale to FOA

Onity Group Inc. won regulatory approval for a revised sale of most of its reverse mortgage servicing rights to Finance of America (FOA), the company said Tuesday. Under the new agreement, Onity will sell MSRs on about 20,000 Home Equity Conversion Mortgages (HECMs) with an unpaid principal balance
Read MoreHome purchase demand holds up even with mortgage rates at 6.7%

Rates for 30-year conforming mortgages stayed above 6.7% this week, but housing market activity has been resilient as weekly pending sales and purchase loan demand are up slightly compared to this time last year. At HousingWire’s Mortgage Rates Center on Tuesday, 30-year conforming loan rates averag
Read MoreCS Ventures scores $22M loan to buy Frisbie properties in Palm Beach

CS Ventures picked up a portfolio of the Frisbie Group’s Palm Beach properties just months after redevelopment plans for the sites were scrapped. Ocean Bank provided a $22 million acquisition loan for CS Ventures’ purchase of the three-story former IberiaBank building at 180 Royal Palm Way, a 20,000
Read MoreDining Passport Returns for Summer

Dine on Eastern Mediterranean fare at Sofra during Dining Passport. Photo courtesy of The Ritz-Carlton, Naples The Ritz-Carlton, Naples will welcome guests and locals to embark on a culinary journey with its summer Dining Passport offering at Dusk, Lobby Bar, Nolita, and Sofra. From June through Sep
Read More‘Let It Bloom’ June Is One Landscaping Trend Homeowners Really Should Ignore This Summer

Most homeowners appreciate well-manicured lawns. But the viral trend “Let It Bloom” June is trying to change that. Its goal is to let wildflowers, native grasses, and pollinator-friendly plants steal the spotlight. “Instead of clean-cut lawns and formal landscaping, this concept favors wilder, more
Read MoreChaChaCha Fusion Cuban Cuisine Opens in North Naples

The rollito de pollo y ropa vieja dish combines Latin and Asian flavors. Photo courtesy of ChaChaCha Fusion Cuban Cuisine Amel Fernandez doesn’t hyperbolize when he says he was born in the family’s restaurant. “I grew up there, too,” he explains. “Part of the building was the restaurant; part was ou
Read MoreOnity to sell $5B reverse mortgage business to Finance of America

Onity Group will cash out of its reverse mortgage business in a deal with one of the largest providers of the product in the U.S. The West Palm Beach-based mortgage servicer received the green light from regulators to sell a portfolio of reverse mortgage servicing rights tied to $5.1 billion in loan
Read MoreAbigail Peterson is At Attention

Abigail Peterson is wrapping up her first year at the U.S. Naval Academy in Annapolis, Maryland. Photo by Nick Shirghio Abigail Peterson is accustomed to being busy. During her senior year at Aubrey Rogers High School in Naples, she balanced playing five sports (basketball, lacrosse, swimming, cross
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Sporting superstar Serena Williams is making her official comeback to professional tennis later this month—nearly four years after she bowed out of the sport with what was thought to be her final appearance at the U.S. Open in New York. Williams, 44, revealed on June 1 that she has accepted a wild-c
Read More Enjoy Sensory-Friendly Days at the Museum

Photo courtesy of Golisano Children’s Museum of Naples For kids who feel overwhelmed visiting the children’s museum, new sensory-friendly kits may help. “Our museum is super stimulating, so it is going to be a challenge for individuals on the spectrum to experience it the same way that other kids mi
Read MoreAudubon’s Corkscrew Swamp Sanctuary Gets an Upgrade

A winding boardwalk leads visitors through a lush landscape. Photo courtesy of Audubon’s Corkscrew Swamp Sanctuary Audubon’s Corkscrew Swamp Sanctuary is undergoing a transformational project that will bolster education and positively impact the western Everglades. It remade its discovery center (no
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Top mortgage regulator Bill Pulte, who currently serves as chairman of Fannie Mae and Freddie Mac, will now oversee the nation's spy agencies as acting director of national intelligence, President Donald Trump has announced. Pulte, the current Federal Housing Finance Administration director, will se
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Skiing sensation Lindsey Vonn's elegant California mansion has undergone another significant price cut, just a few weeks after returning the property to the market. Vonn, 41, who is currently undergoing rehabilitation and treatment after suffering a horrific crash at the 2026 Winter Olympics in Ital
Read More Developers pay off $115M in Miami construction loans as condos near sellout

South Florida developers knocked out a combined $115 million in construction loans for Miami condo towers that are nearly sold out, as the demand for hospitality-branded residences heats up in the region. North Development paid off a $70 million loan to Forman Capital and Core Capital for Domus Bric
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