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.
Altadena Homeowners Still Rebuilding From Fire Battle HOA Over $23,000 ‘Special Assessment’ Fee

Altadena, CA, homeowners spent much of 2025 in a state of shock and disbelief, and now one neighborhood there is fighting back after being hit with a hefty HOA bill. In January 2025, a deadly fire roared through the area, destroying more than 17,000 buildings and leaving 31 people dead. Thousands of
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Gymnast Simone Biles has lifted the lid on the design inspiration behind her bedroom in her custom Texas mansion—revealing that she told the team behind the creation of the luxurious property that she wanted the space to feel like a luxury hotel. Biles, 29, and her husband, Jonathan Owens, 30, revea
Read More Who is Kasumigaseki Capital, buyer of Miami’s top dev site this year?

When South Florida’s biggest development site deal so far this year closed for $88.8 million, it marked a new player’s entrance to the region: Kasumigaseki Capital. The Tokyo-based company splashed into Miami with the purchase of a 0.7-acre lot previously planned for a branded tower within the mass
Read MoreMiami City Hall to move from historic Coconut Grove site to Miami Freedom Park

Miami’s seat of power is moving to a new home after more than half a century along Coconut Grove’s waterfront. Miami officials are forging ahead with plans to move City Hall from a historic, converted seaplane terminal to Miami Freedom Park, the $1 billion massive mixed-use project anchored by a so
Read MoreMortgage rates now closer to 7% than 6% as the Iran war escalates
Two weeks ago on CNBC, I talked about how the housing market was poised for growth for the first time in years — unless mortgage rates shot up due to the war with Iran. Mortgage rates were sub 6% before the war and today they hit 6.62%, according to Mortgage News Daily. That is a big move. It’s unfo
Read MoreBill Pulte targets Letitia James with new criminal referrals

Federal Housing Finance Agency (FHFA) Director Bill Pulte is again targeting New York Attorney General Letitia James, this time filing criminal referrals with the U.S. Department of Justice (DOJ) over alleged insurance fraud. The referrals were sent to two U.S. attorneys — Jason Reding Quinones of t
Read MoreThe GSEs updated their rules for condo loans. Will they be helpful or harmful?

Fannie Mae and Freddie Mac last week enacted updates to condominium project standards and property insurance rules for one- to four-unit properties and larger developments, aiming to lower costs for homeowners. The moves have been met with mixed opinions from mortgage professionals. The updates, whi
Read MoreFort Worth growth resets the Dallas-Fort Worth housing map

For the past decade, Dallas-Fort Worth’s housing story has been written in bold letters along the U.S. 75 corridor – Frisco, McKinney, Plano and every patch of land north of there that could support a rooftop and a Starbucks. The northeast corner became a symbol of Texas growth: prices soared, commu
Read MoreNew Products Signal Fannie and Freddie Warming To Cryptocurrency in the Mortgage Market

Fannie Mae and Freddie Mac may be warming to the idea of homeowners using cryptocurrency as collateral in buying a house. Mortgage company Better Home & Finance and Coinbase unveiled a cryptocurrency-backed mortgage product on Thursday. It would allow buyers to use their coins as collateral for mort
Read More‘Six-figure limit’ aims to halt Social Security trust fund insolvency

With the Social Security trust fund less than seven years from insolvency — at which point a 24% across-the-board benefit cut could be triggered — a new proposal suggests capping annual payouts for the nation’s wealthiest retirees. A white paper released by the Committee for a Responsible Federal Bu
Read MoreU.S. Population Growth Slows Sharply as Immigration Enforcement Reshapes Where Americans Are Moving

There is a population slowdown across the United States, which is being attributed to immigration enforcement, according to new data from the Census Bureau. But some cities are growing nonetheless. The Census Bureau released updated local population numbers Thursday, reflecting July 1, 2025. About 8
Read MoreMcDonald’s mogul’s family sells Palm Beach lot for $27M

The family of the late George Cohon, the entrepreneur credited with expanding McDonald’s franchises internationally, sold a waterfront lot in Palm Beach for $27.5 million, and their primary estate is also in contract to sell. Records show the Cohons sold the half-acre lot at Tarpon Way to Could Be
Read MoreHomeownership Costs Consume Nearly 100% of Typical Wages in These Coastal Markets

Housing costs are placing the greatest strain on buyers in California and New York, home to many of the least affordable counties in the U.S., according to the latest data from ATTOM, a provider of property data and real estate analytics. Among the 25 counties where major monthly home expenses took
Read MoreHundreds of Teens Trash $4.8 Million Texas Airbnb Mansion as Chaotic Party Ends in Gunfire

A short-term rental home in Celina, TX, was the scene of a house party with hundreds of teens and young adults. Celina police were called to the sprawling $4.8 million home on the 800 block of Choate Parkway on the evening of March 21, after getting calls about a large gathering. Celina Police Chief
Read MoreDid the industry build a machine for reverse steering and call it seller choice?

Five major deals in five days. That’s what happened last week in real estate, and I don’t think anyone has fully processed what just happened. Zillow Preview signed almost 30 brokerages. eXp signed deals with Realtor.com, Homes.com and ComeHome.com. Compass already had its Redfin partnership locked
Read MoreFBI subpoenas Riviera Beach City Council as Marina Village projects move forward

FBI agents are looking into the city’s redevelopment of Marina Village at Riviera Beach, but that didn’t stop city officials on Wednesday from endorsing new developments, including Related Urban’s plans to build two 20-story apartment buildings on the publicly owned land. The Related Group affiliate
Read MoreUnited Airlines, flight attendants reach labor deal for first raises since pandemic

United Airlines and its flight attendants union reached a new labor deal.
Read MoreNewsom warns cities of lawsuits over California SB 79 law

California Gov. Gavin Newsom is threatening legal action against cities and counties that do not comply with a 2025 housing reform law that allows higher density near public transit. During a Wednesday press conference, Newsom said his administration has warned 15 cities and counties that they have
Read MoreRealTrends Verified Tampa team returns to eXp Realty

A high-producing Tampa real estate team has returned to eXp Realty after a stint with another brokerage. Maximum Tampa Group — led by Yulia Olivo and Jennifer Rivera — will now operate as FIG Team Maximum Tampa in collaboration with Veronica Figueroa’s FIG Team. The move comes after Maximum Tampa Gr
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Robert F. Kennedy Jr.'s wife, Cheryl Hines, has taken aim at comedian Chelsea Handler over her claims that the couple sold her a "toxic" $6 million California home. In March, Handler, 51, aired some major grievances against Kennedy, 72, and Hines, 60, alleging that the Brentwood, CA, home she purcha
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