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.
Florida Democrats Flip House Seat in Trump’s Mar-a-Lago District

Democrats have flipped a seat in the Florida legislature that includes much of outlying Palm Beach, including President Donald Trump's Mar-a-Lago resort. Emily Gregory is projected to win the special election for House District 87. That district includes South Palm Beach, Jupiter, Juno Beach, and mu
Read MoreRepublicans balk at Senate Democrats' DHS shutdown counteroffer

Congress and the White House are working to reach a funding deal before Congress leaves for a scheduled two-week recess on Friday.
Read MoreAntitrust lawsuit against NAR faces dismissal

A magistrate judge in U.S. District Court in West Palm Beach, Florida, is recommending that the court dismiss the Zea antitrust lawsuit filed against the National Association of Realtors (NAR) and several local Realtor associations and MLSs. Filed in August, the lawsuit claims that the defendants e
Read MoreHistoric Hawaii Flooding Causes Estimated $1 Billion in Damage, Thousands Without Power

Hawaii residents deluged with catastrophic flooding of homes, schools, roads, airports, and at least one hospital are just beginning to assess the damage. The property loss is predicted to top $1 billion, according to Hawaii's governor. While no deaths have yet been reported in what experts are call
Read MoreCongress Advances Plan To Crack Down on Crime in DC

Congress advanced a bill to coordinate more law enforcement and beautification efforts in Washington, DC, a priority for President Donald Trump. The House moved a bill on Wednesday to create the District of Columbia Safe and Beautiful Commission. The measure, passed 218-206 mostly along party lines,
Read MoreFormer Fannie Mae CEO Hugh Frater joins Better board

Better Home & Finance Holding Co. announced Wednesday that it has appointed Hugh Frater, a founding partner of BlackRock and former CEO of Fannie Mae, to its board of directors as the company leans further into its Tinman AI mortgage platform. Frater, whose role became effective March 23, brings exp
Read MoreTransUnion launches tool to bolster Realtor safety, fight fraud

As real estate professionals face growing threats from title fraud and in-person safety risks, TransUnion is introducing a mobile solution that consolidates tools for verifying identities and checking criminal backgrounds. TruLookup for Real Estate allows agents to validate property ownership, condu
Read MoreStates push back on buyer agreements as new laws challenge NAR rules

Mississippi has joined Alabama in creating a law that states that buyers agents and brokers are not required to obtain a signed buyer agency agreement prior to touring a property with a prospective buyer. Earlier this month, Mississippi Governor Tate Reeves signed Senate Bill 2713 into law. Under t
Read MoreUS Mortgage hit with class-action suit over May 2025 data breach

A former US Mortgage Corp. employee has filed a class-action complaint against the company following a data breach that occurred in May 2025, claiming that the incident could have been avoided if not for the company’s negligence. Richard Bernich, who brought the suit individually and on behalf of a
Read MoreKB Home pivots to its build-to-order strengths, but not without risk

KB Home’s fiscal Q1 2026 results showed weaker revenue and margin performance alongside a strategic shift that management asserts will improve predictability and profitability later this year. Quarterly revenue was $1.08 billion, down nearly 23% year over year. The average selling price fell 3% sequ
Read MoreMonroe Capital sues Ari Pearl, BH3 principals over Mondrian Hallandale Beach loan

Monroe Capital sued the developer of the Mondrian Hallandale Beach Residences to recover a $70 million loan, just as the luxury condo tower is being completed. Chicago-based Monroe, led by Ted Koenig, sued Maltese Diplomat 100 Mezz LLC, PPG Development’s Ari Pearl, BH3’s Daniel Lebensohn, Greg Free
Read MoreChicago Isn’t a Classic Hail Market—So Why Is $1 Trillion at Risk?

More than 1.7 million homes in Chicago are at risk of moderate or severe hail damage, representing more than $1 trillion in reconstruction cost value (RCV), according to a new report. It's a striking figure for a city not typically thought of as one of the country’s major hail markets. The findings
Read MoreOne group drove U.S. homeownership gains in 2025 — and it wasn’t who you think

The National Association of Hispanic Real Estate Professionals (NAHREP) released its annual State of Hispanic Homeownership Report, revealing that Hispanic households added a net gain of 441,000 owner-households in 2025, the largest single-year increase since the U.S. Census Bureau began collecting
Read More11 tips for pricing homes in a low-turnover market

Pricing a home is always a unique challenge for real estate agents, but it can be especially daunting in a low-turnover market. The current real estate turnover rate, or the rate at which homes change hands, is at its lowest rate in 30 years, according to a Redfin analysis. One of the main reasons i
Read MoreSculptor Diversified to pay $835M for historic resort in Florida’s biggest hotel trade this year

Sculptor Diversified Real Estate Income Trust is scooping up a Southwest Florida trophy hotel for $835 million. New York-based Sculptor Diversified, led by Steven Orbuch, is under contract to purchase the JW Marriott Marco Island Beach Resort and its two Naples golf courses, the Naples Daily News r
Read MoreSculptor Diversified JV to pay $835M for historic resort in Florida’s biggest hotel trade this year

Sculptor Diversified Real Estate Income Trust, in partnership with Trinity Investments, is scooping up a Southwest Florida trophy hotel for $835 million. New York-based Sculptor Diversified, led by Steven Orbuch, is under contract to purchase the JW Marriott Marco Island Beach Resort and its two Na
Read MoreTrump says he could send National Guard to airports 'for more help'

President Donald Trump says he is considering sending the National Guard to airports where TSA officer absences have led to long lines.
Read MoreThis Florida City Is Offering a $10K Incentive To Build an ADU

Homeowners in Orlando, FL, can now get more than $10,000 in rebates to build accessory dwelling units on their property and rent them out as workforce housing. The ADU Incentive Program—which was approved by the City Council last month—provides financial incentives for homeowners who construct ADUs
Read MoreHistoric Alabama Mansion With Double-Winding Staircase Hits the Market for $398,000

Imagine finding a historic property with seven fireplaces, five bedrooms, and a gorgeous double staircase for less than the average price of a studio apartment in Manhattan. That's exactly what you might score in Selma, AL, where one homeowner has put his historic 5,000-square-foot mansion on the ma
Read MoreBDT & MSD Partners win rezoning for Boca Raton Resort condos

BDT & MSD Partners won rezoning to move ahead with a proposed condo development at the Boca Raton, the sprawling historic resort and club. Boca Raton’s City Council voted unanimously on the BDT & MSD’s request for a change in land use, allowing the private bank to move forward with its proposed 8-s
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