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.
Former Miami Heat player Hassan Whiteside finds new buyer for Miami Beach mansion

Former Miami Heat player Hassan Whiteside’s Miami Beach mansion went under contract for the fourth time since May, again asking $14.8 million. The pending sale is the second-priciest of the 13 contracts signed between Oct. 5 and Oct. 11, according to the weekly report by Douglas Elliman’s Eklund-Go
Read MoreVictor Padilla named co-CEO of HIC Land

The land banking and land development firm has 48,000 lots under control or under development in eight states across the Southeast
Read MoreGlobal equity release market projected to hit $52B by 2035

New survey found that North America is expected to account for much of the projected growth
Read MoreCriminals used 79 dormant domains to impersonate a top real estate team

Unauthorized traffic can damage a brokerage’s and domain’s reputation with email providers
Read MoreHispanic homebuyers still want in. Here’s how real estate agents can help

The column highlights FHA 203(k) and conventional renovation loans for financing purchase plus eligible repairs.
Read MoreTrinity Southern scores construction loan for boutique luxury condos near Faena District

Trinity Southern landed a $19.5 million construction loan for a boutique condo project in Miami Beach near the Faena District. S3 Capital provided the financing for 29 Indian Creek as presales surpassed 70 percent, according to a press release from Serhant. The brokerage’s new development division i
Read MoreA Third of Pandemic-Era Homebuyers Regret Their Real Estate Purchase

Homebuyer’s remorse is happening more and more—even for those who snagged good deals on their homes. A recent study by Clever found that roughly 40% of homeowners felt regret within their first year of owning, including 19% within the first month. And those who bought in 2022 are the most likely to
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Sacramento Kings forward Precious Achiuwa is expanding his real estate portfolio after signing a contract for a $1.84 million condo inside a lavish Miami development that has already attracted several high-profile athletes. The 27-year-old NBA star is set to become one of the newest residents of Jea
Read More Optimal Blue expands into borrower engagement with Usherpa acquisition

Usherpa will be natively integrated into Optimal Blue, the companies say
Read MoreWhy private homebuilders are getting M&A premiums right now

Whelan Advisory's Margaret Whelan says five to 10 years of lots in strong markets can command premium pricing
Read MoreBob Broeksmit says tri-merge ‘won’t be around for long’

MBA signals end of tri-merge credit reports as FHFA weighs options
Read MoreFAA warns U.S. airlines of safety risks over Saudi Arabia after attacks

The FAA warned U.S. airlines about flight risks over Saudi Arabia as Riyadh airport attacks disrupt travel and Delta weighs an Oct. 23 launch.
Read MoreVanderbilt snags $400M for West Palm Beach campus

Vanderbilt University’s plans for a West Palm Beach campus are moving forward, with $400 million. That puts the Nashville-based university just over three-quarters of the way to its $520 million fundraising goal, the Palm Beach Post reported. The university, known as the “Harvard of the South,” als
Read MoreRep. Ilhan Omar’s Home Searched in Raid Led by Homeland Security

Federal authorities raided the Washington, DC-area home of Rep. Ilhan Omar in the early hours of Monday morning. The raid was conducted as part of a criminal fraud investigation into the Minnesota Democrat's immigration paperwork, which was filled out by her late father when she was a child, Fox New
Read MoreDelta delays debut of Saudi Arabia service until March after Riyadh airport attacks

Delta planned to begin the route on Oct. 23, in what would have marked the first nonstop commercial flight between the U.S. and Saudi Arabia.
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Leaky roof. Mold and decay. Termite infestation. Those and a litany of other safety issues have plagued a Palm Beach commercial property, the town alleged in a 2024 code violation notice. Two years later, the property’s owner has racked up more than $220,000 in fines for the violations that remain u
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"Secret Lives of Mormon Wives" star Mikayla Matthews broke down in tears as she revealed that she and her family are moving out of their longtime Utah home—a property she claims left her feeling "depressed and sick." The 26-year-old reality TV personality took to TikTok to document the emotional mil
Read More Movers & Shakers: JLL hires veteran executive trio with Palm Beach, Broward office leasing focus

In South Florida’s latest hiring news, JLL added three veteran office brokers to its South Florida team. Greg Martin and Justin Cope joined as senior managing directors, while Lisa Blumer joined as senior vice president. The trio from Avison Young will focus on JLL’s operations across Broward and Pa
Read MoreImpeccably Preserved Frank Lloyd Wright-Designed Usonian Lists in Minneapolis for $2.5 Million

Designed to blend into the landscape with strong horizontal lines and an abundance of natural light, Frank Lloyd Wright's Usonian homes were built from the 1930s until his death in 1959. Today, they can be found across the Midwest and from coast to coast. One of those, the Freida and Henry J. Neils
Read MoreBeckham, Yao Ming attend NBA China Games in a boost to Macao's live events

The NBA China Games brought Chinese and U.S. basketball fans to Macao, which is spending big to broaden its reputation beyond a gambling mecca.
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