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.
Kevin Hassett is the rumored lead for Fed chair position

Kevin Hassett, director of the White House National Economic Council, is the leading candidate to be the next Federal Reserve chair, advisers and allies of President Donald Trump told Bloomberg, as the deadline for a new Fed governor approaches. Trump has voiced his opposition to the current Fed lea
Read MoreRobert Rivani pays $23M for waterfront Palm Island mansion

Commercial real estate investor Robert Rivani paid $23 million for a waterfront Miami Beach mansion, The Real Deal has learned. Rivani, who leads his Miami-based firm Rivani, formerly called Black Lion, plans to spend millions of dollars to renovate the 9,200-square-foot mansion at 16 Palm Avenue,
Read MoreNew home price premium hits record low

Monthly payments for new and existing homes are now nearly equal, amid a trend of stagnating prices and increased use of mortgage buydowns among builders. That was one of the main findings from Realtor.com’s Q3 New Construction Report. According to the report, buyers purchasing a new home last quar
Read MoreFormer local Realtor association CEO charged with grand theft

Former East Polk County Association of Realtors (EPCAR) CEO Jennifer Garula-Mers has been charged with grand theft after she allegedly stole over $81,000 from the trade association, leaving it “all but broke,” according to the Polk County Sheriff’s Office (PCSO). The Florida-based Realtor associatio
Read MoreTrump May Name New Fed Chair by Christmas, Treasury Secretary Says

There is "a very good chance" that President Donald Trump will announce his pick to lead the Federal Reserve before Christmas, according to the Cabinet official leading the search process. Current Fed Chair Jerome Powell's term will expire in May, and Trump's early announcement of Powell's successor
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Who: Palm Beach Media Group What: Third Annual Seaglass Awards Where: Naples Grande Beach Resort Photography by Nick Shirghio The post Third Annual Seaglass Awards appeared first on Naples Illustrated.
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James Van Der Beek gave fans a reassuring glimpse into his life amid his Stage 3 cancer battle, putting on a fit and healthy appearance while playing football with his son at their sprawling Texas home. The 48-year-old pleasantly surprised fans with a video of him donning a football jersey, followed
Read More Local governments turn to AI to streamline housing development

As local governments face mounting pressure to streamline the review process for residential projects, a wave of AI-driven reforms is revealing how modern tools can shave days or weeks off approvals, potentially speeding up housing development. For 15-plus years, pressure has been growing on a shrin
Read MoreLender Price integrates FOA’s reverse products into marketplace

California-based Lender Price has added its first reverse mortgage partner to its pricing and product eligibility (PPE) platform through an agreement with Finance of America (FOA).Lender Price Marketplace will provide brokers and lenders with live pricing for FOA’s Home Equity Conversion Mortgage (H
Read MoreYouTuber Philip DeFranco Caught in ‘TreeGate’ After Neighbor Allegedly Cuts Down His Trees

YouTube star Philip DeFranco, who is known online as PhillyD and has 6.62 million subscribers, is embroiled in a controversy his wife, Lindsay, is calling "TreeGate." Their family moved from Los Angeles back to their native Atlanta in summer 2024. One morning, they woke up to the harsh reality that
Read MoreeXp takes a step toward increased referral fee transparency

National Association of Realtors’ (NAR) leadership may still have a divided view on the disclosure of referral fees, but one national real estate brokerage has come to a firm decision on where it stands. On Tuesday, eXp Realty announced that starting next Monday, Dec. 1, it will be implementing enha
Read MoreMortgage prepayments hit 3.5-year high as borrowers rush to refinance

Mortgage prepayments climbed to their highest level in three and a half years in October as lower interest rates prompted more borrowers to refinance, according to ICE Mortgage Technology’s First Look report. The single-month mortality rate, which measures prepayments, rose to 1.01%, up 16 basis poi
Read MoreFHFA raises 2026 conforming loan limit to $832,750
The baseline conforming loan limit is set to increase by 3.25% in 2026, with Fannie Mae and Freddie Mac now authorized to purchase mortgages up to $832,750 for one-unit properties in most parts of the country, according to the Federal Housing Finance Agency (FHFA). The new limit, aligned with home-p
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Photo courtesy of Grace Place Twenty-one years ago, volunteers started an after-school homework club and parenting classes at Golden Gate United Methodist Church in Naples. Over the years, the nonprofit group—known as Grace Place for Children and Families—grew, becoming a family literacy center prov
Read More Grant Thornton Invitational Returns in December

Jake Knapp and Patty Tavatanakit were the winners of last year’s Grant Thornton Invitational. Photo by Nick Shirghio The third annual Grant Thornton Invitational arrives at Tiburón Golf Club and The Ritz-Carlton Naples, Tiburón, December 12-14. Qualifying professional female and male golfers will on
Read MoreAshley and Adam Gerry Share Their Gift of Giving

Adam and Ashley Gerry stand in front of their soaring 12.5-foot Christmas tree, which rests within the living room of their Port Royal home. Photo by Nick Shirghio One of Ashley Gerry’s favorite childhood memories is bonding with her family over a holiday movie. “Every year, we would watch A Christm
Read MorePending Homes Sales Climb 1.9% as This Region Outperforms the Rest of the Country

Contract signings increased 1.9% in October, according to the National Association of Realtors®. The uptick in sales occurred despite the country being in the middle of the longest government shutdown, which has since ended. Overall, contract signings dipped 0.4% year over year. Month over month, pe
Read MoreTexas Homeowners Can Expect A Toasty, Dry Winter, The Old Farmer’s Almanac Says

The Old Farmer’s Almanac has released its 2025–2026 Winter Forecast, calling the season ahead “mostly mild—with pockets of wild.” Editor Carol Connare explains that “most areas will experience near-normal to slightly milder temperatures,” though certain parts of the country will still feel the occas
Read MoreKeep Rodents and Pests Out of Your Home This Winter: A Room-by-Room Guide

Don’t you just love escaping the icy cold of winter and getting cozy in your house? Surprise! So do rodents and other pests. While you might think summer would be peak pest season, it turns out that creepy, crawly creatures seek shelter from the elements in winter, just like us. According to the Nat
Read MoreHome Prices Are Falling in More Than Half of Major Cities

National growth in home values continues to decelerate, with prices now falling in more than half of the 20 major metro areas tracked by a key index. The value of single-family homes in the U.S. as measured by repeat transactions rose 1.3% in September compared to a year earlier, according to data f
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