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.
Mortgage credit report costs could jump 50% in 2026

Credit report prices for mortgage lenders will increase by up to 50% in 2026, despite regulatory efforts to boost competition and recent pricing shifts by some players, resellers told HousingWire. It will mark the fourth consecutive year of higher costs. The increase is tied to credit reports that
Read MoreDelayed Jobs Data Drops Surprises as Housing Market Gains Momentum

After weeks of delayed data, we finally have an update on the labor market—and it’s not exactly what most people expected. Data that was delayed by the federal government shutdown is starting to trickle out. We learned that hiring was more robust than many expected in September, with 119,000 jobs ad
Read MoreCompass, Zillow: Who gets to set the rules of online real estate? A judge may soon decide

Compass’s preliminary injunction hearing in its antitrust lawsuit against Zillow continued throughout this week, before finishing up on Friday. The hearing, which is being held in New York City under the auspices of U.S. District Court Judge Jeanette Vargas, will be used to decide Compass’s motion s
Read MoreNYC landlords sue over rent law as vacant units climb

New York City Mayor-elect Zohran Mamdani won after campaigning on expanding rent stabilization to improve housing affordability. When he becomes mayor in January, Mamdani will face a lawsuit challenging New York’s rent stabilization law. A group of New York City landlords sued, arguing that the law
Read MoreIT boss sells waterfront Manalapan mansion for $17M

An information technology CEO from Maryland sold a waterfront Manalapan mansion for $17.1 million, four years after listing it for $34.9 million. Records show Charles M. Adams sold the home at 110 Churchill Way to Martin and Jean Shafiroff in an off-market deal. Martin Shafiroff is a wealth managem
Read MoreGreystar reaches $7M settlement in rent-setting lawsuit

A $7 million settlement agreement with Greystar Management Services was announced by California Attorney General Rob Bonta — part of a coalition of nine state attorneys general pursuing antitrust claims tied to RealPage software. The settlement requires Greystar to stop using software that employs c
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Close to 800 air traffic controllers and technicians with perfect attendance will get $10,000 bonuses, the FAA said.
Read More Start Your Engines! 5 High-Octane Abodes With Formula 1-Worthy Features That Will Awe All Car Lovers

It's lights out and away we go on the hunt for the most impressive car collector home in the U.S.—just as the world's fastest drivers prepare to kick off the latest Formula 1 grand prix in Las Vegas. This weekend will see the likes of Lewis Hamilton, Max Verstappen, Charles Leclerc, Lando Norris, an
Read MorePittsburgh leads affordability, Austin inventory surges

A new HousingWire Data deep-dive confirms widening affordability gaps and rising inventory in previously constrained markets — as well as strong regional patterns that favor the South for balance and the Midwest for price relief. Pittsburgh continues to stand out as the nation’s most affordable majo
Read MoreSenior-held home equity can be a resource for the next generation

Older Americans hold more than $14 trillion in home equity — nearly half the size of the U.S. economy. And while seniors can benefit from tapping their equity through a reverse mortgage product, they can also use the loan proceeds to help family members who might be struggling to afford homeownershi
Read MoreMiami commission moves to double density in Edgewater via resilience fund

Miami commissioners voted to approve on first reading a proposal that would allow developers to double their density in specific neighborhoods, starting in Edgewater. Under the proposal, developers would pay $35,000 per unit into a Resilience Trust Fund for the additional density. Those funds would
Read MoreHGTV Viewers Slam Network for Airing Christmas Movies Instead of Home Renovation Content: ‘I’m Out’

HGTV has found itself in hot water with viewers yet again after taking a break from its traditional home renovation content to air the hit Christmas movie "Elf" twice within a matter of days. The network—which recently came under fire for canceling a host of different shows—aired the popular festive
Read MoreMikkelsen’s Pastry Shop is a Sweet Success Story

Danish pastry chef Paw Mikkelsen and his wife, Elizabeth, in their eponymous pastry shop. Photo by Rebecca Surman The eponymous owner of Mikkelsen’s Pastry Shop, Danish pastry chef Paw Mikkelsen, has been creating all manner of baked goods for restaurants and retail customers for a quarter-century a
Read MoreChef Vincenzo Betulia Unveils Tulia Italian Steak

Chef Vincenzo Betulia unveils Tulia Italian Steak. Photo by Reagan Rule Bid “adieu” to The French Brasserie Rustique and say “ciao” to Tulia Italian Steak, as chef Vincenzo Betulia reimagines his restaurant on Fifth Avenue South, Naples. The new place, planned to open last month, expands an approach
Read MoreWhere to Dine on Thanksgiving in Naples

Family-style dishes at La Salière. Photo courtesy of at La Salière La Salière Tradition meets timeless European charm at La Salière, which made its official U.S. debut in Naples November 7. For Thanksgiving, the restaurant will invite guests to indulge in a special $29 holiday plate featuring roas
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White House press secretary Karoline Leavitt has opened up about her "unusual" marriage to real estate investor Nicholas Riccio—revealing the "challenging" moment she told her parents that she was in a relationship with a man 32 years her senior. Leavitt, 28, who is the youngest White House press se
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"The Real Housewives of Orange County" star Meghan King has temporarily lost custody of her three kids with ex-husband Jim Edmonds after she allegedly gave one of her children unprescribed ADHD medication. The 41-year-old reality star reportedly gave her son Hayes, 7, Ritalin multiple times, althoug
Read More Cannonball! Jeffrey Soffer’s water park at Fontainebleau Miami Beach faces stiff opposition

Billionaire Jeffrey Soffer’s plan for a water park at his Fontainebleau Miami Beach resort is caught in a tidal wave of opposition. At a Tuesday meeting of the Miami Beach Historic Preservation Board, neighboring residents, city activists and board members slammed the proposal to redevelop the 1,504
Read MoreTexas developer plans boutique condos in Fort Lauderdale’s Las Olas

A Texas-based developer is planning a boutique luxury condominium in Fort Lauderdale’s Las Olas neighborhood. Bellaire, Texas-based Claremont Property Company, led by Keeley Megarity, is planning an eight-unit, five-story project at 50 Isle of Venice Drive, according to a press release. Prices for t
Read MoreMortgage Calculator: Here’s How Much You Need To Buy a $424,200 Home at a 6.26% Rate

Mortgage rates this week for a 30-year fixed loan increased to 6.26%, up from 6.24% last week. So how does this affect your monthly mortgage payment? And what does it mean for homebuyers? Here’s the monthly cost of purchasing a typical home today, according to the Realtor.com® mortgage calculator. M
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