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.
Commercial condo association seeks $650K from Location Ventures’ receiver

A Coconut Grove commercial condo association wants the court-appointed receiver for disgraced developer Rishi Kapoor’s defunct firm to cough up $650,000 in maintenance fees. It’s the latest dust-up surrounding an unfinished mixed-use project at 3120-3170 Commodore Plaza previously being developed b
Read MoreMaryland is Struggling in Affordability and Homebuilding: Can Gov. Moore Speed Up Progress?

Maryland’s housing market has long been defined by high demand and tight supply—and the latest Realtor.com® State-by-State Housing Report Card confirms the state has work to do. Part of the Let America Build campaign, the report gave Maryland a C for affordability and homebuilding, signaling a marke
Read MoreBoeing stems cash burn for first time since 2023 but takes $4.9 billion charge on 777X delays

Boeing reported higher revenue than last year when production was constrained after a safety crisis and amid a labor strike.
Read MoreIs It a Seller’s Market? Here’s How To Tell and What It Means for You

After years of sky-high prices and cutthroat bidding tilted the housing market toward sellers, their edge is finally easing—but the pendulum hasn’t fully swung. Mortgage rates have dipped to 6.19% (30-year fixed), nudging demand, while supply has improved: Active listings rose 17% year over year in
Read MoreWhen Accepting the First Offer on Your Home Makes Sense, According to Agents

Few people put their house on the market hoping for a long, drawn-out process. So it can be tempting, if you put your house up for sale, to take the first offer that comes your way—especially if that offer is competitive. Equally tempting? Waiting to see what the next offer is. It’s a bit like gamb
Read MorePrince Harry Proves Himself To Be a True Angeleno as He Cheers on L.A. Dodgers in World Series

Prince Harry has solidified his commitment to life in sunny Los Angeles by throwing his support behind one of the city's most successful sports teams, proudly cheering on the L.A. Dodgers in Game 4 of the World Series. Harry, 41, wore his fandom with pride, sporting a Dodgers baseball cap as he and
Read MoreMassachusetts is Failing in Affordability and Homebuilding: Can Gov. Healey Turn It Around?

Massachusetts may boast world-class universities and a booming innovation economy, but when it comes to housing, the state earns one of the lowest marks in the nation. It received a flat F on the Realtor.com® State-by-State Housing Report Card, an annual review through the Let America Build campaign
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Television legend Dr. Phil's attempt to file for Chapter 11 bankruptcy for his media startup, Merit Street Media, has been denied by a judge, who has ordered that he liquidate the fledgling company. The 75-year-old, whose full name is Phillip Calvin McGraw, filed for Chapter 11 for Merit Street in J
Read More Fannie Mae Warns Homeowners of ‘Fraudulent’ Warranty Products Bearing Its Name

The government-backed mortgage giant Fannie Mae is suing multiple home warranty providers, accusing them of misusing its service mark in "fraudulent" mailers sent to borrowers urging them to buy their products. Fannie Mae, whose congressionally-mandated mission is to purchase mortgages from lenders
Read MorePenn-Florida sells assisted living dev site in Boca Raton for $27M, resolves foreclosure suit

Facing foreclosure on its development site in Boca Raton, Penn-Florida Companies sold the 1-acre lot previously planned for an assisted living facility for $27 million. Led by Mark Gensheimer, Penn-Florida sold the vacant property at 375 East Royal Palm Road to Boca Raton-based SobelCo, according t
Read MoreHolly and Laura’s Tea Party

Who: STARability board members and community philanthropists What: Holly and Laura’s Tea Party Where: Forever Fiore Tea Lounge, Naples Photography by Lane Wilkinson The post Holly and Laura’s Tea Party appeared first on Naples Illustrated.
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Who: Pace Center for Girls, Collier at Immokalee What: Crazy Pantz Where: The Players Club & Spa, Naples Photography by Charlie McDonald The post Crazy Pantz appeared first on Naples Illustrated.
Read More Indiana Is Winning in Affordability and Homebuilding: Can Gov. Braun Keep the Momentum?

Indiana is emerging as one of the nation’s housing bright spots. The Hoosier State earned a strong B+ for affordability and homebuilding on the Realtor.com® State-by-State Housing Report Card, part of its ongoing Let America Build campaign to track how well states are tackling the housing shortage.
Read MoreHomeowners, Rejoice: Kids Can’t Afford To Egg Your House This Year

For some kiddos, Halloween is all about “trick” traditions. Think egging houses, TP’ing trees, and spraying homes with shaving cream. While these pranks usually come from a place of playful intent, today’s rising costs have stripped the affordability out of them. If you’re a homeowner, this news isn
Read MoreFed Cuts Interest Rate Again as Layoffs Mount: What It Means for Mortgages as Markets React

The Federal Reserve has announced its second interest rate cut in a row, easing monetary policy as concerns grow about rising layoffs and economic fallout from the government shutdown. Fed Chair Jerome Powell joined the 10-2 majority on the Federal Open Market Committee (FOMC) to vote for the quarte
Read MoreColorado is Struggling in Affordability and Homebuilding: Can Governor Polis Build the Momentum?

Colorado’s housing boom has brought new residents and rising prices—but not enough homes. The state earned a C on Realtor.com® State-by-State Housing Report Card, signaling that while its construction pace remains steady, affordability continues to erode. The report, part of the Let America Build ca
Read MoreSpooky for a Cause: NC Homeowner’s Halloween Displays Help Raise Over $1 Million for St. Jude

When Jeff Robertson of Holly Springs, NC, created an elaborate Halloween display in 2020, he had no idea at the time that he was starting a movement. His kids were 10 and 12 at the time, and he thought it would be fun to create a scene of skeletons attacking the house. "I'm not an artsy kind of guy,
Read MoreGovernment Shutdown Expected To Cost U.S. Economy up to $14 Billion

The federal government shutdown could cause the U.S. economy to lose between $7 billion and $14 billion, according to new figures released by the Congressional Budget Office on Wednesday. The shutdown has delayed federal spending, and the report estimates that the gross domestic product will be lowe
Read MoreHawaii Is Failing in Affordability and Homebuilding: Can Gov. Green Change That?

The Realtor.com® State-by-State Housing Report Card has dealt Hawaii a hard truth: The Aloha State earned an F for housing affordability and homebuilding. The report—part of the Realtor.com Let America Build campaign—grades all 50 states based on how well they balance affordability with new-construc
Read MoreRhode Island is Failing in Affordability and Homebuilding: Can Governor McKee Fix It?

Rhode Island may be small in size, but its housing challenges loom large. The latest Realtor.com® State-by-State Housing Report Card gives the Ocean State an F—one of the lowest marks in the country—reflecting severe shortages in new construction and worsening affordability for middle-class buyers.
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