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.
Truework’s Ethan Winchell on creating a better VOIE process

Among the many tedious steps in the mortgage manufacturing process, verification of income and employment (VOIE) might top the list of challenges for lenders. Ethan Winchell’s company, Truework, aims to remove these headaches. The San Francisco-based firm was founded in 2017 and has sprouted into a
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Los Angeles Dodgers pitcher Alex Vesia is stepping "away" from the MLB team ahead of their second consecutive World Series appearance to deal with a "deeply personal family matter" alongside his pregnant wife, Kayla. News of the 29-year-old pro athlete's break was shared by the Dodgers in an officia
Read More UWM announces three new broker tools at AIME Fuse

United Wholesale Mortgage (UWM) on Friday announced three new tools to help independent mortgage brokers streamline loan processing, improve workflow efficiency and expand marketing efforts. The announcement, made at the Association of Independent Mortgage Experts’ (AIME) Fuse conference in Nashvill
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Singing sensation Jessica Simpson has amassed an estimated $200 million fortune thanks to her lucrative music career—yet she has now revealed that her lifestyle was not always so lavish. The 45-year-old mother of three opened up about her humble childhood while discussing her fashion brand in a new
Read More The Villages seeks $130M muni bond deal to fund 2,800-home expansion

The Villages is betting big on the municipal bond market to keep its housing boom alive. The sprawling 57,000-acre retirement empire in central Florida is selling nearly $130 million in high-yield municipal bonds to fund a 2,800-home district, Bloomberg reported. The sale, handled by Jefferies and
Read MoreNY Attorney General Letitia James Pleads Not Guilty to Federal Fraud Charges

New York Attorney General Letitia James was arraigned in Norfolk, VA, this morning after being charged with felony bank fraud and making false statements to a financial institution. She entered not guilty pleas on both charges. The judge set an initial trial date for Jan. 26, 2026. Government attorn
Read MoreSocial Security COLA 2026 Announced: How It Affects Housing Decisions

The government shutdown threw a wrench into the Social Security Administration’s annual cost-of-living adjustment (COLA) announcement, delaying the highly anticipated report by more than a week. But today, Social Security and Supplemental Security Income beneficiaries finally got the news they’ve be
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Meghan Markle has offered an inside look into her life at home with Prince Harry and their two children, revealing how they have turned their $14.65 million Montecito mansion into a sanctuary of safety for their family. The 44-year-old mother of two, who shares son Archie, 6, and daughter Lilibet, 4
Read More North Miami Beach dev site approved for 1,217-unit megaproject hits market for $26M

A North Miami Beach development site approved for a 1,217-unit mixed-use megaproject hit the market for roughly $26 million, after a previous contract fell through and led to lawsuits, The Real Deal has learned. The nearly 3-acre site on the northeast corner of Northeast 163rd Street and Harriet Tu
Read MoreThree developers to compete for Riviera Beach land

Forest Development, Kenco Communities and a partnership led by Frontier Development & Hospitality Group will make presentations to Riviera Beach officials next month, as they compete to acquire 2.2 acres of vacant publicly owned land near the waterfront. Riviera Beach’s Community Redevelopment Agenc
Read MoreA Dream Dwelling for a Bargain Price: Renovation-Ready Abodes That You Can Buy for as Little as $47K

There is nothing quite like buying the home of your dreams—particularly if that property comes complete with a bargain price. While snapping up a turnkey dwelling might be out of reach financially, if you're willing to roll up your sleeves and channel your inner Chip and Joanna Gaines, there are ple
Read MoreMortgage Calculator: Here’s How Much You Need To Buy a $425,000 Home at a 6.19% Rate

The average mortgage rate on 30-year fixed home loans declined to 6.19% for the week ending Oct. 23, down from 6.27% the week before, according to Freddie Mac. Rates averaged 6.54% during the same period in 2024. So what impact does this have on your monthly mortgage payment? And what does this mean
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Former Tampa Bay Buccaneers star Doug Martin jumped from the second story of a rehab center, months before his shock death, according to a new report. Martin, 36, died in police custody after allegedly breaking into a California home, where he suffered a medical emergency. However, new details have
Read More CPI Report Today: Inflation Climbs to 3%—But Fed Is Still Expected To Cut Rate

The September Consumer Price Index (CPI) increased to 3% compared to a year ago according to the U.S. Bureau of Labor Statistics—but the Federal Reserve is still all but certain to proceed with a rate cut next week. This marks the first set of significant data markers since the government shutdown.
Read MoreAmerican Cities Where Home Values Have Changed the Most Over the Last 50 Years

Since 1975, the U.S. has undergone sweeping changes in every aspect of life, from politics to technology and fashion (remember bell-bottom jeans ?)—and the housing market has been no exception. A Realtor.com® analysis of 50 years of housing data from the Federal Housing Finance Agency (FHFA) found
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NBA star LeBron James' extraordinary Beverly Hills compound will feature not one but two enormous megamansions that are currently being built on the site of a historic estate that the Los Angeles Lakers legend snapped up for $37 million in 2020—then promptly razed to the ground. While it was origina
Read More Starter Homes Are Disappearing—Are Modular and Manufactured Houses the Answer?

A traditional detached two-bedroom single-family house—often called “a starter home”—costs upward of $1 million in a majority of states today. It’s a contradiction rich with irony: Starter homes were meant to be a leg up to equity and long-term stability, paving the way to generational wealth for Am
Read MoreWould You Give Up $200K To Keep Your Neighborhood Affordable? These DC Homeowners Did

It’s easy to blame “the system” for America’s affordability crisis: Record-low interest rates during the COVID-19 pandemic fueled a run-up in prices, new construction never fully recovered after 2008, and now a locked-in homeowner class sits atop record equity while everyone else is priced out. But
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"Selling Sunset" alum Heather El Moussa has confessed that she and husband Tarek El Moussa are going through "couples therapy," insisting that the process has only served to strengthen their marriage. The 38-year-old reality TV tycoon lifted the lid on how she and Tarek, 44, are using therapy to add
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Jailed rapper Sean "Diddy" Combs was the victim of a terrifying knife attack at the hands of a fellow inmate who snuck into his cell and held a makeshift blade to his throat, according to a friend of the disgraced music mogul. Diddy, 55, who was sentenced to four years behind bars earlier this month
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