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.
Can Retirees Use a Reverse Mortgage to Buy A Home?

Reverse mortgages have long been a fixture of retirement planning (and sometimes are the punchline of financial jokes.) But as home prices rise and many retirees look to stretch fixed incomes, the idea of using a reverse mortgage to buy a new home, rather than just tap existing equity, is gaining tr
Read MoreJudge Blocks Federal Layoffs During Shutdown, Including Deep Cuts at HUD’s Fair Housing Office

A federal judge has temporarily blocked thousands of layoffs of federal workers, including deep cuts in the U.S. Department of Housing and Urban Development office dedicated to investigating discrimination in the housing market. U.S. District Judge Susan Illston on Wednesday granted a temporary rest
Read MoreAtlas VMS names Trey Cole VP of client engagement for AIM-Port

Valuation management form Atlas VMS has appointed Trey Cole as vice president of client engagement for its AIM-Port Platform Solutions Division. In his new role, Cole will focus on strengthening customer relationships, expanding client-focused initiatives and promoting adoption of the AIM-Port platf
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"The Hunting Wives" star Malin Akerman has revealed that her childhood best friend moved into her home to help her raise her then-4-month-old baby during her divorce. The Hollywood heavyweight, 47, opened up about the support she had during her 2013 divorce from Roberto Zincone while speaking at the
Read More loanDepot claims West Capital Lending used illegal playbook to become a top brokerage

loanDepot is accusing West Capital Lending (WCL) of hiring hundreds of loan originators as independent contractors and paying them revenue splits — practices that loanDepot claims are illegal and enabled WCL to become one of the largest mortgage brokerages in the country in just three years. The len
Read MoreIndicted AG Letitia James Accused of Housing ‘Absconder’ Niece in Her Virginia Home

New York Attorney General Letitia James is facing federal charges following an investigation into mortgage fraud allegations. But now, she's under scrutiny regarding whom she was allowing to stay in her Virginia home at the center of her indictment. James allegedly housed her grandniece, Nikia Thomp
Read MoreBrickell developer rebrands condo-hotel project and boosts broker commissions

Developer Robert Thorne is rebranding his planned condo-hotel in Miami’s Brickell neighborhood and offering agents higher commissions, The Real Deal has learned. Thorne’s Miami-based Urban Network Capital Group is partnering with the Spanish hotel chain Meliá Hotels International for the 110-unit d
Read MoreFriday Harbor’s AI originator assistant now supports overlays

Friday Harbor, an AI-powered platform that helps loan officers build compliant loan files in real time, announced this week that its AI Originator Assistant can now assess loans against lender and investor overlays in addition to standard program guidelines. The update aims to give lenders greater c
Read MoreMoishe Mana on hook for $6M-plus payment to Miami-Dade over decade-old land swap

Developer Moishe Mana could be on the hook for $6.6 million to Miami-Dade County tied to a decade-old land swap deal. Mana, who is considered the biggest landlord in downtown Miami and Wynwood, had made a deal with Miami-Dade to trade properties in Wynwood, and he was supposed to develop a Puerto R
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Ellen Greenberg's long-disputed death has once again been ruled a suicide by the Philadelphia medical examiner—14 years after the school teacher was discovered dead inside her city apartment, having suffered multiple stab wounds. On Jan. 26, 2011, New York native Greenberg, then 27, was found by her
Read More ADU innovation spells affordable housing progress in North Carolina

In Wilmington, North Carolina’s tight housing market — where infill land is scarce and prices have climbed sharply — Jeffrey and Becky Maynard of Our House Your Home LLC are finding creative ways to keep their mission of affordable family housing alive. What began a decade ago as a small real estate
Read MoreBuyer agency agreements test limits of real estate agent-buyer trust

In August 2024, as many in the real estate industry prepared for the terms of the National Association of Realtors’ (NAR) commission lawsuit settlement agreement to go into effect, industry professionals began wondering how agents would handle breached buyer agency agreements and if lawsuits would e
Read MoreFed Chair Powell Rules Out Direct Intervention in Mortgage Market To Reduce Rates

Federal Reserve Chair Jerome Powell has said the central bank will not directly intervene in secondary mortgage markets to ease mortgage rates, ruling out an idea favored by some to increase affordability for homebuyers. Speaking on Tuesday at the National Association for Business Economics conferen
Read MoreBig banks beat Q3 earnings expectations, with modest growth in mortgages

Third-quarter earnings for big banks Wells Fargo, JPMorgan Chase and Citigroup Inc. surpassed investor expectations on Tuesday, marking Wall Street’s resilience during fickle economic times. Wells Fargo’s revenue for Q3 2025 reached $21.43 billion, compared to an expected $21.14 billion. As a result
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Comedian Cheryl Hines has revealed how her husband, Robert F. Kennedy Jr., helped to break her out of her "entertainment bubble" in Los Angeles as she vehemently defended him against his critics during an appearance on "The View." Hines, 60, went toe-to-toe with several panelists on the hit daytime
Read More Retreat! Justin Rundle backs off fraud allegations against Canero principals

Justin Rundle is rescinding his accusations that his ex-business partners, the father-and-son team that leads Canero Group, allegedly committed fraud and misappropriated project funds in connection with six developments in Miami-Dade County. On Sept. 19, Rundle, son of Miami-Dade State Attorney Kath
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Air traffic controllers are required to work despite no pay during the government shutdown.
Read More Finance of America partners with Better to expand into home equity lending

Finance of America (FOA) will begin offering home equity lines of credit (HELOCs) and home equity loans for homeowners ages 55 and older through the Tinman AI Platform that’s owned by Better Home & Finance Holding Co. At the same time, FOA will become Better’s partner for reverse mortgages, the comp
Read MoreDevelopers plan Live Local Act towers in Wynwood Norte, Overtown with nearly 800 units total

A pair of developers propose two separate Live Local Act projects in Miami with 791 units combined, continuing the flurry of applications under the state’s workforce housing law. In the Wynwood Norte neighborhood, Alexis Bogomolni’s ABH Developer Group wants to build the 36-story, 293-unit Wyn Park
Read MoreDeadly Typhoon Destroys Dozens of Homes in Alaska, Forcing Hundreds of Residents Into Shelters

Alaska residents are still coming to grips with the deadly flooding from the remnants of Typhoon Halong, which wiped away villages and wreaked havoc on roads and homes. The record-setting storm left at least one person dead and damaged main roads and infrastructure, including a regional airport. The
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