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.
Ohio Man Fought Foreclosure on His $4.5M Mansion for 15 Years. Now, He Faces Eviction

A man in Ohio may be reaching the end of the line after fighting foreclosure on his former home for nearly 15 years, as an eviction notice on the home has been approved. Louis Telerico of Aurora, OH, was first served with a foreclosure notice on his $4.5 million mansion in 2011. The 17,000-square-fo
Read MorePennymac deploys VantageScore 4.0 across all production channels

The move follows FHFA and HUD guidance that opened conventional and FHA lending to competing credit score models
Read MoreWhy Alex Vidal believes REMAX and Real can be stronger together

He joined after the August close that created Real REMAX Group, with both brands keeping separate identities
Read MoreWhite House readies $90 payments to offset Medicare premiums

Payments are expected to be distributed in early October
Read MoreWhy Seattle’s $22 Minimum Wage Hike Isn’t Beating Real Estate

Seattle's minimum wage will increase to $22.14 an hour in 2027, making it one of the highest minimum wages in the country—but it's still not enough for many to afford to live there. A Seattle minimum-wage employee working full time next year will make $46,051 annually—or $1,747 more than they do at
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Jim Carrey is bidding farewell to his sprawling Hawaii waterfront retreat, listing the tropical property for $35 million just days after tying the knot with his longtime partner, Min Ah. The 64-year-old "Ace Ventura" star married Ah in an intimate ceremony in Los Angeles, with a representative for t
Read More These are the cheapest and most expensive U.S. flights this November

Holiday airplane tickets are up more than 23% this year, according to Hopper.
Read MoreRecord 100-Degree October Heat Wave Slams California as Super El Niño Threats Escalate

By 2 p.m. on Monday, residents in Los Angeles will be battling temperatures rising to 102 degrees, with little relief in sight. Most of California has been plagued by a multiday heat wave affecting more than 35 million people. Temperatures have soared up to 20 degrees above normal for this time of
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Former White House press secretary Karoline Leavitt is stepping back into the political spotlight, months after leaving the Trump administration to focus on raising her two young children. Leavitt is set to take on a new role as an on-air contributor for Fox News beginning Nov. 1. The mother of two,
Read More Lenders deal out $436M in financing for South Florida developments

Developers scored more than $400 million in financing for South Florida projects in recent weeks — led by JSB Capital’s $238 million refinancing of a Doral multifamily building — despite a tight financing market. New York-based JSB, led by Jay Lobell, secured its refi for the 631-unit Landmark South
Read MoreTennessee HOA Tries To Ban Security Cameras, but Residents Protest

Residents of a Tennessee community are up in arms over the decision by its homeowners association to ban the use of security cameras in the community. Homeowners in the Bent Creek Townhomes community in Nolensville, TN, are pushing back against a newly announced homeowners association policy that st
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Sharon Osbourne has trimmed $1 million off the asking price of the palatial Los Angeles mansion she shared with her late spouse, Ozzy Osbourne, and their children—just over one year after the rock 'n' roll legend died in his native England. The sprawling property, which is listed with Jonah Wilson a
Read More Movers & Shakers: Christina Crespi swaps Miami DDA for consulting firm

In South Florida’s latest hiring news, former Miami Downtown Development Authority Executive Director and CEO Christina Crespi has joined Miami-based communications firm Ingage as a strategic consultant for government relations and public affairs. At the DDA, Crespi led Downtown Miami and Brickell’
Read MoreWhy airfares could rise even more, but airline profits won't

Airlines are trimming capacity as jet fuel prices keep climbing and travelers keep booking.
Read MoreThe ‘Silver Tsunami’ Could Solve the Inventory Problem—and Create a Demand Problem

The "silver tsunami" may finally reach America's shores, bringing enough homes to ease its long-running inventory shortage and expose an entirely new problem in its place. Between 2026 and 2036, an estimated 13.9 million homes currently occupied by baby boomers and the Silent Generation will be rele
Read MoreGen Z Is Holding Out for Sub-5% Mortgages. It’s In for a Rude Awakening

The narrative blaming young adults for their inability to become homeowners is as persistent as it is tired: If Gen Z would simply stop spending money on dining out, shopping, and luxury experiences to flaunt on social meda, the door to homeownership would magically fly open. But all this finger-po
Read MoreHousing Week Ahead: Hottest Markets, Mortgage Rates, and Home Loan Reforms

The week ahead is light on market indicators, but will bring several exclusive new reports from the Realtor.com economics team. On Monday, senior economist Jiayi Xu releases our first-ever Generational Housing Succession report. This report will examine demographic trends for the oldest Americans—th
Read MoreFly-by-wire: Why AI governance is instrumentation, not insurance

Quarterly testing can miss drift, lenders need continuous fair lending visibility
Read MoreSupport starter homes, not looser lending or financial fixes

Policymakers can lower frictions, but only new starter-home production changes the math
Read More$20 Million Tennessee Compound Comes with a Music Studio, Helipad—and Its Own Wedding Venue

Family, friends, the band, a wedding party: At this Southern estate, there's room for just about everyone. The 118-acre property just outside Columbia, TN, has hit the market for $19.9 million—which is nearly three times what it sold for last year. The listing is represented by Hannah Hayden of Zeit
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