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.
Middle East gains ground with Chinese tourists during Golden Week

Chinese travel reservations to Doha in particular skyrocketed 441% year on year during the Golden Week, while bookings to Abu Dhabi grew 229% year over year.
Read MoreGovernment Shutdown Disrupts Housing Data—but Relief Is in Sight as Mortgage Rates Hold Steady

The federal government shutdown stretched past the one-week mark, interrupting data releases and likely delaying some home closings. Mortgage lenders have received guidance from Fannie and Freddie on adaptations they can make to minimize disruption, which will help. One bright spot, Bureau of Labor
Read MoreTech Pulse: Mortgage leaders stress forward thinking

Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: Mortgage execs advise lenders to embrace technology or risk falling behind Lenders were u
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Hollywood heavyweight Brad Pitt and his girlfriend, Ines de Ramon, have reportedly taken a major step in their relationship by moving in together—just weeks after the actor snapped up a brand-new $12 million home in Los Angeles. The Oscar-winning star, 61, and his 32-year-old partner, who began dati
Read More Slocum Home Team joins eXp Realty after 76 years in Rhode Island

The Slocum Home Team, a three-generation family real estate business founded in 1949, has joined eXp Realty. Founded by George Slocum in Warwick, Rhode Island, the brokerage has been a fixture in local real estate for the better part of a century. The team is now led by Nick Slocum and includes 30 a
Read MoreAirlines tell passengers to prepare for delays as government shutdown continues

Air traffic control staffing shortages have driven up some flight delays at U.S. airports this week.
Read MoreBillionaire Ken Griffin proposes private megayacht marina on Miami Beach’s Terminal Island

Billionaire Ken Griffin, who owns well over $1 billion of South Florida residential and commercial real estate, wants to open a private megayacht marina in Miami Beach. Griffin, through an affiliate, filed a proposal for a 30,000-plus-square-foot marina with four buildings at 120 MacArthur Causeway
Read MoreJeff Greene sues West Palm Beach to force approval for stalled condos

Billionaire developer Jeff Greene filed suit against West Palm Beach, alleging the city has improperly stalled approvals for his planned luxury condominiums. The developer said he believes Mayor Keith James is delaying the project as retaliation for Greene’s opposition to a city land deal with bill
Read MoreSpirit Airlines wins approval for $475 million lifeline in bankruptcy court

Spirit Airlines will get a $475 million lifeline from its bondholders and another $150 million from an aircraft lessor.
Read MoreCompass adds the Salaverri Windsor Group in Florida

Compass announced that the Salaverri Windsor Group. a Sarasota, Fla.-based real estate team, has joined the company. Led by Georgia Salaverri and Steven Windsor, the team has more than 30 years of combined experience in real estate. “We are thrilled to welcome the Salaverri Windsor Group to Compass,
Read MoreCalifornia Finally Ends ‘Home Equity Theft’—Closing the Last Loophole in Property Tax Foreclosures

In 2023, the Supreme Court issued a landmark ruling that reaffirmed a basic constitutional principle: When the government seizes property, it cannot keep more than what it is owed. And yet, until this month, it was still happening to California homeowners who fell behind on their property taxes. Whe
Read MoreAffiliated launches $250M fund for mixed-income multifamily projects

Affiliated Development is looking to raise $250 million to provide equity capital for mixed-income multifamily projects across Florida. Fort Lauderdale-based Affiliated, led by Nick Rojo and Jeff Burns, recently completed its initial round of capital fundraising, securing $50 million in commitments
Read MoreSuspected $100M real estate fraud scheme uncovered in Baltimore

A suspected real estate fraud ring involving New York-based investors has triggered a wave of foreclosures across Baltimore, according to a local report. A months-long investigation by The Baltimore Banner uncovered the scheme, which allegedly involved EGBE Ventures and related companies tied to inv
Read MoreFormer Zillow Flex agent on who benefits from Premier agent class action lawsuit

In full transparency: My former Dayton, Ohio real estate team is one of Zillow’s top-performing Flex partners, closing a significant number of Flex deals every month. I understand how the program works — the good, the bad and the fine print. When I read about the new class-action lawsuit accusing Zi
Read MoreMidtown Capital advances plan under Live Local for 300-unit apartment building in Plantation

Midtown Capital Partners advanced its plan to build 300 apartments, including 60 affordable housing units, on a parking lot at a Plantation office park, under the state’s Live Local Act. The Plantation City Council on Wednesday unanimously approved a site plan for the six-story multifamily developme
Read MoreHow Trump’s immigration policies reshape mortgage strategies

Loan officer Elizabeth Galan, who works for UMortgage in Cincinnati, has had to pivot her business strategy in 2025. Galan focuses on serving Hispanic borrowers — about 80% of her clients — in cities like Cincinnati and Dayton, Ohio, as well as northern Kentucky. Many of them hold non-permanent resi
Read MoreReverse mortgage industry urged to elevate standards, shift perceptions at NRMLA meeting

At the annual National Reverse Mortgage Lenders Association (NRMLA) meeting, financial advisor and trainer Ryan Ponsford urged reverse mortgage professionals to strengthen their credibility and collaboration with financial advisors, saying the industry’s future depends on shifting perceptions and el
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One Direction star Louis Tomlinson has recalled the moment he discovered his former band member Liam Payne had tragically died—just as he was pulling into the driveway of his home. Tomlinson, 33, opened up about the traumatizing phone call that revealed that Payne, who passed away in October 2024 at
Read More Longbridge employs One Diligence’s AI platform

One Diligence, a provider of reviews and outsourcing solutions to the residential mortgage industry, announced on Thursday that reverse mortgage lender Longbridge Financial has implemented its artificial intelligence–driven platform to enhance accuracy and efficiency in loan servicing operations. Lo
Read MoreRealtor associations, MLSs push back on steering allegations

The slew of defendants in the Zea antitrust lawsuit filed against the National Association of Realtors (NAR) have been busy rejecting the lawsuit’s claims. On Wednesday, the defendants filed motions to dismiss the lawsuit, as well as a response in opposition to plaintiff Jorge A. Zea’s motion for pr
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