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.
2,500+ Florida Condos Show Structural Damage, Just 5 Evacuated, State Report Finds

A new state report reveals that more than 2,500 Florida condominium and cooperative buildings showed signs of significant structural deterioration, and dozens were deemed "unsafe and uninhabitable"—yet only five were evacuated. The 24-page report, released this week by the Florida Legislature’s Off
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It starts innocently enough… You put the concert tickets on your credit card, your friend books the Airbnb, and someone else covers dinner. Everyone promises to settle up later. Except “later” turns into next payday. Then next month. Before long, not only are you floating your friends, you’re carry
Read More How Compass used technology to chart its course to the top

In 2017, Kyle Talbott and his wife Karen Talbott, who make up the Corcoran-brokered Talbott Team, were considering a move to Compass, after talk about the then 5-year-old brokerage’s technology had caught their attention. “We had a preview of the system that Compass started putting together back the
Read MoreTop 5 States for Foreign Homebuyers—Where Nearly 50% Are Paying Cash for Homes

Foreign buyers are pulling back from the U.S. housing market, with spending near a record low, but some states are still seeing booming interest. International buyers spent $45.3 billion from April 2025 to March 2026, closing on 67,100 existing homes nationwide, according to the National Association
Read MoreFed hawks are on the war path, sending mortgage rates higher

Today the 10-year yield hit a yearly high of 4.74% and mortgage rates rose six basis points to 6.83% (as of this writing), as all the Federal Reserve hawks came out to play, and they were not taking a page from Fed Chair Kevin Warsh’s playbook. They want their voices heard loud and clear — and they
Read MoreICE posts strongest quarter for mortgage tech since 2022

Intercontinental Exchange Inc., the operator of the New York Stock Exchange (NYSE) and parent company of ICE Mortgage Technology, reported its strongest quarterly mortgage business performance in four years during the second quarter of 2026. While reporting a profitable quarter, the company also ann
Read MoreEvery real estate agent has AI now, how sellers spot real expertise

A homeowner recently asked me to review a listing presentation prepared by another real estate agent. It was impressive. The pricing analysis was organized, the marketing plan included video, social media and buyer targeting, and the language was polished throughout. A few years ago, a presentation
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Smart home security was designed to keep burglars out, but it's increasingly being used to keep tabs on potential buyers—creating a tense new dynamic in the real estate market. Almost three-quarters (72%) of recent homebuyers say they have either seen or suspected cameras, microphones, or recording
Read More NEXA’s Mike Kortas criticizes loanDepot, pitches LOs to switch companies amid ongoing lawsuit

An ongoing feud between loanDepot and NEXA Lending was brought to light again this week through a social media posst authored by NEXA CEO Mike Kortas, which urges loanDepot loan officers to join NEXA. In the post, which begins with the line “Attn: Loan Depot Loan Officers,” Kortas offered a year of
Read MoreMortgage Calculator: Here’s How Much You Need To Buy a $430K Home at a 6.66% Rate

Mortgage rates continued their upward momentum this week, as the average rate on 30-year fixed home loans hit 6.66% for the week ending July 30, up 8 basis points from 6.58% the previous week, according to Freddie Mac. This marks the highest average rate in one year. Despite this notable surge, curr
Read MoreKent Security sues developer Michael Stern over unpaid bills

The Alexander family’s Kent Security is looking to collect on unpaid bills, and its latest target is developer Michael Stern. North Miami Beach-based Kent, which is owned by Orly and Shlomy Alexander and Orly’s brother Gil Neuman filed a lawsuit this week against Stern for $127,697.64, plus prejudg
Read MoreLiving on the Edge: 5 Dramatic Cantilevered Homes Hovering Over Thin Air

If you've ever wanted to live in a dramatic dwelling with bold design, perched on the edge of unsurpassed views, here is your chance. Whether you're looking for a serene retreat in the mountains or prefer a glass-enclosed mansion overlooking the city, a cantilevered home might be just what you are l
Read MoreKimco’s $109M grocery-anchored shopping spree picks up Publix, Walmart centers in Broward

Kimco Realty went on a $109 million grocery-anchored shopping spree in Broward County, picking up a pair of retail centers from KPR Centers. The Jericho, New York-based real estate giant dropped $56 million for Sunshine Plaza in Tamarac and $53 million for Pompano Marketplace in Pompano Beach, recor
Read MoreTired of Nantucket’s Influencer Scene? 5 New England Hidden Gems To Visit Instead

Full-time Nantucket residents are growing tired of the influencer wave. John Sylvia, owner of a nearly century-old antiques and crafts store on the island, made that clear earlier this summer when he displayed a handmade sign in his shop that read “No Influencers.” As Nantucket has grown more popula
Read MoreFinal member of $6M-plus insurance fraud ring sentenced to nearly 4 years

A Davie woman pleaded guilty for her role in a $6.6 million insurance fraud con and will serve nearly four years in prison, ending the unraveling of a massive scheme that spanned South Florida and the rest of the state. Lisette Patricio, 64, was sentenced to three years and nine months followed by
Read MoreSouth Florida’s top deals: Kimco buys Broward shopping centers for $109M

🏆 Residential: Fort Lauderdale had the priciest home sale recorded in South Florida. A company managed by Michael D. Snyder, founder and CEO of MDS Energy Development, parted with the home at 340 San Marco Drive for $9.5 million. The buyer was a company tied to Margaret Yu and Thomas Lee. The prope
Read MoreMore Than 1,000 Schools Closed—and Home Values Could Take the Hit

More than 1,000 public schools across 700 communities closed last year, according to new data—shuttering a prized neighborhood amenity and potentially putting nearby home values at risk. Just ask Virginia Morris. She and her family moved to their neighborhood in Oro Valley, AZ, because they saw the
Read MoreUnsustainable US construction demand is impeding housing market success

The AI boom over the last few years has created a new class of exceedingly wealthy technology innovators, investors and employees. Compounded with a bullish stock market and IPOs like SpaceX sending employees into affluence within days, it comes as no surprise there’s increasing demand for complex,
Read MoreReducing risk: Why the right IT service provider matters

In real estate, title insurance and mortgage lending, technology keeps transactions moving. Production platforms, email, cloud applications and networks must operate reliably and securely, often under significant time pressure. For many small and mid-sized organizations, managing that environment en
Read MoreProprietary reverse mortgages are outpacing HECMs. It’s time to raise the bar on fee transparency.

Recently, a woman contacted me after her daughter encouraged her to get a second opinion before closing on a reverse mortgage. She had already chosen a lender, attended reverse mortgage counseling, completed her application and was ready to move forward. She simply wanted someone to review the numbe
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