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.
Bipartisan RESIDE Act aims to convert vacant spaces into housing

A bipartisan group of lawmakers has introduced legislation aimed at repurposing vacant buildings into affordable housing. Reps. Sam Liccardo (D-Calif.), Maria Salazar (R-Fla.), Johnny Olszewski (D-Md.) and Brian Fitzpatrick (R-Pa.) announced the Revitalizing Empty Structures Into Desirable Environme
Read MoreSpirit Airlines is halting 40 routes, hires ex-Amazon network planning exec

Spirit said it is halting 40 routes to focus on stronger markets.
Read MoreRealtor association tools driving member success

From data-driven platforms to safety apps and legal support, Realtor associations are investing in tools and services to help agents compete in a rapidly changing industry. Leadership from Florida Realtors and Virginia Realtors told HousingWire their focus is on delivering simplicity, integration an
Read MoreNAR appoints former Etihad Airways exec to lead event strategy

The National Association of Realtors (NAR) is continuing to revamp its leadership team. On Friday, the trade association announced the appointment of Amanda Whitehead as its new vice president of event strategy and member engagement. “As NAR charts a new path and as part of our strategic efforts to
Read MoreFoundry, Wheelock pay $66M for shuttered Pompano Beach flea market

Foundry Commercial and Wheelock Capital are teaming up to convert a shuttered indoor flea market in Pompano Beach into an industrial complex. Orlando-based Foundry, led by Paul Ellis, and Greenwich, Connecticut-based Wheelock, led by Rick Kleeman and Jonathan Paul, paid $66 million for the 26-acre
Read MoreThis $4.5M Home Wouldn’t Sell—Until a Baby Rave Changed Everything

A $4.5 million Los Angeles home struggled to find a buyer until the listing agents hosted a “baby rave” open house. Now, the Crestwood Hills home that had gone through two delistings is in escrow, and it offers a look inside what it takes to move properties in a sluggish market. Delistings have surg
Read MoreDouglas Elliman investigated over insider trading: Reuters

Douglas Elliman is being investigated over the alleged potential acquisition by Anywhere, according to a report published by Reuters on Wednesday. The report cited letters related to the matter seen by Reuters and conversations with three people familiar with the issue. According to these sources,
Read MoreNFIP set to expire as shutdown, disaster seasons collide

With the National Flood Insurance Program (NFIP) set to expire Sept. 30, just as hurricane and wildfire seasons collide with the threat of a federal government shutdown, uncertainty is mounting for homeowners, insurers and the housing market. The NFIP has faced repeated short-term extensions and lap
Read MoreGovernment shutdown looms large for real estate, mortgage

Government shutdowns have repeatedly rippled through the real estate industry over the past three decades, delaying loans, snarling flood insurance and rattling buyer confidence. A federal shutdown is days away as of Friday — threatening paychecks for hundreds of thousands of workers, freezing key r
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With the 2025 Ryder Cup well under way at the Bethpage State Park Black Course in Farmingdale, NY, interest in the iconic tournament has reached fever pitch as the U.S. team goes up against Europe in a bid to reclaim the trophy. Golfing greats like Bryson DeChambeau, Rory McIIlroy, Scottie Scheffler
Read More Billionaire Patrick Dovigi drops $15M on another Sunset Islands house

Waste management mogul Patrick Dovigi dropped $15 million on another waterfront house in Miami Beach’s Sunset Islands. Records show his Dovfam Sunset LLC bought the house at 1601 West 24th Street on Sunset Island III from Franck and Agnes Cohen in an off-market deal. The property is next door to the
Read MoreFAA to let Boeing sign off on 737 Maxes, 787s after years of restrictions

Boeing can sign off on some of its 737 Max and 787 Dreamliner planes before they're handed over to customers, the FAA said Friday.
Read MoreAutumn Safety Checks Every Homeowner Should Do Before the Cold Weather Sets In

As the weather cools and homeowners prepare for the colder months, fall is the perfect time to run a full safety check on your property. Catching issues early can prevent costly emergencies later—and in some cases, keep your family safe. A seasonal inspection doesn’t have to take long, but it can ma
Read MorePitbull’s charter school taking over Olympia Theater in $10 no-bid deal

The Miami City Commission finalized a controversial deal to transfer ownership of the historic Olympia Theater in downtown Miami to a charter school company co-founded by rapper Pitbull, whose real name is Armando Christian Perez. On Thursday, city commissioners voted unanimously, 5-0, to sell the 1
Read MoreWhat are Tech Trendsetters most excited about right now?

With nominations for HousingWire’s 2025 Tech Trendsetters closing on Sept. 30, we’re continuing to spotlight previous honorees and industry leaders for their insights on tech in 2025. We asked one simple question: What project are you most excited about right now? Their responses highlight how artif
Read MoreGibson, Batton plaintiffs object to final approval of eXp, Weichert settlements

The objection deadline in the final approval process for commission lawsuit settlements reached by eXp World Holdings and Weichert Realtors in the Hooper commission lawsuit brought out several familiar names for those who have closely followed the commission lawsuit saga. On Friday, the Gibson home
Read MoreHow the New $100K H-1B Fee Could Hit Housing Demand in Key U.S. Markets

Living in the U.S. just got more expensive if you're on a certain visa. President Donald Trump signed a proclamation on Sept. 18 requiring companies to pay a new $100,000 fee on H-1B visas for highly skilled workers. "The H-1B nonimmigrant visa program was created to bring temporary workers into the
Read MoreCan My HOA Ban Halloween Decorations?

Halloween decorating has become bigger, bolder, and more competitive in recent years (think 12-foot skeletons and elaborate sound-and-light shows!) But for homeowners in HOA communities, rules around what’s allowed can dampen spooky season fun. With HOA restrictions on holiday decor becoming more an
Read MoreWorkers are more confident about retirement, but there’s a catch

American workers have grown more confident in the past year about their finances in retirement, according to survey data released this week by the Nationwide Retirement Institute. But this sentiment “may not be grounded in financial knowledge” as many people are making decisions that could negativel
Read MoreFormer NFL MVP Shaun Alexander Reveals His Wife Valerie Is Pregnant With Their 14th Child

Former Seattle Seahawks star Shaun Alexander has announced that his wife, Valerie, is pregnant with their 14th child—11 years after the couple snapped up a compound in Virginia, where they have since raised their growing brood. Shaun, 48, who wed his 46-year-old wife in 2002, shared the news during
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