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.
Advalis CEO speaks on expanded FinCEN compliance platform

Compliance software provider Advalis has launched a new version of its platform designed specifically for title companies, escrow officers and settlement agents facing the upcoming Financial Crimes Enforcement Network (FinCEN) Residential Real Estate Reporting Rule. The rule, which takes effect Dec.
Read MoreLower mortgage rates pushed inventory lower in August
Have lower mortgage rates altered the dynamics of the housing market based on our data? Now that August has come to an end, it’s clear that they have — and the results have surprised me. In recent years, it has typically taken sustained mortgage rates of around 6% to impact housing data. However, I
Read MoreTrump’s ‘liberation day’ tariffs ruled illegal, but stay in place for now

The sweeping tariffs President Trump implemented on April 2 have been ruled illegal by a federal appeals court that said Trump did not have the power under the International Emergency Economic Powers Act to levy tariffs. However, the court is allowing the tariffs to stay in place until a lower court
Read MoreSpirit Airlines files for Chapter 11 bankruptcy protection for the second time in a year

Spirit Airlines filed for bankruptcy protection again, just months after the budget carrier came out of Chapter 11 protection earlier this year.
Read MoreTech Pulse: Smart home tools for seniors; AI marketing for agents

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: The new smart home technology that’s helping seniors age in place With seniors now outnum
Read MoreDoes the trigger leads bill opt-in provision wave goodbye to competition?

A long-awaited crackdown on trigger leads is on its way to President Donald Trump’s desk, but not everyone in the mortgage world is celebrating. Nestled in the bill is a provision that’s leading professionals to raise doubts about whether the measure is a consumer safeguard or a competition killer.
Read MoreYouTubers set trap for crime ring targeting seniors, resulting in 25 arrests

Federal agents have disrupted a long-running fraud scheme targeting seniors, arresting 25 members of a Chinese criminal gang over the past week. The twist? The agents were assisted by YouTubers who set and sprang the trap on the fraudsters, who are charged with stealing $65 million from seniors nati
Read MoreHRP-led entity is mystery buyer paying $180M for Fisher Island dev site

An entity led by HRP Group, a Chicago-based real estate firm specializing in redeveloping contaminated properties, is the mystery buyer paying $180 million for a 9.6-acre development site on Miami Beach’s Fisher Island, The Real Deal has learned. The parcel, home to a fuel depot owned by global ene
Read MoreInvestor housing market share dips but remains elevated
Investor housing market activity slipped in the second quarter of 2025 but remains above recent historical averages, according to a new report from Cotality. Investors accounted for 32% of single-family home purchases in January, the report said. By June, the share had fallen to 29%. A year earlier,
Read MoreEx-“Real Housewives of Miami” star, fiancé attorney pay $34M for waterfront Gables Estates mansion

Attorney Anthony Lopez and his fiancée, former “Real Housewives of Miami” star, Dr. Nicole Martin, bought a waterfront mansion in Coral Gables following their recent sale of a nearby estate, The Real Deal has learned. The couple paid $34 million for the seven-bedroom, seven-and-a-half-bedroom home
Read MoreMLS PIN settlement business practice changes go into effect Tuesday

Subscribers to the New England-based MLS Property Information Network (MLS PIN) are gearing up for some business practice changes, which are set to go into effect on Tuesday. The changes are the results of MLS PIN’s long-awaited settlement agreement in the Nosalek commission lawsuit. The MLS defend
Read MoreTransUnion discloses cyberattack impacting 4.4M consumers

Credit bureau TransUnion disclosed Wednesday that a July cyberattack compromised the personal data of more than 4.4 million consumers, according to a filing with the Office of the Maine Attorney General. In a letter to affected customers, the company stressed that the breach did not involve its core
Read MoreGen Z offers its thoughts on the renter vs. homeowner debate
Homeownership has long been seen as a marker of stability and success. But for many in Generation Z — the youngest group entering the housing market — that dream feels increasingly out of reach. Rising mortgage rates, high home prices, student debt and career uncertainty are reshaping what housing l
Read MoreIs Opendoor the next meme stock revival story or fool’s gold?

After its ride on the meme stock rollercoaster and the resignation of its CEO, Opendoor has indicated it is ready to start a new chapter, one that will ideally bring it back to profitability, but activist retail investors are asking that they get a say in the firm’s next moves. Opendoor’s eventful
Read MoreWhat mortgage lenders are doing to limit contract cancellations

Buyers are pulling out of purchase contracts at an alarming rate — reaching an eight-year high in July. HousingWire spoke to several lenders about how they are tackling the problem on the front end to prevent contracts from going south. Experts say the surge in collapsed deals stems from soaring hom
Read MoreSouth Florida by the numbers: Game changers

“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. Summer is typically the slowest time for local sports, with just one of the area’s big league teams actively competing, and the Miami Marlins once again experiencing a “rebu
Read MoreHarry Gross’ G-Holdings sues to undo rezoning for rival Aventura dev site

Harry Gross’ G-Holdings is seeking to downsize an Aventura mixed-use project planned by another developer, alleging it would hurt his own condo-hotel development on an adjacent site. An affiliate of New York-based G-Holdings is suing the city of Aventura and the developer of Cassa Residences to und
Read MoreConstruction worker dies after “traumatic injury” at Bal Harbour Shops

A worker died after suffering a “traumatic injury” at Bal Harbour Shops’ construction site, authorities confirmed. Miami-Dade Fire Rescue crews responded to a medical call at about 11:45 a.m. Thursday near the 9800 block of Collins Avenue in Bal Harbour, removing the patient from a “confined space”
Read MoreR&B Realty officially loses Gateway at Wynwood

R&B Realty’s Hail Mary effort to retain ownership of Gateway at Wynwood failed. Two affiliates of R&B Realty, led by Aron Rosenberg, were unable to refinance a delinquent $112.9 million mortgage by an Aug. 22 deadline, filings in New York federal bankruptcy court show. San Diego-based Cire Equity,
Read MoreMortgage lending activity sees ‘typical spring bounce’
Mortgage lending increased in the second quarter 2025, with nearly 1.76 million residential loans issued nationwide, according to ATTOM’s quarterly mortgage origination report. It was the first time since 2021 that the second quarter saw an annualized increase. The total number from April through Ju
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