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.
Inside Real Estate puts forth AI-powered home search platform

Inside Real Estate has released HomeSearch AI — a new search and client engagement platform designed to let users input natural language to find listings and help real estate professionals reengage dormant leads. The platform incorporates technology from ListAssist — a company Inside Real Estate acq
Read MoreRE/MAX turns to Vic Lombardo to scale Motto Mortgage, wemlo

RE/MAX Holdings has appointed Vic Lombardo as its president of mortgage services. Lombardo will succeed Ward Morrison to oversee mortgage brokerage franchise brand Motto Mortgage and third-party processing solution wemlo, the company announced on Monday. Lombardo brings more than two decades of expe
Read MoreCaliber Home Loans fined $2.3M for overcharging California borrowers

The California Department of Financial Protection and Innovation (DFPI) confirmed on Monday that it has reached a $2.3 million settlement with former mortgage lender and servicer Caliber Home Loans Inc. California regulators found that in 2016, Caliber overcharged borrowers per diem interest and lat
Read MoreGreystone’s $103M affordable housing fund to support rental units in six states

New York-based Greystone Real Estate Capital has closed its first affordable housing fund, raising $103 million to finance nearly 1,000 rental units across six states. The fund — called Greystone Affordable Housing Fund I LP — will support a total of 11 developments in Louisiana, Massachusetts, Miss
Read MoreVA loan homebuyers navigate NAR settlement with ease

As the real estate industry prepared for the business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement, one of the biggest questions was how the changes would impact veteran homebuyers wishing to use their loan benefit from t
Read MoreEx-Advanta CEO sells Hillsboro Beach mansion for $27M

Ex-Advanta CEO Dennis Alter sold his oceanfront Hillsboro Beach mansion for $27.1 million, The Real Deal has learned. Alter sold the home at 1111 Hillsboro Mile in Hillsboro Beach to an out-of-state buyer, listing agent Gerry Liguori confirmed. He declined to comment on the buyer’s identity. The dee
Read MoreWFG National Title launches Agent 3.0 with AI, automation focus

WFG National Title Insurance Co. has introduced Agent 3.0, which will offer users expanded options for artificial intelligence (AI) and automation. The program follows rollout of Agent 2.0 earlier this year, which emphasized personalized support and growth tools for title agents. Leaders said Agent
Read MoreAvalonBay drops $98M for 270-unit apartment complex in Coconut Creek

AvalonBay Communities bought a 270-unit apartment complex in Coconut Creek for $98.3 million, marking an uptick in South Florida multifamily investment sales. Arlington, Virginia-based AvalonBay bought the property at 5401 Wiles Road from an entity tied to Wellington-based Bainbridge Companies and
Read MoreHUD’s English-only policy slams the door on the American Dream

“One voice” or no voice at all? As of August 2025, the U.S. Department of Housing and Urban Development (HUD) is officially enforcing an English-only policy across its operations. Under direction from the Trump administration’s executive order that declared English the “official language” of the Uni
Read MoreBerkshire Hathaway’s Warren Buffett bets big on homebuilders

Businessman and investment icon Warren Buffett is making waves in the housing industry. Documents filed last week with the Securities and Exchange Commission (SEC) revealed that Buffett’s Berkshire Hathaway has made major investments in homebuilders Lennar and D.R. Horton. According to the filing,
Read MoreOphthalmologist’s pending sale of Venetian Islands house tops slow week of signed contracts

The summer slowdown hit especially hard last week for luxury residential properties across Miami-Dade County. Buyers signed nine contracts between Aug. 11 and Aug. 17, according to the latest Eklund-Gomes report, which tracks listings of homes and condos asking $4 million and up in Miami-Dade that
Read MoreNew-home purchase mortgage demand kept growing in July

The Mortgage Bankers Association (MBA)’s Builder Application Survey data for July 2025, released on Monday, shows that mortgage applications for new-home purchases increased 6.8% compared from a year ago. Compared to June 2025, applications increased by 7%. This change does not include any adjustmen
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Ultra Club Midtown | Miami A 2-acre padel club will open at a planned $2 billion mixed-use development at Midtown Miami, reportedly marking the largest padel venue in the U.S. Ultra Padel will open the Ultra Club Midtown pop-up venue with 11 outdoor courts, three children’s courts, a food and bever
Read More Movers & Shakers: United Capital taps Adam Lipkin as managing director

In the latest roundup of South Florida real estate hiring news, firms tapped new leaders and brokers made moves. Miami Beach-based United Capital tapped Adam Lipkin as managing director of capital markets, according to a press release. In his new role, Lipkin will oversee capital solutions for Unit
Read MoreTokyo tops the list for 2025's best 'workcation' destinations in the world

The Japanese capital took the No. 1 spot for the best "workcation" destinations in the world, according to a 2025 report by the International Workplace Group.
Read MoreMortgage spreads cushion mortgage rates against warm inflation data
Inflation data was warm last week, but mortgage rates remain near their lowest levels for 2025 because mortgage spreads continue to outperform. Last week featured a hot Producer Price Index (PPI) report and a core Consumer Price Index (CPI) inflation rate of 3.1% year-over-year, and still — mortgage
Read MoreThe Weekly Dirt: Developers bail on South Florida’s multifamily boom

The cycle for new multifamily construction is ending, and owners of multifamily development sites are looking for an out. It makes sense. Many developers are putting their sites up for sale following a period of rapid growth fueled by the pandemic boom. Then came the slowdown, brought by unsustain
Read MoreThe Florida Association of Mortgage Professionals pushes for condo guideline changes

Florida homebuyers are facing the same affordability challenges that other housing markets are grappling with, but with added regulatory hurdles if they want to buy a condo. The Florida Association of Mortgage Professionals (FAMP), which is hosting its annual convention this week in Orlando, is addr
Read MoreAs Social Security turns 90, what will its future hold?

The Social Security system celebrated its 90th birthday this week. In the wake of this milestone, several policy analysts and news outlets offered their thoughts on the program’s past, present and future. The Committee for a Responsible Federal Budget (CRFB) noted that the safety net program that cu
Read MoreMBA opposes GSE merger, supports explicit government guarantee

In the debate over whether Fannie Mae and Freddie Mac should merge, the Mortgage Bankers Association (MBA) has remained consistent: “We don’t think that would be a good idea,” chief economist Mike Fratantoni said. The trade group supports a stock offering that preserves stability in the secondary mo
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