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.
Private listing ecosystems could deepen the housing affordability crisis

Rising prices alongside weaker sales and closed listing ecosystems are reducing consumer visibility and competition
Read MoreThings That Go Bump in the Night: 5 Signs and Sounds of Structural Damage To Look Out For in Fall

This October, you may notice creaks, cracks, and slanted floors in your home. And that doesn’t mean there are ghosts. The real culprit is usually something less supernatural and potentially more expensive to ignore: structural damage. “A single crack, creak, or sticking door doesn’t automatically m
Read MoreLarry Ellison’s North Palm Beach estate hits the market for record $165M

Billionaire Oracle founder Larry Ellison listed his North Palm Beach home for a whopping $165 million. The tech titan paid $80 million for the 8.4-acre property in 2021, and listed it for sale a year later asking $145 million. It’s inside the gated Seminole Landing community. The Wall Street Journal
Read MoreSmall Wonder: 2027 Kia Seltos X-Line SX AWD

The 2027 Kia Seltos X-Line SX AWD. Photo by Kia Here’s your Trivial Pursuit question of the day. What’s the meaning of the word Seltos? As in the Kia Seltos, Kia’s brand-new, adorable compact SUV? Surprisingly, it’s not the usual alphabet soup of letters conjured-up by some overpaid advertising agen
Read MoreHECM originations sink to lowest level since 2020, HMBS issuance down 17% in September

September endorsements dropped to 1,790 — the lowest figure since April 2020 — while HMBS issuance fell to $446 million
Read MoreEven a missed jobs report and the Fed talking dovish aren’t keeping yields lower

A jobs miss sent the 10-year yield to as low as 5.17% before yields rose higher toward 5.28%
Read MoreMassachusetts buyer bags Davie shopping center for $26M amid his South Florida retail spree

A Massachusetts-based real estate investment company bagged a Davie shopping center for $25.6 million in an off-market sale. Perkins Realty Management LLC, led by Andrew Perkins, bought the 106,500-square-foot Davie Square at 5503-5795 South University Drive from an entity linked to North Miami-bas
Read MoreMortgage Banking Summit: ‘Street fight’ market concentrates growth toward nondelegated lenders

Data shows a small fraction of lenders capturing most new production as LOs shift to brokerage and correspondent platforms
Read MoreInstitutional Investors Are Quietly Returning to the Housing Market

Institutional investors are kicking the tires in the American housing market once again. Investors who own more than 1,000 homes accounted for 2.2% of the share of home sales in August, up from 1.4% in February, according to new data from real estate analytics firm Cotality. The rebound came as Cong
Read MoreAmerican starts letting customers mix cash and miles for tickets

American is joining other carriers that allow customers to book with a combination of points and miles.
Read MoreChristie’s International Real Estate SoCal adds $180M in agent production with Pasadena expansion

New team additions posted $180 million in the past 12 months, the RealTrends Verified brokerage reported
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Kardashian matriarch and "momager" extraordinaire Kris Jenner is once again trying her luck on the housing market by relisting her iconic Hidden Hills, CA, mansion with a $2 million discount. Jenner, 70, originally listed the home in February 2025, having used the residence as her family's primary d
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Joanna Gaines may be famous for leading a lifestyle, retail, and media empire with her husband, Chip Gaines, but the HGTV star has admitted that even she deals with burnout and imposter syndrome. The 48-year-old mom of five recently opened up about her new role at Magnolia, and how a bold decision t
Read More 5 Sun-Drenched Homes Bringing Southwestern Charm to Cold-Weather Cities

With winter right around the corner, it's time to start preparing for the drop in temperatures. One of the best ways to do that is by finding a warm and inviting home, especially if you live in a chilly state where winters seem to linger a little longer. From New York to Washington, we found five su
Read MoreFHA launches optional transition period to UAD 3.6

Lenders can begin sending FHA appraisals in UAD 3.6
Read MoreSee How a 1970s Brentwood Tudor Was Transformed Into an $8 Million Modern Estate

A "fully renovated" Tudor in Los Angeles' Brentwood neighborhood just hit the market for $8 million. Built in 1972, the six-bedroom residence designed by Jordan Bakva blends timeless design with modern amenities. Bakva reworked significant portions of the layout, completely renovated the kitchen and
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Chris Brown's former housekeeper, Maria Avila, has accepted a reduced payout of $9.5 million—after she was attacked by his dog while at his $6 million California home. Avila was brutally attacked by his 200-pound Caucasian shepherd guard dog, Hades, at his Tarzana, CA, home in 2020. After the first
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Orlando’s multifamily market is recovering from an oversupply hangover. Construction has slowed, rent growth hit a bottom and demand is beginning to absorb the apartment glut. Investors and developers are optimistic that the market is entering a period of stabilization fueled by population and job
Read More Mortgage Calculator: Here’s How Much You Need To Buy a $430K Home at a 7.28% Rate

Mortgage rates experienced a sharp upward surge this week, with the average rate on 30-year fixed home loans climbing to the 7.28% mark for the week ending Oct. 1, up 25 basis points from 7.03% the previous week, according to Freddie Mac. This substantial increase reflects a significant tightening i
Read MoreLarry Ellison To List Lavish Oceanfront Florida Property for $165 Million

Billionaire Oracle co-founder Larry Ellison is planning to bid farewell to his sprawling waterfront property in Florida, with hopes to fetch $165 million. Ellison snapped up the palatial pad back in 2021 for $80 million with the intention of tearing it down. However, over a year later, he tested the
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