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.
Developer scales down Goulds Village Center to 300 market-rate apartments

A developer wants to scale down its planned Goulds Village Center project to 300 units. Lockhart Management Group, which primarily has built self-storage facilities across Florida, plans the market-rate complex with a pair of five-story buildings on a 3.7-acre site between U.S. 1 and the South Dade
Read MoreWhy mortgage purchase apps are on a 22-week growth streak
One of the most surprising pieces of housing economic data for 2025 is that purchase apps for the existing home sales market have shown 22 weeks of year-over-year growth. And that includes nine consecutive weeks of double-digit year-over-year growth in recent weeks. Normally, this would be a signifi
Read MoreSome international LGBTQ+ travelers pull back on U.S. trips: 'Why would I go there?'

Despite some pullbacks in corporate sponsorships, pride organizations across the U.S. said attendance is still strong.
Read MoreTripadvisor stock surges 17% as Starboard Value builds sizable stake in online travel company

Tripadvisor shares jumped 10% after Starboard Value revealed a more than 9% stake in the online travel company, according to a securities filing.
Read MoreCleveland Browns owner drops $25M on oceanfront Lost Tree Village home

Cleveland Browns owner Susan “Dee” Bagwell Haslam bought an oceanfront home in North Palm Beach’s gated Lost Tree Village community for $25 million, in an off-market deal. Records show her Knox-Main Trust bought the home at 11914 Turtle Beach Road from Robert F. White Jr. and Diane White. Bagwell
Read MoreArmando Falcon on the FHFA’s move toward crypto mortgages

It’s been just over a week since Federal Housing Finance Agency (FHFA) Director Bill Pulte directed Fannie Mae and Freddie Mac to start preparing for the use of cryptocurrency in single-family mortgages.With limited guidance beyond the FHFA’s directive, mortgage originators and industry experts are
Read MoreGranite REIT picks up Coral Springs industrial complex for $36M

Granite REIT is the latest institutional out-of-towner to dip into South Florida for the first time. An affiliate of the Toronto-based real estate investment trust, led by CEO Kevin Gorrie, paid $36.3 million for a Coral Springs industrial complex, records and real estate database Vizzda show. A J
Read MoreState AGs oppose HUD’s plan to roll back fair housing marketing rules

California Attorney General Rob Bonta — along with a coalition of 20 other attorneys general — is urging the U.S. Department of Housing and Urban Development (HUD) to abandon a proposed rule that would eliminate federal requirements prohibiting discriminatory marketing of affordable housing.In a let
Read MoreDevelopers buy Venetian Islands lot for $16M, plan $62M spec estate

Spec developers Ricardo Halfen and Matthew Rosenblatt dropped $15.8 million on a waterfront lot on the Venetian Islands, where they plan to build a $62 million estate, The Real Deal has learned. The pair bought the half-acre property at 1141 North Venetian Drive in Miami Beach from an LLC named for
Read MoreTexas independent brokerages join Compass

Compass continues to welcome agents to the firm, this time via two independent brokerage integrations in Texas. Vista Real Estate and Halo Group Realty are joining Compass, according to an announcement on Thursday. Vista Real Estate serves clients in central Texas and has more than 60 agents, while
Read MoreOne ‘Big Beautiful’ win: House advances budget bill for Trump’s signature

President Donald Trump’s One Big Beautiful Bill Act is about to become law.The House of Representatives on Thursday voted to advance the budget reconciliation bill by a razor-thin margin, echoing the 50-50 tie in the Senate that required Vice President JD Vance’s vote in order to advance the legisla
Read MoreSurvey: Down payment concerns delay homeownership for many

Despite strong interest in home-buying, affordability challenges and misconceptions about down payments are deterring many potential buyers, according to a new survey from NeighborWorks America.The nonprofit organization reports that 27% of U.S. adults say they plan to buy a home within the next yea
Read MoreCentury 21 expands in North Carolina with new rural affiliation

Century 21 Real Estate is expanding its footprint in northeastern North Carolina through the affiliation of Carolina Land and Home Realty — a full-service brokerage based in Ahoskie.The office will now operate as Century 21 Land and Home Realty.Broker-owner Clay Revelle, a native of Northampton Coun
Read MoreLeadingRE adds The Training Academy to preferred vendor program

Leading Real Estate Companies of the World (LeadingRE) has added The Training Academy LLC to its Solutions Group — a curated program of preferred business resources available to its global network of 550 real estate firms.The Training Academy, based in Florida and led by founder Dan Elzer, provides
Read MoreAfter departing First American, Kevin Wall lands CEO role at Title Resources Group

Title Resources Group (TRG) has named industry veteran Kevin Wall as its new CEO, effective July 28. Wall will also join the company’s board of directors.J. Scott McCall, the company’s current CEO, will transition to vice chairman of the board.Wall brings more than 30 years of experience in title in
Read MoreCornerstone Capital Bank and Tresidio Homes announce joint venture

Cornerstone Capital Bank and Tresidio Homes on Thursday announced the launch of Table Rock Mortgage, a joint venture mortgage brokerage.The new Idaho-licensed brokerage will provide mortgage services to local homebuyers “with goals of promoting affordability and streamlining the mortgage process for
Read MoreAre seniors getting reduced Social Security or a tax break?

Up to 2 million Americans could see their Social Security payments reduced by 50% in late July as the Social Security Administration (SSA) is cutting payments to recoup the billions of dollars it overpaid to some Americans in recent years.In April, the SSA announced that it would begin recovering ab
Read MoreNew York developers plan 75-key boutique hotel in Fort Lauderdale Beach

A New York City-based development team plans to build 42 Hotel, a 15-story, 75-key hotel in Fort Lauderdale Beach. The developers, who won site-plan approval for the boutique hotel development on Monday, expect to open 42 Hotel in 2027. The aim is to attract mostly leisure travelers, and charge them
Read MoreTrial for Alexanders’ alleged accomplice Ohad Fisherman starts next week

Real estate broker Ohad Fisherman’s trial is set to begin next week, after the judge overseeing the state’s sexual battery case against Fisherman and twin brothers Oren and Alon Alexander denied their motion to dismiss. Miami-Dade state prosecutors’ case against Fisherman hinges on the alleged rape
Read MoreAirlines face investors after strong— but cheaper — July 4 holiday

Major airlines pulled their 2025 forecasts earlier this year, blaming economic uncertainty.
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