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.
Redfin, Thumbtack partner to connect homeowners with improvement pros

Redfin has launched a new feature in partnership with home services provider Thumbtack to help homeowners find and hire professionals for home improvement and maintenance projects.By claiming their property on Redfin and visiting the Owner Dashboard, homeowners can now access a range of services — i
Read MoreALTA promotes trio to bolster advocacy efforts

The American Land Title Association (ALTA) has announced three internal promotions as part of a broader effort to strengthen leadership and advocacy across the title insurance industry.Elizabeth BlosserElizabeth Blosser has been named as chief strategy, communications and innovation officer. She for
Read MoreNorth Carolina real estate office reopens after Hurricane Helene devastation

Premier Sotheby’s International Realty has reopened its office in Asheville, North Carolina, marking a significant milestone in the region’s recovery from Hurricane Helene.The real estate agency, which was severely damaged in the storm, underwent extensive restoration over the past nine months. Its
Read MoreThe importance of meeting older customers where they are with AI technology

The expanding ubiquity of artificial intelligence (AI) across all facets of life is not showing any signs of a slowdown — and that includes its interactions with the reverse mortgage industry. Bill Packer, chief operating officer of Longbridge Financial, previously explained how senior-focused tailo
Read MoreWithout VASP, veterans don’t have a foreclosure safety net

There are about 80,000 veterans in the U.S. who are behind on their mortgages and heading toward foreclosure, according to data from ICE Mortgage Technology, a number that could have been alleviated with help from the Veteran Affairs Servicing Purchase (VASP) program.But just last month, the program
Read MoreNetflix-featured real estate agent killed in hit-and-run

A New York real estate agent known for her appearance on Netflix’s “Million Dollar Beach House” was killed in a hit-and-run Thursday afternoon in the Hamptons, according to local reports.Sara Burack, 40, was found unconscious on a Hampton Bays road on Thursday afternoon. Authorities said she was pro
Read MoreTop agents on how they built successful revenue share downlines

Real estate brokerages with revenue share models provide agents with a way to generate income beyond closing transactions with their own clients. But when it comes to creating a robust revenue-share downline, agents at two revenue share brokerages — eXp Realty and The Real Brokerage — say there is n
Read MoreRedfin data reinforces boomers’ desires to remain in their homes

Adding fuel to what the baby boomer generation has been consistently saying for some time, a new Redfin survey shows that one-third of all boomer homeowners have no intention of selling their home. This further legitimizes claims that a “silver tsunami” of housing inventory is unlikely to materializ
Read MoreSunset Harbour’s Office Depot site trades for $29M

The Office Depot site in Miami Beach’s Sunset Harbour traded for $28.5 million, The Real Deal has learned. EOS Wellness Real Estate Miami LLC bought the 19,700-square-foot retail building on the 0.6-acre site at 1771 West Avenue, according to a source. Records show the seller is The George Jay II L
Read MoreNew development firm plans pair of Ojus condo projects for first build

Newly formed real estate firm GrowIn Group proposes a pair of 32-unit condo buildings in Ojus, marking its first ground-up development projects. GrowIn –– founded by Jorge Saivay, owner of Miami Gardens-based general contractor Saivay Construction, and industrial engineer Luis Ochoa –– proposes the
Read MoreSouth Florida by the numbers: Florida Panthers and their properties

“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. They did it again! The Florida Panthers are the 2025 Stanley Cup Champions, after winning their first title in thrilling fashion last year. This year was an even more domina
Read More“Not a license to lie”: Developer seeks punitive damages from Winn-Dixie’s parent

Winn-Dixie parent Southeastern Grocers allegedly misled an Aventura-based developer into starting construction of a new store the company had no intention of occupying, court records show. On Monday, Miami-Dade Circuit Court Judge Abby Cinnamon ruled that an affiliate of TCII Capital Group can amend
Read MoreOren Alexander sells his waterfront Sunset Islands mansion for $52M

Oren Alexander and his wife sold their waterfront Miami Beach mansion for $51.5 million, as the disgraced broker sits in jail awaiting trial for federal sex trafficking charges. Alexander and Kamila Hansen Alexander sold the nearly 10,000-square-foot home at 2135 Lake Avenue to a trust named after
Read MorePompano Beach closing tops Broward weekly condo sales

Broward County’s condo sales and dollar volume dropped in the second week of June. Brokers closed 99 condo sales totaling $30.3 million from June 6 to June 14. The previous week, brokers closed 105 condo sales totaling $35.3 million. Last week’s units sold for an average of $306,049, lower than
Read MoreFHFA Director Bill Pulte calls on Fed Chair Powell to resign
FHFA Director Bill Pulte called for Federal Reserve Chairman Jerome Powell to resign today, shortly after President Trump urged Powell to cut the Fed funds rate by 2.5% in a social post.This follows the Federal Reserve’s decision yesterday to keep the Fed Funds rate unchanged. Although Powell pointe
Read MoreTrump wants Powell to lower rates. Here’s how to do that
Today, President Trump called Fed Chairman Jerome Powell “Too Late” in a social post and said that he can save the country billions of dollars by shaving 2.5% off the Fed Funds rate. This is part of an ongoing Trump attack on the Fed Chair to cut rates, but is this strategy the best way to do it?As
Read MoreHome flipping activity slows nationwide as profits tighten

The U.S. home flipping market showed signs of strain in the first quarter of 2025 as the number of flipped properties dropped to a six-year low and profit margins continued to erode, according to ATTOM’s Q1 2025 U.S. Home Flipping Report.A total of 67,394 single-family homes and condominiums were fl
Read MoreKadima launches $70M Hallandale Beach mixed-use condo project

Kadima Developers is launching a $70 million mixed-use condo project in Hallandale Beach, marking the latest addition to the city’s residential development pipeline. Kadima’s Seven Park is planned for 218-220 Southeast 7th Street and will span eight stories with 121 condos, according to a press rele
Read More15 commission lawsuit settlements are up for final approval next week

Commission lawsuit settlement agreements from 15 real estate industry players, including major names like Keyes Co./Illustrated Properties, Side, JPAR, NextHome and Baird & Warner will be up for final approval on Tuesday, June 24.The fifteen settling defendants, which come from the Gibson and Keel s
Read More‘Feelings-based recession’: More Americans fearful of finances despite economic data

A rising tide of financial pessimism is washing over U.S. consumers, driven by concerns about inflation, global instability and a lack of economic clarity. At the same time, a solid majority of Americans remain optimistic about their financial future, according to TransUnion’s Consumer Pulse Study f
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