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.
New listings slump. Have home sellers already called it quits?
One of the most encouraging data points for 2025 so far is that new listings have finally emerged from a two-year slump, exceeding 80,000 per week during the seasonal peak period. The question is: Have we already seen the highest new listings print for the year? We are currently in the seasonal peri
Read MoreWhy it's getting even harder to get into airport lounges now

Capital One was the latest company to issue new restrictions on getting into airport lounges.
Read MoreAI assistant Shilo closes $2.6 million seed funding round

Shilo.ai is going to have an easier time with product development thanks to a $2.6 million seed funding round. The AI assistant firm announced the funding round on Friday. The round was led by AZ-VC, Arizona’s largest venture capital fund, which was founded by Jack Selby, the managing director of Th
Read MoreTech Pulse: Compass touts AI platform, Prudent AI launches non-QM tool

Welcome back to Tech Pulse — a new weekly series rounding up the latest in technology, including tools, integrations and trends impacting mortgage and real estate.Here’s what happened this week:Robert Reffkin touts Compass’s AI platform, agent advocacy effortsCompass is preparing to launch a new AI
Read MoreEdgardo Defortuna’s Fortune drops $38M for Gables Waterway dev site

Edgardo Defortuna’s Fortune International Group paid $37.5 million for a Coral Gables redevelopment site where the firm is planning a $150 million branded condominium with 251 units. An affiliate of Miami-based Fortune acquired Gables Waterway, a 4.8-acre multifamily and office complex at 6100 Cabal
Read MoreCentury 21 expands with affiliation on Oregon coast

Century 21 Real Estate has added Shorepine Properties in Pacific City, Oregon, to its network — strengthening the brand’s presence in the state’s Central Coast region.Broker/owner Becky Kirkendall has led Shorepine Properties since purchasing the full-service brokerage in 2017. A former hospitality
Read MoreNew California wildfire homeowner assistance program includes reverse mortgages

As communities and organizations continue to reckon with the impact of the Los Angeles-area wildfires, the state is now stepping in with a new assistance program that will include impacted reverse mortgage borrowers whose homes were damaged or lost.California Gov. Gavin Newsom (D) on Thursday announ
Read MoreFormer Douglas Elliman agent withdraws lawsuit that sought unpaid commissions

A former Douglas Elliman agent has withdrawn a lawsuit that sought to recoup $1.6 million in clawbacks from deals that closed after she left the brokerage.New York and Miami agent Holly Parker claimed she’s owed commissions on deals that were pending following her exit from Douglas Elliman. In the w
Read MoreAmancio Ortega’s Ponte Gadea buys 259-unit Fort Lauderdale apartment tower for $165M

Spanish billionaire Amancio Ortega’s Ponte Gadea bought a 259-unit apartment tower in downtown Fort Lauderdale for $165 million, marking one of South Florida’s biggest multifamily sales so far this year. The Pérez’s family’s Related Group sold the 44-story Veneto Las Olas at 201 South Federal Highw
Read MoreIn California, a local senior advocacy group continues under shadow of federal cuts

Since January, federal funding cuts have struck far and wide across a number of local, state and federal programs that tackle a variety of issues. And while the local “Choice in Aging” program in Contra Costa County, California, would be directly impacted if cuts happen, that’s not stopping people t
Read MoreWonder Woman’s Lynda Carter sells Surf Club Four Seasons condo for $20M

Lynda Carter, best known for portraying Wonder Woman, sold her condo at Four Seasons Residences at the Surf Club for $19.5 million. Records show Carter, whose full name is Lynda Carter Altman, sold unit S-903 at 9001 Collins Avenue in Surfside to Real Wow LLC, a Delaware entity. The true buyer is un
Read MoreWhy 3,700 top teams call Keller Williams home

While the nation’s top real estate teams are found at a variety of brokerages, one brand dominated the 2025 RealTrends Verified Rankings. With more than 3,700 teams in this year’s RealTrends rankings, Keller Williams leads all other firms by a wide margin. Leaders of top teams at Keller Williams bel
Read MoreSenators call on Pulte to pause GSE privatization plans

A group of 14 Democratic senators, led by Elizabeth Warren (Mass.) and Minority Leader Chuck Schumer (N.Y.), have called on Federal Housing Finance Agency (FHFA) Director Bill Pulte to pause any potential plans to release government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from conser
Read MoreHUD plans new time limits, work requirements for rental aid: report

The leaders seated earlier this year in the U.S. Department of Housing and Urban Development (HUD) are reportedly planning new time limits and work requirements for recipients of the department’s existing rental assistance programs, according to an internal document viewed by NPR.The document report
Read MoreWhy Friday’s jobs report won’t compel Powell to cut rates
Will Friday’s jobs report compel Federal Reserve Chairman Jerome Powell to cut rates by 1%, as President Trump suggested on social media today? The answer is no. While the labor market is showing signs of cooling and there are some indications of stress in certain sectors of the economy, today’s rep
Read MoreClose to home: Trump admin renting three Palm Beach houses in Mar-a-Lago Security Zone

The Trump administration is leasing three Palm Beach homes near the president’s Mar-a-Lago Club, and the rates are some of the highest price-per-square-foot rents on the federal government’s books. The annual rent for the three homes totals $3.3 million, Bloomberg reported. Each of the homes is with
Read MoreKastelo, 4TRO launch sales for Delray Beach townhome project

Partners Kastelo Development and 4TRO Development are launching sales for a Delray Beach townhome project, The Real Deal has learned. Casa Avenida at 102 Southeast Fifth Avenue will have eight four-story townhouses, according to a press release. Kastelo, led by founder Jerad Graham, and 4TRO, led by
Read MoreWhere a Michelin-starred Japanese chef eats, drinks and shops in Tokyo

Shingo Akikuni is best known as the chef at Shingo, a one-Michelin-starred Japanese restaurant in Miami. Here's how he spends his time when visiting Tokyo.
Read MoreRelated, Merrimac score $160M loan for Waldorf Astoria Residences Pompano Beach

The Pérez family’s Related Group and the Motwanis’ Merrimac Ventures secured a $160 million construction loan for their Waldorf Astoria Residences Pompano Beach condo development, The Real Deal has learned. Miami-based Related and Fort Lauderdale-based Merrimac received the financing from Bank OZK,
Read MoreHomeowner fires legal torpedo at Barrington Brothers’ latest El Portal project

An El Portal homeowner is seeking to overturn the controversial approval of Barrington Brothers’ next multifamily project in the village. Jerilyn Kobrick sued El Portal and an affiliate of Miami-based Barrington, led by Arthur and Ken Barrington, that owns the 1-acre development site fronting Little
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