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.
Lease roundup: Sweat440, Warby Parker on tap at Nora District, law firm Littler moving Miami office

Sweat440, Warby Parker | West Palm Beach Group fitness gym Sweat440 and eyeglasses store Warby Parker are among tenants on tap at the Nora District in downtown West Palm Beach. Sweat440, known for its strength and high-intensity interval training classes that start every 10 minutes, leased 2,900
Read MoreMovers & Shakers: Colliers hires condo capital improvements exec

In the latest roundup of South Florida hiring news, Colliers makes a key hire in response to Florida’s growing condo crisis. The firm tapped Vanessa Da Rocha as director of its Southeast Project Management and Development Services team, according to a release. In this role, Da Rocha will head Colli
Read MoreRobins family dynasty fractured by dispute over patriarch’s assets

The Robins name resonates through Miami Beach like an emergency siren when a hurricane makes landfall — clear, insistent, impossible to ignore. For decades, Gerald “Jerry” Robins, the patriarch, helped shape the city’s skyline; his business acumen matched only by the devotion he showed to his family
Read MorePrivate credit takes center stage in South Florida real estate

Developer Asi Cymbal was looking for a real estate loan at a bad time. After finishing a 341-unit apartment complex in Miami Gardens in the spring of 2024, he needed to pay off its $102.5 million construction debt and bolster the project’s cash reserves. But with the impending presidential electio
Read MoreInside Russell Galbut’s plan to sell floating luxury condos

For centuries, real estate was tangible, actual, genuine land to inhabit and build on and buy and sell. Developers found ways to trade swampland, coastline and air rights and to market the ground separately from the building above. Bankers financialized real property into abstract products; start-up
Read MoreSafer to stay home? European firms rethink travel policy over U.S. border control concerns

"These are the sorts of things I think about when I travel to, say, China or Azerbaijan," the head of a British NGO said.
Read MoreMortgage rates unfazed by crazy economic headlines
In one of the most chaotic weeks for economic headlines of the year, mortgage rates remained relatively stable, which is a stark contrast to the madness caused by the Godzilla tariffs a few weeks ago. Can this stability last? Despite elevated rates, having fewer wild fluctuations on a day-to-day bas
Read MoreTravelers are taking ‘a more frugal approach’ to summer vacations this year, expert says

More people plan to take a leisure vacation this summer. But some have pulled back on their budgets.
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A firefighter and his pregnant wife were unable to buy a two-bedroom home in the neighborhood where they grew up; two teachers had dashed dreams of owning their bungalow near the school where they work. These are just two examples of the heartbreaking scenarios you hear about in the real estate busi
Read More Updated list of Bill Pulte’s actions that impact FHFA, GSEs

Below is a timeline of the actions or reports related to Federal Housing Finance Agency (FHFA) Director Bill Pulte that have impacted the regulator or the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac since Pulte was announced as President Donald Trump’s nominee for the role in
Read MoreMISMO reverse mortgage workgroup chair on ‘building a bridge to the mainland’

The dedicated reverse mortgage development workgroup inside the Mortgage Industry Standards Maintenance Organization (MISMO) has been working diligently for much of the past year to develop holistic support for reverse programs across new and existing MISMO subscribers. It’s also working to publish
Read MoreNAHB: Remodeling for aging in place fell in Q1 but receptivity remains high

Roughly 56% of professional home remodelers in the U.S. reported taking on projects to facilitate a customer’s aging-in-place goals, according to findings from the National Association of Home Builders‘ (NAHB) Q1 2025 Remodeling Market Index (RMI).The survey first added questions related to aging in
Read MoreTech Pulse: Fannie Mae targets fraud, DirectOffer launches AI assistant

Welcome 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:Fannie Mae partners with Palantir to detect, prevent mortgage fraudFannie Mae has teamed up with Palantir Tech
Read MoreLivWrk proposes 1,363-unit Live Local Act complex with three towers in Wynwood

LivWrk wants to build a 1,363-unit Live Local Act project in Wynwood, as developers continue to supersize their proposed projects under the state’s affordable and workforce housing law. The Brooklyn-based firm wants to develop three 45-story towers with 23,200 square feet of retail and 912 parking
Read MoreStudy suggests banks are avoiding mortgages in California wildfire zones

Following the wildfires that devastated the Los Angeles area at the start of the year, a new study has emerged that suggests banks with physical locations are less likely to extend mortgages to impacted residents, while online lenders are continuing to be active.First reported by the The Washington
Read MoreGreystar picks up Coconut Creek industrial dev site for $31M

Greystar is jumping into Broward County’s industrial submarket after paying $30.5 million for a Coconut Creek development site. An affiliate of Charleston, South Carolina-based Greystar, led by CEO Bob Faith, acquired roughly 36 acres on the corner of Lyons Road and Atlantic Boulevard, records and
Read MoreInflation is almost at 2%. Will that prompt a Fed rate cut?
The good news is the preferred measure of inflation for the Federal Reserve keeps trending downward. The bad news is that the economic backdrop that could lead to lower rates keeps getting more complicated.According to new data from the U.S. Bureau of Economic Analysis (BEA), the Personal Consumptio
Read MoreNew platform aims to ease California down payment burden

Zown, a real estate platform that offers upfront financial help to homebuyers, is expanding into California with a goal to ease the burden of down payments and elevated home prices.The service has launched in the Golden State after gaining traction in Canada, where it supported more than 250 homebuy
Read MoreSun Belt holds long-term housing edge even as pandemic boomtowns struggle

The U.S. housing market is telling two very different stories as pandemic-era boomtowns are cooling rapidly while the Sun Belt’s long-term growth outlook remains strong, according to John Burns Research & Consulting.A surge in available homes is reshaping the market in regions that saw the fastest g
Read MoreKeystone plans 212-unit office-to-resi conversion near Dadeland Mall

Keystone Development + Investment is planning to create 212 apartments in Kendall through office-to-residential conversions, a rare adaptation in South Florida. Across the Northeast, developers have jumped on retrofitting office buildings into apartments, partly due to the growth of hybrid work. It
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