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 proposes 57 townhouses in West Kendall

A developer proposes 57 townhouses in West Kendall, amid a flurry of applications for projects on sites in suburban Miami-Dade County. The West Kendall Townhomes project is proposed for the 4.6-acre site on the northeast corner of Southwest 88th Street and Southwest 167th Avenue in unincorporated M
Read MoreSummer travel demand is soaring — but European airlines are short on planes

A persistent global jet shortage means airlines are bracing for an uphill battle over what is typically the peak travel season.
Read MoreBroward weekly condo sales hit $41M

Broward County’s condo sales and dollar volume rose last week, led by a Hallandale Beach closing. Brokers closed 131 condo sales totaling $41.4 million from May 11 to May 18. The previous week, brokers closed 115 condo sales totaling $37.5 million. Last week’s units sold for an average of $316,079,
Read MoreUpdated list of all Trump’s actions that impact housing

Below is a timeline of the actions the Trump administration or Congressional Republicans have taken that impact housing since President Trump took office on Jan. 20, 2025, along with additional coverage of those topics. Opinions on Trump administration actionsCFPBTrump fires CFPB Director Rohit Chop
Read MoreAppraisal Institute fires executive accused of sexual misconduct

The Appraisal Institute (AI) executive facing multiple allegations of sexual misconduct is no longer serving in his position.AI president Paula Konikoff announced on the trade group’s LinkedIn page Wednesday evening that Craig Steinley has been removed as AI’s vice president, stating that its board
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Two days after Federal Housing Finance Agency (FHFA) Director Bill Pulte said any decision over Fannie Mae and Freddie Mac exiting government conservatorship would be up to President Trump and Trump alone, the president has weighed in. In a message posted on Truth Social Wednesday night, Trump said
Read More Where land-use regulations are driving up housing costs
President Donald Trump has made deregulation a policy pillar for his second term — and housing regulations are up for review.Homebuilders say that federal rules have driven up the cost of building a home. Many mortgage professionals want to release Fannie Mae and Freddie Mac from conservatorship. An
Read MoreTop Arizona real estate team with 53 agents joins eXp

Arizona real estate leader Scott Kumler and his team — The Kumler Group — have joined eXp Realty, leaving My Home Group after a high-performing 2024. The 53-member Phoenix Valley team closed more than $80 million in sales across 192 transactions last year, ranking among the top five teams at their f
Read MoreReverse mortgage veteran Dino Guadagnino joins Guaranteed Rate Affinity as regional VP

Guaranteed Rate Affinity (GRA) announced this week that it has appointed longtime reverse mortgage industry professional Dino Guadagnino to serve as regional vice president of reverse mortgages. His arrival comes as GRA focuses on “strengthening its commitment” to the space and to “the senior borrow
Read MoreTravis Kelce is renting a house in Boca Raton’s most expensive neighborhood

Kansas City Chiefs tight end Travis Kelce is renting a mansion in Boca Raton’s most expensive neighborhood for off-season training. Kelce was seen moving into the home in Royal Palm Yacht & Country Club, the Daily Mail first reported. The community is a 15-minute drive to Johnny O’s Gym, the Boca Ra
Read MoreFraud, mismanagement led to millions in losses for Houston Housing Authority

As issues continue to persist across the country for local housing authorities, the situation in Houston has led to an investigation by prominent local media outlets and a commissioned report by outside legal counsel. The probe found that mismanagement of contractors and the submission of fraudulent
Read MoreBoston Scientific CEO drops $17M on Lost Tree Village house

Longtime Boston Scientific Chairman and CEO Michael Mahoney dropped $17.3 million on a waterfront house in North Palm Beach’s gated Lost Tree Village community. Records show Mahoney’s Blue Sky Trust bought the house at 11279 Old Harbour Road from Edith Dixon Miller. The deed identifies Mahoney as th
Read MoreFortec launches $100M fund to build early education centers across US

Fortec is looking to raise a $100 million fund to partially finance development of $300 million worth of new early education centers across the nation. The Miami-based schools developer, led by Chairman Pablo Barreiro and CEO Martin Saldon, plans to develop up to 60 early education centers, each one
Read MoreColorado’s surging median age is attributed to aging in place

In an ongoing series of stories focused on the dynamics of Colorado’s aging population, the Colorado Sun previously detailed some of the ways that the state is confronting the “silver tsunami” of people growing older while needing sufficient services to accommodate their needs.While the state may no
Read MoreExtreme weather and high insurance costs pose foreclosure risk

The rising cost of homeowners’ insurance coupled with the rising regularity of weather-related natural disasters is serving to erode the longstanding barrier between mortgage lenders and loan losses, according to a new report published by First Street. As the frequency of disasters has risen — desta
Read MoreRural America isn’t immune to housing squeeze

Rural areas of the U.S. that have long been viewed as a refuge for affordable homeownership are now grappling with rising prices, limited inventory and increasing competition — pressures once thought unique to urban housing markets.“Even the term ‘affordable’ feels like a relic of the past,” said Ja
Read MoreScrap metal mogul sells Sunny Isles penthouse for $29M after price cut

Scrap metal mogul Adam Weitsman sold his oceanfront penthouse in Sunny Isles Beach for $28.6 million, roughly $10 million off the original asking price. Weitsman sold unit 5603 at Jade Signature, at 16901 Collins Avenue, to a land trust that obscures the true owner of the property, records show. We
Read MoreProducer of “Predator” and “Dr. Doolittle” buys $16M Fisher Island condo

John Davis, a prolific film producer in Hollywood, dropped $16.2 million on a Fisher Island condo. Records show Davis and his wife, Jordan Davis, bought unit 7012 at 7012 Fisher Island Drive from hedge fund manager Hal Mintz and his wife, Allison Mintz. Dora Puig with Luxe Living Realty had the li
Read MorePortman proposes 397-unit apartment project in Pompano Beach

Portman Holdings proposes a 397-unit apartment project in Pompano Beach that would replace an existing office building. The application comes as developers increasingly are replacing aging office buildings with new projects. Atlanta-based Portman wants to build the apartments on a 3.2-acre site at
Read MorePalm Beach County weekly condo sales surge to $103M, fueled by Alina Residences

Palm Beach County’s condo sales and dollar volume surged last week, fueled by closings at Alina Residences in Boca Raton. Brokers closed 127 condo sales totaling $102.9 million from May 11 to May 18. The previous week, brokers closed 97 condo sales totaling $69.6 million. Last week’s units sold for
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