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.
California Homeowners Are Sitting on $627K in Equity—but It’s Worth Far More if They Leave

The typical California homeowner with a mortgage now has $626,900 in home equity, according to new data. That's roughly twice the national average of $310,500—and enough to purchase the median-priced home outright in 48 states. There’s just one catch: That wealth goes further almost anywhere but Cal
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NFL legend Myles Garrett has put his Ohio home on the market for $2.1 million, just a few weeks after it was revealed that he had been traded from the Cleveland Browns to the Los Angeles Rams in what was described as a "landscape-altering" move. The 30-year-old purchased his Cleveland-area home for
Read More Vacation Rentals in World Cup Host Cities Raked in Staggering $1.3 Billion From Visiting Fans

The 2026 FIFA World Cup attracted new fans to the sport and generated more than a billion dollars in revenue for vacation rental hosts in host cities, though some cities saw greater windfalls than others. Short-term rentals on Airbnb and other platforms in host cities generated $1.33 billion in reve
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Nearly 1 in 4 homes in America faces climate risk as wind, floods, and wildfires take their toll, according to new Realtor.com® analysis. In total, $11.2 trillion in residential real estate is exposed to at least one type of severe or extreme weather disaster risk, including storms and wildfires. An
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Rapper Snow Tha Product is an independent artist who has achieved mainstream success collaborating on blockbuster soundtracks like “The Hamilton Mixtape” and “Black Panther: Wakanda Forever”—but instead of being entrenched in Los Angeles like so many other musicians, she’s able to run her entire mus
Read More The silence after the breach is the part you control

A ransomware group posts a lender’s name on a dark web leak site. Terabytes of loan files, Social Security numbers, bank account details, employee records. The clock the public sees starts there. The clock that matters started weeks or months earlier, the day the intrusion was detected. And in the
Read MoreNon-agency is not subprime. The mortgage industry needs to start acting like it.

In the mortgage industry, no word carries more stigma than subprime. For anyone who lived through 2008, it brings up memories of falling home values, rising foreclosures and a financial system that nearly came apart at the seams. Pinning that same reputation on non-QM lending is a mistake the indust
Read MoreExecution is the edge mortgage banks can control

When rates surged and the mortgage market shifted almost overnight, lenders were forced into difficult decisions. Growth plans changed. Costs were reassessed. Teams had to adapt quickly to a different operating reality. At Atlantic Bay Mortgage Group, that moment reinforced a simple truth: While mar
Read MoreHistoric cottage near Citadel’s Brickell HQ to move to Coconut Grove

The 121-year-old cottage near Ken Griffin’s future Citadel headquarters in Brickell is getting a new home. Dade Heritage Trust, the nonprofit that leases the cottage on the City of Miami-owned land at 190 Southeast 12th Terrace, will be moving its headquarters to Coconut Grove, executive director Ch
Read MoreSouthwest Airlines' third-quarter forecast falls short as fuel bill climbs

Southwest Airlines reported a more than 9% increase in second-quarter profit as higher fares are increasingly helping the airline cover its fuel tab.
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A luxurious Vermont mansion that features a climate-controlled underground tunnel, reinforced concrete vault, and a host of over-the-top amenities has been put on the auction block—with no minimum bid and no reserve. That means that the homeowners, Adam and Sarah Hergenrother, are handing over the
Read More Summermaxxing: Wealth boom brings heat to South Florida with pricey off-season sales

Last week, top broker Joel Lusky brokered two deal deals in North Miami on the same day totaling $36.5 million in combined dollar volume. Both home sales set records for their respective neighborhoods. The sales, in the dead of summer, speak to the steady stream of luxury and ultra-luxury deals clo
Read MoreHouse subcommittee probes Compass MRED private listing network deal

A House Judiciary subcommittee is pressing Compass International Holdings and Midwest Real Estate Data (MRED) to explain their nationwide private listing network partnership, citing concerns that the arrangement could limit transparency, reduce competition and harm homebuyers and sellers. The House
Read MoreRivani’s $50M Miami Beach office expansion with Playboy HQ heads to voters

The fate of Robert Rivani‘s proposed $50 million rooftop expansion and 106-year lease extension for the Miami Beach office building that will house Playboy’s headquarters is in the hands of Miami Beach voters. Miami Beach commissioners approved the measure for The Rivani office building at 1691 Mich
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Actress Angelina Jolie's lingering ties to ex-husband Brad Pitt have officially been severed after their youngest children, twins Vivienne and Knox, turned 18—bringing the former couple's custody agreement to an end. It marks a significant milestone not just for the teenagers, but for their mother,
Read More Pulte banks on build-to-order pivot as margins find a floor

The market-driven forces for greater homebuilder margins, sales pace and efficiency in 2026 take a variety of shapes, sizes, risks and opportunistic tactics. For PulteGroup, a key margin-enhancing strategy is leveraging improved build-cycles and a balanced sales pace to swell its mix of build-to-ord
Read MoreHouse passes bill to ease banking regulations

The U.S. House of Representatives on Tuesday passed legislation that would make a series of changes to federal banking regulations, including easing certain capital, supervisory and merger requirements for community banks and other smaller financial institutions. The bill is sponsored by House Commi
Read MoreAlonzo Mourning, HTG net $55M financing package for affordable housing

NBA hall-of-famer Alonzo Mourning and Housing Trust Group scored a $55.4 million financing package for a Naranja affordable housing complex. The deal comes as the duo has racked up financing in recent years for below-market rate rentals in Miami-Dade County. Mourning, through his AM Affordable Hous
Read MoreNAR Q2 strategic plan update targets MLS rules, lawsuits, training

The National Association of Realtors (NAR) released its second-quarter update on the 2026-2028 strategic plan on Wednesday outlining progress on lobbying, legal strategy, MLS guidance, technology and education designed to protect member businesses and reinforce the value of membership. NAR CEO Nykia
Read MoreMichigan’s Whitmer steps up, signs single-stair reform into law

Gov. Gretchen Whitmer took a big step toward clearing the path for developers to build smaller apartment buildings more affordably. Whitmer signed Michigan’s single-stair legislation into law this week, a green light for developers to build multifamily housing up to six stories more economically, wi
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