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.
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South Florida’s wealthiest buyers have plenty of money. The problem is finding something to spend it on. The luxury residential market is being squeezed by a shortage of homes, with affluent buyers increasingly willing to pay premium prices, assemble adjacent properties and go off-market to find wh
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Former “The Real Housewives of Beverly Hills” cast member Diana Jenkins is looking to offload her $23 million Hidden Hills, CA, estate, with plans to leave the country for a new chapter abroad. “Diana spent the majority of the past couple of years in Europe caring for her father, the house was empty
Read More $50M bankruptcy sale in Miami’s Blue Lagoon falls apart as Caroline Weiss hospitalized

Jorge Ramos’ $50 million winning bid for a distressed Blue Lagoon development site owned by developer Caroline Weiss has run off the rails, and efforts to quickly secure a new buyer came up short this week. Two entities controlled by Weiss that own the 7-acre assemblage at 4865 Northwest Seventh Str
Read MoreAirlines waive change fees ahead of nor'easter as flight delays trickle in

Flight disruptions were minimal for Saturday as of Friday morning.
Read More‘We Buy Ugly Houses’ Fraudster Gets Prison in $40M Scheme To Rip Off Investors

The former owner of the Dallas franchise of "We Buy Ugly Homes" was sentenced more than 15 years in prison after pleading guilty to carrying out a multimillion-dollar real estate scheme that stole money from dozens of investors. From 2018 to 2024, Charles Carrier defrauded investors out of more than
Read MoreJohn Legend Helps 50 College Students Pay Rent as He Recalls His Own College ‘Hustle’

John Legend is drawing on his own experience struggling to cover housing costs in college to help students facing similar financial pressures today. The 47-year-old singer has teamed up with Bilt for the company's October Rent Day initiative, which will help pay housing costs for 50 students attendi
Read MoreEastwind, TMT pitch multifamily addition to Delray Beach office complex

Eastwind Development is seeking approval to add an eight-story residential building to an office complex in Delray Beach. The project, called the Easton at Atlantic, would include 352 apartment units and six three-story townhouses at the 16.3-acre Congress Park office complex at 160, 190 and 220 Con
Read MoreTexas A&M Fans Splash Out $1M+ To Buy Tailgating Suites in Private Complex

Texas A&M football fanatics can now buy their own luxury suites designed specifically for game day, priced as high as $1.23 million and offering a personalized tailgating experience. Gameday Suites Aggieland, a development of 50 private suites under construction, currently has two offerings: two-lev
Read MoreProposal seeks to standardize MSR accounting for recapture values

Analysts say the change should boost transparency but is unlikely to move MSR carrying values
Read MoreWhat Spirit Halloween Opening in Your Neighborhood Means for Property Values

The arrival of fall also means the arrival, in many places, of a Spirit Halloween store. The pop-up retailer that specializes in costumes, decorations, and party supplies for spooky season is almost ubiquitous during September and October, with over 1,500 seasonal locations in shopping centers and
Read MoreNYC’s Iconic Ghostbusters Building Has an $8.9 Million Residence for Sale

A sprawling 4,400-square-foot home with direct views of Central Park has opened up in the prewar co-op pop culture mavens will recognize from the 1984 film, “Ghostbusters.” In the film—which stars Bill Murray, Dan Akyroyd, Sigourney Weaver, and Harold Ramis—the 19-floor building is named “Spook Cent
Read MoreFour Play: Jeep Grand Cherokee L Summit

The Jeep Grand Cherokee L Summit. Photo by Howard Walker Who didn’t love that 1989 science fiction romp Honey, I Shrunk the Kids? Fast forward to 2026 and Jeep could make an equally-hilarious movie they could call “Honey, I Shrunk the Engine.” If you’re a Jeep lover, you might have heard that for 20
Read MoreGateless Smart Underwrite earns AZP Platinum AI certification

AZP cited 230,000 loans with no reported claims and a framework focused on governance and auditability
Read MoreMortgage Calculator: Here’s How Much You Need To Buy a $430K Home at a 7.03% Rate

Mortgage rates climbed to a 20-month high this week as the average rate on a 30-year fixed home loan jumped 8 basis points to 7.03% for the week ending Sept. 24, moving up from 6.95% the previous week to reach its highest level since January 2025, according to Freddie Mac. Driven upward by spiking i
Read MoreExperian integrates Verify with Workday for income verification

Experian says its Verify network has a path to cover more than 80 million payroll records across the U.S.
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Jenny McCarthy and Donnie Wahlberg are moving on from their longtime Illinois residence, listing the sprawling St. Charles property for $2.799 million. The singer, 57, and the actress, 53, have owned the residence for more than a decade, having purchased it for $1.1 million in 2015. Built in 1996, t
Read More New Jersey looks to remove home interior photos upon buyer request

Failure to comply carries real consequences for licensees
Read MoreHow mortgage brokers can tap into underserved VA markets

At AIME Fuse, VA lending experts addressed product misconceptions, targeted borrower outreach strategies and a creative renovation solution
Read MoreHousing Innovators Converge on Washington, DC, To Showcase Cutting-Edge Building Methods

Homebuilders will be the first to admit it's very difficult time for the business. But they're also hopeful that the nation's housing crisis will spur new ideas and solutions to bring costs down. This week, at the Innovative Housing Showcase on the National Mall in Washington, DC, builders touted th
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Viewers of “The Real Housewives of New York City” have come to expect lavish homes from the cast members who have opened their doors to reality television camera crews, but new addition Daisy Toye is standing firm in her belief that in the right conditions, a humble apartment can be quite the asset.
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