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 condo defect liability bill on deck after recess

Coming out of summer recess, California lawmakers will tackle condominium construction defect legislation that has cleared committees and passed one chamber. Assembly Bill 1903 is one of two condo bills introduced this year by state lawmakers. It would change condo construction defect liability rule
Read MoreHow ROAD aims to boost housing supply and cut red tape

The 21st Century ROAD to Housing Act, which went into effect on July 11, includes a host of pro-housing provisions aimed at making housing easier to build and cutting red tape. The nearly 400-page bill contains provisions aimed at streamlining federal reviews, supporting factory-built housing, expa
Read MoreFed Officials Signal Inflation Crackdown Ahead of Next Interest Rate Meeting

In public appearances this week, a number of top Federal Reserve officials signaled a strict crackdown on sticky inflation, setting a hawkish tone ahead of the next policy meeting later this month. Fed Chairman Kevin Warsh made his first Congressional appearance in the new role on Tuesday, telling l
Read MoreMost retirement savers want an ‘easy button’ for planning

J.P. Morgan Asset Management has released its 2026 Defined Contribution (DC) Plan Participant Survey, finding that retirement plan participants — particularly younger workers — increasingly expect employers to provide more guidance and support as they plan for retirement. The biennial survey examine
Read MoreWhat the ROAD to Housing Act can — and can’t — do for affordability

The 21st Century ROAD to Housing Act is now law, marking what many in the housing industry consider the most significant federal housing legislation in more than three decades. The bipartisan measure aims to increase housing supply by reducing regulatory barriers, streamlining permitting, modernizin
Read MoreFAA lets Boeing sign off on 737 Max, 787 airworthiness certificates again

The move is a vote of confidence in Boeing from the U.S. government.
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Hollywood actress Elisha Cuthbert has officially sold her lavish Los Angeles home for $1.93 million, days after the property was put back on the market with a significant discount. Cuthbert, 43, who is originally from Canada, has made multiple attempts to offload the property in recent years, initia
Read More Corn Prices Are Falling—but the Land Beneath It Keeps Getting More Valuable

Corn farmers are heading into another difficult year—one that could well tip the industry into unsustainable territory thanks to a dangerous combination of soaring land costs and plummeting crop prices. The global benchmark price for corn fell from about $349 per metric ton in April 2022 to $196 in
Read MoreHOA Tries to Evict 28-Year-Old TikToker From 55-Plus Community—Which Side Is in the Wrong?

A legal battle over residency rights in a Jacksonville, FL, 55-plus community has intensified after homeowners' association members voted to pursue the eviction of a 28-year-old woman who inherited her late father’s home. Her dispute with the Freedom at Arbor Mill community has thrust TikTok influen
Read MoreNewrez servicing arm sued in New Jersey over alleged RESPA violations

A New Jersey homeowner has filed a lawsuit against Newrez LLC, dba Shellpoint Mortgage Servicing, alleging the company engaged in years of unfair mortgage servicing practices that deprived her of a meaningful opportunity to avoid foreclosure. The complaint, filed in the Superior Court of New Jersey,
Read MoreThe New Hacks Homeowners Are Using To Find Affordable Lawn Care as More Teens Opt Out of Yard Chore

If you look around your neighborhood, the chances of seeing a kid on a lawn mower these days are rare. These days, many teens are choosing digital side hustles or online gig work over physical labor. Since professional lawn care can run you between $100 and $500 or more per month, this shift may lea
Read MoreMiami design board swoons over OKO Lilli, 13th Floor’s Nobu condo towers

Vlad Doronin’s second condo tower in Edgewater and 13th Floor Investments’ proposal for a Nobu-branded residential building next to a historic Brickell church are advancing. The Miami Urban Development Review Board voted in favor of both developments on Wednesday, with most board members gushing ov
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A retired New York lawyer who bought a $5.5 million Cape Cod mansion that was teetering on the verge of falling into the ocean claims he shouldn’t have to pay off his mortgage because he was “manic” when he bought it. John G. Bonomi Jr, 66, purchased the 5,817-square-foot dwelling situated between C
Read More Why Aaron Kirman is betting on AI, crypto and new development

According to Aaron Kirman, much of his success in the real estate industry first as a solo agent, then as a team leader and now as a brokerage CEO, has come from keeping his finger on the pulse of the industry and taking a critical approach to his business. “Life is always an evolution and you don’
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The first new condo development that Malibu has seen in two decades has officially opened its doors—revealing a veritable oasis of wellness-centric amenities designed to offer the very best in coastal living, without the eight-figure price tags that so are so often attached to properties in the excl
Read More June housing starts jump 19%, fueled by strong multifamily gains

Residential construction activity picked up in June, but the gains were concentrated in multifamily, and future supply indicators softened, according to newly released U.S. Census Bureau data. Privately owned housing starts rose to a seasonally adjusted annual rate of roughly 1.3 million units in J
Read MorePalm Beach County nixes proposed Project Tango data center

Plans for a proposed data center in Palm Beach County hit a major roadblock Wednesday after county commissioners rejected a zoning application that would have allowed the project’s development. At the end of a 12-hour hearing, officials voted 5-1 to deny an amended zoning application that would hav
Read MoreUHM acquires AmeriTrust assets, expands non-QM footprint

Union Home Mortgage Corp. (UHM) has acquired AmeriTrust Mortgage Corp. in an asset deal that closed in 45 days, boosting UHM’s exposure to the nonqualified mortgage (non-QM) market. Financial terms were not disclosed. “There have been long-term relationships between some of the senior executives on
Read MoreHousing permits near cycle lows even as housing starts beat estimates

Housing starts beating estimates while housing permits are near cycle lows is an odd situation, but I am here to make sense of it and explain where exactly we are in the housing construction cycle. First, we have to always remember that housing starts are a very volatile number with a lot of revisio
Read MoreThe Unlikely Workforce That Could Help Fix America’s Property Tax System

More than 4,000 completed homes remain missing from the property tax rolls in Montgomery County, TX—and that's progress. The backlog once stood at roughly 12,000 properties. Just last year, the Montgomery Central Appraisal District added 5,052 previously missed homes to the rolls, restoring approxim
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