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.
MISMO board adds VantageScore, Guild and FICO leaders amid credit modernization push

Anthony Hutchinson of VantageScore, Gemma Currier of Guild Mortgage and Eric Lapin of FICO are the new board members
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Malcolm-Jamal Warner's widow has accused the late actor's mother of selling his $1.6 million Los Angeles home despite allegedly intending for the property to go to his wife and daughter. More than a year after the "Cosby Show" star's sudden death at age 54, his widow, Tenisha Warner, and his mother,
Read More IRES MLS names Julie Dahl CEO, succeeding Jeff Bosch

Dahl, a 23-year IRES veteran, succeeds Jeff Bosch as he departs for Arizona Regional MLS
Read MorePutting the ROAD Act into action faces a funding and HUD gauntlet

HUD must handle about 70% of 125 federal actions, rulemakings often take 18 to 24 months, and agency staffing is down more than 30%
Read More5 Stylish A-Frame Homes for Every Budget—Starting at $325K

If you're looking for a uniquely designed residence that will surely remain a conversation piece, an A-frame home may be just what you're looking for. Named for their distinctive triangular shape and one-of-a-kind interiors, these stylish homes remain an equally beloved staple for their wooded lots,
Read MoreAugust CPI shows sticky core inflation ahead of Fed meeting

Economists pointed to persistent services inflation as a factor that could keep borrowing costs elevated
Read MoreGoldman Sachs drops $155M for Davie rentals, Kerra pays $73M for Pompano complex

A pair of Broward County apartment complexes traded hands, as the South Florida multifamily investment sales and leasing market muscles its way back after years of slower activity. In the bigger deal, New York-based Goldman Sachs, through an affiliate, paid $154.5 million for the 397-unit Modera Ac
Read MoreMLS of 2030 will be defined by who controls housing data

MLS architecture needs to become ready for a world in which machines increasingly interact with housing data
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Mortgage rates climbed to a 15-month high this week as the average rate on a 30-year fixed home loan jumped 5 basis points to 6.76% for the week ending Sept. 10, moving up from 6.71% the previous week to reach its highest level since late June 2025, according to Freddie Mac. Driven upward by spiking
Read More EXCLUSIVE: Santa Monica Penthouse Above the Iconic California Incline Lists for $9 Million

A one-of-a-kind Santa Monica penthouse perched above one of Southern California’s most recognizable stretches of coastline has hit the market for $8.95 million—offering its future owner an enormous private terrace and sweeping views from Malibu to downtown Los Angeles. The three-bedroom, two-bathroo
Read MoreFed Expected To Hike Rates Next Week as Inflation Remains Hot at 3.4%

The Federal Reserve is now seen as extremely likely to raise its benchmark interest rate next week, after a key inflation reading came in hot on Friday. Investors have increasingly been eyeing a rate increase, and the probability of September rate hike surged above 90% following the latest Consumer
Read More25 years after 9/11, Homes for Heroes has given back nearly $200M

As the organization marks its 25th anniversary, leaders are focused on expanding beyond the transaction
Read MoreEXCLUSIVE: How Luxury Broker Ravi Kantha Traded the Courtroom for High-End Real Estate Deals

Over the past 11 years, no one has sold more townhouses—or more gross dollars of real estate—in Brooklyn Heights than Ravi Kantha. In a new video series following a day in the life of luxury real estate agents, Kantha is the latest to open his doors, offering an unfiltered look at a schedule that st
Read More25 years after 9/11, the U.S. starts rolling back travel restrictions, from liquids to gate access

Years after 9/11, the U.S. government is walking back some security screenings as threats and technology evolve.
Read MoreMortgage Rates Just Hit a 15-Month High. Is It Worth Paying Thousands To Lower Yours?

In 2021, when mortgage rates were near historic lows, just 34% of the 30-year primary home-purchase loans carried points, according to a new analysis from Realtor.com®. By 2023, as rates surged, that share had jumped to 60%. “The data provides strong evidence that rate level is the primary driver o
Read MoreProperty manager, contractor arrested in nearly $200K kickback scheme at Hialeah condo association

A Hialeah condo association’s property manager and a contractor ran a kickback scheme that hinged on inflated repair contracts, ultimately siphoning nearly $200,000 from unit owners, according to arrest warrants. Carlos Jose Mejia, who worked as a property manager at the Venetian Gardens at Country
Read MoreNIMBYs and YIMBYs Both File Lawsuits Over San Francisco’s New Housing Plans

San Francisco's efforts to build denser housing face crucial tests in the coming months amid a series of lawsuits, which variously claim that the city's efforts go too far—or not far enough. The three lawsuits against the city, filed in Superior Court, come from groups on the opposite end of the spe
Read MoreMiami Beach probes stalled pedestrian bridge agreed to by Terra, GFO

Miami Beach commissioners ordered an independent engineering review of the pedestrian bridge tied to Five Park residences, developed by Terra and GFO Investments, after utility conflicts raised questions about whether the bridge can be completed as promised. The city commission voted unanimously to
Read MoreRelated Ross buys 124-acre former IBM campus in Boca Raton

Steve Ross’ Related Ross bought the massive Boca Raton Innovation Campus, expanding the billionaire developer’s reach into another pocket of Palm Beach County. The 124-acre former IBM headquarters comes with developer entitlements for a “micro-city.” The value of the sale hasn’t been made public. Ar
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Venture capital firm Andreessen Horowitz plans to move its defense and aerospace fund to a West Palm Beach, where it’ll be the newest tenant in a Related Ross building. The California-based venture-capital giant plans to open the regional headquarters next year for its $1.2 billion American Dynamism
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