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.
Portals and brokerages escalate real estate vertical integration race

The modern battlefield offers a lesson in real estate vertical integration. Look around. Rocket bought Redfin. Compass combined with Anywhere to become the country’s largest brokerage, north of 340,000 agents. Zillow is fighting over listing access. Homes.com is still buying its way to portal releva
Read MoreInside the $1 Million White House UFC Lawn Fix and the Real Cost of Resodding Your Own Property

After hosting the UFC Freedom 250 event on June 14—President Donald Trump’s 80th birthday—the White House South Lawn sustained significant damage, including large patches of discolored grass and dirt everywhere. ScottsMiracle-Gro in Marysville, OH, pledged $1 million to restore the lawn. It plans t
Read MoreARA adds REMAX president Chris Lim to board

The American Real Estate Association (ARA) has added REMAX president and chief growth officer Chris Lim and investor Andrew Dodge to its board of directors, expanding its leadership, according to an announcement on Thursday. As part of the move, ARA will provide all REMAX agents in the United State
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Hollywood actress Elisha Cuthbert is once again attempting to offload her luxurious Los Angeles pad for nearly $2.1 million—mere weeks after making a sudden return to acting following a yearslong hiatus from onscreen work. Cuthbert, 43, who is originally from Canada, listed the dwelling on June 25 f
Read More Mortgage Calculator: Here’s How Much You Need To Buy a $430K Home at a 6.49% Rate

Mortgage rates edged slightly higher this week, with the average rate on 30-year fixed home loans advancing to 6.49% for the week ending June 25, according to Freddie Mac. This minor 2-basis-point increase from last week’s 6.47% shows continued narrow fluctuations in borrowing costs as the summer ma
Read MoreReal estate fraud ringleaders sent to prison, SEC targets sales agent in case

A married couple who led a $56 million real estate scheme was sentenced to prison, as a new civil lawsuit accuses a third person for his role in the massive fraud that duped investors, many of them losing their retirement funds, according to court records. Janalie Camille Bingham, who also goes by
Read MoreOklahoma Accuses State Farm of ‘Corporate Scheme’ To Deny Claims for Tornado Damage

Oklahoma Attorney General Gentner Drummond has accused insurance giant State Farm of conducting a coordinated "corporate scheme" to deny homeowner claims for wind and hail damage. In a statement to Realtor.com®, State Farm denied the allegation and said it believes Drummond's claims are "politically
Read MoreSouth Florida’s top deals: Palm Beach property trades for $39M

🏆 Residential: The top residential sale to hit records was in Palm Beach at 690 Island Drive for $39.2 million. A trust was the seller and the buyer was 690 Island Drive LLC. The lakefront home last sold in 2025 for $33 million. Christian Angle with Christian Angle Real Estate handled the listing.
Read MoreThe Rules That Once Helped Americans Buy Homes Now Risk Leaving Them in the Red

There’s no shortage of rules in real estate. But baked into these maxims are economic assumptions that no longer hold up in today’s market. “The core problem is the interaction of three things happening simultaneously,” explains Hannah Jones, senior economist at Realtor.com®, pointing to high mortga
Read MoreLas Vegas Is Betting on High Rollers To Fuel a Luxury Real Estate Renaissance

For decades, Las Vegas was synonymous with penny slots, cheap buffets, and quickie weddings, but now the city is placing a high-stakes bet on luring the ultra-wealthy with premium amenities, exclusive experiences, and luxury real estate. A report from Realtor.com® released Friday highlights Sin City
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An awe-inspiring piece of real estate history has been brought to the market in Virginia—six years after the 200-year-old structure was painstakingly dismantled, relocated, then meticulously rebuilt on its new parcel. The Federal-style estate, which was built in 1822 on a 1,000-acre tobacco plantati
Read More Finding meaning in a busy world: The modern originator’s path to pursuit, purpose, passion and peace

The mortgage industry has never been short on movement. In just the past decade, we’ve seen the rise and fall of companies, shifts in market leadership, the emergence of new technology and the kind of disruption that forces every originator to stop and ask: What am I really building? We’re operating
Read MoreIn land acquisition, the fastest decision wins

Every piece of land worth buying is a race. A broker hears that a landowner might sell fifty acres, and within an hour, twenty buyers know about it. Whoever gets to a confident number first, the price the seller will actually accept, wins it. Everyone else is analyzing yields and preparing bids for
Read MoreZohran Mamdani’s New York City Rent Freeze Passes in Landmark 7-1 Vote

The Rent Guidelines Board approved a 0% rent increase on one- and two-year leases Thursday night, delivering New York City Mayor Zohran Mamdani perhaps his largest political win to date and angering some of the city’s landlords. The freeze passed in a 7-1 vote, with only Arpit Gupta, an economist wh
Read MoreLandmark Housing Bill Set To Be Sent to Trump After He Abruptly Canceled Signing

The landmark 21st Century Road to Housing Act will be sent to President Donald Trump, a day after he abruptly canceled signing it. A spokesperson for House Speaker Mike Johnson (R-LA) confirmed to Realtor.com® that Johnson will formally submit the bill to Trump. Once he receives it, the president ha
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"Sister, Sister" star Tamera Mowry-Housley has brought her longtime California dwelling to the market for $2.7 million—months after revealing that she and her husband were in the process of building their "dream" family abode in Napa Valley. Mowry, 47, and her spouse, Adam Housley, 54, announced in
Read More Donald Trump Jr, wife put down roots in West Palm Beach

After tying the knot in the Bahamas, Donald Trump Jr. and Bettina Anderson are settling down in West Palm Beach. Just one month after their wedding, the couple bought a double lot in the Prospect Park neighborhood, where they plan to build an eight-bedroom home, the New York Post’s Page Six reported
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An extraordinary piece of "musical history" has come to the market in Georgia in the form of a newly listed $1.99 million lakefront estate that has played host to all manner of high-profile guests over the years, from President Jimmy Carter to artist Andy Warhol. The dwelling, which sits on the edge
Read More KB Home Q2 2026 earnings point to scale vs execution debate

Homebuilding’s mid-year public company earnings season is now looking through the prism of the back half of 2026. Each of the sector’s players had better have put themselves in a good position for some heavy lifting and outperformance, rather than lugging around a forgettable first half. In that lig
Read MoreWaterton buys for $81M, NADG scores $121M loan amid Palm Beach-area apartment shortage

Investors snapped up an $81 million Broward County apartment complex, while developers secured a $121 million construction loan for a Palm Beach County project this week. David Schwartz’s Waterton Residential dropped $80.5 million on a 358-unit apartment complex in Pembroke Pines. The deal worked o
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