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.
Fake testimony alleged in Coral Gables development fight

Coral Gables police are investigating allegations of fraudulent testimony linked to a controversial mixed-use development in the city. Attorney David Winker accused some people who spoke in favor of Chicago-based Fifield Companies’ Crystal Residences project at a recent city commission meeting of p
Read MoreGinnie Mae wants issuers to focus on fixing loan-level data quality

Joe Gormley says standardized submissions could cut reconciliation work and support friction-free servicing transfers
Read MoreTwo small towns gain $880M in taxable value as Palm Beach County luxury spreads to suburbs

Two tiny towns gained the most overall property value in Palm Beach County this year thanks to major developments in their boundaries. The taxable value in the 9,000-person town of Lake Park, near North Palm Beach, is expected to jump 38.7 percent compared to last year, largely due to the value of n
Read MoreNWMLS launches AI home search on NWMLS.com with Broker Public Portal

New Cribio-powered experience offers natural-language search and real-time Washington listings with direct broker attribution.
Read MorePalm Beach County doubling down on data center pause

Palm Beach County moved forward with its potential moratorium on hyperscale data centers as it debates how to regulate the booming industry, bringing the county a step closer to a full-year ban on the proposals. County commissioners on Thursday voted unanimously to pursue a proposed pause on large-s
Read MoreEarly state tax data prompts NYC to pare pied-a-terre tax pool

Filings say DOF will contact about 12,000 owners, and 1,210 are cleared after early 2025 state income tax records arrived
Read MoreForeclosure filings rise 10% annually in July, ATTOM says

ATTOM counted 39,906 filings, up 1% from June, while REOs increased 23% from July 2025
Read MoreSidelined Homebuyers Say Mortgage Rates Need To Hit This ‘Magic Number’ Before They’ll Buy

More than half of potential homebuyers are holding off on making an offer in hopes that mortgage rates will drop to 5%, according to a surprising new survey. The survey from Neighbors Bank, a mortgage lender focused on first-time homebuyers, found that 72% of potential homebuyers have either delayed
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The jurors serving in Lindsay Clancy's highly-publicized trial have started their deliberations after an intense five-week courtroom showdown, during which they heard testimony from dozens of witnesses—and even visited the Massachusetts house where the former nurse is accused of murdering her childr
Read More Stellar MLS’s new CEO wants to put the industry in fast-forward

Fairley took the helm at Stellar MLS in March, succeeding Merri Jo Cowen
Read MoreWhat Happened to ‘Unabomber’ Ted Kaczynski’s Infamous Cabin and Property

Netflix on Thursday released a trailer for its upcoming film "Unabomber" following the life of domestic terrorist Ted Kaczynski and offering a look inside a detailed re-creation of the one-room Montana cabin where he plotted his decades-long mail bombing campaign. Starring Jacob Tremblay as Kaczyns
Read MoreRetirees Get 265% of What They Paid Into Social Security—but Will Young Americans?

Workers born in the 1960s are on track to receive Social Security benefits worth more than 2.6 times the taxes they personally paid into the program, according to a new analysis. The findings, from the nonpartisan Committee for a Responsible Federal Budget (CRFB), arrive as Social Security’s retirem
Read More“Transformational”: What we know about Ken Griffin’s rumored $700M+ purchase of Mana Wynwood

Ask a developer, broker or property owner in Wynwood about the big deal underway in the neighborhood, and you’ll get a different version of the same answer. “It’s already done” or, “It’s closing later this year,” they’ll say. Or, “Worst kept secret in Miami.” The deal? It’s developer and investor
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“Mean Girls” star Amanda Seyfried has listed her longtime Los Angeles home for $3.2 million, 15 years after she purchased the property for nearly half the price it is now on the market for. The 40-year-old actress, who now resides primarily on a beautiful farm property in upstate New York, which she
Read More Billionaire Google co-founder Larry Page’s family office quietly leases in Coconut Grove

Billionaire Larry Page’s family office locked down an under-the-radar lease in Miami’s Coconut Grove, as the Google co-founder tightens his grip on the neighborhood where he’s dropped nearly $190 million on property in the past year. Page’s Koop family office took space at a boutique seven-story bu
Read MoreRooftop Solar’s Next Crisis: Why Homeowners Are Losing 20% of Their Energy Output

In a recent Reddit post, a Washington homeowner revealed a 20% drop in solar panel output during periods of wildfire smoke, even when it appeared sunny outside. The reason behind this? The smoke’s fine particles likely scattered and weakened the sunlight before it hit the solar panels, reducing the
Read MoreMortgage Rates Nudge Up to 6.66% Ahead of Fed’s Jackson Hole Summit

Mortgage rates slightly increased this week but remained relatively stable as bond markets—coming off a month of volatility—await Federal Reserve Chairman Kevin Warsh's inaugural keynote address at the annual Jackson Hole conference. The average rate on 30-year fixed home loans rose to 6.66% for the
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A historical Los Angeles property that late actor Tim Curry spent years carefully restoring to its former glory has come under offer, just hours after news of the "Rocky Horror" star's passing was announced. The sprawling property, which is located in Los Feliz, was purchased by the actor for just $
Read More Stiles greenlit for mixed-use redev of Broward County retail center

Stiles won approval for its mixed-use redevelopment of a 1950s shopping center in Broward County. The Fort Lauderdale-based developer plans to redevelop the Shoppes at Wilton Manors with 89 condos and almost 52,000 square feet of retail, a downsized version of what a previous owner of the neighborho
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Former nurse Lindsay Clancy's trial reached closing arguments on Aug. 27, more than three years after she was accused of murdering her three children inside the family's Massachusetts home. Clancy, 36, has admitted to taking the lives of daughter Cora, 5, and sons Dawson, 3, and 8-month-old Callan,
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