Mike Colpitts (239) 379-2552

Home refinances jump to new high as mortgage rates slowly decline and home values slide in much of the country, including Florida. The current average rate on a 30-year fixed rate mortgage is 6.23%.Mortgage rates dropped to the lowest level of 2025 during the last week of the year. Homeowners are...

New apartment construction quadruples in wealthy Naples, Florida and grows at least equal to that in Fort Myers as the region turns into the migration magnate.Southwest Florida has long been a boom town. Despite the slowdown in real estate home sales, the construction boom lives on in the region....

A series of proposals to eliminate Florida state property taxes is gaining momentum in the state legislature. Property taxes have surged following the increase in property values triggered by record low mortgage rates and other issues.The Covid pandemic spurred an increase in home values after te...

Florida’s real estate markets have experienced 100 years of booms and busts, shaping the state’s economy and population growth. From the early land booms in the 1920s to the Great Recession of 2008, Florida has been a dynamic yet volatile market. The history of Florida real estate provides an in-...

Florida lawmakers have made it better for tenants in the Sunshine State. A new law forces landlords to reveal to prospective tenants that a home or other rental property has been flooded in the past as lawmakers issue tenant flood protections.The disclosure is part of a new statewide movement to ...

More than half of U.S. adults say hosting Thanksgiving influences home buying, with Generation Z prioritizing big kitchens and larger gathering spaces.More than half of (52%) Americans surveyed in a Realtor.com study say that hosting Thanksgiving dinner played a vital role in their most recent ho...

A large majority of Americans postpone major life events to buy a home, a new Harris poll found. The survey determined that home buyers are putting off getting married, having children, changing a career and even owning a pet in order to afford to buy a home first.An amazing 71 percent surveyed a...

Perspective home and condo buyers are being urged to investigate homeowner associations thoroughly before finalizing real estate purchases. The push to investigate HOA’s is a new develop in Florida following the fallout of many associations that have not taken care of routine maintenance adequate...

Deed theft is running rampant in Florida and other states in the U.S. as scammers shop for ways to get rich at the expense of innocent victims. Deed theft, which is when someone transfers the legal title to property without the real property owner knowing about it now makes up more than an estima...

Fannie Mae, the nation’s largest buyer of home mortgages is cutting its mortgage eligibility requirements to allow more perspective buyers to qualify for a home loan. The government sponsored enterprise will no longer require a minimum 620 FICO score from borrowers.Loans that are processed throug...