Southwest Florida Real Estate News and Market Insight

Democrats rode affordability concerns to major wins on Tuesday night, retaking control of the House and Senate and flipping multiple districts. Democrats flipped Senate seats in Texas, Ohio, Kansas, Iowa, North Carolina, and South Carolina and picked up a swath of seats in the House to win both cham

Miami-Dade County voters shot down real estate ballot measures in Miami and Miami Beach, but elected a Live Local Act and condo reform advocate to a county commission seat.  Here are the results:  Miami-Dade County District 5 incumbent Vicki Lopez will keep her seat in the county commission after wi

Voters in Tennessee are projected to approve Amendment 2, which bans any future statewide property tax and enshrines the prohibition in the state constitution. Tennessee has not had a statewide property tax since 1949, though the state Legislature technically retained the constitutional authority to

Florida voters approved Amendment 3, a proposed property tax referendum meant to phase out property taxes for primary residences.  As of 10:25 p.m., 62 percent of Floridians who voted in Tuesday’s midterm elections were in favor of the constitutional amendment; about 38 percent were against. The mea

Florida voters are projected to approve a measure that would reform the state's property tax system, increasing the homestead property tax exemption and reducing the tax bill for some households. Amendment 3, championed by outgoing Gov. Ron DeSantis, aims to increase the homestead property tax exemp

Byron Donalds, an ally of President Donald Trump who raised over $40 million from real estate executives and companies, was elected as Florida’s 47th governor, making history as the Sunshine State’s first Black politician to hold the office. Republican Donalds secured more than 50 percent of the vot

Rhode Island voters are projected to pass a ballot initiative to support increased housing through a massive bond issuance. Rhode Island's Question 2 issues $120 million in general obligation bonds, which could then be used in various costs to increase the supply of affordable housing. The funding w

Isaac Toledano jumped into the South Florida real estate game in 2000, starting with small investments, and moving onto bigger and bigger plays since then.  In 2009, he and his wife, Liat, launched BH Group, and they started partnering with the Pérez family’s Related in 2012.   But it wasn’t until t

Funded volume increased 24% year over year to $748 million, but higher interest rates pressured origination margins

Conservative businessman Omeed Malik, a close Trump ally and business partner of Donald Trump Jr., has stepped down from the board of Fannie Mae. The government-sponsored mortgage giant said in a filing with the Securities and Exchange Commission on Tuesday that Malik resigned from the board of dire

JetBlue raised baggage fees for the third time in a year as fuel costs continued to climb.

From Rate’s full retention stance to UWM’s bulk sale, strategies diverge

A Reconstruction-era civil rights statute is the sole federal hook in a lawsuit over homes above a waterfront Safeway

Actor Justin Baldoni discreetly offloaded his former Los Angeles home months after relocating to Nashville, TN, for a “fresh start.” The three-bedroom, three-bathroom Culver City abode went for $2.1 million in an off-market transaction in August, according to Page Six. The 1,992-square-foot house wa

Public homebuilder gross margins fell to about 20% from 26%, and incentives rose to about 8% to 12% of prices

E11even mogul Marc Roberts insists he is not an Islamophobe, and that he didn’t author a mass email that degenerated Muslims as being “violently opposed to our biblical worldview.” The forwarded message, delivered on Oct. 21 from Roberts’ email address at his namesake company, urged Floridians to co

Tribeca took the crown for the hottest neighborhood in Manhattan luxury sales last week, nabbing the top two priciest sales in the borough. The lower West Side neighborhood, which John F. Kennedy Jr. and his bride, Carolyn Bessette, did much to make famous, has continued to push toward the Hudson Ri

An enormous 9.69-acre Florida compound with a brand-new 10,500-square-foot entertainment facility "that can be transformed into anything you can imagine" and resort-inspired grounds has just hit the market in Southwest Ranches for an astonishing $38.9 million. If it reels in anywhere near its asking

Policy drivers could have implications for housing, including renovation demand and affordability assessments for older clients

Actor Chad Lowe and his producer wife, Kim Painter, have put their sprawling Los Angeles home on the market for $3.2 million—just over a month after their 13-year-old daughter, Fiona, died. Lowe, 58, and Painter, 52, listed the four-bedroom dwelling on Oct. 16, just weeks after announcing the devast