Luxury is an experience not a price point
Home purchase demand holds up even with mortgage rates at 6.7%

Rates for 30-year conforming mortgages stayed above 6.7% this week, but housing market activity has been resilient as weekly pending sales and purchase loan demand are up slightly compared to this time last year. At HousingWire’s Mortgage Rates Center on Tuesday, 30-year conforming loan rates averag
Read MoreCS Ventures scores $22M loan to buy Frisbie properties in Palm Beach

CS Ventures picked up a portfolio of the Frisbie Group’s Palm Beach properties just months after redevelopment plans for the sites were scrapped. Ocean Bank provided a $22 million acquisition loan for CS Ventures’ purchase of the three-story former IberiaBank building at 180 Royal Palm Way, a 20,000
Read MoreDining Passport Returns for Summer

Dine on Eastern Mediterranean fare at Sofra during Dining Passport. Photo courtesy of The Ritz-Carlton, Naples The Ritz-Carlton, Naples will welcome guests and locals to embark on a culinary journey with its summer Dining Passport offering at Dusk, Lobby Bar, Nolita, and Sofra. From June through Sep
Read More‘Let It Bloom’ June Is One Landscaping Trend Homeowners Really Should Ignore This Summer

Most homeowners appreciate well-manicured lawns. But the viral trend “Let It Bloom” June is trying to change that. Its goal is to let wildflowers, native grasses, and pollinator-friendly plants steal the spotlight. “Instead of clean-cut lawns and formal landscaping, this concept favors wilder, more
Read MoreChaChaCha Fusion Cuban Cuisine Opens in North Naples

The rollito de pollo y ropa vieja dish combines Latin and Asian flavors. Photo courtesy of ChaChaCha Fusion Cuban Cuisine Amel Fernandez doesn’t hyperbolize when he says he was born in the family’s restaurant. “I grew up there, too,” he explains. “Part of the building was the restaurant; part was ou
Read MoreOnity to sell $5B reverse mortgage business to Finance of America

Onity Group will cash out of its reverse mortgage business in a deal with one of the largest providers of the product in the U.S. The West Palm Beach-based mortgage servicer received the green light from regulators to sell a portfolio of reverse mortgage servicing rights tied to $5.1 billion in loan
Read MoreAbigail Peterson is At Attention

Abigail Peterson is wrapping up her first year at the U.S. Naval Academy in Annapolis, Maryland. Photo by Nick Shirghio Abigail Peterson is accustomed to being busy. During her senior year at Aubrey Rogers High School in Naples, she balanced playing five sports (basketball, lacrosse, swimming, cross
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Sporting superstar Serena Williams is making her official comeback to professional tennis later this month—nearly four years after she bowed out of the sport with what was thought to be her final appearance at the U.S. Open in New York. Williams, 44, revealed on June 1 that she has accepted a wild-c
Read More Enjoy Sensory-Friendly Days at the Museum

Photo courtesy of Golisano Children’s Museum of Naples For kids who feel overwhelmed visiting the children’s museum, new sensory-friendly kits may help. “Our museum is super stimulating, so it is going to be a challenge for individuals on the spectrum to experience it the same way that other kids mi
Read MoreAudubon’s Corkscrew Swamp Sanctuary Gets an Upgrade

A winding boardwalk leads visitors through a lush landscape. Photo courtesy of Audubon’s Corkscrew Swamp Sanctuary Audubon’s Corkscrew Swamp Sanctuary is undergoing a transformational project that will bolster education and positively impact the western Everglades. It remade its discovery center (no
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Top mortgage regulator Bill Pulte, who currently serves as chairman of Fannie Mae and Freddie Mac, will now oversee the nation's spy agencies as acting director of national intelligence, President Donald Trump has announced. Pulte, the current Federal Housing Finance Administration director, will se
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Skiing sensation Lindsey Vonn's elegant California mansion has undergone another significant price cut, just a few weeks after returning the property to the market. Vonn, 41, who is currently undergoing rehabilitation and treatment after suffering a horrific crash at the 2026 Winter Olympics in Ital
Read More Developers pay off $115M in Miami construction loans as condos near sellout

South Florida developers knocked out a combined $115 million in construction loans for Miami condo towers that are nearly sold out, as the demand for hospitality-branded residences heats up in the region. North Development paid off a $70 million loan to Forman Capital and Core Capital for Domus Bri
Read MoreSouth Florida’s top deals: Fort Partners sells another Surf Club pad for $27M

🏆 Residential: The priciest home sale recorded in South Florida was at Fort Partners’ Seaway at the Surf Club at 9149 Collins Avenue in Surfside. A company tied to the island of Jersey in the Channel Islands purchased a 4,500-square-foot condo at the luxury development for $27.1 million. The deal b
Read MoreMillennials Are Set To Inherit Trillions—but for Most, It Will Come Too Late

The cruelest part of the Great Wealth Transfer may be its timing. An estimated $124 trillion will pass between generations through 2048. But by then, even the youngest millennials—one of the generations expected to inherit the most—will be 52. The oldest will be 67. That may be early enough to cushi
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Retired emergency-room-doctor-turned-developer Joseph Englanoff is once again trying to part ways with two of his over-the-top Los Angeles-area estates, bringing both opulent dwellings back to the market for the eye-watering total price of $167.95 million. The first of the two properties—a nine-bedr
Read More Opinion: Compass has made the MLS its proxy

When an industry’s incumbents can’t win on merit, they stop competing and start restricting. The MLS feed cutoffs to Zillow are the latest version of this pattern. Taxi commissions tried to slow Uber in 2014. They didn’t fight on product. They couldn’t. Uber was easier, cheaper and the cars were cle
Read MoreIs the mortgage industry broken—or structurally misaligned?

There is an ongoing debate in mortgage lending about whether the industry is fundamentally broken or simply experiencing another cycle of technological evolution. Over the past decade, lenders have invested heavily in automation, OCR, verification services, title integrations and income validation t
Read MoreAccess Industries scores $225M refi for Faena District

The real estate arm of billionaire Len Blavatnik’s Access Industries scored a $225 million refinancing of the debt backing the Faena District, The Real Deal has learned. J.P. Morgan increased the loan backing the district by $55 million, according to Access Real Estate, a division of New York-based
Read MoreBig Smell From Tiny Home: Neighbors File $200K Suit Over ‘Nauseating’ Odor

Tiny homes are becoming more and more popular. But in Portland, OR, one tiny home has become a big headache for a retired couple, significantly tarnishing their golden years. Residents John Benjamin, 77, and Trudy Benjamin, 67, are now suing their next-door neighbor Karen Ward for $200,000 over a fo
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