Southwest Florida Real Estate News and Market Insight

Kaká, one of the greatest soccer players of his era, planted a flag in Bal Harbour.  Ricardo Izecson dos Santos Leite, known by his nickname, paid $8.7 million for a condo on the 14th floor of Oceana Bal Harbour, at 10203 Collins Avenue, property records show. Kaká bought the 3,350-square-foot, thre

Justin Baldoni and his wife, Emily, have spoken out for the first time after settling their legal battle with Blake Lively—months after ditching California for Tennessee. Baldoni, 42, and his spouse took to Instagram to speak out about the "trauma" they suffered as a result of the lengthy legal tuss

After lightning strikes a tree in your yard, your initial concern may be whether it can be saved. However, the damage of this situation often goes beyond what you can see above ground. Electrical and underground damage can occur through uprooted tree systems damaging underground wires, irrigation sy

Mortgage rates saw a meaningful increase Thursday as a fragile U.S.-Iran peace deal disintegrated amid a hail of mutual airstrikes, driving up oil prices and long-term borrowing costs. The average rate on 30-year fixed home loans rose to 6.49% for the week ending July 9, up 6 basis points from 6.43%

Venture capital investor Ben Ling and his husband, Hedge Labs co-founder Chris Coudron, bought the waterfront teardown next to their Palm Island mansion for $40 million.  The couple bought homebuilder Pedro Adrian and his wife Adria Adrian’s home at 145 and 149 Palm Avenue, which was on the market f

Sales of existing homes dropped in June after rallying in May as would-be buyers pulled back due to affordability concerns while the median sales price surged to a record high. Existing-home sales fell 2.4% month over month but rose 2.8% year over year to a seasonally adjusted annual rate of 4.09 mi

Actor Alec Baldwin and his wife, Hilaria Baldwin, have once again pulled their longtime Hamptons property off the market—just weeks after trimming $1 million off its asking price and revealing they would be spending the summer in Spain. The Baldwins have spent years trying to offload their sprawling

🏆 New Building: The largest permit issued was a $193 million new construction permit for 1822 Northwest 37th Avenue in Miami, tied to the redevelopment of Miami Freedom Park near the Miami International Airport, which will include more than 1 million square feet of retail, dining, entertainment and

🏆 Residential: The top residential sale recorded in South Florida was in Palm Beach where a home at 239 Emerald Lane sold for $25 million. Buck House Limited was the seller. Mac Cummings, co-founder of Terakeet, was the buyer. The 7,200 square foot home has six bedrooms and nine and a half bathroom

Amid a deepening housing affordability crisis, roughly 1 in 10 homes in the country is sitting vacant, concludes a new report. Around 14.5 million houses are empty, according to a new analysis of U.S. Census Bureau data compiled by personal finance site LendingTree. However, only a shockingly low nu

The stars of TLC’s “Jay & Pamela,” who both have a rare brittle bone disorder that leaves them unable to walk or stand, are rolling out the welcome mat at their modified Atlanta apartment where they’re finally able to live independently. Shortly after meeting online in 2019, Jay Manuel, 30, and Pame

Homebuyers and sellers are beginning to treat ChatGPT and other large language models (LLMs) like a genie in a bottle. They often trust AI recommendations implicitly because the suggestions are the result of personalized, deep-diving research and an authoritative verification process. The phenomenon

A little more than a month into a hostile homebuilder takeover saga that has not quite reached midsummer, Dream Finders Homes’ pursuit of Beazer Homes is beginning to resemble a Shakespearean tale of unrequited love. The ardent suitor has returned again. And again. The latest offering is richer: $32

Buckling columns at the former Pfizer headquarters this week forced evacuations across seven Midtown East blocks. The incident raises new questions about office-to-residential conversion, one of several tools the city has used to add housing. It is also a tool Mayor Zohran Mamdani leaned into becaus

Sen. Elizabeth Warren has called for the resignation of Bill Pulte from his dual roles headingthe Federal Housing Finance Agency (FHFA) and the Office of the Director of National Intelligence (ODNI), following a scathing report that labeled the high-ranking official "unqualified" and accused him of

Seasoned athlete Simone Biles and her husband, NFL player Jonathan Owens, are on the move once again as they head to Indiana ahead of the upcoming football season—when the safety will make his debut with the Indianapolis Colts                         Days after Biles, 29, and Owens, 30, traveled to

Federal Reserve officials are deeply divided in their opinions on whether interest rates are likely to go up or down in the coming months, newly released meeting minutes show. Minutes from the June meeting of the Federal Open Market Committee, which marked the first policy meeting under new Fed Chai

Synergy One Lending, a division of American Pacific Mortgage (APM), will assume control of Newrez’s distributed retail mortgage business under a new strategic agreement announced Wednesday, extending an existing partnership and reshaping both lenders’ retail strategies. The agreement — which is not

Florida’s attorney general is giving at least two South Florida developers caught in legal battles a helping hand after they gave him thousands of dollars in campaign donations. James Uthmeier’s office intervened in cases involving Two Roads Development and Whitman Family Development just weeks afte

Ryan Smith will become CEO of Visionary Homes on Sept. 1, 2026, as founder and current chief executive Jeff Jackson transitions to chairman of the board, the Utah homebuilder recently announced. Smith joined Visionary Homes on June 15 and will work alongside Jackson through the summer before formall