Southwest Florida Real Estate News and Market Insight

A mansion in Jupiter’s Admirals Cove topped Palm Beach County’s luxury market last week, landing a $19 million contract.  Buyers signed 19 contracts between June 15 and 21, according to the weekly report by Douglas Elliman’s Eklund-Gomes team, which tracks listings in Palm Beach County above $3 mill

Kylie Jenner has removed her extraordinary concrete megamansion from the market—just six months after listing the modern Los Angeles dwelling for $48 million. The reality TV personality listed the seven-bedroom Holmby Hills property on Dec. 22, according to property records, after purchasing it for

🏆 Residential: Miami Beach had the priciest home sale recorded in South Florida, with the $35 million sale of 2131 Lake Avenue on Sunset Islands. The seller was a trust with Michele Ammirata as trustee. The buyer was Berjan 2132 LLC. The waterfront property spans 3,700 square feet and appears to ha

Most middle-class Americans are losing the struggle with the rising cost of living, but residents of two Deep South states are actually coming out ahead, according to a new report. In 14 states, middle-class incomes are underwater by 10% or more in terms of trying to keep up with inflation in key li

One of Virginia's last surviving octagon homes has returned to the market for $295,000—having spent years at the center of furious conspiracy theories about its "haunted" past. Located in Wytheville, VA, the historic abode, which is known as the Octagon Mansion, was built in 1870 and has been the su

In March of this year, Fannie Mae and Freddie Mac unveiled a major change to condominium lending, financial and insurance standards aimed at improving the way condos are bought, sold and managed. These updated rules change the criteria for prospective condo buyers to obtain conventional financing th

The Senate heard testimony on Tuesday regarding federal taxes on the profits from home sales, which industry advocates say could be discouraging millions of homeowners from selling. Kevin Brown, president of the National Association of Realtors®, urged Congress to raise the exclusion limits on capit

The 21st Century ROAD to Housing Act passed the House of Representatives after clearing the Senate and now heads to President Donald Trump’s desk for signature in the coming days. The housing package aims to reduce homeownership costs and improve housing supply while incorporating priorities from Co

"Keeping Up With the Kardashians" producer Jeff Jenkins is preparing to part ways with his longtime Los Angeles mansion—having brought the "Zen-inspired" retreat to the market for $1.78 million nearly two decades after he bought it. Jenkins, whose producing credits also include "The Simple Life," "T

The U.S. House and Senate have passed a landmark housing bill with bipartisan support, setting the stage for President Donald Trump to sign it. The House voted 358-32 to pass the 21st Century Road to Housing Act on Tuesday night, one day after the Senate easily passed the bill by a vote of 85-5. The

Another mixed-use project designed by a globally recognized architecture firm is coming to the Miami Design District. Miami Design District Associates and Raycliff Capital plan to build Sweetbird North, an eight-story, 120,500-square-foot office-and-retail project that will include more than 92,000

A Miami official wants the city to take a swing at Florida’s Live Local Act, which would put it in the ring alongside other localities that are punching back at the developer-friendly law. City Commissioner Damian Pardo sponsored a measure to instruct the city attorney to find ways to challenge the

Kiss rocker Gene Simmons has opened up about his very humble childhood in Israel, where he spent his earliest years residing in a simple "one-room stone house." While Simmons, 76, boasts an impressive estimated net worth of $400 million—along with an awe-inspiring collection of luxury properties—he

Two downtown Miami office buildings are headed to auction next month after landlord Stonerock Capital lost a $65.7 million foreclosure judgment. Atlanta-based Ardent Companies provided Stonerock with a $58.3 million mortgage to buy the buildings in 2022, the South Florida Business Journal reported.

A sprawling Maryland mansion that was once home to former Washington Wizards star Bradley Beal has been yanked off the market—just under a year after it was listed for $11 million. Beal, 32, who is known to his fans as "Big Panda," purchased the extraordinary property—which comes complete with an un

As a child Boomer Foster, the nephew of Long & Foster co-founder Wesley Foster, wrote three goals on a scrap of paper in crayon: Play in the NFL Practice law with his dad Be president of Long & Foster “I was too slow for the NFL, but I played football all four years at University of South Carolina,

California philanthropist Glorya Kaufman's longtime Beverly Hills estate has been brought to the market for $25 million—less than a year after the famed patron of the arts died at the age of 95. Proceeds from the sale of the property, which Kaufman named Château de Liberté or "house of freedom," wil

California Gov. Gavin Newsom is urging the state's voters to adopt a proposed $11.25 billion housing affordability bond aimed at boosting residential construction and homeownership rates.  The governor’s office announced on Monday that Newsom, the state Senate and Assembly have reached a deal to pla

Blue Road and Ilia Development Group plan to start construction on a condo tower with a pickleball roof deck in North Miami Beach by early next year, after city officials approved a new site plan for the 650,384-square-foot condo project Monday. The North Miami Beach City Commission approved the dev

The future of your 401(k) may be in the hands of Elon Musk. SpaceX went public on June 12, launching on the Nasdaq exchange under the ticker symbol SPCX, and millions of Americans may soon see the aerospace company founded by Musk among their retirement investments. Firms such as Fidelity, BlackRock