Southwest Florida Real Estate News and Market Insight

Mortgage rates saw a slight uptick this week, as the average rate on 30-year fixed home loans rose to 6% for the week ending March 5, according to Freddie Mac. This increase follows the previous week’s 5.98% milestone, which had been the lowest level since September 2022. So what effect does this ha

United CEO Scott Kirby said demand remains high but that fuel prices will hit first-quarter results.

The U.S. unemployment rate increased to 4.4% in February, up from 4.3% the month before, signaling a softening in the domestic labor market. The weaker-than-expected report from the Bureau of Labor Statistics released Friday showed that nonfarm payrolls decreased by 92,000. This follows significant

To see our latest updates on the Nancy Guthrie case, please click here. The FBI has returned to Nancy Guthrie's Arizona neighborhood, where agents were seen questioning the missing 84-year-old's fellow Catalina Foothills residents—while also searching a garage at a property near to her dwelling. Sev

Mortgage rate relief is helping the housing market as it continues to shift to a buyer-friendly direction. Active inventory is up and prices are down, according to the Realtor.com® Weekly Housing Trends report for the week ending Feb. 28. But even with rates lower, it appears buyers are still reluct

🏆 Residential: Key Biscayne had the top residential sale recorded in South Florida. An 8,000-square-foot mansion at 180 Cape Florida Drive changed hands for $21 million. The sellers were Eugene Stearns, a trial attorney, and his wife Diana Stearns, along with Matthew Buttrick and Jennifer Stearns B

Millennial homebuyers have an affordability challenge when it comes to breaking into the housing market, but not in three Midwestern markets. Nearly 80% of millennials own homes in Dubuque, IA (78%), Monroe, MI (76%), and Wausau, WI (76%), where lower home prices and more attainable entry-level opti

A bipartisan housing package nearing the finish line in Congress could be one of the biggest reforms in decades, and it has attracted both support and detractors from the housing world. The Senate voted Wednesday to advance the 21st Century Road to Housing Act—a bill that merges the language of a ho

A home that is inherited by more than one child is a great opportunity for the next generation, but it can also be a source of friction if not handled with care. Deciding who should take ownership of the home outright, what a fair market value is for a home with immense emotional value, and what leg

While John F. Kennedy Jr. and Carolyn Bessette's love story is unfolding once again in very real time— thanks to Ryan Murphy's new FX series about their romance—it has been nearly three decades since the ill-fated lovers tied the knot in real life in an ultraprivate wedding that is now taking center

"Bargain Block" stars Keith Bynum and Evan Thomas are celebrating 10 years in business—months after their series was unceremoniously yanked off the air, a move that saw Bynum lash out at the network for putting his "entire business and life through the ringer." HGTV sparked controversy in June when

Michael Martinez reclaimed the title of One Sotheby’s top individual agent. Martinez clinched the top spot with $176 million in sales volume last year after placing second the previous year, according to a news release. The Coconut Grove-based brokerage announced its top producers for 2025, naming l

An iconic high-end hotel is ready to give the public a chance to own a piece of luxury with its new branded residence in Houston. The Ritz-Carlton Residences is the latest to announce its condominiums are available to purchase, but future owners shouldn't expect to move in just yet. Public sales are

Making less money but making steady headway may be a crude way to boil down what early 2026 was looking like for many homebuilding business leaders. Public homebuilder execs were not discussing a plain-and-simple “recovery trade.” The most consistent post-earnings themes – across demand, pricing, ma

Hyperion Group’s long-planned Boynton Beach apartment project got a jumpstart with a $108 million construction loan and an equity partnership with Silverstein properties.  The deal comes as South Florida’s multifamily market is feeling the sting from a supply overhang following hefty completions in

Better.com has launched a conversational credit decision engine that lets mortgage and home equity lenders run underwriting through ChatGPT using the company’s Tinman AI platform, the company announced Thursday. The integration, built with OpenAI using a Model Context Protocol (MCP) connector, allow

A new report from consulting firm Milliman concludes that the average 65-year-old should set aside $135,000 to cover high-intensity long-term care in the future. But averages can mask wide variation depending on gender, location and health.   Women face significantly higher costs than men — an avera

The National Association of Realtors said it does not set a national policy for “coming soon” listing statuses and leaves those decisions to local multiple listing services. “NAR respects the rights of individual brokers to make their own business decisions and does not comment on specific brokerage

"Today" show star Al Roker has given fans a glimpse into the gym setup inside his $6 million New York City townhouse, while revealing how he is recommitting himself to a fitness routine. The 71-year-old weatherman, who underwent a gastric bypass in 2002 and then a knee replacement surgery in 2023, t

Rapper Pitbull wants to build a headquarters for his Mr. 305 music company in Miami, The Real Deal has learned.  Pitbull, whose real name is Armando Christian Pérez, proposes the project on the site of one his childhood homes in the Wynwood neighborhood at 25 Northeast 28th Street. The two-bedroom,