Southwest Florida Real Estate News and Market Insight

While inflation is tapering, it still remains elevated, standing at 2.4% in January, according to the latest Consumer Price Index. The same goes for mortgage rates, which have been steadily declining and currently stand at 6.01% for the week ending Feb. 19, hitting their lowest level since September

For months, some affluent New Yorkers warned they would leave if progressive policies took hold at City Hall. With Zohran Mamdani now mayor and debate intensifying over a possible city wealth tax or property tax increase, early market data shows no sign of a luxury exodus. Instead, Manhattan’s top t

Illinois Gov. JB Pritzker wants to see statewide zoning reforms to help encourage the construction of more homes. Pritzker unveiled a new initiative, "Building Up IL Developments" or BUILD, as he unveiled a new $56 billion state budget. That plan calls for modernizing building codes statewide to mak

Related Ross scored a $157 million construction loan for Shorecrest, his second condo project in West Palm Beach. The firm, headed by billionaire Steve Ross, landed the loan from Steven Tananbaum’s GoldenTree Asset Management, which also contributed to the $600 million construction financing for Ros

FirstHome IQ, a nonprofit focused on first-time homebuyer education and financial literacy, announced Thursday that it’s teaming up with the Mortgage Bankers Association to bring a coalition of loan officers to Washington, D.C., for the MBA’s National Advocacy Conference in April. The initiative aim

A full-floor penthouse nestled high atop the Flatiron House, surrounded by spectacular views of Manhattan, just hit the market for $12.5 million. Offering 3,228 square feet of luxurious space, the modern residence built in 2021, and designed by Cookfox Architects, also boasts a multilevel loggia. "T

A jury handed down a nearly $8.7 million verdict in a shoddy construction lawsuit over a Dania Beach apartment building, though an attorney in the case said claims had already settled during the trial.  A Broward County jury determined AHS Development Group and Resia Construction were negligent and

As John Lennon sang, “life is what happens to you while you’re busy making other plans.” It’s a beautiful sentiment, but it’s also a bit of a warning. Prospective homebuyers, in particular, might want to take heed.  When you’re preparing to buy a home and apply for a mortgage to help pay for it, no

Microsoft billionaire Bill Gates has found a buyer for the charming home next to his sprawling Xanadu 2.0 dwelling—just six days after listing the property for $4.8 million. The 70-year-old Microsoft founder put a four-bedroom, 2.5-bathroom Medina, WA, abode on the market on Feb. 5, 2026, property r

The Real Brokerage has added Bachman Realty Group — a 65-agent team serving the Dallas–Fort Worth and Houston metro areas. Led by Tiffany and Greg Bachman, the team closed 650 transactions in 2025 totaling $245 million in sales volume, according to the company. The group joins Real from Fathom Realt

For more than a decade, the HousingWire Rising Stars award has recognized professionals ages 40 and under who are driving measurable impact across housing. Since being named a 2025 Rising Star, Leah Sommerville has expanded both her leadership scope and her industry influence — transitioning into a

REMAX has made some changes to its leadership team. On Wednesday, the company announced the promotion of Chris Lim to president of REMAX.  He will continue to serve as the firm’s chief growth officer. Prior to this promotion, Lim had served as REMAX’s executive vice president and chief growth office

As housing costs remain elevated across the country, winter weather, particularly along the East Coast, has shed light on a growing vulnerability for homeowners: gaps in home insurance.  Unfortunately, home insurance hasn’t kept up with increasing home values and rebuild costs, despite premiums incr

Rate announced Thursday that it added seven loan officers from Movement Mortgage in December 2025, a move the Chicago-headquartered Rate characterized as a “significant wave of competitive talent acquisition momentum to close out the year.” The loan officers who joined Rate are Gabriel Carter of San

An iconic Miami Beach hotel attached its brand to a supertall condominium that PMG is developing next door to its under-construction Waldorf Astoria Hotel & Residences. The planned Delano Residences Miami marks the first branded condo project for the hotel, according to a news release. Slated for th

Mortgage rates plummeted Thursday to their lowest level since September 2022 following a drop in the 10-year Treasury yield triggered by a cooler-than-expected January inflation reading and a relatively strong jobs report.  The average rate on 30-year fixed home loans fell to 6.01% for the week endi

Pending home sales in January decreased by 0.8% from the prior month, according to the National Association of Realtors® Pending Home Sales Report. That's a 0.4% year over year. Month over month, the number of homes under contract increased in the Midwest and West but declined in the Northeast and S

To see our latest updates on the Nancy Guthrie case, please click here. Law enforcement has insisted there is no indication that Nancy Guthrie has been taken over the U.S.-Mexico border, as they assured the public the case would not go cold as the search enters its 19th day. Officials told NBC News

Nicholas Mastroianni II cashed out of a portion of the waterfront Harbourside Place mixed-use complex in Jupiter for $57.6 million.  Voloridge, a data science, investment management and health care tech firm that’s headquartered at Harbourside Place, bought the properties at 110 and 115 Front Street

Two mansions in Boca Raton’s most expensive neighborhood topped Palm Beach County signed contracts this week.  Buyers signed 34 contracts between Feb. 9 and Feb. 15 for luxury properties in Palm Beach County, according to Douglas Elliman’s Eklund-Gomes team. The homes that went pending last week tot