Southwest Florida Real Estate News and Market Insight

Pittsburgh officials voted in December to pursue eminent domain against a troubled senior housing complex, putting a spotlight on a legal tool that allows governments to take private property for public use—and the potentially serious consequences it can have for homeowners. The Homewood House compl

Federal Reserve policymakers have put further interest rate reductions on hold following three consecutive cuts, defying pressure from President Donald Trump to reduce borrowing costs. Fed Chair Jerome Powell joined the 10-2 majority on the Federal Open Market Committee to vote in favor of leaving t

Goddard Investment Group is looking to make a whopper of a land deal.  The Atlanta-based firm led by CEO Robert Goddard listed 80 acres with mixed-use development entitlements in Palmetto Bay, a news release states.  The waterfront site at 17777 Old Cutler Road, which once housed fast food giant Bur

Former reality TV star Spencer Pratt has opened up about his decision to run for mayor of Los Angeles, revealing that he reluctantly turned to politics after losing his home in the deadly Palisades wildfire a year ago. "I never wanted to be mayor," Pratt said during an interview with "Fox & Friends"

Florida and Indiana lawmakers are advancing similar proposals to stop local governments from creating land-use restrictions that stifle construction of smaller starter homes. Florida's Senate Committee on Community Affairs voted Senate Bill 948 out of committee Tuesday night, while at the same time,

Real estate tycoon Barbara Corcoran has revealed the one rule she follows when she is buying homes—explaining how it has helped her ensure she "can always sell" a property later down the line. The 76-year-old "Shark Tank" star and Corcoran Group founder made a career buying and selling real estate f

A new wave of employer perks could double the value of your child’s “Trump Account.” Bank of America, JPMorgan Chase, and Intel announced this week they’ll match the federal government’s deposit into the newly created accounts, giving eligible employees’ children a $2,000 head start. Billed as a “ju

Southwest Airlines replaced open seating with assigned seats after more than 50 years.

Rita and Laurence Sibrack pose in front of select pieces. Photo courtesy of The Baker Museum Inspired in part by what they experienced at the inaugural exhibition of Dale Chihuly masterpieces while visiting The Baker Museum in 2000, Laurence and Rita Sibrack made the decision to retire to Naples. Tw

The Member’s Club and Great Lounge. Photo courtesy of The Carnelian Hotel Sterling’s Club, an exclusive private members club housed within The Carnelian, will debut in early 2027 alongside the luxury hotel, bringing world-class amenities, cultural programming, and a vibrant social hub for members an

A luxury penthouse buyer sued Terra and Russell Galbut alleging a bait-and-switch amenity offering at their 48-story Five Park condo tower in South Beach. Former hedge fund portfolio manager Jay Newman, as trustee for the Jay H. Newman trust, alleges the development entity failed to make short-term

Bridgeton Holdings is making a South Florida hospitality play by picking up a Miami hotel that stands to draw scores of soccer fans as guests in the coming years.  An affiliate of New York-based Bridgeton, led by Atit Jariwala, paid $67.5 million for the Sheraton Miami Airport Hotel at 3900 Northwes

Mortgage applications decreased 8.5% for the week ending Jan. 23, according to the Mortgage Bankers Association. This includes an adjustment for the Martin Luther King Jr. federal holiday. The decrease comes after several weeks of home loan demand rising, but aside from the federal holiday, mortgage

🏆 Residential: The top home sale recorded in South Florida was in Miami Beach. Alan and Nancy Manocherian parted with a condo at 800 South Pointe Drive for $14.8 million. Alan Manocherian is part of the Manocherian New York real estate family, and Nancy Manocherian founded a theater incubator calle

Las Vegas could face a downturn in international tourism from Europe over rising tensions between the United States and European countries, experts say—just weeks after Sin City's housing market showed strong signs of a comeback. The Nevada hot spot has already seen a significant decline in tourism

For decades, the explosive growth of the American West—and Arizona in particular—was made possible by a steady supply of cheap water. But now, that foundational resource is under threat as flows from the Colorado River dwindle and the rules that govern its use are set to expire. Roughly 36% of Arizo

A disgraced billionaire-turned-convicted-fraudster's lavish Gilded Age mansion has undergone a $14 million price cut after he was found guilty of scamming "his loyal followers" out of more than $1 billion to fund his extravagant lifestyle. Miles Guo, an exiled Chinese businessman, who is also known

The Montana bipartisan property tax reform that resulted in lower bills for nearly 80% of homeowners there and a $400 rebate is headed to court, after three Republican state lawmakers filed suit last week against one of the two bills responsible for relief. The plaintiffs—Senate Taxation Committee C

Virginia’s housing affordability earns a B-, according to the Realtor.com® State-by-State Housing Report Card. But a new bill moving through the state legislature could raise that grade by unlocking access to one of the most overlooked forms of affordable housing: manufactured homes. Despite offerin

Ellen DeGeneres has further fueled rumors of a return to the U.S. following her move to the U.K. after celebrating her 68th birthday in what appears to be her new $27.4 million California mansion. The comedian marked the special day on Jan. 26 alongside her wife, Portia de Rossi, but noted that the