Southwest Florida Real Estate News and Market Insight

At his Douglas Enclave apartment building in Miami’s Little Havana, developer Henry Torres cut rents for some of the 199 units. Yet, his bottom line took no hit.   After completing the project in 2023, Torres decreased annual rates by an average of $3,000 and recouped the loss through a roughly $4,5

Rapper 50 Cent has revealed new insight into the demise of his former rival, Sean "Diddy" Combs, in a new Netflix documentary that includes footage of the disgraced rapper taken just days before his September 2024 arrest. 50 Cent, 50, whose real name is Curtis James Jackson III, has been embroiled i

Many homeowners who managed to snag mortgage rates well below today's levels are staying put to avoid sharply higher monthly payments—and some of the nation's priciest markets are feeling the strain of this deepening "lock-in effect." Nationally, the typical U.S. mortgage holder pays about $1,300 in

Federal Reserve officials are beginning their December meeting to set interest rate policy, with policymakers sharply divided on the correct path forward. Fed Chair Jerome Powell may wield a decisive voice when the 12 members of the Federal Open Market Committee vote on a new benchmark interest rate

An oceanfront Palm Beach compound located just outside the security zone that surrounds President Donald Trump's Mar-a-Lago estate has hit the market for an eye-watering $97.5 million. It features a staggering three separate abodes that now make up the "extraordinary" estate. The 1.07-acre property

Home design network HGTV has named a small Nevada "ghost town" as one of the best places to visit in the U.S. during the holiday season to experience a true winter wonderland. The network, which is best known for its glossy home renovation content, released its list of "50 Favorite Small Towns to Vi

The oldest home in Indianapolis has come to the market for $400,000—more than 200 years after it was built as part of a sprawling 240-acre family farm. Built in 1820, the four-bedroom brick dwelling is known as the William Sanders Home, named for the man who crafted the property when the state of In

HGTV has unveiled its 2026 dream home—an "ultimate lakeside retreat" that is "nestled" on a prime piece of waterfront land in North Carolina and will be given away to one lucky winner in the network's annual sweepstakes. The newly built dwelling is situated on Lake Wylie and comes complete with pano

Move over "Sex and the City," there's another stoop that can boast movie stardom. An Upper East Side townhome is under contract after being listed for $12.5 million. What makes the property special? The exterior was used in the 1961 film "Breakfast at Tiffany's." The turn-of-the-century property is

When Thomas Wright entered the real estate world in 1999, he did so without a grand strategy — but with a deep sense of connection to people and place. “I was at a juncture in my life when I could have gone the commercial route or residential, and the residential was just felt like a real calling fo

Crescent Real Estate bought the Ryder Colonnade office building in Coral Gables for $70.4 million, marking a 13 percent discount from its price over a decade ago.  Fort Worth, Texas-based Crescent bought the 11-story building at 169 Coral Way from AEW Capital Management, according to records. The bu

Crescent Real Estate bought the Ryder Colonnade office building in Coral Gables for $70.4 million, marking a 13 percent discount from its price over a decade ago.  Fort Worth, Texas-based Crescent bought the 11-story building at 169 Coral Way from AEW Capital Management, according to records. The bu

Optimal Blue announced on Monday that it has promoted Lanny Rogers III to chief financial officer and Jeremy Moreno to chief revenue officer. Rogers, a certified public accountant, will oversee financial planning, forecasting and capital allocation as the company expands. He joined Optimal Blue in 2

Former "Today" show host Hoda Kotb has proudly unveiled the impressive Christmas tree that she and her two daughters set up inside their suburban New York home, as they prepare to celebrate their first festive season since the TV star quit the popular morning show. Kotb, 61, moved to the $2.9 millio

Rents for both multifamily and single-family built-to-rent units moved sideways over the last year. Still, rents in most major Sun Belt markets are down annually due to a glut of new housing, according to the latest Yardi Matrix National Multifamily Report.  Meanwhile, rental growth is typically the

The world's millionaires and billionaires are increasingly on the move—and private health care costs are playing a growing role in where they choose to live, a new report finds. New client data released Monday by investment migration consulting firm Henley & Partners shows that international wealth

After federal housing leaders issued a request for information in October about the future of two key reverse mortgage programs, the National Reverse Mortgage Lenders Association (NRMLA) weighed in last week with a detailed list of suggestions. The trade group issued an 11-page letter to the U.S. De

The ROAD to Housing Act wasn’t included in the National Defense Authorization Act (NDAA) released on Sunday, despite speculation that it might sneak in as an attachment to the more urgent priority $900 billion defense spending bill.  Still, the bipartisan housing legislation, which enjoys widespread

Billionaire hedge fund founder Ken Griffin has completed his transition from Chicago to Miami, with the final condo in his Windy City real estate portfolio now under contract. A full-floor duplex penthouse at Park Tower, a luxury condo complex at 800 N. Michigan Ave., has been sold, Griffin's spokes

Nashville, one of the fastest-growing Sun Belt cities over the past decade, has been working to address the housing affordability issues that accompanied its massive economic development. Confronted with a shortage of nearly 90,000 homes, the Nashville Metro Council made its most significant move si