Southwest Florida Real Estate News and Market Insight

Buyers are pulling out of purchase contracts at an alarming rate — reaching an eight-year high in July. HousingWire spoke to several lenders about how they are tackling the problem on the front end to prevent contracts from going south. Experts say the surge in collapsed deals stems from soaring hom

“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics.  Summer is typically the slowest time for local sports, with just one of the area’s big league teams actively competing, and the Miami Marlins once again experiencing a “rebu

Harry Gross’ G-Holdings is seeking to downsize an Aventura mixed-use project planned by another developer, alleging it would hurt his own condo-hotel development on an adjacent site.  An affiliate of New York-based G-Holdings is suing the city of Aventura and the developer of Cassa Residences to und

A worker died after suffering a “traumatic injury” at Bal Harbour Shops’ construction site, authorities confirmed. Miami-Dade Fire Rescue crews responded to a medical call at about 11:45 a.m. Thursday near the 9800 block of Collins Avenue in Bal Harbour, removing the patient from a “confined space”

R&B Realty’s Hail Mary effort to retain ownership of Gateway at Wynwood failed.  Two affiliates of R&B Realty, led by Aron Rosenberg, were unable to refinance a delinquent $112.9 million mortgage by an Aug. 22 deadline, filings in New York federal bankruptcy court show. San Diego-based Cire Equity,

Mortgage lending increased in the second quarter 2025, with nearly 1.76 million residential loans issued nationwide, according to ATTOM’s quarterly mortgage origination report. It was the first time since 2021 that the second quarter saw an annualized increase. The total number from April through Ju

MMG Equity Partners scored site plan approval and $6 million in tax incentives for its planned Residences at Plantation Square. The eight-story, 307-unit multifamily project at 8190 West Sunrise Boulevard is part of MMG’s 10.4-acre Plantation Square mixed-use development. The Plantation City Council

Americans are sharply divided over the nation’s economic outlook, interest rates and the housing market, according to a new survey from Realtor.com. The poll found 42% of respondents expect the economy to worsen in the next 12 months. That view was strongest among baby boomers — with half predicting

More than a year ago, New American Funding (NAF) launched a new marketing campaign that’s designed to inject a fresh attitude into how consumers view reverse mortgage products. Unlike NAF’s multimillion-dollar forward mortgage campaign, “Hell Yeah You’re Buying a Home,” which was announced last mont

MetLife Investment Management and MDM Group scored a $79.3 million refinancing for their 357-key JW Marriott Marquis Miami.  Madison Newbond, a hospitality financing arm of Madison Realty Capital and Newbond Holdings, provided the loan for the 41-story hotel at 255 Biscayne Boulevard Way in downtown

The Federal Housing Finance Agency (FHFA) signed off on Rocket Companies’ acquisition of Mr. Cooper Group but imposed a 20% cap on Fannie Mae and Freddie Mac servicing exposure — leaving analysts split on what comes next.  BTIG analysts Eric Hagen and Jake Katsikas estimate Rocket controls $400 bill

Texans Credit Union launched its first-time homebuyer program on Thursday, introducing three new loan options to spur home purchase activity. The three loan options include: Low down payment mortgages that require as little as 3% down. Flexible-rate loans The “Home Extra 105” package, which finances

With the implementation date for Financial Crimes Enforcement Network’s (FinCEN) Anti-Money Laundering Regulations for Residential Real Estate Transfers fast approaching, Fidelity National Financial (FNF) and its subsidiaries are asking the court to take action in its lawsuit over the rule.  Filed i

Minority investors in the NBA‘s Phoenix Suns have filed a lawsuit against the team and its majority owner, Mat Ishbia. They allege being denied access to internal records, including those tied to the funding of a practice facility. The lawsuit, filed on Aug. 21 in the Delaware Court of Chancery, com

Federal Reserve Governor Lisa Cook filed suit against President Trump in a federal court in Washington, D.C. on Thursday. The lawsuit follows Trump’s announcement on Monday that he was attempting to fire Cook over allegations she committed occupancy fraud by designating two different properties as h

Resia relinquished development of the Palmetto Station apartment complex in Medley to a real estate group that is enlarging the project to 1,152 units, The Real Deal has learned.  Jose Gonzalez of GLC Real Estate, Ivan Herrera of Unicapital Asset Management Group and Alex Lastra of Desarrollo are no

Top-producing real estate agent Mary Bee has affiliated with Coldwell Banker Realty’s office in Burlingame, Calif., the company announced. She was previously affiliated with RE/MAX Capital in San Mateo. In 2024, Bee closed 27 transactions totaling more than $74.2 million in sales volume — and has su

Homebuyers remained hesitant in July, despite the slight decrease in mortgage rates and uptick in inventory, according to the National Association of Realtors’ (NAR) Pending Home Sales Index released Thursday.  Nationwide, the index fell to a value of 71.7, down 0.4% from June. On an annual basis, h

Miami’s skyline — dotted with sleek towers and older mid-rise buildings from Sunny Isles Beach to downtown Miami — reflects the variation found in the current condo market. Not all buildings are created equal.  Some command record-breaking prices and quick sales, while others see slower activity or

Broward County’s condo sales and dollar volume rose last week. Brokers closed 94 condo sales totaling $24.1 million from Aug. 18 to Aug. 24. That’s up from 42 condo sales totaling $19.6 million the week prior. Last week’s units sold for an average of $256,271, lower than the $465,448 average price f