Southwest Florida Real Estate News and Market Insight

Longbridge Financial, one of the nation’s leading reverse mortgage lenders, on Tuesday announced the hiring of Azita Guzzo as its new head of technology innovation. Guzzo will fill a newly created role at Longbridge. She’s being tasked with the development of advanced technology solutions for enhanc

Ex-Miami real estate broker Stephen Manuel Costa is going to federal lock-up for his role in orchestrating a $78 million illegal prescription drug racket. Costa and his wife Annie Gonzalez, a Miami dermatologist with a regular segment on a Telemundo morning show, must also forfeit their five-bedroom

Compass is closing out July with another acquisition. The brokerage announced Tuesday that it has acquired Charlotte, North Carolina-based independent brokerage Cottingham Chalk. The financial terms of the deal were not disclosed. The company had previously been affiliated with the Leading Real Esta

Amid increasing levels of mortgage fraud, the FBI has renewed a warning to Americans about an app that could trick victims into losing their entire banking, savings, retirement or investment accounts.The FBI first issued a public service announcement on the Phantom Hacker scam in September 2023. But

United Airlines and the flight attendants' union had reached a tentative agreement for a new labor deal in May.

Down Payment Resource (DPR) on Tuesday released its Q2 2025 Homeownership Program Index report. It found that 45 new down payment assistance programs launched in the second quarter, bringing the total number of available programs in the U.S. to 2,554 and the number of program providers to 1,340.The

Avanti Way Realty launched a cryptocurrency division, led by longtime Bitcoin real estate agent Erik Mendelson, The Real Deal has learned.  The Doral-based brokerage is looking to train agents and help clients handle real estate transactions involving cryptocurrencies such as Bitcoin, Ethereum and T

Compass and Northwest MLS (NWMLS) are continuing their war of words.Since Compass filed its antitrust suit against the NWMLS in April, alleging that the MLS’s rule requiring listings to be entered within 24 hours of public marketing and prohibiting office-exclusive listings is anticompetitive, the t

CEO Jason Liberty told CNBC the cruise company is adapting to take advantage of evolving consumer preferences.

A partner in a Four Seasons Bahamas project is alleging that he was sidelined by South Florida luxury developer Two Roads Development, as the firm continued to benefit from the work he put into the high-end condo complex.  Roger Stein, a Delray Beach resident and attorney who has established profess

Change in real estate is constant. However, 2024 and 2025 haven’t just been about change; they’ve been about disruption. From commission lawsuits to housing market volatility, shifting consumer expectations, and the evolution of buyer representation, our industry has been tested at every level. The

After six deferrals and one meeting cancellation, the Miami City Commission voted to move forward with how it plans to allocate the funds from the pending sale of city land on Watson Island to David Martin’s Terra and ESJ Capital Partners.  In November, 62 percent of voters approved a charter amendm

Boeing slashed its quarterly losses as sales jumped after it delivered the most airplanes since 2018.

A waterfront home in Boca Raton topped signed luxury contracts in Palm Beach County last week.  Buyers signed nine contracts between July 21 and July 27 for luxury properties in Palm Beach County, according to a market report from Douglas Elliman’s Eklund-Gomes team. The homes that went pending last

 Miami-Dade County’s condo sales and dollar volume rose last week, fueled by two pricey closings in Four Seasons Residences at the Surf Club.  Brokers closed 88 condo sales totaling $110.8 million from July 21 to July 27. That’s up from 85 deals totaling $89.2 million the previous week. Last week’s

Anthony Hsieh is back in the CEO role at loanDepot — the company he founded in 2010 — on a permanent basis. His focus will be on returning the mortgage lender to profitability and regaining market share, the company announced on Monday. Hsieh stepped down as CEO in April 2022 and was succeeded by in

The LGBTQ+ Real Estate Alliance has regained control of its financial accounts one month after former CEO Ryan Weyandt seized the accounts, after ruling by U.S. District Court Judge Eric Tostrud of Minnesota on Friday. Weyandt seized the accounts after allegations surfaced that the trade group had f

A California wildfire recovery bill will be shelved until 2026, after a torrent of online conspiracy theories and confusion overwhelmed public discussion and policymaking, the Los Angeles Times reported. State Sen. Benjamin Allen (D-Santa Monica) announced that he would pause S.B. 549 — legislation

Crow Holdings picked up a 376-unit apartment complex in Davie for $97.5 million, marking a pickup of multifamily investment sales in South Florida.  Dallas-based Crow bought the 33 West property at 6300 Southwest 24th Place from New York-based commercial real estate investment manager Clarion Partne

A partnership between Amit Kort and Ofir Gabriel is adding a Live Local Act sweetener to an Edgewater site that’s on the market with a new asking price of $34 million.  The city of Miami recently approved plans for the joint venture, Tulip Developments Group, to build a 47-story tower with 499 apart