Southwest Florida Real Estate News and Market Insight

Riviera Beach’s Planning and Zoning Board unanimously endorsed a massive mixed-use condominium project across the street from the Port of Palm Beach.   The board voted Thursday to recommend the rezoning of a 4.27-acre former boat yard at 1117 Broadway that will enable Boca Raton-based SobelCo to bui

The Senate Banking Committee will hold its first bipartisan housing markup in more than a decade, Chairman Tim Scott (R-S.C.) and Ranking Member Elizabeth Warren (D-Mass.) announced Thursday evening.The executive session, which will involve the consideration of the ROAD to Housing Act of 2025, will

Five Senate Democrats are raising concerns about the potential risks of using unconverted cryptocurrency assets in mortgage underwriting, urging the Federal Housing Finance Agency (FHFA) to tread carefully.In a letter addressed to FHFA Director Bill Pulte, the senators reacted to his social media po

The U.S. housing market is entering a new phase defined less by competitive bidding and more by financial stress and practical necessity, according to a second-quarter Bright MLS agent survey released Friday.The findings reveal a marked departure from previous years’ demand-driven trends, with both

Lennar proposes 125 townhomes in south Miami-Dade County, marking the homebuilding giant’s continued development in the area.  Miami-based Lennar wants to build the Century Parc Villas North complex on a 10.3-acre site at 35655 Southwest 192nd Avenue in unincorporated Miami-Dade, according to an app

Nearly two-thirds of retirees are dissatisfied with Social Security benefits, according to a new survey conducted by The Senior Citizens League (TSCL).The average monthly Social Security check reached north of $2,000 this year, according to the survey, with just 10% of the 1,920 respondents saying t

Don King averted a knockout punch to his real estate investments after selling a distressed Deerfield Beach warehouse for $11 million. The legendary 93-year-old boxing promoter, who lives in Boca Raton, sold the property for more than double what he owed on an allegedly delinquent mortgage.  An affi

Nearly two dozen members of Congress recently sent a letter to Bill Pulte, director of the Federal Housing Finance Agency (FHFA), that supports his decision to accept VantageScore 4.0 credit scores for mortgages purchased by Fannie Mae and Freddie Mac.The lawmakers, led by Rep. Mike Flood (R-Neb.),

Another merger and acquisition deal has hit the housing industry. Real estate and mortgage intelligence provider InGenius announced Wednesday that it has acquired SIMPL, a recruitment platform designed to support retail mortgage branch managers, and it has incorporate it into its existing data tools

The National Association of Realtors (NAR) has named Leslie Nettleford-Freeman as its new associate general counsel and vice president of legal affairs and brand protection. In her newly created role, she will focus on strengthening the organization’s trademark defense and intellectual property stra

Barry Habib, the founder and CEO of MBS Highway and a go-to source for mortgage industry predictions, has been named to Fannie Mae‘s board of directors.A recent filing with the Securities Exchange Commission (SEC) confirmed that Habib had been appointed to the board effective July 21. “The appointme

Foundry Commercial and a real estate fund bought a 10.2-acre parking lot in Pompano Beach for $23.1 million, with plans to develop a pair of warehouses.  Orlando-based Foundry and a fund advised by Dallas-based Crow Holdings Capital bought the site on the northwest corner of Northwest 33rd Street an

Tyler Cameron rose to fame on the hit dating show, “The Bachelorette,” and now he’s throwing his hat into the real estate sales ring. Cameron joined Serhant’s Jupiter office, the firm announced earlier this week. State records show he is now a fully licensed broker. While he is a newbie agent, he is

"Unlike Thailand, Cambodia has fewer policy tools ... to cushion the blow," says Sreeparna Banerjee, associate research fellow at Observer Research Foundation.

Representatives from the two sides will be meeting again later this year in India to discuss about border issues, said India's Ministry of External Affairs.  

Century 21 Real Estate has added a new affiliate in the Baltimore area. Advance Realty Bel Air is now operating as Century 21 Advance Realty.Founded in 2005 by Terry Berkeridge, the brokerage was acquired in 2020 by Patrick Campbell, who originally joined the company in 2009. Campbell, a longtime sa

MoxiWorks has promoted Dave Greenbaum to chief customer officer, a newly established executive role that will oversee the companyh’s customer experience strategy.Greenbaum, who previously served as vice president of customer engagement, will report to CEO Eric Elfman.His expanded responsibilities in

Lamacchia Realty has opened its first Rhode Island office following the acquisition of Tirrell Realty, a longstanding brokerage based in Riverside, Rhode Island.The deal marks Lamacchia‘s 11th acquisition in New England over the past two years and expands its footprint in the Providence-area housing

In today’s report, new home sales fell short of sales estimates and experienced negative sales revisions, while inventory levels increased, which explains why residential construction is in a recession. However, today’s data doesn’t indicate a crash in new home sales. Instead, it highlights my conce

Ω Masoud and Stephanie Shojaee secured more time to obtain a master building permit for Shoma Bay, a delayed condo tower planned in North Bay Village.  “Right now I am spending my own cash and giving the money for the project,” Masoud Shojaee, CEO of Coral Gables-based Shoma Group, told commissioner