Southwest Florida Real Estate News and Market Insight

Broker Public Portal (BPP) — the industry-led home search initiative backed by real estate brokerages and MLSs — announced that Doorify MLS has joined as its newest strategic investor.Based in Cary, North Carolina, Doorify MLS serves nearly 15,000 real estate professionals across 16 counties in the

eXp Realty has rolled out a new initiative that allows its agents to choose from multiple customer relationship management (CRM) systems, marking a shift in the company’s approach to technology offerings.The program, called CRM of Choice, offers agents the option to select one of three platforms — B

Billionaire Steve Ross is buying a stake in the Miami Open, marking the real estate mogul’s continued investment in South Florida sports.  The 85-year-old is nearing a deal for a 45 percent ownership of the tennis tournament, according to Front Office Sports, a publication focused on the business of

If you are familiar with ThePLS.com’s original antitrust suit filed in 2020 against the National Association of Realtors over NAR’s Clear Cooperation Policy (CCP), reading the new suit filed Tuesday might give you déjà vu. In its 31-page complaint filed in U.S. District Court in Los Angeles, the PLS

A trio of real estate heavyweights closed on the remaining units at an aging condo complex in Sunny Isles Beach for $131.8 million, after more than a decade in the making.  The Pérez family’s Related Group, Gil Dezer’s Dezer Development and Isaac and Liat Toledano’s BH Group completed the bulk purch

Senate Republicans on Tuesday advanced President Donald Trump’s sprawling “Big Beautiful Bill” in a last-second flurry that required Vice President JD Vance to cast a tie-breaking vote.All 47 Senate Democrats voted against the bill, with Republicans Susan Collins, retiring Thom Tillis and Libertaria

HousingWire is excited to introduce the winners of its annual Women of Influence award, recognizing 100 women whose achievements are driving the housing industry forward. Now in its 16th year, the award honors leaders across mortgage, real estate and fintech who are making a measurable impact on the

Mortgage rates have eased slightly in the past week, a welcome sign for housing professionals and their clients. With the summer home-buying season in full swing, the question is whether they’re at a low enough level to keep activity flowing through the Labor Day weekend.On Tuesday, data at HousingW

A company tied to Enrique Iglesias added to his and his partner, retired tennis star Anna Kournikova’s compound in Miami’s Bay Point.  Records show an entity led by Iglesias’ financial manager, Juan Carlos Sanchez, paid $6.5 million for the 4,350-square-foot, five-bedroom, four-and-a-half-bathroom h

Argyle, a service provider automating income and employment verifications, recently announced the availability of verification of assets (VOA) powered by Mastercard’s open finance technology. A release from Argyle says that the expanded offering allows lenders to confirm borrowers’ balances, cash-to

Palm Beach County’s buyers are on summer vacation, and they’re signing fewer contracts for luxury homes. Buyers signed just seven contracts between June 23 and June 29 for luxury properties in Palm Beach County, according to a market report authored by the Eklund-Gomes team at Douglas Elliman. Last

Miami-Dade County’s condo sales and dollar volume plunged last week, following a mid-month market surge.  Brokers closed 84 condo sales totaling $60.1 million from June 23 to June 29. The previous week, brokers closed 135 condo sales totaling $122 million.  Last week’s units sold for an average of $

Those who can’t ball anymore, make it their logo. Raanan Katz loves basketball and shopping centers. But the 89-year-old Israeli-born retail investor is no longer NBA material. Instead, up and down Collins Avenue in Sunny Isles Beach, his logo’s basketball swishes through a 2-D net on the facades of

Jon Paul Pérez assumed that he would start working at his father’s company, the Related Group, shortly after graduating from college.  It made sense. He spent summers interning at Related, and though he got good grades, he also enjoyed himself. “It wasn’t like I was focused on figuring out my career

If you want to know if the South Florida housing market is doing okay, a Magic 8 Ball might give you as clear an answer as a panel of local industry experts.  “Without a doubt,” you’ll see one minute. “As I see it, yes.”  “Reply hazy, try again,” comes next. Then: “Don’t count on it.” […]This articl

Developer Michael Stern’s JDS Development Group notched a major win with the upzoning of a property in South Beach, where he plans a bayfront luxury condo tower next to the Monad Terrace project he built.  Miami Beach commissioners on Friday granted final approval to zoning amendments and a developm

Terra and Frisbie Group paid $20.9 million for a Palm Beach Kennel Club site planned for a 400-unit apartment complex, marking the first phase of their redevelopment of the former dog track.  Coconut Grove-based Terra, led by David Martin, and Palm Beach-based Frisbie bought a 16-acre site at the ke

Miami Beach commissioners granted final approvals to the Meruelo family and David Martin for the Deauville Beach Resort property, concluding a long and controversial effort to redevelop the oceanfront site.  The approvals came at the end of a five-hour special meeting held on Friday to address the D

Out-of-state retirement home operator Garden Healthcare took its first dip into South Florida, acquiring a Miami-Dade County facility for $24 million. Two affiliates of Columbus, Ohio-based Garden Healthcare, led by Barry Braunstein and Samuel Feuer, acquired the 66-acre Eastridge at Cutler Bay at 1

A private equity investor found a buyer for his condo asking $19.8 million at the Four Seasons-branded development in Surfside, leading the Eklund-Gomes report.  Buyers signed 14 contracts for luxury properties in Miami-Dade County between June 23 and June 29, according to the report, which tracks l