Southwest Florida Real Estate News and Market Insight

M/I Homes is trading some margin for sales growth, speed, and market share. Pair that spec-heavy operating model with an asset-light finished-lot supply, and the returns could become considerably stronger. M/I Homes is making a contrarian bet at a time when much of the homebuilding industry is becom

Some New York City neighborhoods are much cooler than others, and it has nothing to do with air conditioning, a new study found. The Nature Conservancy nonprofit studied every neighborhood across the five boroughs for five years and found that those with limited tree coverage can experience temperat

Miami Dolphins owner and Related Ross CEO Steve Ross is passing the reins of his sports and entertainment portfolio to the next generation.  The 86-year-old billionaire and real estate titan tapped his son-in-law Daniel Sillman to lead the new parent company Ross Sports & Entertainment, which overse

A Brightline-affiliated entity that owns the retail space at MiamiCentral station was hit with a $65 million foreclosure lawsuit, as the separately owned passenger rail operator grapples with its own debt and profitability troubles. U.S. Bank represented two lender groups in suing Brightline Investm

Former "Rehab Addict" star Nicole Curtis has spoken out to defend herself after she was sued by the city of Detroit over failing to renovate an abandoned property that has been declared a "public nuisance." A lawsuit was filed on July 22 against Curtis, 49, and her company, Detroit Renovations LLC,

Harbor Group International beefed up its South Florida portfolio with a $109 million purchase of an over 500-unit apartment complex near Zoo Miami.  The deal, which marked a $2 million gain from the property’s 2021 price, comes amid a cooling multifamily investment market in the region amid higher c

Former nurse Lindsay Clancy spoke out loud in court for the first time since her murder trial began in Massachusetts—more than three years after she was accused of murdering her three children inside the family's home. Clancy, 35, has admitted to taking the lives of daughter Cora, 5, and sons Dawson

Meghan Markle may have turned one year older—but she proved that she's not lost her youthful energy when she kick-started her birthday by enjoying a personal pajama dance party inside the kitchen of her stunning California home. The mother of two, who celebrated her 45th birthday on Aug. 4, shared a

Mortgage applications declined last week, after the Federal Reserve issued a split decision on interest rates, according to the Mortgage Bankers Association. For the week ending on July 31, MBA's Market Composite Index—a measure of total mortgage loan application volume—dropped 2.9% on a seasonally

Prosper Group and European firm Versluys Group bought a condo development site on the Miami River in Brickell for $50 million.  They put the 1-acre lot under contract last year from Harvey Hernandez’s Newgard Development Group and Two Roads Development. The property was part of the sellers’ One Bric

Michigan's primary set the stage for an affordability fight in November, advancing candidates who made the cost of living a cornerstone of their campaigns. Abdul El-Sayed, the progressive former public health official, secured a narrow victory over U.S. Rep. Haley Stevens on Wednesday morning in the

Naples Children Foundation Invests $2 Million to Strengthen Southwest Florida’s Behavioral Health Workforce Innovative Registered Intern Workforce Pilot will expand clinical training opportunities, increase access to children’s behavioral health services and build a sustainable pipeline of licensed

Celebrity blogger Perez Hilton has been hospitalized in Florida after an incident at his Miami home, just a few weeks after he relocated back to the Sunshine State from Las Vegas in order to be closer to his loved ones. Police in Miami responded to multiple calls about a distressing livestream video

A confluence of factors, including housing shortages, job market shifts, and rising costs of living, has created a challenging environment for young adults looking to move out on their own. Because of this, according to the most recent Census figures, 33% of young adults aged 18-34 live with their p

Property Markets Group sued the condo association at the Elser Hotel & Residences, marking the latest dispute between them over control of the downtown Miami condo-hotel.  Last week, an affiliate of Miami-based PMG sued 398 NE 5th Street Condominium Association, the property management firm RealMana

Fannie Mae and Freddie Mac tightened their condo financing rules effective Monday, a move that will make it harder for buyers to secure conventional mortgages and refinancings in buildings lacking sufficient financial reserves.  Fannie Mae retired its mandatory PERS (Project Eligibility Review Servi

🏆 Residential: The priciest recorded home sale was in Bal Harbour. A trust purchased a condo at 10201 Collins Avenue from a company led by Jason Claxton for $14.5 million. The unit measures 4,000 square feet, pricing the transaction at $3,600 per square foot. The corner pad has three bedrooms, four

Recent changes to a popular federal grant program could help bring new housing to areas that need it most, a new Realtor.com® analysis shows. The 21st Century Road to Housing Act, the bipartisan housing bill that just passed into law, includes some tweaks to the Community Development Block Grant pro

JPMorgan Chase has announced that it would deploy more than $750 billion into the housing market over the next decade in a bid to create more affordable housing and make homeownership more accessible for Americans. The financial firm's American Dream Initiative aims to build or preserve 1 million af

Asian travelers' appetite for Europe remains resilient despite record-breaking heat, with spending in Northern Europe projected to increase.