Southwest Florida Real Estate News and Market Insight

Today the 10-year yield hit a yearly high of 4.74% and mortgage rates rose six basis points to 6.83% (as of this writing), as all the Federal Reserve hawks came out to play, and they were not taking a page from Fed Chair Kevin Warsh’s playbook. They want their voices heard loud and clear — and they

Intercontinental Exchange Inc., the operator of the New York Stock Exchange (NYSE) and parent company of ICE Mortgage Technology, reported its strongest quarterly mortgage business performance in four years during the second quarter of 2026. While reporting a profitable quarter, the company also ann

A homeowner recently asked me to review a listing presentation prepared by another real estate agent. It was impressive. The pricing analysis was organized, the marketing plan included video, social media and buyer targeting, and the language was polished throughout. A few years ago, a presentation

Smart home security was designed to keep burglars out, but it's increasingly being used to keep tabs on potential buyers—creating a tense new dynamic in the real estate market. Almost three-quarters (72%) of recent homebuyers say they have either seen or suspected cameras, microphones, or recording

An ongoing feud between loanDepot and NEXA Lending was brought to light again this week through a social media posst authored by NEXA CEO Mike Kortas, which urges loanDepot loan officers to join NEXA. In the post, which begins with the line “Attn: Loan Depot Loan Officers,” Kortas offered a year of

Mortgage rates continued their upward momentum this week, as the average rate on 30-year fixed home loans hit 6.66% for the week ending July 30, up 8 basis points from 6.58% the previous week, according to Freddie Mac. This marks the highest average rate in one year. Despite this notable surge, curr

The Alexander family’s Kent Security is looking to collect on unpaid bills, and its latest target is developer Michael Stern.  North Miami Beach-based Kent, which is owned by Orly and Shlomy Alexander and Orly’s brother Gil Neuman filed a lawsuit this week against Stern for $127,697.64, plus prejudg

If you've ever wanted to live in a dramatic dwelling with bold design, perched on the edge of unsurpassed views, here is your chance. Whether you're looking for a serene retreat in the mountains or prefer a glass-enclosed mansion overlooking the city, a cantilevered home might be just what you are l

Kimco Realty went on a $109 million grocery-anchored shopping spree in Broward County, picking up a pair of retail centers from KPR Centers. The Jericho, New York-based real estate giant dropped $56 million for Sunshine Plaza in Tamarac and $53 million for Pompano Marketplace in Pompano Beach, recor

Full-time Nantucket residents are growing tired of the influencer wave. John Sylvia, owner of a nearly century-old antiques and crafts store on the island, made that clear earlier this summer when he displayed a handmade sign in his shop that read “No Influencers.” As Nantucket has grown more popula

A Davie woman pleaded guilty for her role in a $6.6 million insurance fraud con and will serve nearly four years in prison, ending the unraveling of a massive scheme that spanned South Florida and the rest of the state.  Lisette Patricio, 64, was sentenced to three years and nine months followed by

🏆 Residential: Fort Lauderdale had the priciest home sale recorded in South Florida. A company managed by Michael D. Snyder, founder and CEO of MDS Energy Development, parted with the home at 340 San Marco Drive for $9.5 million. The buyer was a company tied to Margaret Yu and Thomas Lee. The prope

More than 1,000 public schools across 700 communities closed last year, according to new data—shuttering a prized neighborhood amenity and potentially putting nearby home values at risk. Just ask Virginia Morris. She and her family moved to their neighborhood in Oro Valley, AZ, because they saw the

The AI boom over the last few years has created a new class of exceedingly wealthy technology innovators, investors and employees. Compounded with a bullish stock market and IPOs like SpaceX sending employees into affluence within days, it comes as no surprise there’s increasing demand for complex,

In real estate, title insurance and mortgage lending, technology keeps transactions moving. Production platforms, email, cloud applications and networks must operate reliably and securely, often under significant time pressure. For many small and mid-sized organizations, managing that environment en

For decades, the mortgage industry has focused on helping consumers buy and refinance homes. It’s where lenders have built their businesses, where technology has evolved and where most originators have spent their careers. But that’s only half the market. Every day, homeowners move into a new phase

Recently, a woman contacted me after her daughter encouraged her to get a second opinion before closing on a reverse mortgage. She had already chosen a lender, attended reverse mortgage counseling, completed her application and was ready to move forward. She simply wanted someone to review the numbe

“The word I hear most often about the Haitian community right now is 'panicked,'” Michael E. McClelland, a longtime Springfield resident, tells Realtor.com®. In recent years, the Ohio city had begun gaining what it had lacked for decades: people. Thousands of Haitian immigrants made homes there, too

For much of the past decade, Meritage Homes has stood as one of public homebuilding’s clearest business use cases that thoughtfully designed, efficiently built entry-level homes could unlock homeownership for thousands of households who otherwise might have remained renters. The company’s strategy w

Madison Realty Capital is being accused of financial mismanagement, negligence and more over its handling of a downtown Miami condo-hotel tower, according to a lawsuit.  The situation is so dire that the Marquis Miami Condominium Association is asking a judge to appoint a receiver to take over contr