Southwest Florida Real Estate News and Market Insight

ChatGPT creator Sam Altman has claimed a courtroom victory against his OpenAI co-founder Elon Musk after a federal jury in California threw out a lawsuit in which the Tesla founder claimed that the artificial intelligence company had violated an agreement to operate solely as a nonprofit. Musk helpe

A 30-year-old tax provision could be discouraging 13.1 million Americans from selling their homes, lest they face a whopping tax bill on their profits when they want to sell. New data from the National Association of Realtors® shows 15% of all owner-occupied households nationwide could face a major

Not long ago, artificial intelligence was considered a headline-grabbing, yet futuristic and perhaps unreliable concept. Now, companies, including homebuilders, are increasingly leveraging AI in their day-to-day decision-making. Oliver Alexander, Founder & CEO at Prophetic, an AI-driven platform tha

A high-profile proposal to borrow $1.5 trillion and invest the money in stocks to salvage Social Security’s finances would likely leave taxpayers saddled with enormous debt, even under optimistic market conditions, according to a new analysis from the Center for Retirement Research at Boston College

Private listings and dual-agent transactions can be costly to home sellers, with those in California, Florida, New York, and New Jersey losing the most, according to a new study. Over the last three years, homes sold as private listings, which don't appear on a Multiple Listing Service, typically so

Last July, California Gov. Gavin Newsom signed a landmark law shielding apartment and residential projects from lengthy environmental review processes to boost the state’s housing supply and improve affordability. It’s working – but not without a fight. Developers wasted no time seizing the opportun

Real estate professionals spend a lot of time talking about interest rates, inventory, concessions and price reductions. We should, of course. Those factors shape affordability and timing in every market. But, homebuying has never been only a financial decision. For many buyers, a home is also emoti

"The Secret Lives of Mormon Wives" star Taylor Frankie Paul is celebrating a very positive milestone after closing on her first home as a solo buyer—in the wake of a turbulent few months in which her personal life has been once again thrust into the spotlight. Paul, 31, documented the emotional mome

Celine Dion’s former waterfront estate in Jupiter is under contract to a new buyer, topping new pending sales activity in Palm Beach County. Buyers signed 25 contracts between May 11 and May 17 for luxury properties in Palm Beach County, according to a report by Douglas Elliman’s Eklund-Gomes team.

Prince Harry and Meghan Markle have marked their eighth wedding anniversary with a touching private celebration held with their children, Archie and Lilibet, at the family's sprawling home in California—thousands of miles away from the Windsor church where the couple tied the knot in 2018. Harry, 41

A major weather pattern shift is looming, and if you live in a hurricane-prone area, your window to prepare is closing fast. Headlines touting the arrival of a Super El Niño in 2026 has many homeowners on edge. The good news is this El Niño could actually reduce the number of Atlantic storms this se

A long-abandoned 1860s Italianate brownstone on one of Brooklyn's most coveted streets has hit the market for $15 million. "This is one of the most beautiful streets in all of New York," listing agent Vicki V. Negron of Corcoran tells Realtor.com® of the home at 194 Columbia Heights. "The views are

Princess Diana's brother, Charles, has tied the knot for a fourth time, wedding his partner, Norwegian archeologist Cat Jarman, in an intimate ceremony held thousands of miles from his family's English countryside estate. In lieu of a more traditional ceremony, the 61-year-old 9th Earl Spencer and h

PMG, Lion Development Group, Eden Residential and Sterling Equities have partnered to launch a short-term rental-friendly condo project in Miami. It marks the first ever branded residence for Palm Tree Crew, the music festival purveyor led by the DJ Kygo and his manager, Myles Shear. The planned Pal

Pending home sales climbed in April both on a monthly and annual basis, signaling that the spring housing market is finding its footing despite rising mortgage rates and lingering geopolitical uncertainty. Contract signings were up 1.4% month over month and 3.2% year over year, according to the Nati

NFL star Aaron Rodgers' parents have scored a major real estate win after offloading their longtime California home for $1.68 million just a few weeks after listing the property. Ed and Darla Rodgers, who purchased the quaint Chico, CA, home for just $306,000 in 2007 officially closed on the sale of

Over 20,000 people were forced to evacuate their homes in suburban Los Angeles as a massive wildfire that ignited Monday continued raging in Southern California. Some 750 firefighters battled the fast-moving Sandy Fire through the night as it raged in Ventura County, damaging at least one home in th

South Florida office buildings are setting rent records –– but with an only-in-Miami twist. The majority of Miami-Dade County buildings scoring the new rate highs aren’t the typical corporate towers that usually drive records. Instead, much of the focus is on smaller projects, usually five or six st

🏆 Residential: The top home sale recorded in South Florida was in Palm Beach, where a waterfront estate at 614 Tarpon Way traded for $37.1 million. Violet Hill Development Company Ltd., which is tied to late McDonald’s franchisee George Cohen, sold the mansion to Elland Properties LLC. The property

Building a family fortune requires a totally different playbook. Catch up on the latest from the Realtor.com® Generational Wealth series. When Lauren Miller and her husband sold their first home in 2023, they had what many Americans are chasing today: home equity. After six years of ownership in the