Southwest Florida Real Estate News and Market Insight

President Donald Trump has asked his former daughter-in-law-to-be, Kimberly Guilfoyle, to step down as U.S. ambassador to Greece, bringing her glamorous new life abroad into question less than a year after she relocated to Athens. Guilfoyle, 57, who was previously engaged to the president's eldest s

An ex-CIA officer who admitted last week to defrauding the government of $145 million wired more than $100 million into South Florida luxury real estate as part of the scheme. The former officer, David J. Rush, of Virginia, pleaded guilty Oct. 6 to one count of wire fraud after the FBI discovered 30

NFL legend Ray Lewis' former Maryland mansion has hit the market for $1.57 million after undergoing a dramatic transformation—more than two decades after the Baltimore Ravens star purchased the sprawling property. The former linebacker, who helped lead the Ravens to two Super Bowl victories, purchas

Existing-home sales ticked upward in September, but buyers and sellers are showing signs of fatigue with the difficult housing market. Data from the National Association of Realtors® shows existing-home sales rose 1.5% on a monthly basis to a seasonally adjusted annual rate of 3.99 million. This is

A newly built mansion in Nantucket’s coveted Cliff area has just hit the market for an eye-watering $45 million. The nine-bedroom estate, offered fully furnished and ideally located just minutes from downtown, also boasts breathtaking views of Nantucket Sound. “The view from up on the cliff, sitting

After less than a year at billionaire Steve Ross’ Related Ross, Greg Kuhlman jumped to CBRE.  Kuhlman will oversee commercial leasing and investment sales across property types for CBRE’s Miami and Fort Lauderdale offices, the Dallas-based brokerage announced in a news release. He will be based in M

Serhant’s new development division will handle leasing and marketing for Aimco’s new ultra-luxury rental tower in Miami’s Edgewater neighborhood where rents run into five figures.  The 38-story, 114-unit FiveSixty Waterfront Residences + Club project at 560 Northeast 34th Street has three- and four-

The debate lines are solidifying around Florida's proposed homestead tax rollback, with voters just three weeks from deciding whether to radically reform the state's property tax system. The proposal to make homestead property tax-free would potentially eliminate taxes on most owner-occupied homes,

A historical neo-Italian Renaissance carriage house built in 1910 and later transformed into a spectacular residence by former Morgan Stanley CEO John Mack and his wife, Christy, has just hit the market in Manhattan for an astonishing $80 million. The Upper East Side estate once served as a garage a

Why retaining the context of a buyer's search is the true test of a real estate AI assistant

Rethinking lender value in a world where customer expectations extend beyond closing

The Federal Housing Administration's push to modernize credit scores could change the system, but also brings new risk, analysts say. Financial firms studying the FHA's shift to encourage Fannie Mae and Freddie Mac to adopt VantageScore 4.0 expect consequences on the system. With VantageScore 4.0, a

California beachfront properties are on the verge of ruin after four days of destructive waves from Tropical Storm Rachel. Inspectors have red-tagged eight buildings on the Long Beach Peninsula so far, affecting 13 individual addresses, and one building has been yellow-tagged. The number of tagged b

Beach Boys star Mike Love has revealed the extraordinary lengths he went to preserve the natural beauty surrounding his sprawling $43 million Lake Tahoe estate, placing 6 acres of neighboring land under conservation protection to prevent future development. The 85-year-old musician, who put his long

Shareholders have sued Lennar spinoff Millrose Properties, alleging they were misled, in a complaint that hinges heavily on reporting by a news outlet whose investment affiliate was short on Millrose and Lennar stock, positioning it to benefit from declines in their share prices. Lennar, the second

Homeownership has always come with costs beyond the mortgage payment, but for many Americans, those expenses are becoming harder and harder to manage. A recent LendingTree survey found that 59% of mortgage holders consider themselves “house poor" in the current economy. “Unfortunately, the costs don

Robbins LLP filed the proposed class action, lead plaintiff deadline is December 7

The most expensive sale in Manhattan last week was a $25 million penthouse that hasn't ever been lived in and comes fully furnished with custom Italian furniture. The triplex condo at 1110 Park Ave., a couple of blocks from Central Park, is in contract, so the final price isn't yet known. The expans

Turnberry’s Rock Soffer sold another piece of his Wynwood assemblage as previous mixed-use development plans that included a hotel changed.   An entity tied to David Ederhy acquired the 14,500-square-foot site at 127 to 135 Northwest 24th Street for $6.5 million. The seller provided $4 million in fi

The sprawling Texas estate where boxing legend George Foreman spent the final decades of his life has hit the market for $6 million—offering a rare glimpse inside the private world of the heavyweight champion. Located in Huffman, TX, the 13.49-acre property is anchored by an 11,968-square-foot Medit