Luxury is an experience not a price point
The top 10 reverse mortgage LOs in the country

On Wednesday, Reverse Mortgage Daily (RMD) brought you a ranking of the top five reverse mortgage loan originators in America. Today, we’ll round out the rest of the top 10 based on data from mortgage recruiting software provider Modex.#6: Jacob Flax, Caliver Beach Mortgage, $76.17 millionThe third
Read MoreHome prices are higher than ever, but seller profits have slipped
U.S. homeowners earned a median profit of 50% on home sales in the second quarter of 2025, according to an ATTOM analysis released this week.That figure marked a slight uptick from the 48.9% figure in the first quarter, but it was down from 55.6% during the second quarter of last year.Median home sa
Read MoreFear of ICE raids creates chilling effect at South Florida construction sites

On a muggy Thursday morning in mid-June, Jorge stood near the parking lot entrance to a Home Depot in Hialeah. The 47-year-old Cuban day laborer scanned arriving pick-up trucks for any glimmer of job opportunities, which have become scarcer each passing week. Nearby, Yosvany, another Cuban day labor
Read More8 clever real estate copywriting tips top agents use (+ AI prompts)

I know, I know – you’re a real estate agent, not a copywriter, but hear me out. Just like people eat with their eyes first, the same goes for real estate. People will first be attracted to pictures, and then the real “taste” will be what they read from you. When people view a listing, they will see
Read MoreAmerican Airlines scales back 2025 profit outlook as third-quarter forecast falls short

American Airlines' third-quarter profit forecast fell short of Wall Street expectations.
Read MoreMost home shoppers are seeking out a new city
More than half of home shoppers nationwide are looking for properties outside of their current metro areas — continuing a trend that has intensified since the COVID-19 pandemic even as signs of moderation have appeared in recent quarters.Realtor.com‘s report for the second quarter of 2025 shows that
Read MoreSouthwest shares drop 11% after airline cuts full-year profit hopes

Southwest Airlines on Wednesday posted second-quarter earnings and revenue that fell short of Wall Street's estimates but said demand has stabilized.
Read MoreBaptist Health plans to expand, pays $40M for ground lease and dev site

Baptist Health South Florida is expanding its real estate holdings after acquiring a ground lease in Palm Beach County and a Broward development site for a combined $40 million. In the larger deal, Coral Gables-based Baptist Health, led by CEO Bo Boulenger, paid $26 million for the ground lease of a
Read MoreTexas AG under scrutiny for potential mortgage fraud

Texas Attorney General Ken Paxton and his wife, Angela — who own three homes in Texas — are facing similar accusations of mortgage fraud as the ones President Donald Trump levied against Sen. Adam Schiff of California and New York AG Letitia James.According to records assessed by The Associated Pres
Read MoreSouth Florida residential sales nosedive in June

South Florida’s residential market has been slowing for months, and June was no exception. Sales fell in June, year-over-year, as dollar volume for Miami-Dade, Broward and Palm Beach counties dropped to $4.8 billion from $5.3 billion in June of last year, according to Multiple Listing Service data
Read MoreMediaAlpha founder Eugene Nonko drops record $51M on oceanfront Delray Beach estate

Eugene Nonka, the co-founder of MediaAlpha, and his wife dropped a record $51.1 million on an oceanfront Delray Beach estate. Records show Eugene and Olga Nonka’s Pietra Land Trust bought the mansion at 2325 South Ocean Boulevard from eyecare mogul Massimo Musa. It is the most expensive home ever so
Read MoreBroward weekly condo sales jump to $35M

Broward County’s condo sales and dollar volume rose last week. Brokers closed 106 condo sales totaling $35.3 million from July 14 to July 20. That’s up from 98 condo sales totaling $30.6 million the week prior. Last week’s units sold for an average of $333,098, higher than the $312,298 average pric
Read MoreSouthwest profit drops, but airline says travel demand has stabilized

Southwest Airlines on Wednesday posted second-quarter earnings and revenue that fell short of Wall Street's estimates but said demand has stabilized.
Read MoreRelated and Macklowe secure approval for North Bay Village condo towers

The Pérez family’s Related Group and Harry Macklowe’s Macklowe Properties secured initial approval for their planned two-tower luxury condo development in North Bay Village. The North Bay Village commission unanimously passed a zoning ordinance on first reading that will allow the developers to bui
Read MoreRelated completes $50M deal for Office Depot campus dev site

Related Group paid $50 million for 10 acres at the Office Depot campus in Boca Raton. An affiliate of Coconut Grove-based Related, led by Jorge, Jon Paul and Nick Pérez, bought one of three office buildings and a garage on the campus at 6600 North Military Trail, a press release states. The seller,
Read MoreDistressed Miami River dev site hits market with $18M asking price

A distressed Miami River development site tied to allegations of fraud hit the market again with a reduced asking price of $18 million. The 1.8-acre property comes with city approvals for a 40-unit townhome development called Miami River Cove, previously planned by a joint venture led by Marlon Gome
Read MoreBrokerage boom: Engel & Völkers adds Miami Beach office, plans Coconut Grove relaunch

Engel & Völkers is expanding in Miami-Dade County. The brokerage is opening an office in Miami Beach’s South of Fifth neighborhood and planning to reopen in Coconut Grove later this year, according to a press release. The offices will be led by license partners Daniel Nault and Vanessa Gomez, who jo
Read MoreWhen cash is king: Inside Spanish billionaire Amancio Ortega’s South Florida investments

Spanish billionaire Amancio Ortega is on a global summer shopping spree, making a splash in South Florida. Ortega’s Ponte Gadea real estate investment family office is buying the 30-story Sabadell Financial Center in Miami’s Brickell for about $275 million, and also bought the 44-story, 259-unit Ve
Read More$6M Boca Raton closing tops Palm Beach weekly condo sales

Palm Beach County’s condo sales and dollar volume rose last week. Brokers closed 77 condo sales totaling $34.3 million from July 14 to July 20. That’s up from 59 condo sales totaling $24.8 million the week prior. Last week’s units sold for an average of $445,079, higher than the $420,076 average pr
Read MoreNew entrance fee to visit Europe set to triple, says European Commission

The price for an ETIAS travel authorization to enter many parts of Europe is set to jump from 7 euros ($8) to 20 euros ($23), the European Commission said Friday.
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