A waterfront residential parcel in Golden Beach sold for $24 million, representing one of the few remaining available oceanfront properties of its size in the ultra-luxury enclave.  An entity led by Amicus Medical Group president David Rodriguez, bought the 0.6-acre lot at 625 Ocean Boulevard and fi

Today the Federal Reserve decided not to hike rates, but the hawks have moved their chess pieces: three Fed members wanted to hike rates at this meeting, which means September is in play for the first rate hike after the cut cycle ended. However, the long end of the bond market has already done the

CoStar Group reported an 18% year-over-year revenue increase for the second quarter ended June 30 — reaching $925 million compared to $781 million in the same period last year. Leaders said growth was driven by major technological expansions, increased platform engagement and significant operational

Cloze has introduced an Open House app for its Enterprise customers that automatically captures visitor information at property showings and feeds it into the company’s customer relationship management system, aiming to simplify follow-up with prospective buyers. The app replaces traditional paper s

Proprietary reverse mortgages, rather than government-insured Home Equity Conversion Mortgages (HECMs), are driving the reverse mortgage industry’s recent growth, according to an analysis of Home Mortgage Disclosure Act (HMDA) data published Wednesday by New View Advisors. Total reverse mortgage vol

Tech and media executive Mason Paul Slaine paid $40.9 million for an oceanfront mansion on Broward County’s coveted Hillsboro Mile in Hillsboro Beach, nearing one of the priciest home sales on the exclusive stretch. The chairman of Cast & Crew Entertainment Services and former co-owner of FT Media H

ONE Sotheby’s International Realty has added luxury real estate advisor Julian Johnston, bringing more than $10 billion in career sales and more than $400 million in active listing inventory to the brokerage. Johnston, who specializes in Miami Beach waterfront and ultra-luxury estate properties, joi

A rental listing in Walnut Creek, CA, has sparked outrage amongst renters—thanks to its $200 monthly fee for tenants who work from home.  In an already suffocating housing market where tenants feel stretched to the brink, this particular landlord is charging $3,250 monthly rent (which reportedly cov

Federal Reserve policymakers have voted to leave interest rates steady, despite growing concerns about inflation that prompted several officials to dissent in favor of a rate hike. Fed Chairman Kevin Warsh joined the majority on the 12-member Federal Open Market Committee in the 9-3 vote in favor of

The Federal Reserve on Wednesday left its benchmark interest rate unchanged, maintaining a target range of 3.5% to 3.75% for a fifth consecutive meeting. Heading into the meeting, most monetary policy watchers had expected the Fed to stand pat after inflation cooled in June. Still, a minority (about

NBA legend LeBron James caused quite the stir when he confirmed that he had signed a new deal with the Philadelphia 76ers—but his move to the team has now sparked even more confusion amid reports that the basketball pro is planning to live in New York City and then "supercommute" to the Pennsylvania

A private school is in talks to acquire 57 acres of city-owned land in West Palm Beach for its third South Florida campus.  City commissioners  approved a term sheet authorizing negotiations for the potential $6.6 million sale of the land along Roebuck Road near Florida’s Turnpike to Pine Crest Scho

With all the talk of the Super El Niño developing this year and affecting the upcoming winter months, the Old Farmer’s Almanac has a more pleasant outlook for the fall season.  The fall 2026 forecast reveals a distinct national split: a warm interior wrapped in cooler coastal weather, alongside drie

Congress has confirmed a new permanent director of national intelligence, marking the end of top mortgage regulator Bill Pulte's tenure as acting replacement for former director Tulsi Gabbard. The Senate confirmed Jay Clayton to role by a vote of 51-47 Tuesday night. The director of national intelli

Mortgage applications fell last week as rising oil prices drove interest rates higher, deterring would-be homebuyers, according to the Mortgage Bankers Association. For the week ending on July 24, MBA's Market Composite Index—a measure of total mortgage loan application volume—plunged 6.4% on a seas

At its June 5 breakfast meeting at the Naples Hilton, The Right Men’s Club of Collier County (RMCCC) presented scholarship awards to four graduating Collier County high school seniors. The event was attended by 64 members and guests. The Club has awarded scholarships to Collier County students since

Beleaguered actor Bill Cosby has once again removed his longtime New York City townhouse from the market—weeks after canceling a scheduled two-day deposition in an ongoing $60 million rape case because of his ill health. "The Cosby Show" star initially put his Upper East Side property on the market

Foreign buyers are pulling back from the U.S. housing market, purchasing significantly fewer homes and spending less compared to a year ago as high prices and tight inventory cool demand. From April 2025 through March 2026, international buyers closed on 67,100 existing homes nationwide, down 14% ye

A Mas brother is pushing to rezone 162 acres of land outside of Miami Gardens for a massive mixed-use development with affordable housing, retail and industrial space.  Landmark QOZB Construction LLC, an entity tied to Juan Carlos Mas of Coral Gables-based MAS AJP, filed an application with county o

🏆 Commercial: West Palm Beach had the largest commercial sale to hit records Tuesday. The tenants of Ponte Verde Condominiums collectively sold the property at 1401 Village Boulevard for $90 million. Kamson Corporation and Scopus Property Management were the buyers. The 400 unit property sits on ab