Southwest Florida Real Estate News and Market Insight
Market data, mortgage rate movement, housing policy, and property news from across the country and here at home in Collier and Lee counties. Anything that affects what a home in Naples, Bonita Springs, or Estero is worth, and what it costs to own one, is worth understanding before it shows up in your closing statement or your tax bill.
LPT Realty expands in southern California

Premier Property Partners founders Rich Johnson and Shirin Alipanah are joining LPT Realty — expanding its operations in San Diego and Palm Desert. Johnson, former owner and broker of San Diego Homes and Estates, and Alipanah, a former tech executive at Meta, bring decades of experience and a combin
Read MoreReal estate brokerage profit margins show signs of stabilization
Real estate brokerages may no longer be at the profitability peak they hit during the height of the pandemic housing market, but their margins are showing signs of stabilization after the market rapidly shifted in 2022 due to the interest rate hikes, according to data published by real estate broker
Read MoreAlex Sapir, partners re-list Miami Opportunity Zone site for $38M

Alex Sapir’s firm and its partners are re-listing their 1.5-acre assemblage in Miami’s Edgewater neighborhood for $38 million. An affiliate of Israel-based Sapir Corp., which owns roughly 40 percent of the partnership; CNMB International, a Chinese construction company; and Hong Kong-based G-Resour
Read MoreAlex Sapir, partners re-list Miami Opportunity Zone site

Alex Sapir’s firm and its partners are re-listing their 1.5-acre assemblage in Miami’s Edgewater neighborhood. Real Estate Alert reported the property’s estimated value is $41 million. Alex Sapir said the asking price is closer to $50 million. An affiliate of Israel-based Sapir Corp., which owns rou
Read MoreCabot expands South Florida portfolio, pays $39M for Pompano Beach warehouse

Cabot Properties bought a Pompano Beach distribution center for $38.7 million, expanding its industrial holdings in South Florida. An affiliate of Boston-based Cabot, led by CEO Franz Colloredo-Mansfeld, acquired Pompano Business Center II, a 136,985-square-foot facility at 3001 West Copans Road, re
Read MoreCondo closings underway at Two Roads, Alpha Blue’s Forté on Flagler in West Palm Beach

Two Roads Development and Alpha Blue Ventures have begun closings for their newly completed Forté on Flagler condo project in West Palm Beach. Records show the project at 1309 South Flagler Drive received its condo declaration earlier this summer, and closings began July 14. Flagler Residential LLC,
Read MoreSouth Florida by the numbers: Infrastructure and civic projects reshaping Miami

“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. Miami’s current public infrastructure and civic amenity projects don’t just serve residents, they also signal long-term confidence in the market while knitting together publ
Read MoreSage Beach PH closing tops Broward weekly condo sales

Broward County’s condo sales and dollar volume dipped last week. Brokers closed 94 condo deals totaling $35 million from July 21 to July 27. That’s down from 106 condo sales totaling $35.3 million. Last week’s units sold for an average of $372,700, higher than the $333,098 average price from the pr
Read MoreThe 10 most beautiful libraries in the world

The Library of Trinity College Dublin is named the most beautiful library in the world by 200,000 voters in the 1000 Libraries Awards 2025.
Read MoreCompass CFO Kalani Reelitz announces departure

Compass Real Estate Chief Financial Officer (CFO) Kalani Reelitz will leave his position at the end of this month, the company announced during its second-quarter earnings call. Chief Accounting Officer Scott Wahlers will be promoted to Compass CFO — with the move becoming effective at the end of Au
Read MoreCompass posts record performance in Q2

Compass Real Estate reported its strongest quarterly performance in company history during the second quarter — delivering record revenue and profitability despite challenging housing market conditions. The company reported a 21.1% year-over-year revenue increase to $2.06 billion in the second quart
Read MoreTrump signs VA foreclosure prevention bill into law

President Donald Trump on Wednesday signed Rep. Derrick Van Orden’s bill, the VA Home Loan Program Reform Act, into law after it received approval last week from the Senate. The VA Home Loan Program Reform Act will reform the U.S. Department of Veterans Affairs (VA) mortgage program by adding a part
Read MoreRealty Executives International unifies Arizona operations

Realty Executives International will consolidate its Arizona operations under a single ownership structure, effective Aug. 1. The consolidation combines the company’s Phoenix and Yuma brokerages with existing offices in Tucson, northern Arizona and the White Mountains under the Realty Executives Ari
Read MoreArizona homebuilders challenge groundwater restrictions

As Arizona grapples with rapid growth and a changing climate, long-standing groundwater regulations are being tested in courtrooms, boardrooms and booming desert suburbs. Developers and regulators are locked in a deepening dispute over how to manage the state’s finite water supplies — with the futur
Read MoreRE/MAX adds high-performing Hawaii brokerage

RE/MAX is expanding its presence in Hawaii with the addition of Better Homes and Gardens Real Estate Advantage Realty, a top-performing brokerage led by veteran real estate executive Myron Kiriu. The firm will officially join the RE/MAX network on Friday under the name RE/MAX Hawaii. The move brings
Read MoreLandowners propose 65-acre expansion of Miami-Dade’s UDB for 1,200-unit resi project

A group of landowners want to expand Miami-Dade County’s Urban Development Boundary by 64.8 acres for a mixed-use project with over 1,000 residential units. The Urban Development Boundary, or UDB, aims to restrict suburban sprawl east onto Biscayne National Park and west onto the Everglades, as wel
Read MoreSouthern California luxury brokerage joins eXp Realty

The nation’s top brokerage by transaction side count, eXp Realty, is continuing to add agents. On Wednesday, eXp announced that Southern California-based independent brokerage Palm Realty Boutique was joining the firm. Founded by Brett Zebrowski, Palm Realty Boutique serves clients in the South Bay
Read MoreLarsa Pippen’s new Miami house revealed

“The Real Housewives of Miami” star Larsa Pippen paid $5.4 million for a home in Pinecrest last year, The Real Deal has learned. Pippen revealed that she bought a “nice house” in Miami on a recent episode of the Bravo reality TV show. The businesswoman and ex-wife of retired NBA champion Scottie Pi
Read MoreCompass, Zillow iron out lawsuit discovery terms

Compass and Zillow might disagree on many things, but when it comes to the proposed parameters of their expedited discovery, the two adversaries managed to agree on a few items. In a joint letter filed on Monday addressed to Judge Jeanette A. Vargas, the parties outlined their proposals for the exp
Read MoreLuxury boom helps fuel boutique brokerages in South Florida

The top broker in Palm Beach County isn’t with Douglas Elliman, Corcoran Group or Compass. It’s David Roberts, owner of Royal Palm Properties, a one-broker firm that focuses on the gated community for which it is named: Royal Palm Yacht & Country Club. Roberts closed more than $636 million in on-ma
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