Southwest Florida Real Estate News and Market Insight

Coming off an unexpected surge in August, the U.S. labor market stumbled in September, adding just 29,000 new jobs as the unemployment rate edged up to 4.2%.  According to the latest report from the Bureau of Labor Statistics, released Friday, economic recovery suffered a setback at the start of fal

United Airlines launched an aggressive status match program for Delta and American's top frequent flyer elites.

While surging mortgage rates have diminished buying power for many this fall, the well-prepared and savvy home shoppers can still find attractive opportunities out there—if they know where to look and how to use the shifting market conditions to their advantage. September saw the growth of for-sale

Fort Lauderdale-based 13th Floor Homes sold a recently completed Delray Beach rental community to a Tampa-based buyer for $33.4 million. Robbins Property Associates picked up the 55-and-older community at 14800 Cumberland Drive in western Delray Beach just a year after it was completed.  The homebui

“Supercitizen” Ken Griffin, as Miami-Dade Mayor Daniella Levine Cava called him, is bringing Carnegie Mellon University to Miami as part of a landmark $3 billion gift. The campus will be transformative for the city, but the real estate purchase that made it possible is already affecting the Wynwood

A real estate developer in Miami was sentenced to more than 11 years in federal prison after defrauding investors out of approximately $89 million. Rishi Kapoor, 41, used investor money to fund a lavish lifestyle, making purchases including a 2.8-carat diamond ring, a 68-foot yacht, and a $5.9 milli

A Louisiana woman, along with several of her relatives and their associates, has been charged in an elaborate insurance fraud scheme that allegedly involved setting fire to more than a dozen homes across Louisiana. Lashaundalyn Whitlock Brown, 41, was charged with federal counts of wire fraud, money

Josh Duhamel has revealed how his decision to enter the testosterone business left him fearing that he could be run out of Hollywood because his fellow A-listers would "make fun" of him—while opening up about the very different life he has built away from Los Angeles. The 53-year-old "Ransom Canyon"

British billionaire and hedge fund manager Christopher Rokos sold his waterfront Manalapan mansion for $83.2 million, more than double what it last sold for a decade ago. A United Kingdom-registered entity purchased the 2.8-acre estate at 1370 South Ocean Boulevard for $40 million in 2017 from Patró

The work group comprises Boeing's largest white-collar union.

Maryland homeowners who open their mailboxes to find what looks like a check offering hundreds of thousands of dollars for their house will have one less reason to wonder whether they should cash it. A new state law took effect on Thursday making it illegal to send a check or other negotiable instru

As soon as the cooler weather hits, many homeowners fall victim to the "out of sight, out of mind" syndrome when it comes to their air conditioner. Some tend to overlook the state of their AC system because they’re no longer using it. If this sounds like you, understand that neglecting your AC syste

Transforming homes stuck in the 1990s to give them a modern feel without completely losing the charm of the era is no easy task, but the cast of “Totally ‘90s House” proved it absolutely can be done. The HGTV competition series, which premiered on Aug. 26, tasked two celebrity teams—stacked with for

California Gov. Gavin Newsom has inked a series of bills to help California construct more starter homes and cut down on the cost of housing. Among the other bills Newsom signed at the end of the legislative session this week, he approved Assembly Bill 2050, which requires homeowners associations to

Ah, fall: The nip of the first chill in the air. The colorful foliage. The pumpkin spice lattes. The pumpkin spice everything. Oh yeah, and the long list of home maintenance tasks awaiting you at the start of the season. We hate to intrude on your fall bliss, but the postsummer months are a critical

The oldest baby boomers will begin turning 80 this year, marking a major milestone that will have implications for the housing market for years to come. The number of households headed by baby boomers declined by 3.5 million between 2015 and 2025, a trend that will only accelerate in the coming year

Jim Carrey has officially tied the knot with longtime love Min Ah, marking a major new chapter for the famously private actor, who has reportedly embraced a secluded lifestyle in Hawaii. The 64-year-old "Ace Ventura" star married Ah in a small, private ceremony in Los Angeles, with a representative

When Willa Staats and her brother inherited their father’s home and adjacent lot in East Austin, TX, they expected to build their lives there. But one year later, they were hit with a combined property tax bill of $48,000—nearly 90% more than their father had last paid. Their experience points to a

Former New York Gov. Andrew Cuomo has splashed out $9.6 million in cash on a sprawling Hamptons estate—nearly one year after the New York City mayoral primary that marked his return to electoral politics. Cuomo, 68, who served as governor from 2011 until his resignation in 2021, quietly picked up th

Mortgage rates jumped to their highest level in nearly three years this week, driven by a massive global bond market selloff stemming from rising energy costs and lingering inflation fears. The average rate on 30-year fixed home loans climbed to 7.28% mark for the week ending Oct. 1, up 25 basis poi