Southwest Florida Real Estate News and Market Insight

On the surface, Seattle’s housing market looks like any other in the country.The inventory of single-family homes for sale is up substantially year over year. New listings are up slightly, sales remain subdued and home prices aren’t moving much. That’s the story in the majority of housing markets.Bu

Homeownership in many of America’s largest cities now demands a six-figure salary to sustain a comfortable lifestyle — with some regions requiring more than $300,000 annually.A new analysis by GOBankingRates ranked the top 50 U.S. cities by the income necessary to afford a comfortable standard of li

A new Redfin survey reveals sharp divides among Americans over how immigration and tariffs are affecting housing affordability, reflecting a complex and politically charged landscape.More than half of U.S. homeowners and renters (51.2%) believe that reducing immigration could worsen housing affordab

Mark Diamond has been sentenced to 17 years in federal prison for his crimes against elderly homeowners, but the scars from the damage he inflicted across the Chicago metro area are still visible.A recent report from a local publication, the South Side Weekly, detailed one family’s struggle to recov

Welcome back to Tech Pulse — a new weekly series rounding up the latest in technology, including tools, integrations and trends impacting mortgage and real estate.Here’s what happened this week:UWM’s Jason Bressler challenges the fear-driven narrative around AI in mortgage lendingAt HousingWire’s Th

The Jupiter home of alleged predatory lender and fraudster Lisa McElhone sold out of receivership for $12.2 million.  The sale is part of a years-long federal case brought against McElhone and her husband, convicted fraudster Joseph LaForte, who was sentenced to 15.5 years in prison for RICO conspir

The cost of owning a home in the U.S. has jumped sharply in recent years, reaching an average of more than $1,700 per month in 2023 — a 17% increase since 2020 — according to an analysis by First American senior economist Sam Williamson.Using the most recent U.S. Census Bureau data, Williamson found

While the Federal Housing Finance Agency (FHFA) under President Joe Biden proposed a transition from a tri-merge to a bi-merge credit report system, the Mortgage Bankers Association (MBA) is now assessing the feasibility of moving to a single credit report for mortgage underwriting.Bob Broeksmit, pr

Miami-based investor Jon Samuel paid $24 million for a shuttered car lot in West Palm Beach that was the former headquarters of a defunct auto dealer.  Three entities managed by Samuel, who leads Miami-based Midtown Group, acquired the 14.7-acre site at 1200 South Congress Avenue, records show. The

The U.S. Department of Housing and Urban Development (HUD) and Ginnie Mae on Friday signed a memorandum of understanding (MOU) with a South Korean housing finance authority, with the goal of increasing investment in U.S. agency mortgage-backed securities.The agreement, signed with the Korea Housing

The cause of the crash wasn’t immediately known and could take months to determine.

Mortgage veteran Glenn Stearns is taking a different approach with his latest venture. Kind Lending, a national wholesale mortgage lender and his second brainchild, is built on lean operations and a focus on efficiency — a contrast with his first company, Stearns Lending, which filed for Chapter 11

Following the release of the president’s fiscal year 2026 “skinny” budget request — and a look at the White House’s performance expectations for the Home Equity Conversion Mortgage (HECM) program — the U.S. Department of Housing and Urban Development (HUD) has released its congressional justificatio

Residential broker Erin Sykes recently reduced the price on a condo she listed at the Regency of Palm Beach, a 60-year-old oceanfront building.  The 1,358-square-foot two-bedroom, two-bathroom condo at 2760 South Ocean Boulevard hit the market in 2023 for $849,000. Now, it’s asking $649,000, after a

An Argentine real estate firm wants to develop a 25-story Live Local Act multifamily tower in Goulds, marking the tallest proposed building in the south Miami-Dade County neighborhood that is home to low-rise housing and shopping plazas.   RCC Developers proposes the 300-unit project with 5,900 squa

Lennar expects to break ground by year-end on 50 townhouses in Wilton Manors and sell them at prices starting above $800,000. The Wilton Manors City Commission unanimously voted Tuesday to approve the development on 5 acres at 1550 Northeast 26th Street, four blocks west of U.S. 1. Before the city a

A federal judge on Thursday blocked an attempt by the Consumer Financial Protection Bureau (CFPB) to reverse a $105,000 settlement with Townstone Financial, a Chicago-based mortgage broker accused of discouraging Black applicants.U.S. District Judge Franklin Valderrama ruled that allowing the CFPB t

The cause of the crash wasn’t immediately known and could take months to determine.

An Air India jet flying from Ahmedabad to London crashed shortly after takeoff into a fireball with 242 people aboard.

Amazon expanded its planned office in Miami’s Wynwood, The Real Deal has learned, re-invigorating a push to turn the neighborhood into a tech mecca.  Jeff Bezos’ Seattle-based e-commerce giant now plans a 75,500-square-foot office at the recently completed 12-story office building at 95 Northwest 29