Southwest Florida Real Estate News and Market Insight

Keystone Holdings Group proposes a 477-unit Live Local Act project in the Fontainebleau neighborhood.  The Miami-based firm wants to build the 18-story Keystone Midway on its 2-acre lot at 190 Northwest 79th Avenue in unincorporated Miami-Dade County, according to an application filed to the county

The technology posture of the federal government’s housing apparatus has been a hot topic of discussion for years. Advocates have advised — and sometimes warned — of the need to modernize the tech infrastructure at government housing agencies.With the dawn of artificial intelligence (AI) and its inc

An entity linked to Jakub Hejl’s real estate investment firm, Westside Capital Group, bought a renovated waterfront estate in Coral Gables for $23.4 million. Records show 6801 Granada Owner LLC, a Delaware entity, bought the mansion at 6801 Granada Boulevard from Weston Grove LLC, a Florida firm led

Robert Rivani’s Black Lion exited the Brickell submarket after selling a pair of commercial condos leased to fine dining restaurants for a combined $38.2 million. Black Lion affiliates sold an 8,000-square-foot commercial unit with a 3,000-square-foot patio on the first floor of the SLS Lux Brickell

Atlantic Pacific Companies proposes a 375-unit project with affordable and workforce apartments in Miami.   The Boca Raton-based development firm wants to build an eight-story building with 10,000 square feet of ground-floor commercial space and a 421-space garage on a portion of the site at 800 Nor

Miami-Dade County’s condo sales and dollar volume dropped in the second week of May. Brokers closed 91 condo sales totaling $111.9 million from May 4 to May 11. The previous week, brokers closed 157 condo sales totaling $136.9 million. Last week’s units sold for an average of $1,230,121, higher than

Tokyo, Osaka, Paris and Shanghai lead the world for growth in summer travel bookings, according to a report published Monday by Mastercard Economics Institute.

While much of the housing industry views Rocket Companies’ proposed acquisition of Redfin as a foregone conclusion at this point, at least one common stock holder is saying not so fast. On Friday in U.S. District Court in Seattle, plaintiff Jason Morano filed a lawsuit accusing the two companies of

In a strongly worded op-ed, U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner defended the recent repeal of the Affirmatively Furthering Fair Housing (AFFH) rule.Turner argued in The Gazette, an Iowa-based newspaper, that AFFH represented a federal overreach into local ho

The House tax committee is looking to raise the cap on the state and local tax deduction (SALT) and formally adopt several of President Trump’s campaign tax promises as part of a multi-trillion-dollar package, Republicans’ main legislative priority.The draft legislation, introduced by the tax-writin

A German partnership is moving ahead with plans for Cloud One Hotel & Residences Wynwood, a mixed-use project with condominium and hotel components.  ALP.X Group, Motel One and Büschl Group plan to launch condo sales this month, the developers told The Real Deal. They tapped Douglas Elliman to lead

Alo Yoga is looking to activate a dead corner on Lincoln Road and Collins Avenue with a new store and private health club.  The Miami Beach Historic Preservation Board is scheduled to vote on Tuesday on Beverly Hills-based Alo Yoga’s planned renovation of a former Walgreens pharmacy on the ground-fl

The weekly pending home sales picked up this week as expected, with 2.6% more pending home sales contracts started than a year ago.If you’re following the data closely, you know that home sales are still running at or below last year’s pace. Year to date, through the first week of May, we count 3% f

ERA Experts — a franchise affiliate of ERA Real Estate — has made a strategic investment in Austin-based Sprout Realty LLC, which will now operate as Sprout Realty ERA Powered.Leaders said the move is aimed at accelerating Sprout Realty’s growth across Austin, Waco, Dallas-Fort Worth and other parts

Bradford Allen Investment Advisors bought the One Clearlake office tower in West Palm Beach for $45 million, marking a nearly 26 percent discount from its previous sale price four years ago.  Boston-based Rockpoint and its partners sold the 18-story building at 250 South Australian Avenue, according

Better Homes and Gardens Real Estate Heritage Group has acquired Manchester, Tennessee-based Advantage Realty Partners in a move to strengthen its presence and market share across middle Tennessee.The acquisition brings the firm’s total footprint to three offices and roughly 80 affiliated sales asso

Century 21 Solid Gold Realty has merged with longtime central New Jersey brokerage Gloria Zastko, Realtors — a move that expands Century 21’s market presence further north and west into Middlesex County.The 34-year-old North Brunswick, New Jersey-based agency will now operate under the name Century

The median age of homes purchased nationwide reached a record high of 36 years in 2024, a significant jump from 27 years in 2012, according to an analysis released Monday by Redfin.The trend reflects a long-term slowdown in new home construction and growing affordability challenges. Buyers are incre

Reverse mortgage professionals encounter a variety of challenges when introducing product specifications to a prospective customer for the first time. These elements may include an explanation of how the loan proceeds work, clarifying the realities of negative amortization, or something as basic as

What will happen to mortgage rates now that China and the U.S. have made progress in their trade war, agreeing to a 90-day period of lower tariffs? Stocks are up considerably this morning and bond yields have also increased. This raises the question: Is the de-escalation of the trade war good for mo