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Current Southwest Florida Real Estate News and Information

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May 20, 2018
Fort Myers files suit to clear deed to downtown hotel site

The city of Fort Myers has filed a suit that seeks to make sure it owns the property for the new Luminary Hotel. T

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May 19, 2018
A little Arkansas bank is funding much of SoFla’s condo boom. What could go wrong?

Overlooking a small lake in a quiet area of Mid Beach, The Ritz-Carlton Residences, Miami Beach was pegged as an upscale European oasis in South Florida. Ophir Sternberg, a native of Israel who moved ... See more

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May 19, 2018
Big plans for prime downtown Fort Myers properties

Two of the most prized properties in historic downtown Fort Myers may soon be transformed, and those aren’t the only prime sites expected to blossom.

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May 17, 2018
Fort Myers ranked as top growing U.S. city

The Fort Myers area is ranked No. 1 in the nation for growth, according to the U.S. News and World Report.

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May 9, 2018
Case dismissed: Judge says Zillow's Zestimates are clearly just estimates

A Zestimate, in the end, is just an estimate. A federal judge dismissed a lawsuit by several Chicago-area homeowners over Zillow’s “Zestimates” of home values. The suit had alleged Zillow leads ... See more

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May 6, 2018
Naples firm pays $12.75M for land next to Hyatt Regency hotel in Bonita Springs

Residential property developer London Bay Homes bought 30.5 acres of waterfront land in Bonita Springs for $12.75 million. London Bay may develop a luxury senior housing development on the site that ... See more

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May 5, 2018
Super-size airport park will be bigger than Edison Mall

An airport park in the works south of Southwest Florida International is one day expected to be the area’s largest, with 1.875 million square feet.

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May 4, 2018
What's in a name? Berkshire Hathaway ramps up real estate expansion, brand recognition campaign

The Berkshire Hathaway name — once just the unseen parent company of Dairy Queen, Geico and several other consumer-facing companies — is starting to

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April 30, 2018
Here’s how Blackstone and Allianz respond to rising interest rates

UPDATED, Apr. 25, 1:22 p.m.: On Tuesday, the yield on 10-year U.S. Treasury bonds hit 3 percent for the first time since January 2014, heightening fea

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RSS National | RISMedia

  • Amazon Experience Centers Look to Transform Smart-Home Shopping
    Amazon is making moves yet again. As a way to market its smart-home business segment without having to invest in conventional store locations, the online marketplace giant has partnered with Lennar Corporation to provide connectivity demos of Alexa-enabled products—everything from video doorbells and smart shades to lighting and scheduled deliveries—within the homebuilder’s model homes, calling these […]
  • Is Net Neutrality on the Path to Reinstatement?
    In an action arguably more emblematic than impactful, the Senate voted on Wednesday to overturn the repeal of net neutrality, with the goal of reinstating rules that ban internet service providers (ISPs) from blocking or slowing traffic on the web. Led by Sen. Ed Markey (D-Mass.), the measure passed in a 52-47 vote, and now […]
  • April Housing Starts Tumble
    April home-building was in the red, with housing starts tumbling 3.7 percent to 1.34 million—but, single-family starts were up, 0.1 percent to 894,000, according to the Commerce Department. Multifamily starts (five units or more) came in at 374,000. Additionally, approvals for builds fell, 1.8 percent from March to 1.35 million permits; however, approvals for single-family […]
  • Appreciation at Quicker Pace, Up 5.7 Percent
    Appreciation grew quicker in the first quarter of 2018, up 5.7 percent year-over-year, according to the latest quarterly report by the National Association of REALTORS® (NAR). “The worsening inventory crunch through the first three months of the year inflicted even more upward pressure on home prices in a majority of markets,” says Lawrence Yun, chief […]
  • Discrimination of All Types Holding Back LGBTs in Homeownership
    I continue to be amazed at the reception the National Association of Gay and Lesbian Real Estate Professionals (NAGLREP) receives from our industry. We have been invited to attend just about every brand and major event in 2018, and it has been exciting to see more and more recognize the role we play. I founded […]
  • Home-Buying Millennials Face Fresh Set of Struggles
    Across ages, buyers are contending with a frenzied market—but for millennials, the challenges are different than in generations past, according to a new report by Trulia. An astounding 98 percent of home-buying millennials surveyed for the report are being kept out of the market, with barriers including credit (cited by 26 percent of millennials), a […]
  • Appraisers and Homeowners Sync Up on Value
    Appraisers and homeowners are syncing up on value, with appraisals in April just 0.33 percent below what homeowners predicted, according to the Quicken Loans National Home Price Perception Index (HPPI). The Quicken Loans National Home Value Index (HVI) shows appraised values rose 6.47 percent year-over-year. The findings indicate homeowners are less likely to get a […]
  • Closings for Millennials Speed Up
    Closings for millennials are at their speediest yet: 39 days in March, according to Ellie Mae’s Millennial Tracker™, a measure of millennial mortgages. “With the ongoing adoption of digital mortgage solutions, millennial homebuyers were able to close purchase loans in 39 days in March—the shortest amount of time since Ellie Mae began tracking millennial loan […]
  • Hawaii’s Kilauea Volcano Claims Homes, Displaces Residents
    Following an initial outburst on May 3, the fiery explosions and lava flows of Hawaii’s Kilauea volcano on the Big Island have taken over the small subdivisions of Leilani Estates, made up of 1,700 residents, and the smaller Lanipuna Gardens, home to about 300 residents. The damage so far? Nearly 40 structures destroyed, of which […]
  • See You at the 2018 REALTORS® Legislative Meetings & Trade Expo
    If you’re a REALTOR®, the month of May brings one of the most exciting meetings of the year: the REALTORS® Legislative Meetings & Trade Expo in Washington, D.C. For brokers, this major gathering offers many meetings and special events from May 14-19, including opportunities to tour the REALTORS® Trade Expo on May 16 and 17 […]