Author: Florida Real Estate News

The home of Bobby Suarez, CEO and founder of SelltoBobby.com, was burglarized overnight in Northwest Miami-Dade. Suarez and his family were asleep when two individuals gained entry to their residence, stealing a Porsche and other valuables. The incident has left the family feeling violated and unsafe in their own home. Key Takeaways The CEO of SelltoBobby.com, Bobby Suarez, was the victim of a home invasion. Burglars entered the residence while Suarez and his family were sleeping. A Porsche and other items were stolen during the 28-minute ordeal. Surveillance footage captured the suspects entering the home and stealing the vehicle. The…

South Florida’s real estate market continues to be a magnet for international investors, with Miami leading the nation in foreign-backed property acquisitions. A significant influx of capital, primarily from Latin America, is driving robust sales volumes and solidifying the region’s status as a premier destination for global wealth preservation and investment. Key Takeaways Miami-Dade County saw 15% of home purchases made by international buyers in 2025, far exceeding the national average of 2% and Florida’s average of 5%. Latin America, particularly Colombia and Argentina, represents the largest source of foreign demand, seeking stability and dollar-denominated assets. International buyers acquired over…

Miami is gearing up to host seven matches and over 30 days of citywide activation for the 2026 FIFA World Cup. This monumental event is projected to bring a significant economic boost, estimated at over $1 billion, to South Florida. Beyond the immediate influx of tourism, the World Cup is expected to have a lasting impact on the region’s vibrant real estate market, attracting international attention and investment. Key Takeaways The FIFA World Cup 2026 is anticipated to generate over $1 billion in economic impact for South Florida. The event will occur during June-July, a traditionally slower tourism period, providing…

Mortgage rates have dipped below the significant 6% threshold for the first time in three and a half years, according to Freddie Mac’s Primary Mortgage Market Survey. The average 30-year fixed-rate mortgage now stands at 5.98%, a milestone reached just as the crucial spring homebuying season approaches. Key Takeaways The average 30-year fixed-rate mortgage has fallen to 5.98%, the lowest in over three years. This rate drop, combined with improving home inventory, is expected to invigorate the spring housing market. Despite a recent dip in housing affordability, projections indicate improvement in the coming months. A Milestone for Homebuyers The average…

Florida’s once red-hot housing market is showing signs of a significant cooldown, with several metropolitan areas experiencing more pronounced price declines than Cape Coral. While not a full-blown crash, these shifts indicate a market recalibration after years of rapid growth, influenced by rising interest rates and economic uncertainties. Key Takeaways Several Florida housing markets are experiencing steeper price drops than Cape Coral. Naples-Immokalee-Marco Island, Punta Gorda, Sebastian-Vero Beach, and North Port-Sarasota-Bradenton are among the areas showing greater market weakness. Factors like luxury market sensitivity, post-hurricane recovery, prior price appreciation, and inventory levels contribute to these localized trends. The overall Florida…

Florida’s real estate landscape in early 2026 presents a complex picture, with robust activity in the luxury segment contrasting with cooling price trends in certain regions. While some counties experience price drops, the state overall saw a strong start to the year, marked by increased sales and new listings, particularly in the high-end market. Key Takeaways Southwest Florida, including Collier and Lee counties, is experiencing a "polar plunge" with declining home prices. The luxury real estate market, especially in South Florida, is booming, with significant increases in million-dollar-plus home sales. Statewide, January 2026 showed a positive trend with more closed…

A Tampa-based real estate investment firm, RAD Diversified REIT Inc., is currently under investigation by Florida Attorney General James Uthmeier’s Office for potential violations of the state’s Deceptive and Unfair Trade Practices Act. The probe centers on owners Brandon “Dutch” Mendenhall and Amy Vaughn, who have gained prominence as social media influencers promoting real estate investment seminars. Key Takeaways RAD Diversified REIT Inc. and its owners are being investigated for alleged deceptive practices. Subpoenas have been issued, demanding documents and responses by July 18. The investigation stems from multiple investor complaints regarding inability to retrieve returns or principal. The Attorney…

Economists and real estate experts convened at the 2026 Florida Real Estate Trends summit to forecast a more balanced and opportunity-rich housing market for the Sunshine State. After a period of volatility, the outlook for 2026 suggests renewed momentum driven by easing mortgage rates, increased inventory, and sustained buyer demand. Key Takeaways Stabilizing Market: Florida’s housing market is transitioning from volatility to a more balanced state, offering opportunities for both buyers and sellers. Easing Mortgage Rates: A projected decrease in mortgage rates, potentially nearing 6%, is expected to unlock a significant number of sidelined buyers. Increased Inventory: More homes are…

Greystar has significantly expanded its South Florida portfolio with the acquisition of two garden-style multifamily properties totaling 639 units. The deal, brokered by Starwood Capital Group, includes the Avana Delray Beach and Avana New River communities, marking a substantial transaction in the dynamic Miami metropolitan area. Key Takeaways Greystar acquired 639 units across two properties in South Florida. Starwood Capital Group was the seller in these two separate transactions. The deal involved substantial financing, with Greystar securing $150.8 million. Both properties were previously part of a larger portfolio acquired by Starwood in 2016. Transaction Details Greystar’s latest acquisitions comprise the…

Oracle co-founder Larry Ellison is making a significant splash in South Florida’s real estate market, investing a staggering $450 million to acquire and develop prime properties in the exclusive town of Manalapan. This substantial investment is not only transforming the landscape but also attracting other wealthy individuals to the area, which is situated just a short drive from President Trump’s Mar-a-Lago estate. Key Takeaways Larry Ellison has invested $450 million in two landmark properties in Manalapan, Florida. His acquisitions include a record-breaking $173 million estate and the $277 million Eau Palm Beach Resort & Spa. Ellison’s investments are enhancing Manalapan’s…