
Homebuyer Optimism Increases in July
Housing sentiment inched up as Fannie Mae’s index rose to 71.8. Job loss fears fell, home price and mortgage rate outlooks improved, but buying conditions declined.

Sonny Kahn pays $28M for oceanfront estate in Manalapan
Developer Sonny Kahn, a founding partner at Miami-based Crescent Heights, and his wife, Suzanne, paid $28 million for an oceanfront estate in Manalapan. The Kahns acquired the 1.6-acre property at 1200 South Ocean Boulevard about a month after selling their waterfront Miami Beach estate to develope

Lennar, partners revive plan for 7K-plus homes, 1.4M sf of commercial space outside Miami-Dade’s UDB
Lennar and its partners dusted off a three-year-old proposal for a megaproject on a 960-acre land tract outside of Miami-Dade County’s Urban Development Boundary. Miami-based homebuilding giant Lennar and South Florida’s Easton real estate family want to develop City Park with 7,800 for-sale and fo
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