Fannie Mae raises 2027 mortgage rate forecast
The agency now expects mortgage rates to average 7.5% next year, up from its September forecast of 6.7%, while lowering its projections for home sales...
Read More$18,850,000
MLS Number: A11988928
Situated on a rare builder’s acre in the coveted Ponce Davis enclave, this brand-new tropical modern estate offers exceptional privacy, scale & resort-style living. Surrounded by mature bamboo & lush landscaping, the home spans over 10,000SF w/ soaring ceilings and a warm, organic palette of premium natural materials throughout. Expansive glass doors open to 1,800SF of covered terraces overlooking a heated saltwater pool & private hardcourt tennis court. The residence is anchored by a showpiece Italian chef’s kitchen featuring dual islands & top-tier appliances. Fully turnkey & just completed, the home showcases bespoke millwork, fully built-out closets, and designer window treatments. Additional features incl a detached guest house w/ gym, smart home integration, and a 3-car garage—creating a private compound ideal for both grand entertaining and everyday living.
View Details$800M
#1
+23
$100M
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SHAWN SOMMERI first started writing code at the age of 15, which sparked a lifelong passion for technology and innovation. Over the years, I had the opportunity to work as a consultant with two Fortune 50 companies in Michigan, gaining valuable experience in building scalable and efficient software solutions. By the time I turned 30, I took a major step forward and founded my own software company, DirectAxess LLC.
Alongside my journey in technology, I have always had a strong interest in real estate. This passion led me to become a licensed real estate professional in Michigan, where I began to understand the industry from a practical, client-focused perspective. Seeking new opportunities and a better climate, I relocated to sunny Southwest Florida in 2003.
With a unique combination of expertise in both software development and real estate, I recognized the potential to bring innovation into the industry. This inspired me to merge my skills and focus on developing modern, technology-driven real estate solutions that enhance efficiency, improve user experience, and support both agents and clients in achieving their goals.
The agency now expects mortgage rates to average 7.5% next year, up from its September forecast of 6.7%, while lowering its projections for home sales...
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Home sales in the state declined in September, but stable prices and continued strength in luxury sales point to a market holding its ground.
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Consistent outreach, personal follow-ups and year-end market updates can help real estate agents build momentum now and start 2027 with a stronger pip...
Read MoreShawn Sommer