Southwest Florida Real Estate News and Market Insight
Market data, mortgage rate movement, housing policy, and property news from across the country and here at home in Collier and Lee counties. Anything that affects what a home in Naples, Bonita Springs, or Estero is worth, and what it costs to own one, is worth understanding before it shows up in your closing statement or your tax bill.
You Can Live Well in Michigan on Just Your Social Security, If You’ve Paid Off Your Mortgage

Michigan squeaks onto the list of states where retirees can technically live on Social Security alone—if they’ve already paid off their mortgage. According to a Realtor.com® analysis of median Social Security benefits by state and the Elder Economic Security Standard Index, the typical retiree in Mi
Read MorePrivate Mortgage Insurance (PMI) vs. Lender-Paid PMI: Which Saves More Money Over Time?

Mortgage rates have come down from recent highs but remain elevated. As of Oct. 2, the 30-year average mortgage rate stood at 6.34%, according to Freddie Mac. And while housing supply has improved, many homeowners feel locked in by the lower rates they secured a few years ago. These factors, coupled
Read MoreYou Can Live Well in Tennessee on Just Your Social Security, If You’ve Paid Off Your Mortgage

Tennessee barely makes the cut as a state where retirees can survive on Social Security benefits alone—if they’ve already paid off their mortgage. According to a Realtor.com® analysis of median Social Security benefits by state and the Elder Economic Security Standard Index,, retirees in the Volunte
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Taylor Swift has opened up about the moment that NFL star Travis Kelce popped the question to her on the grounds of his Kansas mansion—detailing how he managed to hide an intricate floral garden that he had set up for the occasion while they were inside the property. Kelce proposed to Swift in a ver
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President Donald Trump's daughter, Tiffany Trump, has shared a rare glimpse at her baby son, Alexander Trump Boulos, while enjoying a mother-son outing in New York City over the weekend. Tiffany, 31, who welcomed her first-born child with husband Michael Boulos on May 15, traveled to the Big Apple t
Read More You Can Live Well in Nevada on Just Your Social Security, If You’ve Paid Off Your Mortgage

Nevada makes the list of states where retirees can survive on Social Security benefits alone—if they’ve paid off their mortgage. According to a Realtor.com® analysis of median Social Security benefits by state and the Elder Economic Security Standard Index,, retirees in Nevada have an annual surplus
Read MoreYou Can Live Well in Alabama on Just Your Social Security, If You’ve Paid Off Your Mortgage

For retirees in Alabama, Social Security benefits can be enough to cover the basics—as long as the mortgage is paid off. According to a Realtor.com® analysis of median Social Security benefits by state and the Elder Economic Security Standard Index,, the average retiree in Alabama ends up with an an
Read MoreThe Old Farmer’s Almanac Forecasts a ‘Colder-Than-Normal’ Winter for Some Unsuspecting Homeowners

The fall leaves are making way for chillier temps and snowy conditions much sooner than many would expect, according to The Old Farmer’s Almanac. In truth, the Almanac suggests that homeowners won’t have a terrible winter season. In fact, it might be much milder than years previous. But according to
Read MoreYou Can Live Well in West Virginia on Just Your Social Security, If You’ve Paid Off Your Mortgage

Retirees in West Virginia may be surprised to find that their state offers one of the most affordable paths to aging in place on Social Security alone. According to a Realtor.com® analysis of median Social Security benefits by state and the Elder Economic Security Standard Index,, the typical retire
Read MoreNorth Bay Village condo building near Related, Macklowe’s planned towers hits market

A group of unit owners hired brokers to sell their waterfront building in North Bay Village, near Related Group and Macklowe Properties’ planned two-tower luxury condo tower project. Nearly all of the Harbor Condominium owners tapped Blanca Commercial Real Estate and MSP Group to sell the 29-unit,
Read MorePersonal injury attorney’s $13M Palm Beach townhouse tops signed contracts

An attorney’s Palm Beach townhouse asking $12.9 million led luxury contracts in Palm Beach County last week. Buyers signed 13 contracts between Sept. 29 and Oct. 5 for luxury properties in Palm Beach County, according to a market report from Douglas Elliman’s Eklund-Gomes team. The homes that went p
Read MoreCash Buyers Call the Shots at Both Ends of the Housing Market—Especially in These 6 Metros

As mortgage interest rates stay stubbornly above 6%, all-cash offers remain highly attractive, particularly at the two extremes of the market: the most affordable and the luxury segments. Nationally, roughly a third of all homes sold during the first half of 2025 were paid for in all cash, down jus
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A newly constructed Los Angeles megamansion offering spectacular city and ocean views from its sky-high promontory has just hit the market for an astonishing $125 million—a price that has rocketed the "monumental" abode to the very peak of the week's most expensive homes list. The 22,000-square-foot
Read More The Case for Buying a Home, Even If You’re Set To Inherit One

First-time homebuyers have been stuck on the sidelines for years. Up against stubbornly high prices and mortgage rates, many have finally decided to sit this one out—at least until they inherit a home. In what’s being described as the Great Wealth Transfer, baby boomers today own nearly $19 trillion
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A Hamptons-style Sherman Oaks abode that was once famously owned by actor Neil Patrick Harris and his husband, actor and chef David Burtka, has returned to the market for $3.99 million—13 years after it served as the set for a very intimate on-screen interview between the couple and Oprah Winfrey. H
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A rare opportunity to own Utah’s only authentic thatched-roof home has come on the market in Holladay to the tune of $4.15 million—30 years after it was conceived as a unique gatehouse by renowned architect David Easton. The two-bedroom, three-bathroom home, which sits on a 2-acre parcel of beautifu
Read More New Construction in New York City Attracts Ultrawealthy Buyers

There's no shortage of luxury homes for sale in New York City, but a particular feature stands out: new construction. Sales of newly constructed units are attracting the upper echelon of buyers. The most expensive to go under contract is at 53 West 53rd St., Unit 65. The asking price is $46.8 millio
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Barstool Sports president Dave Portnoy has reportedly found himself a new "sanctuary" in the Florida Keys, where he is understood to have just purchased a staggering compound for $27.75 million—breaking the record for the highest property sale in the picturesque village of Islamorada. The 48-year-ol
Read More Dave Portnoy pays record $28M for Islamorada compound

Barstool Sports owner Dave Portnoy bought a waterfront mansion in Islamorada setting a record for home sales in the Florida Keys. Portnoy paid $27.8 million for the 1.7-acre property at 76180 Overseas Highway in Islamorada, sources confirmed to The Real Deal. Property records show Tom and Caryl Dona
Read More9 Luxury Homes in the Outer Banks Tumble Into the Ocean

Nine homes collapsed into the ocean this week on Hatteras Island, NC, after they were slammed with rough seas churned up by two hurricanes that passed hundreds of miles offshore. Eight of the homes were in Buxton, in the middle of the barrier island, and one was 25 miles north in Rodanthe. One house
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