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.
Bill would end Social Security benefit taxes, expand payroll tax to wealthy

Sen. Ruben Gallego (D-Ariz.) has introduced the You Earned It, You Keep It Act, which would eliminate federal taxes on Social Security benefits while extending the payroll tax to incomes above $250,000. “Like a lot of Americans, I’ve been paying into Social Security since my first job at 14. But des
Read MoreWildfire warnings accompany California’s older home sales

California has become the first U.S. state to require homeowners selling older properties in high-risk wildfire zones to disclose not just a house’s vulnerabilities, but also steps taken to reduce those risks. The new mandate took effect in July and applies to houses built before 2010 – when the sta
Read MoreShe Tried To Add a Ramp for Her Wheelchair-Bound Mother-in-Law. The HOA Rejected It as ‘Unsightly’

If you live in a house without a homeowners association (HOA), making accessibility changes—like adding a ramp or widening your walkway—is generally simple. You schedule the work and get it done. But if you live in a home or condo with an HOA, things can be trickier. A California couple on Reddit sh
Read MorePressure Grows for Fed Rate Cut as Stunning Jobs Data Revision Shows Economy Teetering

Pressure is growing on the Federal Reserve and Fed Chair Jerome Powell to cut its benchmark interest rate next week, following a stunning new revision to employment data showing the labor market is much weaker than previously thought. The Labor Department issued an annual revision to payroll estimat
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Taylor Swift and Travis Kelce may have happily announced the news of their engagement to the world in a very public way—but when it comes to their actual wedding, the duo are said to be intent on ensuring the event is a much more "private affair" that does not turn into a "spectacle." The "So High S
Read More Texas HVAC firm pays $16M for Fort Lauderdale office building for its regional HQ

Lennox Industries bought an office building in Fort Lauderdale for $16 million, with plans to open its Southeast U.S. headquarters. Richardson, Texas-based Lennox, which provides climate control services to residential and commercial properties, purchased the 30,000-square-foot building at 2001 Sou
Read MoreWidow of insurance “bounty hunter” sells Palm Beach condo for $17M

Beverly Rawlings, whose late husband pioneered a multibillion-dollar insurance-adjacent industry, sold her oceanfront Palm Beach condo for $17.2 million in an off-market deal. It marks one of the island’s most expensive condo sales ever. Records show Rawlings sold the condo at 102 Gulfstream Road to
Read More7 Major Cities Are Now Buyer’s Markets—but Delistings Continue To Rise

Summer ended with a standoff between reluctant buyers and frustrated sellers—but this fall, house hunters can be a bit more optimistic as seven of the 50 biggest metros become buyer's markets. The national housing market reached a balance of five months of supply—the first summer to do so since Real
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A waterfront mansion on Florida's tony Palm Beach has just returned to the market for $65 million—having undergone a staggering $12.9 million price cut. Remarkably, despite the significant reduction in price, the “masterfully built” property has still managed to shoot to the top of the week’s most e
Read More The Rules of Retirement Are Changing— How It Can Impact Your Home and Savings

Conventional wisdom has long held that retirees should plan on spending 4% of their savings in the first year of retirement and then spending that same amount, adjusted for inflation, every year after that. The premise has helped countless people save for retirement, reverse engineering their target
Read MoreHow Fall Buyers Can Use Year-End to Their Advantage for a Better Deal

Seasonality has long shaped the housing market. For decades, buyers and sellers have flocked to the summer months, drawn by school breaks, favorable weather, and a flood of listings. But the summer surge can also leave many behind, especially those unable to compete with all-cash offers or bidding w
Read More‘Magnificent’ Modern Farmhouse Near Las Vegas Hits the Market for $13.5 Million

In Las Vegas, where the majority of the desert destination's housing stock is a sea of beige, one "magnificent" farmhouse listing nearby is a standout. Listing agent Ivan Sher of IS Luxury in Las Vegas says he’s only seen two modern-farmhouse designs in and around Nevada’s largest city. With its sig
Read MoreTop 20 U.S. Suburbs for a Quieter Life Away From the City

Cities may be thought of as glamorous and exciting, but many Americans prefer the suburbs. And with thousands of them to choose from, how to know which suburb to pick? "Where you live shapes so much of your life, from career opportunities to your kids’ education, and even your health!" Nick Liberati
Read MoreTrump Signs Trigger Lead Bill Into Law Protecting Homebuyers

Homebuyers will soon have an added layer of protection when shopping around for a mortgage after President Donald Trump signed into law the Homebuyers Privacy Protection Act on Sept. 5. The law, which will go into effect March 5, 2026, is designed to prohibit the abuse of what's known as trigger lea
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Kendall Jenner has revealed that she is building a home "out West" and has even debated leaving behind a life of glitz and glam to design other people's houses. The 29-year-old model opened up about her love of the "simple life" alongside best friend and fellow runway star Gigi Hadid, 30, in a wide-
Read More Mill Creek, Group P6 score $101M construction loan for 306-unit Boca Raton apartment project

Mill Creek Residential and Group P6 scored a $100.9 million construction loan for a 306-unit apartment building in downtown Boca Raton. The deal comes amid a continuing flow of financing for South Florida multifamily projects, despite elevated interest rates, skyrocketing insurance and slower lease
Read MoreMiddle East is catching up to Miami’s branded condo craze

Miami, and by extension the U.S., has long dominated the realm of branded condos in luxury real estate. But a new report from Knight Frank shows the Middle East is closing in on the lead. According to the report, the U.S. makes up 32.7 percent of all active branded residences and 26.2 percent of pip
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Luxury can bring along perks, and the most expensive condominium sold in New York City for the week ending Sept. 7 comes with daily catered breakfast. The condo at 111 West 57th Street was listed for $22 million, reduced from the original $27.5 million price tag when the building started marketing f
Read More Bill aims to expand affordable housing on unused religious, college land

U.S. Sens. Mark R. Warner (D-Va.), Andy Kim (D-N.J.) and Lisa Blunt Rochester (D-Del.) introduced legislation last week that would make it easier for faith-based organizations and colleges to convert unused land into affordable housing. The measure — called the Yes in God’s Back Yard (YIGBY) Act — w
Read MoreUS housing market value hits record $55T, but growth is slowing
The total value of U.S. homes has climbed to a record $55.1 trillion, although growth has cooled in the past year amid high housing costs. That figure represents a $20 trillion increase since early 2020 and an $862 billion gain over the past year, according to an analysis released Monday by Zillow.
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