Texas Real Estate
A brand-new, 10,000-square-foot home in Naples, Florida, has just been listed for $49.5 million. The home is located in the exclusive Port Royal neighborhood, right along one of its beautiful canals. The waterfront property features six bedrooms, nine bathrooms, a double-level pool, and even a 40-foot dock. The seller, Greg Summe, is a finance executive … Read more
With the holidays approaching, many people are wondering if home prices will drop this December. Here’s what experts think: In the past, finding a low mortgage rate was easier, but things changed after the pandemic. The Federal Reserve raised interest rates, causing mortgage rates to go up. For years, mortgage rates were under 4%, but … Read more
With Christmas just around the corner, holiday shopping will come to a stop for many major stores, including Home Depot and Lowe’s, which will both close their doors on Christmas Day. This means shoppers will need to plan ahead for their home improvement needs before Christmas, as both stores will be closed for the entire … Read more
A wildfire called the Franklin Fire is spreading fast in Malibu, one of the wealthiest areas in Southern California. The fire, driven by strong Santa Ana winds, has already burned over 3,000 acres. As of Tuesday evening, it shut down all schools in Malibu, closed parts of the Pacific Coast Highway, and forced Pepperdine University … Read more
Investing in the Real Estate Recovery Real estate has always been a favorite among investors, offering tangible assets, steady yields, and a hedge against inflation. After a two-year slump where property values dropped by 22% due to rising interest rates, the market is now looking up. Here’s why this could be one of the best … Read more
Billionaire Sells at a Loss as Chicago’s Luxury Homes Struggle Chicago’s luxury real estate market has been in big trouble since 2021. Now, even billionaires are selling their homes at huge losses. Crime in the city is rising; many believe this is part of the problem. Recently, Ken Griffin, a billionaire and CEO of Citadel, … Read more
Activist Investors Push for Big Changes at Macy’s Macy’s is again under pressure from investors to make major changes. Barrington Capital and Thor Equities want the department store chain to cut spending, sell its luxury brands, and rethink how it uses its real estate. This isn’t the first time Macy’s has been targeted by activist … Read more
Elon Musk’s increasing presence in Florida, from Mar-a-Lago dinners to rocket launches, has sparked speculation about whether the billionaire might establish a residence in the Sunshine State. Musk, known for his modest lifestyle despite immense wealth, could find South Florida’s burgeoning tech and investment ecosystem, alongside its high-profile political connections, compelling reasons to set down … Read more
To join the top 1% of earners in the United States, Americans must bring home almost $800,000 annually. However, the income required varies significantly depending on where you live. For example, in Washington, DC, residents must earn a whopping $1.22 million to join the 1%. At the same time, the threshold is much lower in … Read more
Luigi Mangione, a 26-year-old Ivy League graduate, has been charged with the murder of United Healthcare CEO Brian Thompson. This case has shocked many, considering Mangione’s privileged upbringing and promising future. The young man was arrested in Altoona, PA, on December 9, five days after Thompson’s brutal shooting outside a New York City hotel. A … Read more