Category Archives: News

As the festive season kicks into high gear, and millions of Americans prepare to travel for the holidays, a concerning surge in COVID levels has been reported, reaching the highest since last December. According to wastewater data analysis from the Centers for Disease Control and Prevention (CDC), the rise is particularly pronounced in several regions, […]

CNBC reports that Austin, Texas, stands alone among major U.S. cities, witnessing a decline in home prices over the past 12 months while the rest of the nation grapples with soaring real estate values. What caused this unexpected turn of events? Let’s take a closer look. From Frenzy to Cooling Market Once a symbol of […]

In an era where homeownership seems like an unattainable dream for many young adults, a new trend called “doom spending” has emerged among Gen Z and young millennials. Faced with soaring house prices, economic uncertainties, and the pressures of adulting, they are diverting their financial focus from saving for a home to indulging in luxury […]

In a recent CNBC interview, Richard Weiss, the Chief Investment Officer of the Multi-Asset Strategy Group at American Century Investments, shared a candid perspective on the market’s current state, the possible threat of a recession, and his strategic outlook for 2024. Be Cautiously Optimistic According to Weiss, the prevailing narrative of a “soft landing” in […]

Forbes reports that the Federal Trade Commission (FTC) has put forth significant amendments to the Children’s Online Privacy Protection Act (COPPA) Rule, seeking to enhance protections for children’s data on websites and online services.  These proposed changes would further restrict the utilization and monetization of children’s personal information by platforms falling under COPPA’s jurisdiction, such […]

In a recent report by the Office of the Texas Governor, a sense of urgency and desperation permeates the air of the Texas borderlands. Governor Greg Abbott is leading an unyielding charge against the consequences of what many describe as President Biden’s abandonment of the Lone Star State.  Operation Lone Star, a multi-agency effort helmed […]

In a proactive move to tackle the growing mental health crisis among children and young adults, California Governor Gavin Newsom’s Master Plan for Kids’ Mental Health is now in action. The Department of Health Care Services (DHCS) has announced the allocation of $150 million in grants to 262 organizations, marking a significant investment in the […]

The latest Vintage 2023 population estimates released by the U.S. Census Bureau reveal a significant shift in population trends, marking a return to pre-pandemic norms. The key drivers behind this shift are a decrease in annual deaths and a reversion to migration patterns not seen since before 2020. National Population Growth Overview The United States […]

In a high-stakes legal showdown, the National Association of Realtors (NAR) and major residential brokerages, including Keller Williams and Berkshire Hathaway units, are urging U.S. District Judge Andrea Wood in Chicago to dismiss a class-action lawsuit filed by home sellers seeking over $13 billion in damages. Allegations and Counterarguments The sellers claim that the defendants, […]

In a report released by Fitch Ratings, the U.S. housing market is under a looming cloud of overvaluation, with 88% of metropolitan areas grappling with inflated home prices. The findings, based on a population-weighted average, reveal that a staggering 9.4% overvalued national home prices in the second quarter of 2023.  This crisis paints a grim […]

In a groundbreaking development reported by Futurism, researchers from the Technical University of Denmark (DTU) claim to have created an AI model named “life2vec,” capable of predicting life outcomes, including the approximate time of death.  Published in the journal Nature Computational Science, the study raises eyebrows and sparks curiosity about the possibilities and ethical implications […]

The Los Angeles luxury real estate market is grappling with numerous challenges, from a new mansion tax to disruptions in the entertainment industry. Bloomberg reports that faced with these obstacles, some mansion owners are adopting a strategic shift, choosing to lease their opulent properties instead of entering the sluggish sales arena. New Market Dynamics: A […]

We are witnessing reports about a new development in post-pandemic work culture. A pronounced shift is underway as companies gear up to reintegrate employees back into the office.  The latest insights from a comprehensive survey conducted by Resume Builder shed light on the increasing trend of monitoring office attendance, with 80% of companies set to […]

In a year characterized by global uncertainties, economic shifts, and geopolitical unrest, New York City’s ultra-luxury housing market stands as a symbol of resilience. Undeterred by external challenges, the city’s elite continue to make significant investments in properties that redefine opulence and exclusivity. A Review of Elite Preferences in the Past Year Donna Olshan, a […]

After years of steep climbs, U.S. renters have a glimmer of hope. Experts draw attention to signs indicating a slowdown and even a decrease in rental prices. NBC News reports that the real estate landscape, battered by the COVID-19 pandemic, is now witnessing a shift, offering relief to tenants. Still, it remains to be seen […]

Commercial real estate is bracing for another tough year, with a projected $480 billion wipeout in 2024 following a staggering $590 billion loss in 2023, according to a recent report by Fortune magazine. Capital Economics’ deputy chief property economist, Kiran Raichura, highlighted the perfect storm of weak growth and high-interest rates as the primary factors […]

California’s Lithium Valley has emerged as a focal point in the pursuit of clean domestic energy sources, as highlighted in a recent Forbes video featuring Rep. Raul Ruiz (D-CA). While the prospect of bolstering the nation’s lithium supply for electric vehicles is promising, it raises questions about the potential impact on California residents. But what […]

In a fiery House Financial Services Committee hearing posted on the Forbes YouTube Channel, Democratic Representative Ayanna Pressley (D-MA) unleashed a scathing critique of her colleagues, accusing them of losing sight of the housing affordability plot. However, a closer look at her claims and the committee’s actions reveals a more nuanced narrative that demands scrutiny. […]

Fox Business reports that in a recent annual report released by the Department of Housing and Urban Development (HUD), shocking statistics reveal a 12% increase in homelessness across the United States from 2022 to 2023, reaching the highest levels recorded since the federal government began its point-in-time count in 2007. HUD’s Alarming Findings The report […]

Welcome to Santa’s home that is for sale on Zillow and listed with “Elf Estates: The Enchanted Realty Specialists,” where they present an exclusive look at one of the most magical properties off the market. Priced at $1,177,870 and located in the heart of the North Pole, this enchanting single-family residence is a rare gem […]