Emerging Real Estate Markets
Sean Payton has a home on one of my favorite beaches, Watercolor, near Panama City Beach, Florida. Here’s his yummy house — I was there, once. Sean is super generous with his beach house and this weekend it was loaded with football celebs who got an impromptu game of “7 on 7” touch football going on…
I found this piece in the LA Times over the holiday weekend — it takes a brutally honest look at the Texas economy. One of every four jobs in the U.S. has been created in Texas post-recession — something I know you’ve heard here before, but the sound is now resonating loud and clear across the…
Remember when, right after Lehman Brothers tanked and the market crashed in fall of 2008, how plain brown shopping bags were the rage? Conspicuous consumption was out, and the wealthy did not want anyone to know that they were blowing $90,000 a month on revolving credit at luxury stores when so many people were out of work. (My friends who work at…
I’m doing something rather unconventional here. I am cutting and pasting in an entire story as I found it on the web. Read, please: Texas Multimillionaire logs rare loss on Ritz Tower sale Donald J. Carter recently sold a 3,700-square-foot condominium in the Ritz-Carlton Tower Residences for $1.25 million, or $64,000 less than he paid…
This article in the Washington Post says that Baby Boomers are changing the face of suburbia and staying put, rather than retiring to the likes of Florida and Arizona, as their parents did, once they retire. The U.S. Census showed how rapidly America’s suburbs are growing — despite efforts to squeeze us into greener, urban multi-family…
