Fed Interest Rate Hike: Why It Matters, as well as What It Implies genuine Estate Investors

Dec 3, 2022

On Wednesday, March 16, 2022, the Federal Reserve announced it would be raising interest rates for the first time since 2018. While the 25 basis point hike (one basis point=0.01%) was largely expected, the underlying shift in Fed policy will impact the housing market, and real estate investors should understand and pay attention to it.  In this article, I will provide a brief overview of what the Fed is doing, why they are doing it, and how it could impact real estate investors.  At the ...read more

Madonna wants $26 million for mansion she purchased from The Weeknd

Dec 3, 2022

The Queen of Pop is trying her hand at flipping a house. A year after buying The Weeknd’s Hidden Hills mansion for $19.3 million, Madonna is shopping it around for $26 million. Interior photos are scarce, so it’s unclear how many changes Madonna made to justify a $6.7-million price increase. The only confirmed upgrade is the barn, which the pop star turned into a gym and Pilates studio. Spanning three acres, the amenity-loaded compound offers plenty to do both inside and out. The estate ...read more