California Billionaires Could Get Hit With 5% Wealth Tax—Here’s How It Will Affect the Housing Market

appealing property taxes

California’s billionaires may be on the hook for a one-time 5% tax on their net worth to help the state fund health care for low-income residents after sweeping federal cuts to Medicaid—a move that could generate about $100 billion in revenue but potentially shake up the local housing market’s luxury segment.  Last week, the Service … Read more

Hurricane Melissa Trackers See ‘Catastrophic’ Impact on Caribbean: Do U.S. Homeowners Need To Worry?

Trajectory of the storm path of the 2025 hurricane Melissa.

Hurricane Melissa strengthened to a Category 5 hurricane early Monday morning prior to its approach along the southern coastline of Jamaica and is tracking to be perhaps the most destructive storm of the season.  Over the weekend, the storm rapidly intensified, bringing deadly confusions across Haiti and the Dominican Republic. According to Accuweather, as Melissa … Read more

Related, BH Seek Height Bonus For West Palm Beach Project

The Real Deal Logo

Related Group and BH Group are dangling $4.8 million for park and public transit improvements in West Palm Beach to score approval for a 27-story waterfront condominium. The joint venture is seeking a height bonus of 195 feet for a 0.8-acre development site at 2001 North Flagler Drive that is currently zoned for a building … Read more

Russell Weiner Selling North Bay Road Home Asking $33M

Russell Weiner Selling North Bay Road Home Asking $33M

Billionaire Russell Weiner secured a buyer for his waterfront home on North Bay Road that Keith Menin gut-renovated and recently listed for sale.  The deal is one of 13 contracts signed in Miami-Dade County between Oct. 20 and Oct. 26, according to the latest Eklund-Gomes report, which tracks listings of homes and condos asking $4 … Read more

HGTV Stars Eilyn and Ray Jimenez Accuse Dog Sitter of Cremating Pet Without Their Consent—and ‘Fabricating’ Story About How She Died

HGTV Stars Eilyn and Ray Jimenez Accuse Dog Sitter of Cremating Pet Without Their Consent—and ‘Fabricating’ Story About How She Died

HGTV’s “Divided by Design” stars Eilyn and Ray Jimenez have accused a dog sitter of lying to them about the details of their pet’s sudden passing—and cremating the animal without their consent in an apparent attempt to conceal its true cause of death. Eilyn, 36, and Ray, 37, took to Instagram to blast their Miami-based … Read more

The $1 Million Stretch: Luxury Markets Where You Get the Most for Your Money—and the Metros Charging Big Bucks for Tiny Condos

The $1 Million Stretch: Luxury Markets Where You Get the Most for Your Money—and the Metros Charging Big Bucks for Tiny Condos

Living a life of luxury comes at different price points depending on which part of the U.S. you’re in. The national benchmark for luxury edged down by 0.5% to $1.24 million in September, according to the Realtor.com® September 2025 Luxury Housing Report. A luxury home looks different if it’s located in a city metro or … Read more

California’s Forgotten Governor’s Mansion: Nancy and Ronald Reagan’s Former Home Lists for $7.5 Million—Complete With Secret Time Capsule

Reagan California Mansion

A striking California residence that was built to serve as the governor’s mansion for Ronald Reagan and his wife, Nancy, has come on the market for $7.5 million. Though it is a far cry from 1600 Pennsylvania Ave., 2300 California Ave. represents its own very significant heritage, having been commissioned by the couple in the … Read more

Storied Greenwich Art Gallery Designed To Showcase the World’s Most Unique Pieces Lists as a Private Residence for $16 Million

Greenwich gallery turned house

In the stillness of backcountry Greenwich, CT, sits a residence unlike anything currently on the market—and the chance to own a home so unique that it serves as its very own work of art. The sculptural, light-filled structure at 71 North Porchuck Road once served as the gallery and headquarters for a prestigious art foundation, … Read more

‘Genius’ Midcentury Modern Home Designed by Jimi Hendrix’s Studio Architect Lists in Woodstock for $3.5 Million

‘Genius’ Midcentury Modern Home Designed by Jimi Hendrix’s Studio Architect Lists in Woodstock for $3.5 Million

An incredibly unique midcentury modern compound that boasts ties to iconic rocker Jimi Hendrix has hit the market in Woodstock, NY, for $3.5 million. The property was built in 1969, having been designed by renowned architect John Storyk, the same man who conceived Hendrix’s Electric Lady Studios. Located on 8.75 acres of picturesque land and … Read more