Anne Butler Realty Group

Real estate is a durable investment. It is one of the pillars of wealth for longevity. Rental $$$ dissipate.

Baby boomers and older Americans have spent decades amassing one of the largest concentrations of private wealth in history. Now, that wealth is starting to be passed down to the next generation—and it’s having a ripple effect across the high-end property market.

Over the next decade, roughly 1.2 million individuals with net worths of $5 million or more are projected to pass down more than $38 trillion globally, according to a new report from brokerage Coldwell Banker Global Luxury reviewed exclusively by The Wall Street Journal.

Real estate is poised to play a significant role in the great wealth transfer. Gen Xers and Millennials are set to inherit $4.6 trillion in global real estate over the next 10 years, according to the report, which incorporated data from research firms Altrata and Cerulli Associates. Nearly $2.4 trillion of that property is located in the U.S.

It isn’t a new phenomenon for well-off parents to give children a helping hand in securing a first home. But at the high end of the market, agents say more parents aren’t waiting for kids to inherit their wealth; they are buying them luxury properties sooner. It’s reshaping the definition of luxury real estate, as more sellers cater to the tastes and preferences of a younger generation of buyers.

What will be the ripple effects of the great transfer of real estate wealth? 🔗 https://on.wsj.com/4qUSwxY

Marriott’s CEO spoke out about DEI | Fortune The next day, he had 40,000 emails from his associates.

One of DC’s priciest waterfront condos sells out
Source: WTOP

One of DC’s priciest waterfront condos sells out - NewsBreak Amaris, part of Phase 2 at the Southwest Waterfront’s The Wharf development, officially opened in 2022, and condo units have consistently driven the highes

A must read. Absolutely inspiring.

“You Are Not the Minority. You Are the Majority”: Fawn Weaver’s Powerful Message To FAMU Graduates | Essence The billionaire entrepreneur and Uncle Nearest CEO delivered five powerful lessons on faith, legacy, and leadership—prompting a standing ovation from FAMU’s Class of 2025.

In 1939, when Opal Lee was 12 years old, a racist mob attacked and destroyed her family’s home in Fort Worth, Texas, simply because they were a Black family moving into a predominantly white neighborhood. The mob, estimated at around 500 people, vandalized the house, broke windows, and dragged furniture into the street to smash it. The police were present but did not intervene. Lee and her family were forced to flee and never returned to that home.    More than 80 years later, in 2024, Opal Lee—now a 97-year-old civil rights activist known as the “Grandmother of Juneteenth”—was gifted a new home built on the same lot where her family’s house once stood. Trinity Habitat for Humanity, which owned the land, sold it to her for $10 and constructed the new house at no cost, with support from local organizations.   This homecoming was especially symbolic, as it coincided with Juneteenth, a holiday Lee had long championed to become a national observance. In 2021, her efforts were realized when Juneteenth was declared a federal holiday. 

I bet it's the best chicken recipe you've ever tried! Ingredients: chicken breast: 1 pc flour: 100 g (3.5 oz) eggs: 3 pc black pepper: 2 g (0.1 oz) salt: 4 g (0.1 oz) garlic: 6 g (0.2 oz) parsley: 15 g (0.5 oz) parmesan: 50 g (1.8 oz) butter: 20 g (0.7 oz) garlic: 3 cloves chicken broth: 180 ml (6.1 fl oz) garlic: 8 g (0.3 oz) lime: 1 pc butter: 20 g (0.7 oz) parsley: 10 g (0.4 oz)

Apple Will Pay You to Hack Its Apple Intelligence Servers | Entrepreneur Apple posted about a new security research challenge for hackers to try and test the security of the company's servers that host its just-launched Apple Intelligence features.

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$55,000 psf !!!

Northwest D.C. mansion sets Greater Washington record as a rental - Washington Business Journal A Northwest D.C. mansion with three kitchen, a ballroom and walls infused with 24-karat gold has set a regional record — as a rental.