Filtering through this weeks headlines...

Top Headlines: Delivered by Granston Group | Leonard Steinberg

January 27, 2025

01  GEN X or GEN$$$$? Generation X, those aged between 44 - 59, now account for 53% of high-net-worth homebuyers, or those worth $5 million or more.  Boomers account for 29%, while millennials account for 17%. Now in their peak earning years, Gen Xers are also benefiting from wealth transfers from older generations. According to Fed data, Gen Xers now hold more wealth than any generation other than boomers and are expected to become the wealthiest in the coming years.

(CNBC)

02  Real estate and interior design trends swing like a pendulum, so it’s only a matter of time before dining rooms become in vogue again.

– Ana Cvetkovic, Rowhome Design

03  New evidence suggests kids who start doing regular, basic home chores early in life are more successful and happier.....

(CNBC)

04  The Flower Fields at Carlsbad Ranch, a renowned springtime attraction in Southern California, will commence its 2025 season on March 1, showcasing vibrant floral displays.

05  Have we entered the era of socialized insurance? Since 2020, the US Congress has appropriated an average of $46 billion for disaster relief, triple the average of the prior decade. In 2024, Congress rushed through $100 billion in aid for disasters including hurricanes Helene and Milton.

(WSJ)

06  Sinkhole Repairs on Lake Drive: Crews have stabilized a sinkhole along Lake Drive in Cardiff-by-the-Sea. Repairs are expected to continue through April 2025

(The Coast News Group)

07 California English, located in San Diego’s Sorrento Mesa neighborhood, is the latest culinary venture by celebrity chef Richard Blais. The restaurant blends the relaxed ambiance of California with the classic charm of the English countryside, offering a unique dining experience. The menu features reimagined British dishes infused with Southern California ingredients, such as ale-battered cod with chips and smashed English peas. Guests can enjoy a variety of settings, including an expansive lawn, a veranda bar, and a cozy interior. California English is open Tuesday through Sunday, with specific hours for brunch, tea time, and happy hour.

(California English)