Luxury Rents Around the World Rose Faster Than Sales Prices 2023
Lisbon led the 30 cities analyzed in the Savills World Cities Index with a striking rental growth of 39%. Read More
BY THE NUMBERS
CONTENT FROM: South Flagler House Palm Beach |
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South Flagler House: A Timeless Waterfront Masterpiece
Artfully combining the vibrant spirit and neo-classic grandeur of West Palm Beach, South Flagler House is designed by Robert A.M. Stern Architects and presented by Related Companies. Celebrating a prime waterfront location with spectacular views, enjoy homes of expansive scale with unprecedented lifestyle amenities in South Florida’s most pedigreed location. 2–5 bedroom residences for sale.
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TRENDING TODAY
LISTING OF THE DAY
Cape Town Penthouse Comes With a 22-Car Garage and a Ferrari-Themed Home Theater
Other amenities include a rooftop deck with a pool, a wine cellar and a glass elevator to take in the ocean, mountain and city views. Read More
REBUILDS & RENOS
A Home Remodel Outside D.C. Turned a ‘House Crush’ Into True Love. Check out the Before and After.
A Maryland couple bought a house they admired in their neighborhood, then renovated it to match their dream. Read More
NEWS BITES
Skechers Founders Snap up Neighbor’s Home for $15 Million
The family that founded shoe brand Skechers is expanding their real estate footprint in Hermosa Beach, south of Los Angeles. An entity tied to the company bought a $15.4 million three-bedroom home next to a contemporary mansion the entity has owned since 2019. Together, the two parcels amount to $31 million. Robb Report
Jenny Slate’s California Cottage up for Rent for $12,500 a Month
Actress Jenny Slate is seeking a tenant for her cute Craftsman-style cottage in Los Angeles’s trendy Silver Lake Hills neighborhood. The fully furnished abode, asking $12,500 a month, features three bedrooms and two bathrooms and is available for a six- to nine-month lease. Built in 1912, the home has plenty of privacy and is convenient to the shops and restaurants of Sunset Boulevard and iconic attractions, such as Griffith Observatory. Realtor.com
U.S. Is Looking to Crack Down on Dirty Money Infiltrating the Real Estate Market
The U.S. Treasury Department’s financial crimes unit proposed a long-awaited plan Wednesday aimed at curbing the flow of illicit funds through American real estate markets. The proposal would require real estate professionals to flag suspicious activity seen in cash residential home purchases. It expands on targeted efforts to crackdown on money laundering through real estate in specific geographic areas. Reuters
In Australia, Nine More Suburbs Join the A$2 Million Club
Across the Australian cities of Sydney and Melbourne, nine suburbs have joined the exclusive A$2 million (US$1.29 million) club, having seen their median home price surpass the seven-figure benchmark at the end of 2023. The suburbs include Beaumaris, roughly 30 minutes southeast of Melbourne’s central business district; Ashfield in Sydney’s inner west; and the seaside suburb of Byron Bay. There are 87 suburbs across the states of New South Wales and Victoria where the median property price is in the A$2 million range. Domain
AROUND NEWS CORP
A Six Flags Set Designer Brought the Wild West to Life Inside This $8.95 Million Georgia Home [The Wall Street Journal]
What You Get for £925,000 in Wiltshire, Devon, Northumberland and Sri Lanka [The Times of London]
Here’s How Much It Costs to Buy a Former Train Station That’s Now a Lovely Home [New York Post]
Mudrooms: The New Cool Room That’s a Must Have in Your Home [news.com.au]