John Wayne’s California Ranch Sells
The Old West estate, which is on over 2,000 acres, is like a scene from one of his movies. Read More
BY THE NUMBERS
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Why CFOs Can Benefit From Dynamic Finance
The principles of dynamic finance can help organizations become more streamlined, responsive and quick to deliver change. It’s about having simplified, standardized processes, a foundation of enabling technologies and a skilled workforce. Here’s a summary of seven core principles and how they work in practice.
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TRENDING TODAY
LISTING OF THE DAY
A Buttercup Yellow Villa From the 1700s Sits Directly on Lake Como
Recent upgrades kept the historic home’s Old World style while adding modern amenities. Read More
SMART HOMES
Picture Perfect: High-Tech Photo Frames That Make Fantastic Gifts
Elegant displays to easily showcase your ever-growing picture collection. Read More
NEWS BITES
Another Man-Made Island in Dubai Is Back on Track
Some 15 years after Dubai’s Palm Jebel Ali project was stalled, a new development plan has been approved for the largest of the city’s palm-shaped artificial islands. The development—which has been on hold since the financial crisis of 2008—will have over 80 hotels and resorts and provide approximately 35,000 families with luxury beachside living. Its revival comes during a significant rebound in Dubai’s real estate market, which is seeing an influx of international buyers and soaring property prices. Big News Network
Regional Towns Are Defying Australia’s Property Market Downturn
Away from its big cities, Australia’s most affordable regional towns are defying the country’s property market downturn. South Australia’s Wattle Range local government area, some 200 miles southeast of Adelaide, logged the best performance with prices jumping 40.6% over the past year to a median of A$355,000 (US$236,520). “Our house prices had been very, very reasonable for quite a few years, but then demand pushed them up when we had a lot of people from Melbourne and Sydney after the lockdowns who came here to live,” said Valerie Jones, sales manager at Professionals Millicent. Domain
Seattle Floating Home Asks $2.25 Million
A floating home in Seattle known as the Hummingbird House has hit the market for $2.25 million. Located on Lake Union in the city’s Eastlake neighborhood, the residence was built in 1999 and thoroughly renovated in 2006. It has three bedrooms and custom features including built-in storage, banquette seating and bunk beds with a tree-trunk ladder. There are also several deck spaces, including one where hummingbirds nest each spring. Bollyinside
Home Sales Rebounding in Auckland, New Zealand
In Auckland, the largest city in New Zealand, the real estate market is showing signs of a rebound. The number of sales across the city jumped between April and May, returning to levels close to those typical for this time of year prior to the pandemic. “Eager buyers returned to the Auckland housing market in May, with property sales being their best in a month since May last year,” said Peter Thompson, managing director of real estate firm Barfoot & Thompson. “May’s sales are another sign that the Auckland property market has either hit the bottom of the current cycle or is close to it.” Mortgage Introducer
AROUND NEWS CORP
Wrigley Gum Heir Sells Neighboring Aspen Properties for Nearly $31 Million [The Wall Street Journal]
Yorkshire Dales Climbing Landmark Is Put up for Sale [The Times of London]
Epic Sydney Home With Gold Pool Sells for A$16M [news.com.au]
You Can Now Buy a Home With Just 1% Down—but Should You Get One of These Bargain Mortgages? [Realtor.com]
