A 1,763-Acre English Estate Is Looking for a New Owner for the First Time in a Century
The Suffolk property, asking £19 million, includes a main house that dates to around 1560. Read More
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TRENDING TODAY
LISTING OF THE DAY
Timber Ski Lodge in the French Alps Gives off Rustic Vibes
The five-bedroom ski pad is located in Courchevel 1850, one of the most sought-after areas, and comes with its own hammam. Read More
SMART HOMES
Four Smart Microwaves to Upgrade Your Kitchen
Looking to add more convenience to your cooking? These high-tech microwaves are here to help. Read More
NEWS BITES
Riken Yamamoto Named 2024 Pritzker Architecture Prize Laureate
Japanese architect Riken Yamamoto has been named as this year’s Pritzker Architecture Prize winner. The Japanese architect, who is now the 53rd Pritzker Architecture Prize laureate, was honored for his buildings that aim to foster community. “For me, to recognize space, is to recognize an entire community,” Yamamoto said. “The current architectural approach emphasizes privacy, negating the necessity of societal relationships. However, we can still honor the freedom of each individual while living together in architectural space as a republic, fostering harmony across cultures and phases of life.” Dezeen
Record Number of Home Buyers Are Paying Cash in New York
A record number of home sales in New York City last quarter were made with all cash, as high mortgage rates continued to deter all but the wealthiest of buyers. Almost 70% of the properties sold in the city during the fourth quarter of 2023 were bought without a mortgage, up from 55% at the same time the year prior. “High mortgage rates are creating a real void for people who don’t have the strong finances that are required to buy in cash,” said Pamela Liebman, CEO of Corcoran. “It’s driving people who would be home buyers in New York into renting.” Financial Times
Portugal’s Property Price Growth Is Cooling
Buying a home in Portugal continues to be increasingly expensive, but due to cooling demand caused by the loss of purchasing power and high-interest rates, values are growing at a slower pace than they were. Property asking prices across the country rose just 0.6% monthly in February. Compared to January, prices were up in seven district capitals, with Évora, the capital of Portugal’s south-central Alentejo region, leading the gains with prices up 2.3% monthly. Guarda (1.4%) and Coimbra (1.4%) rounded out the top three. The Portugal News
Studio Apartment Opposite Australia’s Bondi Beach Sells for More Than A$1 Million
A small but stylish studio apartment in a luxury building in one of Australia’s most coveted suburbs has sold for north of A$1 million (US$651,180). The home is on the second floor of the Pacific building—dubbed Sydney’s tower of power for its big-name residents—and is directly opposite the iconic Bondi Beach. The sale price of the less than 500-square-foot apartment was close to the national median property value, which clocks in at A$1.094 million. Domain
AROUND NEWS CORP
America’s Apartment Buildings Are Getting Bigger and Taller [The Wall Street Journal]
Inside the Restoration of Wentworth Woodhouse, Britain’s Largest Private Home [The Times of London]
Hit After Hit: Taylor Swift’s Real Estate Portfolio Is Truly Golden [Realtor.com]
The ’90s Love Nest of Johnny Depp and Kate Moss Has Sold for $12 Million [New York Post]
