A Lot of San Francisco Home Sellers Lose Money. Here’s How to Avoid That Fate.
The shift to a buyers’ market in the city has hit sellers’ bottom lines, but homeowners can take steps to limit their losses. Read More
BY THE NUMBERS
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HOME OF LEGENDS
Within these historic walls, discover a new and inspiring home as the Old War Office is reborn as The OWO. Experience the finest in service & style at Raffles Hotel & Residences, unparalleled culinary experiences and a transformational spa.
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TRENDING TODAY
MANSION GLOBAL BOUTIQUE
Wanna Get the Top Gifts This Year? Shop Early
Holiday shopping—or at least planning for it? You’re not alone. According to the 2023 WSJ Global Holiday Shopping Monitor, U.S. residents are starting their gift-buying journey earlier this year than last, and spending around the same amount as last year, too. Visit the Store
LISTING OF THE DAY
‘The Last Great Estate in Aspen’ Comes With a Stream and a Pond
Overlooking the Colorado resort town, the 5.4-acre parcel sits atop Red Mountain with views of all four ski areas. Read More
MANSION GLOBAL ON YOUTUBE
This $20 Million Mansion Has a Star-Studded Past
It’s been home to a slew of celebrities in the decades since it was built for comedian Bert Lahr, best known for playing the Cowardly Lion in “The Wizard of Oz.” Watch Here
NEWS BITES
In New Zealand, First-Time Buyers Are Snapping up a Record Share of Homes
First-time home buyers are dominating New Zealand’s property market despite a gamut of economic challenges, according to a property data firm CoreLogic. Those buyers who are taking their first step onto the property ladder accounted for a record 27% of all property purchases in the third quarter, and have maintained a market share of 26% in the year to date—well above the long-term average of 21%. The wider Wellington area has the biggest market share of first-time buyers, who have accounted for 33% of home buys so far this year. Mortgage Professional America
Sales Have Surged 100% Over Last Year in Abu Dhabi
Abu Dhabi real estate transactions more than doubled in the third quarter compared to last year, according to an analysis by Asteco. A total of 4,160 deals were recorded in the quarter in the United Arab Emirates capital, a significant uptick from the previous quarter, too. The report by the full-service real estate company noted that Abu Dhabi’s residential sales market is set for further growth in the coming months, driven by the delivery of 1,000 residential units in the third quarter, with notable concentrations in Al Raha Beach. ArabianBusiness
Australia’s Rental Crisis Deepens
Renters in Australia are seeing even fewer options as available homes for rent dwindled further across the country last month. The latest PropTrack data found that the national rental vacancy rate fell to a record low 1.02% in October, down 0.06% compared to the previous month. Australia’s rental crisis has been exacerbated by sluggish home building that hasn’t kept up with surging overseas migration into the country. realestate.com.au
Los Angeles Home Designed by Architect Ray Kappe Sells for $2.5 Million
A Los Angeles home by one of California’s most influential modernist architects, Ray Kappe, has sold for $2.6 million. Dating to 1954 and located in the Glendale Hills area of the city, the redwood-clad structure was the first residence the architect built, and is locally known as the Gordon & Hildred Goetschel House after its original owners. The three-bedroom abode was refurbished by HabHouse, an L.A.-based restoration firm, which preserved much of the home’s original detail and restored the Kappe-designed swimming pool. Robb Report
AROUND NEWS CORP
Bob Vila, America’s Favorite Handyman, Asks $52.9 Million For Waterfront Florida Home [The Wall Street Journal]
A Baronial Castle With a Smart System Is on Sale for Offers Over £4.5 Million [The Times of London]
MLB Hall of Famer Pedro Martinez Sells His Waterfront Miami Home for $5.3M [Realtor.com]
How Priced-out Families Are Pooling Cash to Live Big [news.com.au]
