Away From the Beach Parties, Ibiza’s Inland Villas Are All the Rave
Demand for heritage homes called fincas in the inner part of the Spanish island is driving its latest housing boom. Read More
BY THE NUMBERS
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New Cyber Rule From SEC: 3 Ways to Improve Cybersecurity
The SEC has finalized a new rule for public companies requiring certain disclosure of cybersecurity incidents, annual reporting of cybersecurity risk management, strategy and governance, and an opportunity to refresh cyber incident management processes and posture.
Learn More
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TRENDING TODAY
LISTING OF THE DAY
Turreted Brooklyn Mansion Looks Straight out of a Wes Anderson Movie
Architect Montrose Morris designed the Clinton Hill home in 1889. Read More
SMART HOMES
Smart Screens Perfect for Football Season
Optimize your NFL-viewing experience this year with these high-tech devices. Read More
NEWS BITES
Home Prices in Canada Expected to Remain Flat the Rest of the Year
A higher interest rate environment and lack of inventory will continue to weigh on Canada’s housing market in the fall, according to a Re/Max report. Average home prices, meanwhile, are expected to remain flat for the rest of the year. The report said interest rates and inventory levels will likely result in a softer market for the remainder of the year, something some Canadians may look to take advantage of going into 2024, says Re/Max Canada president Christopher Alexander. “If the fall market is an early indicator for 2024 activity, we may see a very active first quarter as buyers and sellers take advantage of easing prices into the earlier part of next year,” he said. Yahoo Finance
Sydney-Area Beach House Sells for A$10.6 million
A contemporary home in Coogee, a beachside suburb of Sydney, has sold at auction for A$10.6 million (US$6.76 million). The fast-moving auction opened at A$9.7 million, with three bidders, all end-users, vying for the beach home. The architectural home, with glass-lined balconies overlooking the water has “views from every angle,” said selling agent Sam Capra. The market around Coogee, an affluent area with low inventory, has been strong and largely unaffected by rising interest rates, Capra said. Domain
Van Halen Bassist Michael Anthony Sells Southern California Home
The former bassist of Van Halen, Michael Anthony, has sold his Glendora, California, home a little more than a month after listing it for sale. The ranch-style home hit the market in late July for $1.198 million and recently sold for $1.3 million. According to records, the home last sold in 1980 for $180,000, and Anthony put about $200,000 into renovations and upgrades, letting the rocker walk away with a good-sized profit. The 2,000-square-foot home has three bedrooms, two and a half bathrooms and a swimming pool. It’s located 26 miles east of Los Angeles. Realtor.com
A 19th-Century Victorian Outside of Melbourne—Once Home to a Famous Portrait Artist—Asks A$8 Million to A$8.8 Million
A 144-year-old Victorian home on the “Golden Mile” of Canterbury in Australia—an eastern suburb of Melbourne, Victoria—has hit the market with a guide price of A$8 million to A$8.8 million (US$5.1 million to US$5.6 million). The home was once owned by the late Australian artist Paul Fitzgerald and his wife, Mary, an actress, housing a studio space where the artist created many of his famous portraits. The home changed hands in 2005 and has been extensively renovated, retaining stained-glass windows and soaring ceilings with detailed cornices, while adding an expansive living and dining area, a kitchen complete with Barazza and Miele appliances, and floor-to-ceiling glass windows. There’s also a tennis court and a pool. realestate.com.au
AROUND NEWS CORP
What’s Worse Than Record High Rent? Record High Rent, Plus Fees. [The Wall Street Journal]
Why A-Listers Are Swapping California for Cornwall [The Times of London]
Chic Overload: The Wallpapers of Instagram Will Change Your Mind About Wallcoverings Forever [Realtor.com]
Edmund Blackett’s Neo-Gothic Mansion ‘The Darling of Darling Point’ Hits Market for Spring [news.com.au]
