Black Diamond-Shaped Chalet on Utah’s Powder Mountain Lists for $15 Million
The interior of the home features a massive central fireplace with embedded stairs that connect all five levels. Read More
BY THE NUMBERS
| CONTENT FROM: Legacy Properties Sotheby’s International Realty |
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The Legacy Collection – Maine Real Estate
We currently represent an extraordinary collection of homes that are listed for sale across the state. We hope you enjoy reading more about some of the available once-in-a-lifetime properties in Volume 18 of the Legacy Collection.
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TRENDING TODAY
LISTING OF THE DAY
San Francisco Mansion Comes With Rooftop Views and a Five-Car Garage
There is also a full guest apartment with a separate entrance and rooftop garden. Read More
SMART HOMES
Latest Smart Fridges Get Frosty and Futuristic
These high-tech refrigerators do a lot more than your average icebox. Read More
NEWS BITES
Chicago Skyscraper, Set to Be Home to 738 Apartments, Tops Out
In Chicago’s South Loop neighborhood, a residential skyscraper designed by the late German-American architect Helmut Jahn has topped out at 788 feet. Construction on the 73-story tower, in the city’s Historic Michigan Avenue District, began in 2019. When complete, 1000M, as it’s known, will have 738 apartments and a rooftop observation deck with views of the Chicago skyline and Lake Michigan. According to the developers, it will be the tallest observation deck in the city. Dezeen
Home Prices in Some of Australia’s Chilliest Locales Are on an Upswing
In Tasmania, Australia, the property markets in some of the island state’s most remote and coldest areas are outperforming the capital, Hobart. Home prices in the city fell annually in June, whereas the median house price for the rest of Tasmania came in at A$543,000 (US$348,747), up 10.6% annually. In the Central Highlands region for example, home to towns including Miena, the coldest in Tasmania, property values jumped 12.2% between April and June alone. “A lot of people who move here want a change of lifestyle,” said Nardi Stevens of Elders Real Estate Burnie. Domain
Scotland’s Property Values Expected to Log Most-Significant Falls in the U.K.
Property prices in Scotland are forecast to fall 15.7% by 2025, more than any other part of the U.K., according to Oxford Economics. Experts pointed to low wage growth—caused, in part, by the decline of the North Sea oil industry—as a cause, alongside slowing population growth. “The key sectors that we forecast to drive growth will be the business services sectors and information and communications,” said Kerry Houston, associate director at Oxford Economics. “Scotland has a smaller share of those sectors compared to the U.K. average, which is why its growth is weaker.” The Telegraph
Morocco’s Real Estate Market Struggled in the Second Quarter
The real estate market in Morocco continued to stagnate in the second quarter according to data from the central bank, Bank Al-Maghrib. Residential property pieces fell 0.5% in the three-month period and the number of transactions dropped 10.3% in the same time. Since September 2022, the bank has increased interest rates four times, and while the slowdown resulting from the consecutive jumps has worsened this trend, Morocco’s real estate market had been in decline long before the onset of the pandemic. Morocco World News
AROUND NEWS CORP
A Massive Gilded Age Mansion in San Francisco Asks $32 Million [The Wall Street Journal]
Second-Home Owners Are Island Hopping off Arran [The Times of London]
Top 6 Reasons to Not Buy a Home—Debunked [Realtor.com]
Owner of Miami’s E11EVEN Nightclub Buys Sleek $19 Million Waterfront Estate [New York Post]
