California Ranch From HBO’s ‘Sharp Objects’ Is Headed to Auction Next Month
The 1,800-acre property is located in Mendocino wine country and was featured in the 2018 psychological thriller starring Amy Adams. Read More
BY THE NUMBERS
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Cabot Saint Lucia
Located along 1.5 miles of Caribbean coastline, awaits Cabot Saint Lucia. The private community is complete with island-inspired luxury homes, a world-class Coore & Crenshaw-designed 18-hole golf course and exceptional member amenities. Luxury homes from $5M.
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LISTING OF THE DAY
Sin City Mansion Comes With a Safe Room in the Bedroom and Dead-on Views of the Vegas Strip
Amenities include a zero-edge pool and spa with a rainfall fountain, a wine room, a fire pit and an outdoor kitchen with a pizza oven. Read More
SMART HOMES
Seven of Our Favorite Smart-Home Gadgets From CES 2024
From a robot manicurist to a transparent TV, here’s the latest and greatest on display in Las Vegas. Read More
NEWS BITES
Baby Boomers With Empty Nests Own More Big Homes in the U.S. Than Generations With Kids
Empty-nest baby boomers own more large homes in the U.S. than younger generations with kids, according to Redfin. Those empty-nesters own nearly three in 10 (28.2%) of large homes nationwide, twice as many as millennials with kids, who own just 14.2% of the country’s large homes. Gen Zers with kids own almost none (0.3%) of them. “Boomers don’t have much motivation to sell, financially or otherwise,” said Redfin senior economist Sheharyar Bokhari. “They typically have low housing costs, and the bulk of boomers are only in their 60s, still young enough that they can take care of themselves and their home without help.” Redfin
Dubai Had the Busiest $10 Million-Plus Home Market Last Year
Wealthy home buyers spent a record amount in Dubai last year, with sales of $10 million-plus homes nearly doubling to $7.6 billion, more than London and New York, according to Knight Frank. Almost one-third, 28%, of the 431 transactions were completed in the final quarter of last year. Dubai’s super-prime market—properties valued at $25 million-plus—also recorded a surge last year, with 56 deals worth $2.3 billion, double the previous year’s total. The National News
Former Fisherman’s Cottage Now a A$2 Million Property
In Australia’s Blairgowrie, a seaside town south of Melbourne, a former fisherman’s cottage is now a beach compound on the market with a guide price of A$1.8 million to A$1.95 million (US$1.18 million to US$1.28 million). The property includes two dwellings, a two-bedroom cottage and the main residence, which has been updated into a stylish four-bedroom pad. “Curated vintage treasures” in the main house speak lovingly to its history, the listing said. Domain
Canadian Property Transactions Closed 2023 on a High
Canadian home sales ended the year on a high note, according to the Canadian Real Estate Association. In December, deals in the country were up 8.7% monthly and 3.7% annually, the largest year-over-year gain since August. “While December did offer up a bit of a surprise in sales numbers to cap the year, the real test of the markets’ resilience will be in the spring,” Larry Cerqua, the association’s chair. Home sales totaled 443,511 in 2023 nationwide, a decline of 11.1% from 2022 and the lowest level since 2008. Reuters
AROUND NEWS CORP
Inside a Plan to Save Homeowners Hundreds of Dollars Closing Their Mortgages [The Wall Street Journal]
Returnees Splash Cash on Family Homes [The Times of London]
Are Your Home-Buying Tactics out of Date? The New Rules for Buying a Home in 2024. [Realtor.com]
Tom Brady’s Luxe Waterfront Mansion Nears Completion in Miami’s Exclusive ‘Billionaire Bunker’ [New York Post]
