Does Smart Technology Add Value to a Home? Not as Much as You Might Think
While many buyers appreciate a certain amount of automation, some are put off by all the hacks and apps needed to operate today’s high-tech home systems. Read More
BY THE NUMBERS
TRENDING TODAY
LISTING OF THE DAY
A Ralph Lauren Aficionado’s Dream Home Is Selling in Suburban Connecticut
The 4-acre spread offers a pool and spa, a tennis court, a charming pool house, a custom tree house, a gym, an elevator and a dog-wash. Read More
NEIGHBORHOOD NOTES
Nostalgia and Great Value in Chicago’s Highland Park Suburb
The town 25 miles from the city offers relative steals compared to neighboring pockets of affluence. Read More
NEWS BITES
British Luxury Home on Prehistoric Site Lists for £2.5 Million
What’s being called Britain’s “oldest home” has hit the market for the first time in 120 years for £2.5 million (US$3.1 million). Kents Cavern, in the seaside town of Torquay, sits on a Unesco site, and includes a refurbished luxury three-bedroom owner’s residence, as well as underground caverns—which formed over 2.5 million years ago and were once occupied by prehistoric humans and Ice Age animals—a woodland trail, a visitor center and a restaurant that are open to the public. Devon Live
Two Exclusive Hong Kong Homes Listed by Son of Hong Kong Billionaire
Lau Ming-wai, the son of Hong Kong-based billionaire Joseph Lau Luen-hung, has listed two residences in the city for almost HK$1 billion (US$127.52 million). Located at the Peak, Hong Kong’s most exclusive residential neighborhood, both three-story properties have far-reaching views of Victoria Harbour. The younger Mr. Lau is the chairman of Hong Kong-listed developer Chinese Estates Holdings, formerly chaired by his father. South China Morning Post
New Supertall Tower Underway in Dubai
A new supertall tower project is underway in Dubai: The Habtoor Tower will feature 1,701 units over 81 floors, according to Al Habtoor Group, the developer. The firm said the skyscraper will be one of the tallest residential towers in the city, but has not yet disclosed exactly how tall that will be. The site is next to the Dubai Water Canal, close to the Dubai International Financial Centre, and it will have a view of Burj Khalifa, the world’s tallest building. The National
Trisha Yearwood’s Nashville-Area Home—Complete With Show Kitchen—Lists for $4.5 Million
Country singer and celebrity chef Trisha Yearwood has listed her Nashville, Tennessee, estate for $4.5 million. The five-bedroom, seven-bathroom house was the backdrop for 11 seasons of her Emmy Award-winning cooking show, “Trisha’s Southern Kitchen,” so it’s no surprise the kitchen is kitted out with Wolf appliances, a six-burner cooktop, double ovens, warming drawer, a 30-inch gourmet microwave and a Sub-Zero refrigerator. USAToday
AROUND NEWS CORP
Venture Capitalist Asks $37.5 Million for Home in One of Miami Beach’s Most Exclusive Enclaves [The Wall Street Journal]
Are Foreign Buyers Making the Housing Crisis Worse? [The Times of London]
Shhh: 5 Living Room Design Ideas That Nail the Quiet Luxury Trend [Realtor.com]
Hamptons Summer Rentals Are Poised to Take a Hit This Year, Brokers Say [New York Post]
