Five of the Strongest Luxury Housing Markets in the U.S. Right Now
Tech centers to emerging hot spots in the South topped the latest Wall Street Journal/Realtor.com rankings. Read More
BY THE NUMBERS
CONTENT FROM OUR SPONSOR: Selene |
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SELENE NEW YORK | 100 EAST 53 | IN A NEW LIGHT | FROM $2.4 M
Moments from Park Avenue on one of the most architecturally significant streets in New York, the Foster + Partners-designed Selene reflects craftsmanship rarely seen in New Development. Four levels of luminous amenities including a 60-foot pool, sauna, and game rooms create an urban sanctuary. Offers direct elevator access to Michelin starred Le Jardinier restaurant at ground level.
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TRENDING TODAY
LISTING OF THE DAY
Live on a 1,000-Acre Costa Rican Nature Reserve Boasting Some of the Planet’s Greatest Biodiversity
The hilltop property has 60-mile views and a 50,000-square-foot four-level main house. Read More
THE INSIDERS
Major Food Group Co-Founder Dishes on Branded Miami Residences
The company behind Carbone, Dirty French and Torrisi recently announced its first real estate venture, Villa Miami. Read More
NEWS BITES
First Quarter Brings Strong Capital Gains to Dubai’s Villas and Apartments
As Dubai’s property sector continues to bounce back from the Covid-19 pandemic, villas and apartments recorded promising capital gains during the first three months of the year. Villas, which make up 13% of residences in Dubai, grew 17.1% in value during the first quarter, while apartment values increased by 6.6%, according to a report from ValuStrat. The ValuStrat Price Index for Dubai’s residential market rose 11.4% annually to 88 points, and the city’s areas with the most growth were the Jumeirah Islands, the Palm Jumeirah, Dubai Hills Estate and Jumeirah Park. The National
Former Baseball Star Carlos Pena Lists Florida Home for $7.4 Million
Retired baseball All-Star Carlos Peña is looking to offload his massive Florida home for $7.4 million. The gorgeous lakefront dwelling in Windermere sports more than 8,200 square feet, six bedrooms and seven baths, and sits on a 4-acre lot. A vaulted ceiling and grand staircase greet visitors to the stately home, situated in the coveted Keene’s Pointe neighborhood. Over the course of his 14-year career, Mr. Peña played for eight teams and hit 285 home runs. Realtor.com
Chicago’s Luxury-Home Market Bucks Slowdown
Chicago’s luxury housing market is bucking the nationwide slowdown in demand on the back of rising mortgage rates, according to agents there. Tight supply has buyers hunting for off-market listings and eliciting bidding wars for some homes. On the North Shore, for instance—an area encompassing many of Chicago’s affluent waterside suburbs—homes are still selling within 60 days, magnitudes faster than before the pandemic. Chicago Agent Magazine
Mystery Buyer Snags Toorak, Australia, Mansion for A$10.52 Million
A five-bedroom Toorak mansion sold under the hammer for A$10.52 million (US$7.01 Million) on Saturday. Four buyers competed for the luxury property on Glenbervie Road in an auction held behind closed doors. The luxury two-story home drew strong international interest, but is understood to have been purchased by a Melbourne buyer. Domain
AROUND NEWS CORP
Finding the Right House Can Take a While. For One Buyer, the Process Spanned ‘91 Homes in Total.’ [The Wall Street Journal]
Meet the Sixtysomethings Who Upsized to the Country [The Times of London]
Are Stocks, Bonds, Bitcoin, or Your Humble Home the Best Investment Today? The Answer May Surprise You [Realtor.com]
Sydney’s Bumper Sales Week for Trophy Homes With Two Deals Totaling $110 Million [news.com.au]