‘Full-on in a Crisis.’ In Chicago and Colorado Springs, Even Luxury Homes Are Scarce.
The median price of a luxury home has crossed the $1 million milestone for the first time since the pandemic peak in both metro areas amid short supply. Read More
BY THE NUMBERS
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Experience The Ritz-Carlton Residences, Sarasota Bay
The Ritz-Carlton Residences, Sarasota Bay offers 78 waterfront residences from $3.7 M. Residents enjoy an oasis of privacy with legendary service with personalized attention. Boating enthusiasts, cultural mavens and culinary aficionados will love the harbourside address. Robust on-site amenities for wellness and socializing are complemented by The Ritz-Carlton Spa and experienced concierge staff.
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TRENDING TODAY
LISTING OF THE DAY
TV Director Selling This Airy Los Angeles Home in a Move to Upstate New York
The home in Valley Village, asking $3.299 million, was custom built for Sanford Bookstaver, whose credits include “Chicago Fire” and “Dexter: New Blood” and actress Rena Sofer. Read More
SMART HOMES
AI Is Replacing the Pool Guy. Here Are 5 Smart Cleaning Devices.
A new generation of pool cleaners can remove grime and debris from the water, walls and other surfaces better and quicker than a human can. Read More
NEWS BITES
New York Jets Quarterback Tyrod Taylor Lists $5 Million Atlanta-Area Home
Quarterback Tyrod Taylor, who earlier this year signed a two-year deal with the New York Jets, has put his Atlanta-area estate on the market for $5 million. The seven-bedroom house sits on 2 acres and has features including a wellness center with a gym and sauna, a games room, a home theater, a bar, a humidor room and a sneaker closet. Taylor acquired the home in Roswell in 2019 for $2.44 million. Realtor.com
In Australia, a Couple Rounded out a Bike Ride With a Multimillion Home Buy
A couple in Australia ended up dropping almost A$6 million (US$3.99 million) on a new home after passing a property auction on a leisurely weekend bike ride. It was the first time the pair had seen the oceanfront home in Yamba, a coastal town some 400 miles north of Sydney. After stopping to watch the auction action, they registered to bid during a pause for negotiations. Domain
Calgary Property Prices Have Jumped $50,000 in the Past Year
The typical home price in Calgary, Canada, has surged more than C$50,000 (US$36,640) in the past year, according to a report from the real estate site Zoocasa. The average benchmark price for a home in Calgary now stands at C$587,300, with single-family homes in the city costing the most at C$679,500, a 12% increase year over year. Though condos are more affordable at an average C$350,700, their value has jumped 15% annually. Daily Hive
Jumeirah Islands Have Become One of Dubai’s Luxury Home Hot Spots
Dubai’s Jumeirah Islands have become the latest hot spot for luxury home buyers, joining the ranks of Emirates Hills, Jumeirah Bay Island and Palm Jumeirah. The Islands were home to more than 10% of all the deals valued at over AED 10 million (US$2.7 million) over the past three years in the city, according to global real estate consultancy Knight Frank. The most expensive home to sell in the man-made island cluster was a 4-bedroom home that sold for AED 28 million at the end of last year. Khaleej Times
AROUND NEWS CORP
He Could Have Upsized. Instead, He Spent Over $1 Million Turning His Bachelor Pad Into a Family Home. [The Wall Street Journal]
Why You Should Buy a Second Home in Porto—but Not a Holiday Let [The Times of London]
High Contrast, High Style: 5 Black-and-White Living Room Looks Taking Over Instagram [Realtor.com]
Americans Baffled by Houses Sold in Australia Through Auctions [news.com.au]
