Homes Prices in New York’s Hamptons Beach Towns Surged to Record Highs in the Fourth Quarter
The median price rose 45% annually, as the number of sales also increased in the luxury second-home market. Read More
BY THE NUMBERS
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A Modern Muse for an Oceanfront Legacy
Waldorf Astoria Residences Pompano Beach exudes serenity and an unparalleled vision for truly extraordinary living. Two-four bedroom homes and 5+ bedroom penthouses in the first stand-alone Waldorf Astoria Residence. Starting from $2.5M.
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TRENDING TODAY
SPECIAL REPORT
Copake Lake, in the Heart of New York’s Hudson Valley, Offers a Tight-Knit Vibe and Lots to Do
Activities in the area include ice fishing, snowmobiling, nearby ski resorts and fine dining. Read More
LISTING OF THE DAY
Dock Your 100-Foot Yacht at This South Florida Home
The newly renovated house on the historic Coral Gables Waterway also has direct ocean access without bridges. Read More
MANSION GLOBAL BOUTIQUE
Get Your Lunar New Year Celebration Started With These Picks
Throwing a Lunar New Year party next month? Let us help you decorate and prepare to ensure you kick off the Year of the Dragon right. Read More
NEWS BITES
U.S. Mortgage Rates Expect to Fall Below 6% This Year
There’s good news for aspiring homeowners—the 30-year mortgage rate is expected to fall below 6% by the end of 2024, and the U.S. economy will escape a recession, according to a new forecast by Fannie Mae. In its January outlook, the housing-finance giant laid out why it expects mortgage rates to dip and the economy to avert a downturn. Even though Fannie Mae expects U.S. economic growth to slow this year, it has abandoned its guidance for a modest recession and replaced it with a forecast of “positive but below-trend growth” in 2024. MarketWatch
Haylie Duff Puts Austin, Texas, Home on the Market for $3.25 Million
Haylie Duff is selling her four-bedroom home in Austin, Texas The 4,279-square-foot house, sits on over an acre of land and is listed for $3.25 million. According to records, the secluded property was built in 2013 and last sold in 2020 for an undisclosed amount. It had previously been listed for $1.95 million. This Santa Barbara-style mansion is located in the Spanish Oaks neighborhood. Realtor.com
Vancouver Residents Have More Household Debt Than the Average Canadian
People living in Vancouver have an average consumer debt of C$360,683 (US$268,375), six times the Canadian national average of C$65,000, research shows. Of that, 74% comes from mortgages, as Canada faces a housing-affordability crisis. Vancouver is an especially expensive city to live in, with the average home costing C$1.2 million. Toronto comes in second for largest debt per capita, with a C$187,350 average. Consumer debt has increased by 17.7% since 2019, hitting a record high last year. PropertyWire
Australian Home Headed to Auction Has ‘Ultimate Man Cave’
On Australia’s Gold Coast, a contemporary home with the “ultimate man cave,” is set to be sold at auction in February. The room in the five-bedroom, five-bathroom property is set up with a swanky bar and has room to accommodate a pool table and multiple TV screens. The property also boasts a wine cellar, a home theater, a putting green, and an entertainer’s terrace with a wet bar, a barbecue and views of the Gold Coast city skyline. Domain
AROUND NEWS CORP
Inside the $800,000 Experiment to Turn a Frank Lloyd Wright Into a Net-Zero Energy Home [The Wall Street Journal]
For Sale: The 15th-Century Castle That Comes With Your Own Title [The Times of London]
Matt Drudge Has Cut the Price of His Miami Home by $500K [Realtor.com]
Hidden Earth Home Built Into Hill Hits Market for First Time [news.com.au]
