Luxury Home Prices and Sales Fell in London in September
Meanwhile, prime rents increased as demand remains high while inventory continues to recover. Read More
BY THE NUMBERS
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Cabot Saint Lucia
Situated on one of the Caribbean’s most stunning islands, Cabot Saint Lucia offers world-class golf by Coore & Crenshaw, private homeownership, and luxurious wellness amenities. Home prices start from $5M.
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LISTING OF THE DAY
Whimsical Floating House in Seattle Comes With a Fireman’s Pole From the Second Floor
Filled with fun features, it has a diving board into Lake Union and a gas fire pit on the rooftop. Read More
SMART HOMES
High-Tech Weather Devices for Your Home
Keep tabs on your immediate forecast with these futuristic environment-tracking gadgets. Read More
NEWS BITES
Timber-Built Tower Opens in Paris
In Paris, a multi-use timber tower known as Le Berlier has just been completed. Located in the city’s 13th arrondissement, the roughly 165-foot-tall development by architecture office Moreau Kusunoki has a facade of charred and pre-weathered wood. In total, the project measures over 7,300 square meters, accommodating 77 residential units, each with a private exterior space, as well as amenities and public spaces including an art gallery and a restaurant. ArchDaily
Sydney Home With a Collapsed Roof Sells for Almost A$1 Million
A home in Sydney with a collapsed roof has sold for close to A$1 million (US$637,410). Located in St. Johns Park, a suburb some 20 miles from the center of the city, the three-bedroom fixer-upper changed hands at auction for A$965,000. The large missing section of roof has created an open-air kitchen that’s littered with debris, burnt scaffolding and plaster. The property was marketed as an ideal building project in a prime location. Domain
Wildfires Costing the U.S. Billions in Lost Property Value
Climate-exacerbated wildfires cost the U.S. between $394 billion to $893 billion annually, primarily in diminished real estate values, according to a new congressional report from the Joint Economic Committee. The figure is more than double what previous government reports have estimated. Real estate in particular is losing anywhere from $67.5 billion to $337.5 billion a year due to wildfires. “The topline numbers are scary,” said Democratic Sen. Martin Heinrich of New Mexico, who chairs the committee. “Even if you live someplace where wildfire has never been an issue, these are numbers that are big enough to be systemically problematic for the economy.” The Mercury News
Texas Mansion Looks Fit For Europe
A Mediterranean-style mansion that looks like it belongs in Tuscany or the South of France has hit the market for $2.29 million in Texas. Located north of Houston, in Woodlands, the almost 6,000-square-foot house is situated in the George Mitchell Nature Preserve and has curved archways, huge windows and exposed wooden beams. There’s also a wine grotto with space for 150 wine bottles. PaperCity Magazine
AROUND NEWS CORP
Home Insurance Is So High in This Florida Town, Residents Are Leaving [The Wall Street Journal]
Stella McCartney’s Plan for Coastal Retreat Slammed as ‘Monstrous Carbuncle’ [The Times of London]
Neo-Georgian Mansion in the Bronx Offers a Luxurious Suburban Retreat [Realtor.com]
Prime Australian Land the Size of Belgium for Sale [news.com.au]
