Roughly 60,000 U.K. Homeowners Can No Longer Claim to Be ‘Property Millionaires’ as Values Fall
Still, the number of Brits with million-pound homes is far above pre-pandemic times, according to data from Savills. 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
LISTING OF THE DAY
Mountain Modern House in Lake Tahoe Overlooks Nevada’s Best Golf Course
The spec home is in a resort community by Carson City, and overlooks the third fairway of the golf course. Read More
SMART HOMES
Four High-Tech Standing Desks That Take Working From Home up a Notch
Inject some energy into your workday with these elevating devices. Read More
NEWS BITES
The Number of Homes for Sale Is Surging in Texas
Housing supply is soaring in Texas, bucking a continuing nationwide shortage. The number of homes for sale in the Lone Star State has more than doubled from the low it reached during the pandemic to more than 88,000 listings, the highest level since 2019 and far higher than the long-term average, according to Nick Gerli, CEO of real estate data platform Reventure. Inventory is growing most across central Texas, where available listings in markets like Austin, San Antonio, Killeen and Waco are up 30% compared to the long-term average. Newsweek
Proposed Oklahoma City Skyscraper Now Vying to Be the Tallest in the U.S.
California architecture studio AO and developer Matteson Capital, the creators of a proposed Oklahoma City supertall skyscraper, have announced plans to change its height from its original proposed 1,750 feet to 1,907 feet, which would make it the tallest building in the U.S. if approved. The new height would pay homage to the year that Oklahoma was granted statehood. The tower is expected to be home to 100 condominiums, a 350-key hotel and a top floor that will boast an observatory, bar and restaurant. Dezeen
Australian Home Prices Hit Record High
Australia’s property market has fully recovered from its downturn of 2022, with the median house price across the country having hit a new high of almost A$1.1 million (US$722,194) during the fourth quarter of 2023, according to new data from Domain. As well as the new nationwide price record, Sydney, Brisbane, Adelaide and Perth all reached new house price peaks, returning to pandemic boom highs. Domain
Centuries-Old Irish Castle Asks €5.5 Million
An Irish castle with a history dating back to the early 1400s has hit the market for €5.5 million (US$5.9 million). Killough Castle, in County Tipperary, sits on 471 acres and has been in the same family for over a century. The historic pad has multiple reception rooms, six bedrooms and a tower, along with original features from different eras, including plasterwork, paneling, shuttering, vaults and fireplaces. The Irish Sun
AROUND NEWS CORP
Desperate Chinese Property Developers Resort to Bizarre Marketing Tactics [The Wall Street Journal]
‘We Are Trying to Rent in London for the First Time in 40 Years—It’s a Nightmare’ [The Times of London]
Why Everyone Loves a Barndominium: The Scoop on This Never-Ending Home Trend [Realtor.com]
First Home Buyer’s Move to Western Sydney [news.com.au]
