Santa Fe’s Mansion Tax Is in Limbo—That Gives Buyers and Sellers a Window of Opportunity
The tax would impose a 3% on the sale price of the home that’s over $1 million. Experts weigh in on what to do while a legal challenge to the election results plays out. Read More
BY THE NUMBERS
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New Executive Order Puts Guardrails on AI
4 early actions federal agencies can take as they prepare to comply.
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TRENDING TODAY
LISTING OF THE DAY
Inside a Modern Oregon Home That’s All About the Views
The minimalist design highlights the natural beauty of the small coastal city by the Washington border. Read More
MANSION GLOBAL BOUTIQUE
Elevate Their Sleep Space This Holiday Season
Struggling to find the perfect gift for your loved one? They surely deserve a comfy place to rest their head at night. Read More
NEWS BITES
Luxury Watchmaker Announces Towering Residential Clocktower in Dubai
The world’s largest residential clocktower is headed to Dubai with the announcement of a luxury watch-branded skyscraper. The almost 1,500-foot tower in Dubai Marina will be the first residential project from high-end Swiss watchmaker Franck Muller, who has partnered with developer London Gate for the build. The luxury project will be officially unveiled in January and residents can expect a handover by 2026. Arabian Business
Adelaide, Australia, Seeing Steady Price Increases—and There’s No End in Sight
The property market in Adelaide, Australia, has seen significant price gains in recent weeks, and local experts say that’s not changing any time soon. CoreLogic’s latest Home Value Index found property prices in the South Australian capital grew by 1.2% last month, while values in Melbourne and Sydney are both down on previous month’s data. Quarterly growth in Adelaide was 3.9% and 7.6% annually. An “imbalance between available supply and demonstrated demand is keeping strong upwards pressure on housing values across the city,” said Tim Lawless, research director at CoreLogic. Australian Property Investor
NBA Star John Collins Puts Atlanta Home on the Market for $2.5 Million
Star NBA forward John Collins of the Utah Jazz has just listed his Atlanta condo. Collins, who played for the Atlanta Hawks until last summer, put the three-bedroom home on the market for $2.5 million. He purchased the pad in The Charles building in 2019 for $1.975 million. It offers luxury and privacy in the bustling Buckhead area. Perched on the 14th floor, the condo comes with skyline views that appear in the floor-to-ceiling windows when you walk through the front door. Realtor.com
A House Built for a King for Sale in the Town Voted Prettiest in the U.K.
Standing on a cobbled street in the East Sussex town of Rye—named the prettiest town in the U.K. earlier this year—is a more than 500-year-old home up for sale. The house, which is asking £1.45 million (US$1.82 million), was built by the mayor of Rye for the sole purpose of entertaining King Henry VII. The property is Grade II listed and has six bedrooms, three reception rooms, a cellar and walled garden. Though changes over the years have added details from other eras, an architectural historian who worked with the seller on a restoration said that many of the beams, tiles and carvings were the “very highest quality” he’d seen from the Tudor period. Other historical details include a “priest hole” and a working Victorian call bell. SussexWorld
AROUND NEWS CORP
Could Rightmove Be Facing Its Biggest Competitor Yet? [The Times of London]
Blackstone, Digital Realty Team up to Develop $7 Billion in Data Centers [The Wall Street Journal]
Sacked by Inter Miami, New Timbers Coach Phil Neville Lists $9.5M Florida Mansion [Realtor.com]
Inland Oases: Spectacular Spaces in South Florida [New York Post]
