The Average U.S. Home Buyer Now Needs a Six-Figure Income
Amid rising costs, including soaring interest rates, the median household made $107,000, a nearly $20,000 increase from a year ago. Read More
BY THE NUMBERS
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TRENDING TODAY
LISTING OF THE DAY
Live in a Historic Mansion Just South of Mar-a-Lago
The 1959 home is undergoing a complete rebuild to raise it 9 feet. Read More
SMART HOMES
Space Heaters That Turn up the Tech
Hot models include infrared technology, voice control, and automated settings in sleeker designs. Read More
NEWS BITES
A 10-Bedroom Texas Castle Asks $5.5 Million
A waterfront castle in Texas, located on Lake Whitney, between Dallas and Waco, is on the market for $5.5 million. “We’ve been in some houses before that you would call castle-style homes that are located in communities,” said listing agent Eric Hacker of Briggs Freeman Sotheby’s International Realty. “I’ve never seen anything that overlooks a lake like this.” The 10-bedroom property took roughly a decade to build with the purpose of it being a personal residence the owners could also hold weddings and events in. The Dallas Morning News
Australian Ranch Offers ‘Yellowstone’ Living Down Under
An Australian ranch that looks like the set of a Hollywood western is on the market for close to A$5 million (US$3.2 million). A house crafted from reclaimed timber sits at the center of the close to 100-acre property, which is less than three hours from Melbourne and 20 minutes from the Buller alpine resort. “If it’s a complete disconnection from the busy world you crave, you could be forgiven for thinking you’re at the fictional ‘Dutton Ranch’ seen in ‘Yellowstone,’” said the listing. Domain
Nobu Residences Launch in Abu Dhabi
Sales launched Tuesday at Nobu Residences Abu Dhabi, one of the first branded residences from the Nobu hospitality brand in the Middle East. There will be 88 homes at the development, including apartments, lofts and penthouses, which will blend Nobu’s Japanese design and hospitality with modern luxuries. The project will also offer a 125-key hotel, retail units and residents will have access to amenities including a gym, treatment rooms, a yoga space, a cinema room and a pool that overlooks the Guggenheim Abu Dhabi. Zawya
Vancouver Rents Cool on a Monthly Basis, Remain Canada’s Priciest
Rents in Vancouver fell in October as cooling weather and a surge in available rental listings pushed down prices. Rents for one- and two-bedroom apartments in the city fell about 3.5% monthly, but still remain above last year’s levels. Despite the cooling, Vancouver remains Canada’s most expensive city for renters, with the average one-bedroom unit listed at C$2,872 (US$2,094) and a two-bedroom at C$3,777. Vancouver Sun
AROUND NEWS CORP
Inside Katy Perry’s Yearslong Battle Over a $15 Million California Home [The Wall Street Journal]
France Moves to Ease Rules for British Second Homeowners [The Times of London]
12 Things to Know Before Moving to Austin [Realtor.com]
Frank Sinatra’s L.A. ‘Party House’ Skims Asking Price to $8.9 Million From $21.5 Million [New York Post]
