There’s a Lakers-Themed Basketball Court and a Rooftop Gym at This Newly Listed Santa Barbara Mansion
Prancing Horse Estate in Carpinteria spans 12 acres and includes equestrian facilities and a six-bedroom, Tuscan-inspired main house. Read More
BY THE NUMBERS
CONTENT FROM: Costa Palmas |
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Come Home to Elemental Luxury on the Sea of Cortez
Forty-five minutes from Los Cabos airport on the Baja’s East Cape, Costa Palmas is a 1,500-acre community that offers a new superyacht marina, two miles of swimmable beachfront, and an incomparable spirit of adventure. Explore homes of elemental luxury at Four Seasons Resort and Residences or the cosmopolitan Casa Blake, and belong to a warm, inclusive club of adventurers on the Sea of Cortez.
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TRENDING TODAY
LISTING OF THE DAY
With Its Curves and Arches, Parts of This Toronto Home Belong in a Modern Art Museum
The efficiently designed compound, with a studio and a separate guest house, is wedged among rowhomes by the city’s downtown. Read More
DESIGNER’S CORNER
Creating a Halloween Vibe at Home Without Any Kitsch
Paint pumpkins white, choose dark candle centerpieces, and embrace nature. Read More
NEWS BITES
Canadian Home Sales and Prices to Fall More Than Previously Predicted
TD Economics has updated its forecast for Canadian home sales, further downgrading its predictions for prices. With interest rates higher than many expected, the bank says the market will slow down even more. Back in June, TD had predicted that the Government of Canada five-year bond yield—which is a key influence on the five-year fixed-term mortgage rate—would peak at 3.75%, but they now expect it to peak at 4%, based on a September forecast. With high mortgage costs, home sales across the country are now expected to drop 10.7% this year, and average sale prices are forecasted to fall by 3%. Better Dwelling
Ashley Judd Is Renting out Her Tennessee Estate for $9,200 a Month
Actress Ashely Judd has put her Franklin, Tennessee, home up for rent for $9,200 per month. With four bedrooms and three bathrooms, the charming brick home comes fully furnished. Built in 1810, the home sits on 5 acres and has a wide front porch and a guest house. Inside details include a formal living room with a fireplace, a country-style kitchen, a wood-paneled dining room and a library with a tin ceiling. The spacious primary suite features beamed ceilings, a private balcony and a bathroom with a clawfoot tub and a pink vanity. The home is just minutes from the historic village of Leipers Fork, where Judd’s mother, country music star Naomi Judd, lived until her death earlier this year. Realtor.com
U.K. Has Plenty of Undeveloped Land Despite Housing Shortage
Amid a housing crisis, it’s been revealed that just 8.7% of land in the U.K. is currently developed, according to real estate firm Searchland. Almost 11.9 million hectares remains unutilized, compared to the 1.1 million developed hectares. A large scale of the U.K.’s land is not permitted for development—commonly referred to as the green belt—including agricultural land, forest, open land, and water, outdoor recreation and residential gardens. “While the prospect of building on the green belt is such a contentious issue, if even a small proportion of this land was used to build more homes, the nation’s available housing stock could be boosted enormously,” said Mitchell Fasanya, co-founder and chief executive of Searchland. PropertyWire
Sydney’s ‘Metro-fication’ Attracts Buyers to Suburbs
The increase in population and property value along Sydney’s Metro line is being called the “Metro-fication” of Sydney. The A$8.3 billion (US$11.7 billion) Northwest rail line, which opened in May 2019, has had a large impact on the surrounding property market, especially attracting young buyers, according to a new report from CBRE. Data from CBRE and PropTrack show that the suburbs along the Metro line have had a 49% increase in capital value over the last decade, outperforming surrounding suburbs by an average of 5%. The Metro line has also allowed for an increase in apartment and home developments in these suburbs. realestate.com.au
AROUND NEWS CORP
A Blinged-Out New Jersey Home Made With 47,000 Sheets of Gold Leaf Lists for $9.995 Million [The Wall Street Journal]
Smart Ideas for Decorating With Stripes [The Times of London]
Autumnal Glow-Up: Fall’s 7 Hottest Decor Trends Offer a Cozy Yet Sophisticated Vibe [Realtor.com]
‘Metro-Fication’ Hits Sydney Home Prices Hard [news.com.au]