These Homes Beat the Record Heat With More Than Just a Pool
There’s nothing like jumping into cold, fresh water steps from your front door. Read More
BY THE NUMBERS
CONTENT FROM OUR SPONSOR: Selene |
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SELENE NEW YORK | 100 EAST 53 | FULL FLOOR HOMES FROM $8.9M
Moments from Park Avenue on one of the most architecturally significant streets in New York, the Foster + Partners-designed Selene reflects craftsmanship rarely seen in New Development. Four levels of luminous amenities including a 60-foot pool, sauna, and game rooms create an urban sanctuary. Offers direct elevator access to Michelin starred Le Jardinier restaurant at ground level.
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TRENDING TODAY
LISTING OF THE DAY
Penthouse in a 1925 Gothic-Revival Tower Overlooks Philadelphia’s Historic City Hall
The condo tower is in the heart of the city’s downtown, with easy access to museums and shopping. Read More
SMART HOMES
Clever Control: Smart Systems for All Your Devices
These handy hubs will help you make the most of the many gadgets you have at home. Read More
NEWS BITES
Colonial Revival Mansion in Portland, Oregon, Asks $1.75 Million
A restored and upgraded 1917 Colonial Revival mansion in the King’s Hill Historic District of Portland, Oregon, has hit the market for $1.75 million. The top-to-bottom overhaul included the installation of a new roof, heating, ventilation and air conditioning system as well as new plumbing and electrics. “If you’re a romantic at heart, this house offers a fairytale-like setting in the Southwest Hills,” said the listing with Connor McWilliams and Sophia Maes Kuhn of McWilliams Maes Realty at RE/MAX Equity Group. “Immerse yourself in the historic ambiance while enjoying all the luxuries and conveniences of a modern home.” Oregon Live
Muse Frontman Ready to Part With His Modern Malibu Digs
Matt Bellamy, the frontman of the Grammy-winning British rock band Muse, has put his Malibu, California, mansion on the market for a hair under $6 million. The contemporary home, in Malibu’s upscale Point Dume neighborhood, spans 3,685 square feet and has six bedrooms and six bathrooms alongside arched doorways, beamed ceilings, picture windows and ocean and mountain views. Bellamy—who also owns a Los Angeles home he bought from retired tennis player Pete Sampras—purchased his Malibu home in 2016 for $2.6 million. Realtor.com
Some Sydney Suburbs Are Seeing Big Price Appreciation
Home prices across Sydney inched up 0.1% in the year to June, but in certain pockets of the Australian city values have logged much more substantial appreciation over the same time. Bellevue Hill, in the eastern suburbs, ranked top for house price growth with the median sale price jumping 18.4%, according to Domain’s latest House Price Report. Bronte and Cronulla were also among the top-growth suburbs. The pace of recent gains was unlikely to be sustained, due to affordability constraints, a recent uptick in sellers and pressure from rising mortgage rates. Domain
U.S. Homeowners More Likely to Sell if They Have a Higher Mortgage Rate
Homeowners in the U.S. with a mortgage rate above 5% are nearly twice as likely to say that they plan to sell their home than to those paying a rate below 5%, according to a recent survey from property portal Zillow. The poll found that roughly 80% of mortgage holders have a rate of less than 5%. “We expect mortgage rates may notch down slightly as inflation comes under control, but they are unlikely to return to 5% in the near future,” said Orphe Divounguy, a senior economist at Zillow Home Loans. “Over time, homeowners will likely accept higher rates as the new normal, but until then, the market could remain challenging for home shoppers, who will see fewer options and higher prices.” Housingwire
AROUND NEWS CORP
A $500,000 Remodel Took Their Kitchen From ‘Fine’ to Sky-High [The Wall Street Journal]
‘We Live Next Door to Our Second Home’ [The Times of London]
6 ‘Beige Flags’ That May Annoy You About Your New Home—and How to Fix Them [Realtor.com]
‘Unlivable’ West Ryde, Sydney Home Sells for A$1.9 Million [news.com.au]