Too Early to Prep Your Home for a Spring Sale? Think Again.
Freezing temperatures and snow limit the scope of updates some homeowners can make this time of year, but there are plenty of important indoor projects that could pay off. Read More
BY THE NUMBERS
| MEMBER MESSAGE: BUY SIDE FROM WSJ |
 |
Find a Gift for Every Occasion
From last minute holiday gifts to the perfect housewarming present, experts at Buy Side from WSJ have you covered on all your gifting needs. Subscribe to the newsletter to get weekly updates on what to shop.
Sign up for the newsletter
|
|
|
TRENDING TODAY
LISTING OF THE DAY
An Underground Tunnel Leads to the Pool at This 1920s Georgian Manor Outside Boston
Amenities at the Brookline estate include a carriage house, 10 fireplaces and an apple orchard. Read More
MANSION GLOBAL BOUTIQUE
Designer Matthew Williamson’s Must-Haves For a Bold and Bright Interior
We asked the design authority to peruse the Mansion Global Boutique and select his favorite finds. Read More
NEWS BITES
Kanye West Is Building a Giant City in the Middle East
Kanye West has announced his plans to build a city—twice the size of New York City—somewhere in the Middle East. The controversial rapper took to X to reveal the news of his planned 100,000-acre metropolis, dubbed Droam, which he said is in Phase 1 of development. West also made a recruitment call, seeking project managers, engineers, architects, contractors and builders for the development. New York Post
Home Prices Tumble Again in Germany
Home prices in Germany continue to fall, dropping 10.2% in the third quarter from a year earlier in a further grim sign for the real estate sector in Europe’s largest economy, data on Friday showed. It was the fourth consecutive quarter of declines and the biggest since Germany’s statistics office began keeping records in the year 2000, underscoring the nation’s biggest property crisis in decades. Reuters
Hedge Funders Were Busy Snapping up London Homes This Year
Hedge funders drove trophy-home sales in London in 2023, with major investors behind some of the city’s biggest deals, according to a report from Bloomberg. Some notable examples included a Citadel trader who snapped up a mansion in Primrose Hill, north of Regent’s Park, for £42.9 million (US$54 million), and a Blackstone director who bought a £24.7 million home in Chelsea. Their purchases came as the ultra-rich generally shrugged off economic and interest-rate woes and continued to fuel home sales at the highest end of the market. Bloomberg
Sole Bidder Buys Hong Kong Island Parcel for 20% Below Market Value
Property developer Sino Land acquired a plot of land on Hong Kong’s Lantau Island, paying nearly 20% less than market expectations as the sole bidder on the property. The developer paid HK$203.9 million (US$26.1 million) for the 4.7-acre parcel in Cheung Sha, and it’s expected that 110 housing units will be built on the site. The land had been valued at about HK$245 million based on a gross floor area of 81,666 square feet, translating to HK$3,000 per square foot, according to estimates from Midland Surveyors. It was the only residential plot of land available in Hong Kong this quarter. South China Morning Post
AROUND NEWS CORP
Connecticut’s Ziegler Farm Sells for $57.5 Million After Listing for $85 Million Last Year [The Wall Street Journal]
Who is Buying Britain’s £1.3 Billion of Luxury Property? [The Times of London]
Home for the Holidays: $1M North Carolina Estate With Hallmark Movie Vibes Is the Week’s Most Popular Listing [Realtor.com]
The ‘Home Alone’ House Would Now Be Worth Nearly 400% More Today [New York Post]
