Florida Peninsula Estate With 700 Feet of Water Frontage Asks $15M
The fully furnished home features a bar with fossilized Jurassic stone. Read More
BY THE NUMBERS
TRENDING TODAY
LISTING OF THE DAY
A Luxury Villa on Nicaragua’s Emerald Coast
The home is perched above the Guacalito Golf Course and offers panoramic ocean views. Read More
DESIGNER'S CORNER
Designing a Terrace or Balcony With Distinction
From furniture to lighting to color schemes, here’s what you need to know. Read More
NEWS BITES
Scottish Home Prices Expected to Rise 10% in the Next Five Years An analysis from property consultancy JLL forecasts 10% home price growth for Scotland in the next five years, with 22% total growth in Edinburgh and 17% growth in Glasgow. The firm also forecasts annual growth rates of 3.3% for Edinburgh rentals, and 3.2% for rentals in Glasgow. On average, Scottish home prices have grown 2.9% per year over the past five years. PropertyWire
Warren Buffett’s $11 Million California Beach House Is Sitting on the Market Warren Buffett’s vacation house in a gated community near Laguna Beach, California, has been sitting on the market for a year at an asking price of $11 million. Mr. Buffett and his first wife bought the home for $150,000 in 1971. The 3,600-square-foot property was built in 1936, and includes six bedrooms, as well as views of the ocean. Bloomberg
Indian Buyers Have Spent Dh83.65 Billion on Dubai Property in the Last Five Years Indian nationals make up the largest group of foreign investors in Dubai’s real estate market, and bought a collective Dh83.65 billion (US$2.28 billion) worth of real estate between 2013 and 2017, according to data from the Dubai Land Department. "As both the UAE and India strengthen [their] strategic relationship, we see greater synergy and increased investment by Indian nationals in UAE," said Dawood Al Shewazi of the Dubai Property Festival. More than 65% of investor purchases in Dubai are made by foreign buyers. Khaleej Times
Veteran Investor Collin Lau Says Global Property Is Nearing the End of its Boom Cycle Institutional investor Collin Lau has warned that the ongoing boom in global property markets is coming to a close and that investors should proceed with caution. "I cannot tell when [the bubble] will burst but the risk factor is definitely increasing," Mr. Lau said. "At the late stage of a real estate cycle you have to be cautious. Deleveraging and adopting a light-asset approach is needed." South China Morning Post
Leading Architects Warn Development is Harming Sydney’s Design Aesthetic Two major Sydney, Australia, architects have warned of the ill effects of the city’s rapid development, as developers are "jamming units" into buildings to make them more profitable. To improve the design standards of new construction, NSW Government Architect Peter Poulet has recently announced an increase in design competitions and review panels. Domain
[header type="georgia"]AROUND NEWS CORP[/header] A Belgian Beer Scion Makes a Home in a Brewery [The Wall Street Journal]
7 Home Decor Trends to Avoid If You Hope to Sell Your Home [realtor.com]
The House Price Hierarchy of Courchevel [The Times of London]
House Prices To "Peter Out" in 2018 [news.com.au]