Global Housing Prices Slowing Down
The world’s housing markets are facing a general slowdown but very few have actually slipped into negative growth, according to a Knight Frank report Tuesday.Read More
BY THE NUMBERS
TRENDING TODAY
LISTING OF THE DAY
A Red-Brick Victorian Home in London with Its Own Walled Garden
Red-brick Victorian family houses of this grand size and width, with a generous walled garden, do not come up very often in the much-desired area of Brook Green. Read More
SMART HOMES
High-End, High-Tech Home Speakers
When it comes to the home audio market, there is no shortage of smart speakers available. But if you’re looking to separate yourself from the pack with a speaker that makes a statement, here are some of the most luxurious in-home audio equipment available. Read More
NEWS BITES
Derek Jeter Said to Be Renting in New Miami Development Derek Jeter has found a Miami home in Coconut Grove, where he’s reportedly renting a five-bedroom home in the new development Grove at Grand Bay. The newly minted co-owner of the Miami Marlins and former New York Yankees star is said to be renting the $6 million dollar unit with an option to buy. Curbed
U.K. 2017 Trends Show Homes Selling Under Ask, First-Time Buyers Down End-of-year analysis shows a number of noteworthy trends, among them that homes in the U.K. were sold for less than their asking price 77% of the time, according to the National Association of Estate Agents. A quarter of buyers were first timers, the lowest percentage since 2013 when first-time buyers represented 23.7% of the total. The NAEA suggested that the removal of the stamp duty for first-time buyers should increase numbers for 2018. PropertyWire
Katy Perry Wins $10M from Nuns in Suit Over Los Feliz Convent On Monday, a jury awarded Katy Perry—and a Los Angeles archbishop—a combined $10 million in punitive damages over a long-delayed sale of a Los Angeles convent the singer bought in 2014 for $14.5 million. She reportedly plans to move in with her mother and grandmother. Two nuns had claimed that they’d already sold the property to a business owner with plans to turn it into a hotel. A judge ruled that both the nuns and the business owner shouldn’t have interfered with Ms. Perry’s sale, and that punitive damages were necessary. Curbed
Caribbean Island Being Offered for Bitcoin A 13-acre Caribbean Island called Bloody Bay, is being offered for 600 bitcoin, the equivalent of US$7 million. The rise of bitcoin value means someone with US$592,000 worth of bitcoin at the start of 2017 would have enough money to buy the island now. The island comes with a villa and a beach bar, and there are plans in place for a collection of luxury cabins. Blockchain News
AROUND NEWS CORP
Behold, the ‘Holiday Doorman Tip-O-Meter’ is here [Marketwatch]
Investors Scour for Deals in Hurricane-Battered Caribbean Islands [The Wall Street Journal]
New Data Shows Record $13B Fall in Interest-Only Home Loans [reealestate.com.au]
Sammy Hagar Selling Lake Arrowhead Chateau for $5.9M [realtor.com]