Manhattan Home Prices Rose Nearly 25% Over the Past Decade
The median sale price of apartments increased from $880,000 in 2010 to $1.1 million in 2019, Douglas Elliman reports. Read More
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Pops of Color Add Style to This East London House
A glass roof in the 19th-century terrace house means there’s lots of natural light. Read More
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Is There a Homestead Exemption in Arizona That Will Reduce Your Property Tax Bill?
The state has few opportunities for homeowners to lower taxes. Read More
NEWS BITES
Fewer U.K. Tenants Able to Negotiate Rent Reductions Only 1.1% of U.K. tenants were able to negotiate a rent reduction in December, the smallest number since January 2015, when tracking began. That figure was 1.6% in November. According to a December report from ARLA Propertymark, 32% of real estate agents saw rent increases, a marked rise from December 2018, when the figure was 18%, and December 2017, when it was 16%. PropertyWire
U.S. Mortgage Applications Spike U.S. mortgage applications saw an uptick in mid-January, rising 7.2% over the week prior. An index measuring refinancing rose by 8% for the week ending Jan. 24 over the week before and by 146% over the same week a year prior, according to the Mortgage Bankers Association. A purchase index that was seasonally adjusted grew 5% week-over-week. World Property Journal
Homes Prices in 20 U.S. Cities Rise Twenty American cities saw their strongest price growth in nine months in November. There was a 2.6% year-over-year increase in the S&P CoreLogic Case-Shiller property value index, which exceeded the 2.4% growth that a Bloomberg survey of economists called for. Phoenix, Arizona; Charlotte, North Carolina; and Tampa, Florida, were the cities with the strongest growth. Business Times
South Carolina’s Most Expensive Home for Sale Becomes A Bit More Affordable A 2,510-acre South Carolina estate’s price was just cut to $17.5 million from $25 million, but it remains the most expensive property for sale in the state. The 1730s home overlooks the Combahee River and has two guesthouses, a barn and stables in addition to a four-bedroom main house. It was first listed in October 2018. realtor.com
Home Prices Rise 27% in Australian City In Karratha, an Australian mining town, home prices have grown 26.9% in the past year, the biggest rate of growth in the nation. The Western town suffered a dramatic recession after prices rose to A$820,000 (US$551,000) in 2014, topping even Sydney, before plummeting to A$300,000 in 2017. They now stand at A$420,000. Domain
AROUND NEWS CORP
A Modern Oahu Compound Is Crowned the 2019 House of the Year [The Wall Street Journal]
How to Sell Your House on Instagram—Everything You Need to Know [The Times of London]
Michelle Williams, Tommy Kail Drop $11m on Brooklyn Mansion [New York Post]
6 Home Gym Design Mistakes That Can Sabotage Your Workout—and Waste Money [realtor.com]
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January 31, 2020 at 04:26AM
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Mansion Global Daily: Manhattan's Rising Prices, South Carolina's Most Expensive Home and More - Mansion Global
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