Luxury Real Estate Blog and News

Billionaire Elaine Wynn Relists Idaho Estate for $19.5 Million

June 28, 2018 - Idaho
Billionaire and philanthropist Elaine Wynn is relisting her Idaho estate for $19.5 million, or roughly 22% less than its original asking price.

Ranch the size of San Francisco hits the market for $31 million

June 25, 2018 - Covelo
A 26,600-acre ranch created by the late stock market magnate Dean Witter in the Covelo area of Northern California is for sale at $31 million.

Petra Ecclestone relists Los Angeles mega-mansion for $175 Million

June 22, 2018 - Los Angeles
British heiress and socialite Petra Ecclestone is relisting her sprawling Los Angeles mansion for $175 million, a $25 million discount from its original asking price. ​

Jackie Kennedy's childhood home sells for $43 million, setting a record

June 21, 2018 - Mc Lean
The home where Jacqueline Kennedy Onassis spent her teen years has been sold for $43 million to the government of Saudi Arabia.

Developers are hoarding flats, aggravating Hong Kong’s home shortage

June 20, 2018 - Hong Kong
A group of developers in Hong Kong are disputing suspicion that they are hoarding flats, an act anathema to the government’s efforts to address the housing affordability crisis.

New Zealand softens ban on foreigners' home ownership

June 19, 2018 - New Zealand
New Zealand's government has softened its stance on foreign ownership of homes, rewriting a proposed law banning non-residents from investing in housing.

Realtors abandoning China's resort island as sales plunge

June 15, 2018 - Hainan
Home transactions in Hainan plunged 14 percent on the month and 41 percent year-on-year in May, according to real estate research firm CRIC.

Trump talks about the beaches and real estate potential in North Korea

June 14, 2018 - North Korea
US President Donald Trump heaped some praise on the real estate prospects of North Korea after his summit yesterday with its leader Kim Jong-un.

Second home ownership rises in Britain

June 14, 2018 - England
A backlash against second home owners in England is gaining pace with people voting to make sure new homes are only able to be bought by local people.

Tax to be imposed on idle flats in Hong Kong

June 12, 2018 - Hong Kong
Sources say the Hong Kong government has decided to impose a vacancy tax on property developers that hold on to completed units, RTHK reports.