Tag #Luxury Homes

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forbes.com

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Jun 13, 19:14

Keuning's $14 Million Hollywood Hills Estate Hits Market

Dave Keuning, guitarist for The Killers, and his wife are selling their 8,385-square-foot Spanish Contemporary home in Los Angeles' Outpost Estates for $13.99 million; the property features high-end finishes, expansive grounds, and a detached recording studio.

Keuning's $14 Million Hollywood Hills Estate Hits Market

Dave Keuning, guitarist for The Killers, and his wife are selling their 8,385-square-foot Spanish Contemporary home in Los Angeles' Outpost Estates for $13.99 million; the property features high-end finishes, expansive grounds, and a detached recording studio.

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How does this sale reflect trends in the luxury real estate market in Los Angeles?

The sale reflects the appeal of Outpost Estates to celebrities and those valuing privacy. The home's design and features cater to a buyer seeking both luxury and functionality, showing the growing trend of blending high-end living with creative workspace. The $13.99 million price tag underscores the premium placed on exclusive, amenity-rich properties in this coveted Los Angeles neighborhood.

smh.com.au

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Apr 27, 01:16

Sydney's Luxury Housing Market Slumps Amidst Rezoning and High Interest Rates

Sydney's affluent suburbs, including Vaucluse, Glebe, and Fairlight, experienced significant house price drops (17.2%, 14.7%, and 12% respectively) in the year to March 2025 due to NSW government rezoning, high interest rates, and global economic uncertainty, impacting buyer confidence and demand fo...

Sydney's Luxury Housing Market Slumps Amidst Rezoning and High Interest Rates

Sydney's affluent suburbs, including Vaucluse, Glebe, and Fairlight, experienced significant house price drops (17.2%, 14.7%, and 12% respectively) in the year to March 2025 due to NSW government rezoning, high interest rates, and global economic uncertainty, impacting buyer confidence and demand fo...

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Sustainable Cities and Communities

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What are the key factors driving the significant price declines in Sydney's most expensive suburbs?

Sydney's luxury housing market experienced significant price drops in the year to March 2025, with Vaucluse seeing a 17.2 percent decrease to a median price of $7,322,500. Other affluent suburbs like Glebe (-14.7 percent) and Fairlight (-12 percent) also recorded double-digit declines, attributed to government rezoning, high interest rates, and global economic uncertainty.

dailymail.co.uk

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Jan 24, 22:08

Trump's Return Fuels Washington D.C. Luxury Real Estate Boom

The return of Donald Trump to the White House has caused a surge in luxury home sales in Washington D.C. and McLean, Virginia, with high-profile figures setting new records for the city, exceeding even the 2016 election's impact on the market and creating a seller's market.

Trump's Return Fuels Washington D.C. Luxury Real Estate Boom

The return of Donald Trump to the White House has caused a surge in luxury home sales in Washington D.C. and McLean, Virginia, with high-profile figures setting new records for the city, exceeding even the 2016 election's impact on the market and creating a seller's market.

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What are the long-term implications of this "Trump bump" on the Washington D.C. housing market and its residents?

The "Trump bump" is significantly impacting the luxury real estate market in Washington D.C., leading to record-breaking sales and faster turnover rates for high-end properties. The increased competition is pricing some long-term residents out of the market, and the surge in demand is exceeding the limited inventory, creating a seller's market. This trend suggests a potential further escalation of housing costs in the area.

forbes.com

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May 24, 01:11

Beverly Hills Mansion's Star-Studded Past and Present

The Beverly Hills home at 708 North Rexford Drive, previously owned by Max Azria, Ted Sarandos and Nicole Avant, and currently owned by Jack Abernethy, has undergone recent renovations, enhancing its outdoor living spaces and increasing its value.

Beverly Hills Mansion's Star-Studded Past and Present

The Beverly Hills home at 708 North Rexford Drive, previously owned by Max Azria, Ted Sarandos and Nicole Avant, and currently owned by Jack Abernethy, has undergone recent renovations, enhancing its outdoor living spaces and increasing its value.

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How did the different owners' lifestyles and preferences influence the home's design and functionality, and what are the implications of this evolution?

The property's evolution reflects the changing needs and lifestyles of its influential owners. Azria's ownership highlighted its fashion-forward appeal, while Sarandos and Avant's tenure emphasized its suitability for high-profile events. Abernethy's renovations modernized the home while preserving its classic charm, showcasing a blend of formality and casual elegance.

dailymail.co.uk

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Apr 23, 16:12

Paragraph 84: How a Planning Exemption Fuels Luxury Home Building in the British Countryside

A little-known planning exemption, Paragraph 84 of the NPPF, allows construction of high-quality homes in rural areas, leading to a rise in ultra-modern multi-million pound mansions built by the wealthy, often featured on Grand Designs, despite strict regulations.

Paragraph 84: How a Planning Exemption Fuels Luxury Home Building in the British Countryside

A little-known planning exemption, Paragraph 84 of the NPPF, allows construction of high-quality homes in rural areas, leading to a rise in ultra-modern multi-million pound mansions built by the wealthy, often featured on Grand Designs, despite strict regulations.

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What is the impact of Paragraph 84 of the NPPF on rural development and the construction of high-end homes in protected areas?

Paragraph 84 of the National Planning Policy Framework (NPPF) allows building new homes in rural areas if the design is of 'exceptional quality.' This clause, initially used for classic country estates, is increasingly used by the wealthy to build modern mansions, often featured on Grand Designs. These homes, built in areas with strict restrictions, include the Headlands in the Cotswolds and Swinhay House in Gloucestershire.

dailymail.co.uk

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Dec 25, 16:07

Record $51.5 Million House Sale Exposes Australia's Housing Divide

A Point Piper mansion sold for $51.5 million in March 2024, exceeding the price of a typical capital city home by 51 times and the cheapest house by 2,710 times, highlighting the vast disparity in the Australian housing market.

Record $51.5 Million House Sale Exposes Australia's Housing Divide

A Point Piper mansion sold for $51.5 million in March 2024, exceeding the price of a typical capital city home by 51 times and the cheapest house by 2,710 times, highlighting the vast disparity in the Australian housing market.

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What are the future implications of the significant price disparity in the Australian housing market, and what measures could help mitigate this?

The continued demand for luxury properties with water views in established affluent areas suggests a growing divide in the Australian housing market. This trend suggests a future where the gap between high-end and affordable housing widens significantly. This will likely disproportionately affect those seeking housing in already expensive areas.

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