Mansion Global's daily review: Las Vegas home offerings are down more than 50 percent
Pending home listings in Las Vegas fell nearly 52% year-over-year in July, according to data from Las Vegas Realtors. However, Las Vegas was the only U.S. metropolitan area to see an increase in pending sales in July, according to Redfin. Still, prices declined, falling 3.5 percent over the past four weeks, the fourth-largest home price drop in the country. From June to July, the median starting price for a single-family home in the area fell just 0.1% to $499,173, also not a significant change from last July.
Milwaukee Bucks coach and former NBA forward DeMarre Carroll is selling his home near Atlanta
house is up for sale at an asking price of $3.6 million. Located in suburban Braselton, the stone mansion spans 16,000 square feet and has eight bedrooms, eight bathrooms and six vanities. Interior details include a spiral staircase, a two-story foyer, floor-to-ceiling windows and cassette ceilings. Other features include a half basketball court, a game room, a home theater and a huge shoe closet that could be converted into an extra room.
Tenants in the UK spend almost four times their income on rent
than homeowners spend on mortgages, indicating a worsening wealth gap in the country, according to a study from the Resolution Foundation. On average, renters spend 34% of their income on rent, while homeowners allocate 9% of their income to mortgage payments.
26 October
The last plot of former Rockefeller family property in Greenwich, Connecticut
was sold for $18.35 million. The 54 acres of wooded land was purchased by Greenwich Academy, a private girls' day school. The parcel of land had been owned by the family for more than 100 years, beginning in the 1870s when John D. Rockefeller's brother. Rockefeller's brother William A. Rockefeller began buying land in Greenwich. While Greenwich Academy has not specifically announced what the land will be used for, the school said there is a "wide range of possibilities," including athletic facilities, sustainability programs and faculty housing.
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