Miami’s Housing Market Faces the Biggest ‘Bubble’ Risk

Mansion Global's daily round-up of the latest luxury real estate news from around the world ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
Mansion Global Daily

Miami's Housing Market Faces the Biggest 'Bubble' Risk

The city topped UBS's annual ranking of overvalued markets around the globe. Read More

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CONTENT FROM: The Cortland by Related - 555 W 22nd St., NYC

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Hand-crafted and American-made, The Cortland represents a unique collaboration between two architectural icons, Robert A.M. Stern Architects and Olson Kundig. Developed by Related and located on the Hudson River waterfront, The Cortland unites elegant design and over 20,000 feet of amenities. Two- to-five bedroom residences priced from $3.75M.

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TRENDING TODAY
Listing of the day
This Equestrian Property Just Outside of Park City, Utah, Was Made for Sports and Car Lovers, Too

Along with a horse barn, amenities include an indoor arena and a wide-open car barn. Read More

Designer's Corner
Prepping a Garden to Look Good All Winter—Even in Freezing Weather

Plants with berries, sculptural woody stalks and potted evergreens are a few ideas for adding visual interest during chilly months. Read More

News Bites
Patrick Dovigi Pays $59.75 Million for Jack Nicholson's Former Aspen Home

Patrick Dovigi, the professional hockey player turned entrepreneur, has made another major real estate purchase in Aspen, Colorado, paying $59.75 million for a house once owned by the actor Jack Nicholson, according to property records and people familiar with the deal. The seller is an entity tied to Seagram heiress Ellen Bronfman Hauptman and her husband, financier Andrew Hauptman, property records show. The Wall Street Journal

Trophy Property Hits the Market in Sydney for A$100 Million

Australian entrepreneur Alexandra Jakob is selling her waterfront Sydney home for a whopping A$100 million (US$68.6 million). The house has a distinctive curved exterior, five bedrooms, six bathrooms and a harborside pool. Jakob bought the home five years ago from longtime Morgan Stanley Australia CEO Steve Harker for A$40 million, and if the home fetches its asking price, it would be among the top three priciest home sales in the country. Domain

New-Home Sales Fell in the U.S. in August

Following a spike in July, sales of newly built homes in the U.S. fell in August as buyers awaited further mortgage rates declines. New-home sales dropped 4.7% on a monthly basis as the median sales price also took a hit, falling 4.6% annually, marking the seventh consecutive month of annual price declines. Bloomberg

Ryan Murphy Cuts $500,000 off Price of His Los Angeles House

Ryan Murphy's Los Angeles home just got a little bit cheaper. The TV producer, known for "American Horror Story," "Glee" and the new "Monsters: The Lyle and Erik Menendez Story," has slashed $500,000 off the asking price, bringing it to $10.095 million. He purchased the Sullivan Canyon property in 2021 for $7.15 million, and it has four bedrooms, five and a half bathrooms and three horse stalls. Realtor.com

Around News Corp

Secret Trusts, a Bitter Divorce and the Battle Over One of America's Biggest Homes [The Wall Street Journal]

Art Deco Is 100—and Is Still a Hot Trend. Here's How to Style It. [The Times of London]

The Magic Words in a Listing That Can Save You More Than $38,000 on a Home [Realtor.com]

'Near-Impossible Task': Australian House Deposits Double in Past 12 Years [news.com.au]

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