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Santa Claus’s Real Estate Is Booming
Nancy Schwab loves Christmas. Really, really loves Christmas. “I have Santa collections from when I was little,” said Ms. Schwab, 62, a retired school administrator. Thus, it became a source of annual annoyance that decking the house with boughs of holly (and twinkly lights) was frowned upon in her Joliet, Ill., neighborhood until Thanksgiving had come and gone. Almost two years ago, Ms. Schwab and her husband, Robert, a retired carpenter and contractor, began to contemplate relocating to a place with a vastly different feel. “We started researching, and Santa Claus, Ind., came up,” Ms. Schwab said of the town in the southern part of the Hoosier state that bills…
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Mansion Global Daily: How to Enjoy a Luxurious Life at Sea All-Year Long, Half-Built Homes Plague China’s Beleaguered Real Estate Market, and More
Life at Sea: Superyachts That Make Permanent Vacations on the Water a Reality These vessels provide the rare opportunity to indulge in a luxurious aquatic lifestyle year-round. Read More BY THE NUMBERS TRENDING TODAY LISTING OF THE DAY Seychelles Villa Comes With 27 Bedrooms and Three Large Pools Perched over the Indian Ocean, the 10-acre property offers proximity to Mahé Island’s best-known beach. Read More THE INSIDERS Parisian Furniture Family Bets on Craftsmanship and Modular Design Nicolas Roche, creative director for Roche Bobois, reflects on 50 years of the iconic Mah Jong sofa. Read More NEWS BITES Half-Built Homes Plague China’s Beleaguered Real Estate Market China is now home to…
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La Crosse County real estate transfers for Sunday, Dec. 12 | Home & Garden
The following are real estate transfers filed in La Crosse County. By law, some transfers are exempt from transfer fees; these properties are listed without prices. CITY OF LA CROSSE Robert and Beverly Towner Trust to Katherine Bolser, 2224 Green Bay St., $230,000. Janice Wiebusch to Janice Wiebusch Revocable Trust, 727 Fourth St. S. June Reinert to Rose Reinert-Allen, 2215 Mississippi St., $180,000. Sarah McKenzie and Nicholas Sammet to Rebecca Olsen, 1407 Jackson St., $170,000. Jacque Bakalars to Kimberly Bakalars, 2856 Losey Blvd. S. and 2321 Diagonal Road. Moriah Cody to Tristum Loomis, 234 Caledonia St., $105,000. Alexandria Divine to Matthew Birnbaum, 3113 29th Court S., $250,000. Nickolas Solum and…
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Hawaii’s ultra-luxe real estate is smashing records. Here’s what’s selling
This $23.5 million mansion in Kauai recently sold to guitarist Carlos Santana. PanaViz Hawaii’s luxury real estate market is soaring to all-time highs fueled by several factors including pent-up demand from the coronavirus pandemic, record low interest rates and rising equity markets. In the first three quarters of this year, homes valued at $3 million or more saw sales volume rise 235{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} compared with the same period in 2020. Deal volume hit a record-breaking $3.7 billion, according to Hawaii Life’s Luxury Market Report. But sales of homes priced above $10 million have climbed at an even more robust pace — trouncing state records. “It’s just been like a rocket ship,”…
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Commercial real estate faces $13.5 billion in flood damage in 2022: Report
A satellite image shows TD Bank Ballpark submerged in flood, after Hurricane Ida swept through the Bridgewater Township in New Jersey, September 2, 2021. Maxar Technologies | Handout via Reuters The commercial real estate industry faces an intensifying threat from flooding, which is likely to lead to billions of dollars in increasing costs, a new study says. Approximately 730,000 retail, office and multi-unit residential properties face an annualized risk of flood damage in the United States. The structural damage from flooding is projected to cost $13.5 billion in 2022, increasing to over $16.9 billion by 2052, according to the First Street Foundation, a nonprofit research and technology group, and global…
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Boutique Real Estate Brokerage The Agency Aims for International Growth
Vice Chairman Billy Rose, Chief Executive Mauricio Umansky and President Rainy Hake Austin. What started as a small residential real estate brokerage based in Beverly Hills has grown to more than 800 agents and 50 markets with plans to expand further. In the 10 years since luxury boutique brokerage The Agency was founded by real estate veterans Mauricio Umansky and Billy Rose, the company has been on a rapid growth trajectory, but Rose and Umansky said it has stayed true to its roots as a boutique brokerage focused on culture and giving its agents and clients a different experience from other brokerages. “I felt that the industry was very archaic and…
