The 2,625-square-foot property on Sheep Pond Road was first listed in September for nearly $2.3 million, still below the median sale price of $3.2 million on Nantucket. But after the shoreline is lost a stunning 70 feet to erosion in just a matter of weeks, putting the home at imminent risk, the price plunged to $600,000 by year’s end.

A longtime visitor to Nantucket, Brendan Maddigan, who lives in New York, toys with owning a summer home there for his young family for years. He regularly

News Corp Australia Network

Urbex project director, David Argent, and Urbex sales manager, Sue Bidgood at the new Somers and Hervey residential development in Rasmussen. Picture: Roslyn Budd

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Townsville homebuyers will be able to lock down a block in the region’s newest housing estate from today with the launch of the Somers and Hervey stage one land release in Rasmussen.

The Buttonwood release features 20 lots ranging from 375 sqm to 748 sqm and priced from $162,000.

The blocks were the first to be sold in the Somers and Hervey estate and the project, by national developer Urbex, is one

Concorde, one of Bengaluru’s real estate developers, announced a strategic investment of ₹ 100 crore in 4.5 acres of land in Thanisandra, a micro market of North Bengaluru.

The company plans to develop a residential project on this land parcel with a revenue potential of around ₹400 crore. Thanisandra is a hotspot in Bengaluru with increased demand for residential real estate, given its proximity to IT and business hubs, and the Kempegowda International Airport.

• Also read: Concorde outlays ₹1,200 crore to expand its residential portfolio

“This project is part of our plan to expand our footprint in Bengaluru and to

The credit flow to real estate, from both banks and private channels, has significantly grown as residential sales boom and the office property market on the mend.

Bank credit to the commercial real estate sector stood at Rs 4.38 trillion as on January 26 this year, up 36% YoY, according to recent Reserve Bank of India data. The growth was 8% YoY in January 2023.

Credit to the residential real estate sector is expected to grow 15-20% in both the current and next financial years. In FY23, it was at 17.3%, according to India Ratings and Research. Banks’ exposure to

It’s not news: the Seattle area is one of the least affordable places in the country. The median single-family home in King County now goes for an eye-watering $914,000, up 14% from a year ago, and buyers now need to make an average of $214,000 a year to afford a home without being stretched too thin — more than anywhere except California.

But while some residents have found ways to stay in this expensive area, others have had enough and moved to less costly communities — or even less costly states.

Some of these real

A house in Bend that sold for $1.7 million tops the list of the most expensive residential real estate sales in central Oregon in the past week.

In total, 57 residential real estate sales were recorded in the area during the past week, with an average price of $682,858. The average price per square foot ended up at $378.

The prices in the list below concern real estate sales where the title was recorded during the week of March 18 even if the property may have been sold earlier.

10. $993K, single-family home at 2630 NW Morris Court

The property

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Looking at last year’s numbers, digital mortgage lender Better looks like just a shell of its former self, when the company’s sleek process fueled exponential growth during the pandemic as homeowners flocked to refinance.

In reporting 2023 earnings