Foreigners Are Snapping up ‘Dream’ Chateaus on Fire Sale as France’s Wine Industry Struggles

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

Foreigners Are Snapping up 'Dream' Chateaus on Fire Sale as France's Wine Industry Struggles

From Provence to Bordeaux, a troubled market for the country's famed export means rising inventory and price cuts on generational estates and vineyards. Read More

BY THE NUMBERS
By The Numbers
CONTENT FROM: THE CHARLES

Distinctly Charleston, Definitively The Charles

Experience a level of Charleston living rarely offered for lease. At The Charles, timeless design, expansive interiors, and exceptional luxury define an intimate residential experience in historic Harleston Village. With only a limited number of townhomes and flats available, privacy and sophistication are truly unmatched.

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New York Farm Built During the American Revolution Is Like Living in a Time Capsule

"You can imagine George Washington riding his horse through the property," according to the listing agent. Read More

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Party Accessories to Ring in the New Year in Style

If you're having people over to celebrate the new year this year, you may need to stock up now to make sure you can get the party started. Read More

News Bites
U.S. 30-Year Mortgage Rate Ticks Down

The average 30-year U.S. mortgage rate edged down to 6.21% this week, remaining near its lowest level of the year and down from 6.72% a year ago. Similarly, the 15-year fixed-rate mortgage—a popular choice for refinancing—dipped to 5.47% from last week's 5.54%. Associated Press

Sydney's Heated Price Growth to Cool Next Year

The Sydney real estate market is expected to cool next year. PropTrack forecasts that home prices will grow by a modest 5% to 7%—a step back from 2025 levels—as the market faces headwinds from rising interest rates, unemployment and an influx of new housing supply. Prices in Sydney rose an average of 7% this year. realestate.com.au

Building Permits Are Increasing in Germany

Permits being issued for apartment buildings in Germany have risen annually, demonstrating  renewed strength in the country's property market. The number of apartment building permits rose 6.8% year over year in October, according to data from the national statistics office. The numbers suggest that developers are responding to stronger housing demand. Prop News Time

Dan Snyder's D.C.-Area Megamansion Sells at Auction

Billionaire Dan Snyder's lavish Potomac, Maryland, mansion has sold at auction for $11.84 million—$13.26 million with fees. The former Commanders owner and his wife, Tanya, a cancer survivor, donated the chateau-like estate outside Washington, D.C., to the American Cancer Society last year. Proceeds of the sale will benefit the nonprofit. Washingtonian

Around News Corp

One Throuple Had Three Separate Design Tastes. How Did They Manage a Renovation? [The Wall Street Journal]

Here's How Much You Could Earn Renting Your Home During the FIFA World Cup [Realtor.com]

Should I Invest in U.K. Property Even Though the Economy Might Tank? [The Times of London]

Record Property Profits Hide Major Losses in Key Sydney and Melbourne Postcodes [news.com.au]

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