You are receiving this message because you have visited our site and requested to be contacted. If you no longer wish to be contacted, please use the removal link: REMOVE. | | | | Revolutionize Your Global Banking with SouthBanking! | | Discover the power of SouthBanking's innovative platform. Manage multi-currency accounts, digital tokens, and seamless international transactions with ease. Enjoy secure, efficient, and accessible global banking tailored to meet your needs. Whether for personal or business use, SouthBanking simplifies your financial operations and puts you in control. | | | | | Inside a $20 Million Modern Mansion in Hidden Hills | | | | This sprawling modern estate in Hidden Hills, Los Angeles, offers unparalleled luxury in one of the city's most exclusive neighborhoods. The 12,000-square-foot home, originally constructed in 2021, sits on a lush 1.5-acre lot, providing ample privacy for its residents. This private retreat, designed by the architectural firm Max Nobel of Nobel LA, combines contemporary design with luxurious, custom-made features that cater to those seeking both comfort and style.
A Modern Marvel for Entertaining and Relaxation The residence boasts seven spacious bedrooms and eight bathrooms, with the home's exterior crafted from reclaimed wood and charcoal-hued brick, giving it a distinctly masculine and modern appeal. Upon entering, visitors are greeted by soaring 40-foot ceilings and exposed steel beams, creating an expansive sense of space. The great room, which serves as the heart of the home, features panoramic windows that flood the interior with natural light and provide seamless access to the outdoor patio.
World-Class Kitchens and Entertainment Spaces This home is designed for those who enjoy hosting. The main kitchen is a masterpiece of design, featuring floor-to-ceiling marble and a wine display that adds elegance and flair. For more private affairs, a second, professional-grade kitchen with commercial-grade appliances caters to those who prefer to entertain behind the scenes. The adjacent family room and soundproof movie theater ensure guests have an unforgettable experience.
Outdoor Luxury and Private Retreats The outdoor space is just as impressive, with a 65-foot pool and whirlpool surrounded by lush lawns. A luxurious cabana, complete with a billiards table, built-in barbecue, and video wall, offers the perfect setting for large gatherings or intimate parties. For ultimate privacy, a detached guest house features its own infinity plunge pool, parking, and a full set of amenities, offering guests a secluded getaway within the compound.
A Spacious Sanctuary with Impeccable Design The master suite offers a serene retreat with its own fireplace, seating area, and a designer walk-in closet. The spa-like bathroom features dual vanities, a soaking tub, and a large shower—perfect for relaxation. Fitness enthusiasts will appreciate the gym, which can easily be converted into a music or art studio. | | | | Historic $38.5 Million Pasadena Estate with Art Museum | | | | The Knoll House, a grand estate in Pasadena, boasts an incredible combination of historic charm and modern luxury. Originally designed by renowned architect Myron Hunt in 1916, this impressive compound is a true treasure. It includes a meticulously renovated 21,000-square-foot gallery and museum, alongside a grand six-bedroom residence. This property is perfect for collectors and those seeking a combination of elegance, privacy, and cultural significance.
A Custom-Designed Museum and Entertainment Haven The three-story museum was designed by Ladd & Kelsey in the 1970s to showcase the impressive art collection of Virginia Steele Scott. Today, the museum remains a stunning feature, housing a massive 46-person movie theater, a tiki bar, and an arcade. The museum’s upper levels feature an atrium that stretches 36 feet high, offering breathtaking views of the entire space.
Sophisticated Living with Historic Flair The main residence spans over 12,300 square feet and features exquisite hardwood floors, chandeliers, and six fireplaces. The library comes complete with a built-in speakeasy pub, perfect for private gatherings. The wine room in the finished basement is ideal for wine connoisseurs looking to curate their collection in style.
A Lifestyle of Leisure and Luxury The two-and-a-half-acre grounds include an in-ground swimming pool, a pavilion with a pizza oven and two fireplaces, and a children's play area. Adults can enjoy the putting green, while the entire family can take in the beauty of the property’s meticulously maintained gardens.
Unmatched Privacy and Security The Knoll House offers unmatched privacy, with the added bonus of a secret underground tunnel connecting the main house to the museum. The estate is an ideal combination of exclusivity, culture, and comfort—perfect for those looking to live among art and history. | | | | | | | | | | Pending Home Sales Slip as Affordability Pressures Intensify | | | | The housing market continues to wrestle with affordability challenges, as pending sales of existing homes fell again in June, dimming prospects for a summer rebound.
Contract Signings Decline
The Pending Home Sales Index slipped 0.8% from May and 2.8% from a year earlier, according to the National Association of Realtors®. The drop follows a weak spring selling season that has put the market on track for its lowest annual sales pace in three decades.
Buyers Remain Reluctant
Even with active listings up 29% year-over-year in June, buyers remain hesitant. Fannie Mae’s latest survey found that only 28% of consumers believe it is a good time to buy. Persistently high mortgage rates and record-setting home prices have kept many on the sidelines.
Affordability Stretched Thin
The average 30-year mortgage rate eased slightly to 6.77% at the end of June, down from 6.89% in May. Yet the national median sales price for existing homes climbed to a record $435,300, up 2% from last year. The mismatch between borrowing costs and pricing continues to weigh heavily on buyer sentiment.
Regional Divides Emerge
The Northeast was the only region to register a monthly increase, with contract signings rising 2.1% from May. The Midwest, South, and West all posted declines, both month-over-month and year-over-year. While prices in some Southern and Western markets are showing signs of softening, most economists do not foresee a broad national correction.
Sellers Step Back
Instead of lowering prices, many homeowners are choosing to wait. Realtor.com reported a 47% surge in delistings in May compared to last year, signaling that sellers are increasingly willing to pull properties from the market rather than negotiate.
Looking Ahead
Mortgage rates have hovered above 6.6% throughout 2025, with little indication of a sharp retreat. Even if the Federal Reserve pursues a rate cut later this year, long-term bond yields may keep mortgage rates elevated. With both buyers and sellers holding back, the housing market appears set to remain in a state of stagnation through the remainder of 2025. | | | | Sutton Tower: NYC's Bold New Landmark | | | | Sutton Tower Redefines Manhattan's Skyline In a city brimming with luxury residential towers, few are as transformative as Sutton Tower. Rising 850 feet above Manhattan’s East Side, this striking architectural marvel is poised to reshape the skyline. Located in the prestigious Sutton Place neighborhood, the tower draws inspiration from the area's storied past, known for its connection to New York’s Gilded Age elite. In the late 1800s and 1920s, Sutton Place was home to many of New York’s wealthiest residents.
A Tribute to New York’s History Designed by acclaimed architect Thomas Juul-Hansen, Sutton Tower integrates the old-world charm of the neighborhood with a contemporary vision. Clad in two-inch-thick limestone, the tower pays homage to the classic buildings of New York, seamlessly blending modern luxury with historic allure.
Expansive Residences with Spectacular Views The tower offers 121 residences ranging from one-bedroom apartments to expansive full-floor units. Priced from $2.35 million for a one-bedroom, these exclusive homes offer unparalleled views of Central Park, the East River, and even New Jersey. Each residence is meticulously designed with natural materials, featuring ebonized oak doors, custom Statuarietto kitchen islands, and spa-inspired bathrooms.
World-Class Amenities for the Elite Sutton Tower’s amenities include an indoor pool, spa treatment rooms, fitness center, recreation suite, and a club lounge with a terrace. The building’s design also respects the neighborhood’s Art Deco past, with a striking gold frieze and geometric facets at the top, lighting up the skyline at night.
An Oasis in Manhattan’s Heart Sutton Place’s blend of historic charm and modern sophistication offers a tranquil retreat amid the hustle of New York. The neighborhood’s quiet streets, parks, and riverfront views make it a rare oasis on the Upper East Side, and Sutton Tower stands as a bold testament to the future of luxury living in the city. | | | | Forget a Home Theater: This $38 Million LA Mansion Comes with a Custom Smoking Room | | | | A Mansion Designed for Luxury Living Located in the exclusive Bel-Air neighborhood, this $38 million mansion offers a striking fusion of luxury and modern amenities. Designed by the renowned SAOTA architecture firm, the 13,600-square-foot residence features expansive glass doors that open onto a vast ocean-facing terrace complete with a pool, hot tub, and outdoor kitchen. Inside, the home exudes contemporary elegance with natural wood finishes, neutral tones, and bespoke details, including a one-of-a-kind silver travertine soaking tub in the master suite.
A Sanctuary of Wellness and Entertainment The lower level of the mansion is dedicated to entertainment, featuring a wine cellar, home theater, and a cedar sauna. Health-conscious buyers will appreciate the steam and massage rooms, all designed with high-end materials like Patagonia Quartzite.
A Smoker’s Paradise The standout feature of this mansion is the custom smoking room. With a $100,000 ventilation system, this space is perfect for those who appreciate fine cannabis, offering a dedicated area for smoking in high style.
The Perfect Home for the Elite While the owner has moved to Sacramento, this home presents an unparalleled opportunity to live in one of Los Angeles' most prestigious neighborhoods. With world-class amenities, a design that marries contemporary luxury with natural elegance, and a custom smoking room, this mansion sets a new standard for opulent living. |
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