The end of 'bigger is better'? America's most expensive house sits unsold in sign of the times

For years architects, particularly in Los Angeles, have sought to outdo each other with ever more palatial residences featuring breathtaking infinity pools, in-home cinemas and flashy helipads. But questions are now being asked over whether the US has finally reached peak mega mansion. The biggest property so far is referred to by luxury estate agents as the "giga-mansion". Officially called "The One" it is America's largest and most expensive house and sits on a hill in Bel-Air, with 360 degree views of Los Angeles. Construction began eight years ago, when the sky seemed the limit for futuristic Bond villain-style lairs, and it was only very recently completed. Sprawling across 105,000 sq ft it features 21 bedrooms, 42 bathrooms, five swimming pools, a moat, a 50-seat cinema, and its own nightclub.

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US West prepares for possible 1st water shortage declaration

The man-made lakes that store water supplying millions of people in the U.S. West and Mexico are projected to shrink to historic lows in the coming months, dropping to levels that could trigger the federal government's first-ever official shortage declaration and prompt cuts in Arizona and Nevada. The U.S. Bureau of Reclamation released 24-month projections this week forecasting that less Colorado River water will cascade down from the Rocky Mountains through Lake Powell and Lake Mead and into the arid deserts of the U.S. Southwest and the Gulf of California. Water levels in the two lakes are expected to plummet low enough for the agency to declare an official shortage for the first time, threatening the supply of Colorado River water that growing cities and farms rely on.

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Why a Little New England Town Is Suddenly the Country’s Hottest Housing Market

Over the course of the last year, the housing market has undergone some surprising changes as a result of the pandemic. Some home buyers have opted to embrace remote work, while others have relocated out of cities and to less densely-populated regions. It’s led to growth in some unexpected parts of the country, though whether […] The post Why a Little New England Town Is Suddenly the Country’s Hottest Housing Market appeared first on InsideHook.

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