This week in celebrity real estate, serial flipper Diane Keaton bought a move-in ready home, Merv Griffin's estate took a price cut and Patty Duke's former home hit the market. Diane Keaton buys newer Pacific Palisades home for $5.
Serial home renovator and actress Diane Keaton has put a Pacific Palisades house on the market at $6.995 million. The Oscar-winning actress bought the property three years ago for $5.6 million and created a restful living space featuring subdued-tone interiors. Rustic accessories and dark wood...
By Pooja Thakur After trying for four months to sell his apartment in a western suburb of Mumbai, Meher Verma decided to cut the price by 10 percent. With property demand plummeting in the wake of November’s sudden ban on high-denomination notes, he’s not sure the reduction will do the trick. “I was hoping to sell my house soon,” said Verma, who put his two-bedroom property in Andheri on the market for $400,000 in September.
The Bank of Canada just added more fuel to the country’s already blistering housing market.
The central bank reduced its overnight lending rate to 0.5 per cent from 0.75 per cent, saying the economy contracted modestly in the first half of the year amid a slump in the price of oil. Toronto-Dominion Bank immediately cut its prime rate by 10 basis points to 2.75 per cent.
Explaining the recent selloff in Spanish bonds is easy: The bond market has finally come to grips with the idea there is no solution for Spain's massive structural problems. Here is a trio of articles to show what I mean.
Spanish Banks Stuck ‘Unsellable’ Real Estate, 50% of Real Estate Loans are Troubled
Bloomberg reports Spanish Banks Have $41B of ‘Unsellable’ Real Estate