Again this is home, can't imagine why we like it? :-)

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California home sales are up 27 percent

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Image via Wikipedia In Southern California, home sales are up 27 percent . But the median sale price is down, having fallen below the $300,000 mark for the first time since 2003, the Los Angeles Times reports. And as prices fall, affordability appears to be making a modest comeback. During the height of the real estate boom, only 2 percent of those living in the Los Angeles area could afford the median home price. Now that number has risen to 20 percent, the article in the Times notes.....[more]
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2009 NZ Grape Harvest starts.....

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NZD$1,220,000,000 house No sale now = No fee now

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The Guardian report that even the utlra rich are re-evaluating their purchase / futures in these current times, and it appears that a world record deposit, 10% is typically required by French law (reported at 39m Euros) may not be returned to the buyer too. Sale of £440m (NZD$1.22B) house falls through from The Guardian, Thursday 19 February 2009 Russian billionaire withdraws from buying the £440m house, La Léopolda. It was to be the most expensive home in the world - a luxurious belle époque villa on the French Riviera carrying the eyewatering price tag of €500m (£440m). But the sale of La Léopolda has fallen through after its Russian billionaire buyer saw his fortune slump in the economic crisis......MORE via LINK...... Link via The Guardian Photo Credit - PMO - flickr
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