May 14, 2009
London Townhouse Sold for Huge Discount
A townhouse in Knightsbridge has been sold at the biggest price reduction ever seen on a piece of luxury real estate in the city of London. According to the Daily Mail, the home was sold after being reduced by £22 million. The original asking price was a jaw-dropping £40 million – final sale price £18 million.
More on London Luxury Property Market Sees Biggest Price Reduction in History
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February 5, 2009
One thing about the credit crunch – it is certainly providing some good real estate porn, and perhaps a few deals for those with cash in hand.
Scotland's most expensive foreclosure
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