Mansion Global Daily: Celebrities Changed Their Property Portfolios in 2022

Dublin Home Prices Have Started to Fall

Home prices in Dublin have begun to decline for the first time in three years, according to data from the Real Estate Alliance. The average price of a three-bedroom semi-detached home, a benchmark for the market, in the Irish capital ticked down 0.34% from September to December. Such homes will still finish the year up 6.3% over last December, but the slowdown foretells declining prices into the New Year. Affordability, especially in the face of rising interest rates, has led to the slowdown. Extra

Chongqing, China, Relaxes Home-Buying Restrictions

Authorities in the Chinese megacity of Chongqing have relaxed home-buying restrictions in an attempt to revive a stagnant real estate market. Families can now own more than one residence—if one of them is an investment property rented out in a long-term lease, according to the city’s housing authorities. Chinese immigrants living and working in Chongqing are also now eligible for the same first-time home buyer mortgage policies as locals. “The policy in Chongqing increasing the quota for home buyers will help to increase home-purchase demand,” said Yan Yuejin, a director at the Shanghai-based E-house China Research and Development Institution. South China Morning Post 

Northern California Cities Top List for Most Delisted Homes

With the bidding wars and fast sales of the pandemic gone, sellers are now faced with problems they weren’t seeing a year ago. According to Zillow, homes are sitting on the market for a median of 54 days, which is 45% longer than last year. Some sellers who aren’t getting the prices they want or quick enough offers are opting to delist their homes. According to Redfin, a record 2% of U.S. homes for sale were delisted each week on average during the 12 weeks ending Nov. 20. Of the U.S. metro areas that were analyzed, Sacramento, California, topped the list with 3.6% of active listings delisted. San Francisco followed with 3.4%. The Street

Deirdre Imus Sells Manhattan Penthouse for $9 Million

Deirdre Imus, an artist, author and widow of controversial radio host Don Imus, sold the couple’s penthouse at 75 Central Park West in Manhattan for almost half of its initial asking price. The eight-room unit sold for $8.8 million, according to property records filed Wednesday, three years and one day after the media personality’s death. The couple had listed the Lincoln Square property for $16.9 million in 2016. The Real Deal