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Celebrity Real Estate: The Mansion in Calabasas of Filipino Megastar Sharon Cuneta is Listed For Sale for $2.2M

Megastar Sharon Cuneta of the Philippines has listed on the market her megamansion in Calabasas, CA. The Calabasas mansion in Southern California of the famous Filipino singer, host, actress, and TV personality is up for sale for $2.2 million.

2016 Housing Market Predicted

There is no way to exactly predict how the real estate market will shape up for 2016, but looking at enough data could make for almost accurate predictions, just like what Svenja Gudell, new appointed chief economist of Zillow.com does, Reuters reports.

Mortgage Trends Update, News, Reports: Previously Owned Homes Sales Dropped, New Homes Sales Rose

As per the National Association of Realtors, previously owned homes sales dropped to 4.76 million from October's seasonally adjusted rate of 5.32 million. The expected sales figure is 5.30 million, which makes the end result considerably low. Possible factors that led to this low results include pent up demand that are due to low inventories of for sale homes, alongside the issues regarding their affordability.