Sad News: Prepare for My Coming Back to Get What I Want, The cardinals are informed by Jim Edmonds….

An almost 500-year-old home on the Mediterranean island of Malta believed to have once belonged to a knight is on the market for €13 million (US$14.5 million).

The palazzo was built around 1589, though little is known about its origins.

The first residents likely “came from Messina in nearby Sicily and, judging by the size of the palace, must have been quite wealthy,” said Grahame Salt, director of Homes of Quality, which brought the historic property to the market in August.

At the time, “Malta belonged to the Knights of the Order of St. John of Jerusalem, who arrived in 1530 and remained for over 200 years. Eventually the palazzo was taken over by the order itself and served as a country residence of the knight who would be next in line to succeed the grand master,” he said…Read More

A “renting for life” mentality appears to have taken hold among the U.K. renter population. According to a survey by comparison site Go.Compare, six in 10 respondents said they believe they will never own a home—with 52% of those surveyed saying that they no longer considered owning a home important. Respondents cited the nation’s economic climate and the state of the housing market as reasons for their belief that property ownership is out of reach. PropertyWire

Dutch Home Prices Hit Highest Level in Two Years

A housing shortage in the Netherlands pushed home prices to heights not seen for two years in August. According to data from the Dutch statistics agency, home prices rose 11% last month, bringing the average sale price for existing homes to €466,207 (US$517,770), a value not seen since the summer of 2022. The densely populated nation has seen prices escalate as population growth has outpaced available property, leading the Dutch government to set a goal of building 100,000 homes a year, while pledging €5 billion toward the effort. BNN Bloomberg

Hong Kong Sales Continue Slump Despite Rate Cut

So far, the effect of the recent interest rate cut by the U.S. Federal Reserve has been muted on Hong Kong’s existing-home market—where the local currency is pegged to the U.S. dollar. There were only seven transactions occurring in the sector—a drop of 53.3% from the previous week and a new eight-week low. The cut may be inducing more house hunters to begin their search, however, as viewing appointments for apartments rose 7.6% from the previous week, reaching a new high for the past 21 weekends. South China Morning Post

Former MLB Star Jim Edmonds Lists St. Louis Mansion for $9 Million

Retired four-time MLB All-Star Jim Edmonds has listed his 17,200-square-foot mansion in St. Louis, Missouri, where he won the 2006 World Series with the Cardinals, for just a touch under $9 million. The property, which is on the market for $8.99 million, features seven bedrooms, 11 bathrooms, multiple wet bars and fireplaces. Plus there’s a massive lower level entertainment complex that includes a bowling alley, batting cages, video games, a theater area and a snack bar. Set on 2.86 manicured acres, the estate also features a private putting green and a luxury pool area with a fire pit. Realtor.com