Dailymail: A Russian billionaire is desperately trying to claw back his £39million deposit after a deal to buy the most expensive house in the world fell through.

Wall Street Journal: The former “Star Search” host was $644,000 behind on payments on $4.8 million in mortgage loans when a unit of Countrywide Financial Corp. filed a default notice Feb. 28 with the Los Angeles County Recorder’s Office

Luxlist: This week’s real estate action of Scarlett Johansson, “Malcolm in the Middle” actor Justin Berfield, Matthew Perry, Nicole Kidman, and more!

The Roanoke Times: So much for celebrity cachet. Even Hollywood types with homes for sale are feeling the market’s slowdown and lowering their asking prices.

Luxlist: Ashley and Mary-Kate Olsen Still Live Together?

Howard Stern’s newswoman Robin Quivers Moves On (Up)per West Side

A Palm Springs house that was once Cary Grant’s getaway is on the market for $4,995,000

Forbes:  European house hunters looking for a place to enjoy the summer sun might want to skip the French Riviera and head to Buenos Aires, Argentina, instead.

Reuters:  The surprisingly healthy market for oceanfront mansions and palatial condos in Florida, one of the most toxic states in America’s housing meltdown, may finally be showing some cracks…

Becuase of its affuence, the economy is buffered to some degree from the national economic engine, but there’s no doubt that the nationwide real estate crunch is hitting home…

Coastal bargains are to be had amid the housing downturn, but the properties are holding their value better than homes inland…

International visitors wielding weak dollar could keep Vail afloat while country struggles…