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Celebrities are Yelling, SELL MY HOUSE!

Published by julia | Filed under Miscellaneous, Real Estate, Shout Outs, Uncategorized

celebrities-yelling.jpgAs I have said before, you can truly judge the real estate market by the movements of the celebrity. They are almost like caged animals that have forgotten how to listen to their instincts. While the rest of the free world was noticing the falling market and selling while the prices were still fair, the celebrities held on to their pieces of real estate and decided to wait until the market was flooded with homes to list their properties. This week, there are many million dollar homes on the list.

“Stone Cold” Steve Austin – Sells his home (one of the few) for a whopping $2.5 million. The home is in Malibu, CA.
Designer Rachel Ashwell lists her home for $4.4 million. The home offers nearly 3,200 square feet of living space in Brentwood, CA.

Not so starish, star…Melissa Joan Hart is listing her home for a very celebrity $3.25 million. The home is located in Sherman Oaks, CA and offers 5 bedrooms and nearly 5,000 square feet.

Hollywood Hills just got another listing from music star Jewel. She has listed her 1,800 square foot home for $1.75 million.

Lenny Krayzelburg, evidently impervious to the falling real estate prices, has listed his newly purchased home on the market for 2 times more than he paid only a year ago. The former Olympian purchased a home in Hollywood Hills for $2.6 million and now lists the same home on the market for sale at $5.25 million.

Halle Berry is taken it to the countryside so her home in, you guessed it, Hollywood Hills is on the market. The home is listed at just under $5 million.

Interesting Fact: Here is an interesting fact about Hollywood Hills. The average home price is somewhere near $1.5 million for a SFH or condo. BUT! The median income for the area is just under $32,000. That must be one great mortgage rate!

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November 10th, 2008

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