Celebrities Hit by Housing Crash, too.
It seems no one is immune to the suffering caused by the housing crash. Even celebrities are being forced to slash prices on their McMansions, throw in collectible memoribillia and lure buyer’s with custom furnishings in order to entice a sale.
Britney Spears new song is ”Opps I Reduced it Again”. Britney bought her Beverly Hills Mansion in January 2007 for $7.1 million big ones. She listed it for sale in September of 2008 for $7.9 million, hoping to do little more than break even after shelling out $426,000 to the 6 percent listing firm. On June 2, 2009, Ms Spears dropped her asking price $1.4 million to $6.5 million. Ouch, hit me baby one more time indeed.
Dan Marino. Great guy. Great quarterback. But, the Florida hero is forced to come up with a new game plan if he plans to score the sale of his Weston, FL estate. Dan and his wife listed their estate for $15.9 million in 2006. In June 2009, the Marino house is still sitting on the market with thousands of others. In June, Dan went back to the playbook and slashed the price down $2.4 million, bringing the asking price to only $13.5 million. Always cool under pressure, Dan turned up the heat on all other competiting properties by throwing in $1.5 million in custom furnishings and a personally autographed football into the deal.
Alex Rodriguez is under a lot of stress these days. A-Rod, sexy baseball player and past boyfriend of Madonna, recently struck out in the real estate market. A-Rod bought his Coral Gables, FL mansion in December of 2004 for a cool $12 million. He listed it for sale in October of 2008 for $14,876,000 and slashed the price in June 2009 to $11 million…down $3,876,000. A painful forced error for A-Rod. Maybe cuddling up with his new cutie, Kate Hudson, will get him through the pain.
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