Every now and then an article catches my eye that makes an outstanding point. When I can, I like to pass those little treasures on to others. So when I came across this piece in Forbes that so beautifully illustrates the leveled playing field that is the real estate market, I just couldn't resist popping a link in here.
The article is titled, “Whack! Celebrity Price Cuts: Mel Gibson, Penelope Cruz, Billy Joel, and More.” They're not talking about a reduction of the fee our top flight celebrities charge for their services, either. This piece is about the hit their real estate holdings have taken in our current economy.
It's an interesting read. You may even come away feeling a bit better about your own home's appraisal after perusing this piece. And if you happen to be in the market for a new house, in a far off place, with an illustrious history and a price tag in the seven figure range – well you just might find a deal in the process.
Enjoy!
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