Wednesday, February 6, 2008

Celebrity Real Estate Losers

Even Hollywood's rich and famous can't avoid the housing downturn.

LOS ANGELES - Even Hollywood's rich and famous can't avoid the housing downturn that's sweeping the nation. In Los Angeles, only 4,430 homes were sold in December, down 48% from the previous year. And prices fell 11% to an average $470,000.



Click the link below to read the full story:

http://www.forbes.com/2008/02/05/hollywood-economy-housing-biz-media-cz_dp_0206realestate.html?partner=alerts

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