Celebrity real estate: When it comes to divorce and selling a home, is ‘celebrity’ a bad word?

Real Estate

Realty Today

Real Estate
Terrell Owens house in Sherman Oaks, CA

A celebrity divorce is sad news but it is good for realty business. Some famous stars who had major splits this year, such as Blake and Miranda, Jen and Ben, Gwyneth and Chris, are sure to have their properties listed on the market.

These celebrities are rushing to sell their properties fast once they extricate themselves from their marriage. But it doesn’t mean that they can sell these properties so fast. There are a number of celebrity homes lingering on the market and sold below the asking price.

Terrell Owens and his estranged wife are still looking for buyers for their “Nantucket-style” house in Sherman Oaks, CA, who can snatch it for $2,193,500. Buyer will be happy for the big discount, as the house was listed for $2.35 million in June.

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