They are all having problems selling their celebrity mansions.
This crisis has hit everyone everywhere and it actually looks like it will get worse before it gets even a little better.
But aside from the market going down, down - down. It looks like the heading upward trend is sue your real estate agent because it is their fault that the market changed.
In the recent weeks I have heard comments like: "I can not wait until Bush gets out of office, he got all of us into this market". REALLY? I might not be a financial guru, but I am almost 100% certain that President Bush did not come over to your home and CONVINCE you to take out a mortgage that you can not afford, with hopes that in 5 years you will be able to refinance the home at a lower rate!
People, come on. The market dropped and as far as I am concerned it should have actually dropped 3 years ago.
Hi Christine! your title got my attention. We have some celebrities selling over here as well (Ricky Martin and Shaq to name a few) - but you are right......it's easy to point fingers and not so easy to go to the root of the problem.
Posted by: Ines | February 17, 2008 at 08:16 PM