Wednesday, June 04, 2008

Would You Buy a $6 Million Dollar Home Next to Britney Spears?

You have to feel sorry for Ed McMahon. He had to listen to all of Johnny Carson's bad jokes for all of those years and now he is having trouble meeting his hefty mortgage payments in a fancy community just north of UCLA. Compounding his troubles is the fact that he has Britney Spears as a neighbor. A large press contingent surrounds her house waiting for her to make a public appearance each day. This has discouraged people from bidding and buying Ed's home. Do these issues arise in other cities?

The Challenge of Selling a Los Angeles Mansion Near Britney Spears

Knowing that the Lakers will Defeat the Celtics, this will help home prices to start to rise here again.