Celebrity couple Jennifer Lopez and Alex Rodriguez have sold their Malibu beach house for $6.775 million, less than two months after listing it for sale, according to a person familiar with the deal.
The retired Yankees star and Ms. Lopez, an actress and singer, purchased the property last year for $6.6 million from “Entourage” actor Jeremy Piven and demolished much of the interior, the person said.
Yes as usual things are going swimmingly for the mega rich. Meanwhile back in the real world, people are unable to pay rent, and buy food. But let’s celebrate the good fortune of all the millionaires and billionaires!
What about all the homeless on the streets? Can stars and athletes start contributing to this cause? Maybe open these homes to homeless families?
one celebrity home sale dictates strength in the market? what?
I don't fucking care this news.
Two months isn’t a strong market. It means that they likely got below their asking price.
JGAAF.
no one cares that Hillary Clinton sold another one of her homes... Jennifer Angelina Madonna Lopez Clinton
Purchases of that sort do not indicate market strength. When on the other side of the coin. You have a ridiculous amount of working class, without substance issues. Literally living in tents, cars, etc. The region has massive calls for rent cancelation. Read your own paper.
Yᴏᴜ ᴏɴʟʏ ᴋɴᴏᴡ ʜᴏᴡ ᴛᴏ ᴊᴏɪɴ ᴛʜᴇ ʟɪᴠᴇs ᴏғ ᴛʜᴇ ᴘᴇᴏᴘʟᴇ ʏᴏᴜ ᴇɴʀɪᴄʜ, ʙᴜᴛ ᴛʜᴇ ʙᴇɢɪɴɴɪɴɢ ʏᴏᴜ ᴊᴜsᴛ ᴅᴏɴ'ᴛ ʟᴏᴏᴋ ʟɪᴋᴇ ᴛʜᴇʏ ᴡᴇʀᴇ ʙᴇғᴏʀᴇ ғᴀᴍᴇ.
This is weird. Any details on the buyer? Is it more Russians and Chinese parking their millions in US property? It also is inconsistent with data showing folks fleeing California and especially Los Angeles.
Right. Tell this to the average homeowner. As if celebrities reflect real life.
Many rich are still doing well despite the difficult economic situation
One can not judge the health of an entire region's housing market based on single 4,400 sq feet of waterfront property in Malibu. Be better then that.
Seems to me they could've gotten more than that
That’s a lot of money but I bet they took a loss
That's her new bf now? How many has she had!?
Moving to Greece?
My neighbors had a bidding war over their house 3 days after it went on the market.
Maybe they should go back to that strip club and tip those workers better?
False! Only the one percent are buying things
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