Best and Worst Celebrity Real Estate Deals 2009

By Mark David of The Real Estalker (Subscribe to Mark David's posts)
Dec 10th 2009 11:24AM

Categories: Celebs, Famous Homes, Celebrity Homes

Let's face it: When it came to the real estate market, 2009 stunk. Home prices sank, credit dried up -- making mortgages increasingly difficult to obtain -- and record job losses resulted in record numbers of foreclosures. Few were immune to the financial fracas and resulting real estate quagmire, not even the rich and famous.

Still, while a fair number of celebrities lost big on their real estate investments, some wisely took advantage of the weak market and bought low. A smart few figured a way to squeeze blood from a real estate turnip and actually make money in what is surely one of the worst downturns in the real estate markets in a long time. We rounded up some of the year's biggest celebrity real estate winners and losers. See who made the best deals, the worst deals and who's just filthy rich.

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Comments (4)

Reader Comments (Page 1 of 1)

sal 12-12-2009 @ 10:26PM

Proof positive that hardly anyone has escaped this relentless economy. Really troubling times.

Mitch 12-12-2009 @ 10:47PM

Ed Mcmahon is not aging as specified in another random comment some AOL writer through in, on the best and worst realestat moves of the year. Folks, Ed McMahon is DEAD.... you got to be kidding me.