National market report: Brad Pitt and Angelina Jolie sell Malibu home

From the February issue: Hollywood power couple Brad Pitt and Angelina Jolie sold their Malibu home in December for $12 million to Ellen DeGeneres and her wife, Portia de Rossi, according to People magazine. The 4,100-square-foot spread, which overlooks the Pacific Ocean, consists of two separate houses, a pool and a tennis court. The top floor of the beachfront mansion was designed for Pitt and Jolie by environmentally conscious architect Christopher Sorensen. What could drag the glamorous Jolie-Pitts away from all this? According to the Daily Mail, Jolie recently surprised Pitt by purchasing him a waterfall near L.A. Pitt, an architecture buff, is planning to build an ambitious house over the falls in the style of Frank Lloyd Wright’s Fallingwater. Pitt and Jolie also own homes in Hollywood, New Orleans, the Valpolicella region of Northern Italy and the South of France. DeGeneres and De Rossi, meanwhile, put their 12,000-square-foot Beverly Hills home on the market this fall for $49 million. [more]