The Real Deal New York

Celebs are chopping home prices left and right

Luxury digs in California, Florida and beyond have smaller price tags as they remain on the market
J. Lo and her Hidden Hills home at 25067 Jim Bridger Road (inset: "The Wedding Planner," courtesy of Columbia Pictures)

25067 Jim Bridger Road in Hidden Hills (inset: Jennifer Lopez in “The Wedding Planner,” courtesy of Columbia Pictures)

From the Los Angeles: Is it an indication of a stagnating luxury market? Maybe. Maybe not. What’s clear is that celebrities seem like they’re dying to sell. In recent months, there have been major price cuts on dozens of multi-million-dollar homes of the stars. [more]