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Vegas Deluxe host Robin Leach on the challenges celebrities are having in selling their homes.
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In focus tonight celebrity homes turns out the Lifestyles of the Rich and Famous include problems in real estate.
Many celebrities are experiencing challenges of selling their homes just like -- -- Recently I spoke to the ultimate celebrity watcher and the host of Vegas -- -- Robin Leach.
On why celebrity names just don't have the same cachet anymore.
It used to be the case.
You know put a celebrity nine stamp para Obama has -- mandate sold for way way more -- perhaps the initial asking price.
That was in the old -- that was pre.
But that I -- just like every every state in the country.
You've got house houses depressed in value particularly here in Nevada next soaring California.
And even the stars -- taking a whipping.
Well let's talk about some of them here's a list of stars had taken a -- Rihanna hi there -- her -- sold for one point nine million less than she wanted we have Jennifer Aniston on this list Tori Spelling the list goes on and on what do you make of this.
What it's in the millions were you when you when you look at that some of them are really big hit its.
Hearing here in Las -- Our horrid story you are woods home prices involvement tell us how he -- -- -- I I think.
But one point had eight homes one.
That he would -- for -- -- real estate investment purposes all of which went belly up because of the drop in price.
And in the end he was first to file for bankruptcy I believe.
Well definitely I check out out out in the home market.
Well it is a tough time when goats get people strolled down into an example of one of these Britney Spears home as we said before so little lots and 2.3 million.
Look this -- -- a high security neighborhood.
Five bedroom six bath you can see the picture there it's really beautiful.
What happens with the property like this is -- just seen.
Declining in value or to some other celebrity -- -- step up and pay up for.
Well I think even celebrities re buying out of celebrity's -- today there -- -- lot more cautious because.
That bubble has has broadest.
Britney's -- dropping in -- value.
Ozzy and Sharon Osbourne is home 21%.
To.
-- top off their original asking price I'm still not sold -- one house.
On the market for three years that belonged to Goldie Hawn and Kurt Russell and -- Malibu that they can't -- -- dropped it.
The 3.5 million and prices still mobile's.
Can I tell you know I'm just glad to -- they have the same problems we do because.
As a problem for so many Americans out there that you're trying to sell a house in any cut the price and you cut the price and you still can't move it.
Rihanna let's take a look at her house -- is agree -- three bedroom I'm sorry three story home with eight bedrooms.
Ten bathrooms.
Three fireplaces I mean this is really a mansion.
It can you million.
As saying he.
Jerry is beautiful as this you don't have to feel sorry for these folks this is -- -- of many homes they have stab at around the globe.
Sar study -- of a couple of dollars and California that make a couple of dollars somewhere else.
Now Ryan Seacrest but Ellen DeGeneres -- house for 37.
Million.
Crazy yet but I think he got a -- because that was original price tag was 45 million dollars.
Wow look at that the pictures are unbelievable.
It looks like you're going to some big you know fancy pants hotel somewhere.
Unbelievable.
-- I would just talked a little bit about your new your latest project is you are -- busy man.
You're not just talking us -- doing lots of other things.
You -- here today here in the -- my guess we're we're watching the city bounce back from what's been too appalling he is.
We think we've hit the bottom bounced off the bottom -- starting the climb back.
Share prices are showing that there is an increase -- that convention business in the middle of the week.
Bigger -- -- coming into the weekend is.
Visit account sop.
Passenger counts at the airport -- -- so it's all pointed in in the right direction.
Interestingly enough -- lot of this comes from overseas -- not domestically.
British Airways and virgin Airways have just.
-- own brand new flights three extra flights a week from Britain.
To come here out so we we sent -- the change we -- the uptick we're really happy about it because of being a miserable couple years.
Well I just hope that can play out all over the country -- ready for -- Robin thanks for coming on tonight appreciate your help thank you so much.
I'm good luck with the new -- champagne wishes thank you so.
