Celebrity Real Estate Roundup

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Maybe it was the Oscars hangover, or the first signs of Spring (finally!) on the East Coast, but it was a quiet week all around for celebrity real estate. But you know our favorite stars are never content to stay in one place for long, so check out this week's celebrity real estate roundup to see who's buying, who's selling, and who might be getting evicted (ouch!).
BUYING
Paul Giamatti
is the proud new owner of a 1,400 square foot condo in New York's Brooklyn Heights neighborhood. The modestly sized (and, let's face it - modestly priced for a celeb of Giamatti's caliber) $1.3 million property features three bedrooms and two baths, with tons of windows to create an open, airy feeling. Giamatti and wife Elizabeth are apparently fans of small-scale living, with their other home being an 880-square-foot house in California's Venice Beach. (source: realestalker)

FORECLOSURE?!
"Octomom" Nadya Suleman's real estate saga took another twist this week, with reports that her $565,000 La Habra, California home may soon be facing foreclosure. Celebrity gossip site TMZ broke the news that Suleman recently missed a $450,000 balloon payment due on the four-bedroom, three-bath house, which opens the door to foreclosure proceedings by owner Amer Haddadin.

Purchased only a year ago, the transaction has been the subject of conflicting reports by the media, the various estate agents involved, Suleman, and her parents -- so it's anyone's guess where Octomom and her 14 offspring will end up. (source: The Orange County Register)

SELLING
Britney Spears
is ready to take a loss on her 7,500-square-foot, Italian-Renaissance-inspired home in California's Studio City. The house -- purchased in January 2007 for $6.75 million -- was recently listed for $5.495 million, down from the original September 2008 listing of $7.9 million.

The five-bedroom, six-bath home was purchased in the midst of Spear's divorce from Kevin Federline and her very public breakdown, so it's no surprise that she's ready to move on -- even at a loss. (source: BlockShopper Los Angeles)


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