The Rich and Famous Have Real Estate Problems Too!

June 24, 2009


Take comfort home sellers! Celebrities are having the same problem as we common folk. Here are some celebs who can?t seem to sell their houses:


Even Elle Can't Sell Her House

  • Jon and Kate Gosselin, co-stars of the popular TLC show “Jon & Kate Plus 8,” have been trying for three months to sell their former home in Elizabethtown, Pa.
  • Talk show host Regis Philbin put his Greenwich, Connecticut home on the market last summer. Purchased in 1992 for $2.5 million, Regis was originally asking $5.4 million for the home but has now dropped the price to $4.9 million.
  • Rapper 50 Cent has given up selling his mansion in Farmington, Connecticut., after dropping the price from $18.5 million to $14 million.
  • Nicolas Cage?s Los Angeles vintage Tudor was once home to both Dean Martin and Tom Jones. Cage purchased the home in 1998 from Jones for $6.469 million and has been trying to sell the home off and on since 2006 when it was listed at $35 million. It is now listed at $19.75 million.
  • Richard Gere and wife Carey Lowell have dropped the price on their New York?s Hamptons home from $8.8 million to $7.2 million.
  • Model Elle Macpherson (AKA “The Body”) cut the price of her London Victorian from $9.5 million to $8.5 million, and has since dropped it to $7.5 million.
  • Star of “Real Housewives of Orange County” on BRAVO TV Jeana Keough, also a real estate practitioner, is facing foreclosure. (Yikes!)
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About Nancy Gaspadarek

With over nine years in the Chicago real estate market, Nancy continues to enjoy the momentous and exciting process of helping her clients buy and sell homes. Nancy believes that the relationships & friendships that she has developed over the years are priceless. In 2007 she made the decision to partner with Catherine Brennan and the two are collectively known in the industry as The G and B Team. ?It was the best move I could have made?, Nancy says, ?Having a knowledgeable and reliable business partner to counter balance your strengths and have a shared passion to provide top notch service and expertise to all our clients is such a blessing.? Nancy graduated from Florida State University in Tallahassee, where she received a four year scholarship and was the captain of the woman's volleyball team for four years. Nancy has lived in downtown Chicago for over 14-years in a variety of neighborhoods. Her free time is usually spent playing tennis, golf & running/biking along the lakefront. She participated in the 1998 Chicago Marathon and has competed in a number of triathlons as well. She volunteers with The Friends of Blaine School in Lakeview, as well as Umoja Student Development and loves to travel as much as possible. You can contact Nancy at 773.259.9353 or

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