Some celebrities, like â€śMalcolm in the Middleâ€ť star Frankie Muniz and the cast of â€śFriendsâ€ť seem to be constantly buying and selling properties. But famous or not, itâ€™s not so easy for everyone to sell.
It could be the market and the economy. Maybe specific properties have specific reasons they arenâ€™t selling: staging issues, odd choice of dĂ©cor, massive size or perhaps outrageous cost.
Or maybe thereâ€™s a glut of luxury homes mostly in the L.A. area that are too similarâ€”so many of them are Spanish, vaguely Mediterranean in style, in a gated community, decorated in neutrals, with pool, spa, home theater, fitness room, wine cellar, guest house and so forth.
Other celebrity real estate headaches this year include a lawsuit-entangled property involving water damage.
Hereâ€™s a look at 10 palaces on the market, with photos provided by Trulia.com.
By Colleen Kane
Posted 15 December 2011