Just three years ago, people celebrated the consecutive five-year record home sale and the inflated all time high house price. Since then the housing market dramatically slowed down with the record low mortgage rate become history.
Many homeowners had seen their house value increased dramatically three years ago. Now the house price is going reverse direction. The sub-prime mortgage crisis and adjustable mortgage rates re-set push the mortgage payment default rate to record high. The new house inventory, existing house for sale and foreclosure houses are all time high. Nobody can predict when the house price going up again.
Everybody loves the home ownership. Buying a house is a great investment, but house is also a consuming product. Owning a house has many ways draining your cash -- mortgage payment, real estate tax, insurance, maintenance and so on. Buy what you can afford to fulfill your dream life.

The Celebrities often own multiple properties worth multi-million dollars in different locations. They earn millions dollars each year. But they also worry about their property values, deal with buying and selling property chaos, finance burdens as well as home mortgage. Find the celebrity home news and stories below.
       

Celebrity home news and stories:

Britney Spears has troubles living in home...
Christina Aguilera Had a romantic winter wedding...
Angelina Jolie  Found a new lover... 
Avril Lavigne  Old neighbor of Britney Spears... 
Jennifer Lopez How many houses she has?...
Jessica Simpson  Bought a future condo in Las Vegas...
Paris Hilton Forced to buy a new house...
Pamela Anderson Has a safer home in Malibu...
Lindsay Lohan Did she buy vice president Dick Cheney's house?...
50 Cent Bought a huge $1 mansion in Farmington...
Michael Jackson Sold his Neverland Valley Ranch in one day...
MegaStarHome Celebrity home news and stories.

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