What Do Project Runway, The NBA, And The Office Have In Common?

Celebrity real estate is always a hot topic since we are all interested in what is going on in the life of the rich and famous. In the current real estate market there is a lot of buying and selling, even in the celebrity arena. Selling a home is one thing that can be tied to each of the following: Project Runway, the NBA, and The Office.

Heidi Klum and Seal's Home

Project Runway’s Heidi Klum and Seal Sell Their Mansion

According to L.A. Times, model, actress, and Project Runway

host and producer Heidi Klum and her musician husband Seal listed their plush Beverly Hills home for $6.9 million in June of this year and sold it only a few weeks later for $7 million – more than the list value. As Heidi heads into a new season of Project Runway and launches a website with AOL, she also managed to buy a new mansion in the heart of Beverly Hills. The Los Angeles Mediterranean-style mansion rests on multiple acres of land and is complete with a pool and tennis court among other luxuries. The couple purchased the 9,000 square-foot home complete with 9.5 bathrooms and 6 bedrooms in 2010 for $14.2 million, above the asking price of $13.4 million – indicating that multiple people were bidding to obtain this incredible property. Apparently, demand is just as high in the celebrity market as it is in the normal real estate market.

Carmelo Anthony's Home

NBA Star Carmelo Anthony Parts with His Multi-Million Dollar Home

Heidi and Seal are not the only ones selling their multi-million dollar homes; so is NBA star Carmelo Anthony, better known by “Melo.” According to Denver Post, Anthony, who now plays for the New York Knicks and is a force to be reckoned with on the court, is also known for his stellar performance from 2003-2011 with the Denver Nuggets. This time he is in the news not for basketball, but instead for selling his home for $6.2 million.

Anthony listed the property for $9.5 million, already much lower than his 2007 purchase price of $12 million. However, with little financial concern for the new Knicks player who will receive approximately $65 million over the next three years, Anthony walked away from the property and decided to rent a New York condo as opposed to purchasing a new home. The buyer of this incredible estate definitely got a once in a lifetime deal.

John Krasinski's Home

The Office’s John Krasinski’s Makes a Sale

John Krasinski is best known for his acting, directing, and writing ability especially in relation to the hit television show The Office. According to New York Daily News, this marks the second time that Krasinski has attempted to sell his West Hollywood home in the last two years, with the first listing price of $1.245 million. However, when he listed his property in March of this year, his asking price was down to $945,000. Krasinski and his wife originally purchased the home for approximately $1 million in 2006. His second attempt to sell his home proved to be a lot more successful than his first, with his home selling for $880,000.

These celebrity real estate homes sell prices show that the decrease in home values is not occurring in a box that only affects those in the middle to lower class. Instead, celebrities are selling their homes for discounted prices as well, providing incredible opportunities for investors to leap on deals that may never be seen again in this lifetime.

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