Celebs Celebs Celebs

July 16, 2:44 PMReal Estate Marketing ExaminerSpencer Rascoff

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When People magazine launched back in 1974, it fed its readership with human interest stories and a little splash of celebrity news. It’s rather quaint to think about its humble beginnings, but it was apparent what people wanted: celebrity news and gossip, digestable in less time than it takes to go to the [you know what]. People ramped up its celebrity coverage and then competitors started popping up: Us Weekly (“Just Like Us!”) and OK! (“Red Carpet Confidential”) are two big ones. And now there's Life & Style -- you know, the one that looks like Us. Taking it to a whole new level is TMZ, running online celeb gossip and news 24/7. TMZ (which stands for "thirty mile zone", the area around Los Angeles) also has a TV show with random celeb clips that can last but 10 seconds long, showing Lindsay Lohan dashing through a parking lot and into a car. Celebs! Celebs! Celebs! Everyone's guilty pleasure.

So what do celebs have to do with real estate? Lots! It’s another window into the rich and famous and a chance to see how they really live. Look at Goldie Hawn and Kurt Russell’s Malibu Home that rents for $95,000 a month. Or Donald Trump’s Palm Beach Mansion that sold for $100 million. Or, see the home Michael Vick used for his illegal dogfighting operation.

Celebrity foreclosures are a big headline-maker also -- it turns out maybe celebrities really are “just like us?”

Want more celebrity real estate headlines? I'll keep you posted.