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California real estate

California real estate — A lousy housing market has celebs settling for below-asking prices

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The California real estate market is in worse shape than Bruce Willis’ movie career. ”I hate the word lousy,” says John Aaroe, a Beverly Hills realtor whose clients have included Cher and Joan Rivers, ”but it’s been disappointing.” A number of celebs have had to settle far below their asking prices, while others have been unable to sell at all.

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