Even Hollywood's brightest stars aren't immune to the downturn in the real estate market. In recent months, names like Avril Lavigne, Wimer Valderrama, Denise Richards and Ed McMahon have all had to cut asking prices in an effort to sell their homes.
Former Guns N' Roses rocker Slash, slashed the asking price on his Hollywood Hills home by $325,000. Click here to see the list of tinsel town real estate casualties.
Thinking about buying or selling? Get tips on the best and worst real estate moves you can make, as seen on CBS. And click here to find the hottest and coldest real estate zones around the country.
Slashing prices ... Even stars are being
struck by the slowing real estate market.
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