Even celebrities are having trouble selling their homes

In the ever troubling real estate market, even multimillionaires are having difficulties unloading their plush pads. Prices on homes are at historic lows and even James Bond cannot seem to find the right recipe for successful selling, according to Bankrate.com

Pierce Brosnan bought his idyllic Malibu home, coincidentally enough, out of foreclosure 15 years ago. Now it seems that market trend may be hindering his sale of the home. The 3,412 square foot home, which has sweeping views of the Pacific Ocean, has been on the market for almost a year. Brosnan even dropped the price from $3.9 to $3.5 million in December to no avail, according to the news source.

The market is so challenging, even Billy Joel is having trouble selling his Hamptons compound. The estate sits on $2.4 acres of land and has been extensively renovated by Oprah's protege Nate Berkus.
Joel bought the home in 2004 for $19 million, listed it for $22.5 million two years ago and has since dropped the asking price down to $18.5 million. 

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