Britney's Real Estate Woes

The market isn’t doing too well and Hollywood is feeling the real estate woes. Pop princess Britney Spears is having a difficult time selling the Malibu mansion she shared with K Fed and the kids.

The seven-bedroom, 1.53-acre estate is on the market for $13.5 million since January has now dropped to $11.9 million. The sad part is that it’s still available and there are no bids. Spears had bought the pad before she and K Fed tied the knot in October 2004 for $6.9 million.

Many people argue that it’s not just the market that’s affecting the sale but the idea of your house being a tour stopping ground. Where you hear a microphone on a tour bus saying "to the right we have the residence that made Britney loose her mind and shave her head."