Yes, that was Anne Rice’s place. There was an article in the UT when she bought the place a few years ago. 11,000 sq feet seems kind of large for one person doesn’t it?

You’d be surprised how many celebrities lose big money on real esate even during boom times. I believe Scottie Pippen from the NBA took a huge loss recently in Portland and that area is stil doing well and he had it for 4 or 5 years. The LA Times has a celebrity writeup every Sunday of their RE section and they usually list what they bought and sold for. Courtney Cox from Friends fame buys houses, renovates and flips for huge profits. She seems to know what she’s doing. I’m still wondering how David Arquette snagged her.