Faith Hill and Tim McGraw Test Real Estate Market

 - Oct 22, 2008   Updated: Jul 13 2011
References: luxist
Faith Hill and Tim McGraw's house is on the market in Beverly Hills. Apparently, they aren't worried about the downturn in the California home market. They bought the place for $6.2 million and are asking just over $15 million after only 5 years.

Their pad is the West Coast version of the Opryland Hotel--complete with a grand staircase that features wrought-iron railings leading up to the bordello red room upstairs.

Implications - Considering that this house was home to two famous country music stars, the chance that the house will sell is very likely. Even though the economic recession is still hanging over many peoples' minds, an opportunity to buy from these two does not happen very often and could serve as a long-term investment for the future.