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Orlando Bloom's Former Beverly Hills Home Gets Price Cut

Original: EXCL: Orlando Bloom's Former Beverly Hills Home Sees Asking Price Trimmed

The Beverly Hills home that actor Orlando Bloom once owned has had its asking price reduced, according to real estate listing reports. The property, which hit the market after passing through Bloom's hands during his ownership years, is now listed for less than its original price as sellers appear to adjust expectations in a cooling luxury market. Observers note that celebrity-owned homes often carry price premiums that buyers are increasingly unwilling to pay.

Why now: Price reductions on celebrity-linked properties draw attention amid ongoing speculation about a softening luxury real estate market.

Orlando BloomBeverly Hills

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