Celeb housing: Ellen buys, Drew sells, Hugh Hefner on the move

  • (MoneyWatch) Hollywood's rich and famous have been making big moves in real estate the past few weeks. It seems like every day a different celebrity is spending millions of dollars on a new home. It must be these low interest rates.

    Ellen DeGeneres bought a super-pricey property, while Hugh Hefner gifted his new wife a new home and Jennifer Lopez finally has a place in the Hamptons for the twins to roam. Check out these celebrity homes.

  • Ilyce Glink On Twitter»

    Ilyce R. Glink is an award-winning, nationally syndicated columnist, best-selling book author, and radio talk show host who also hosts "Expert Real Estate Tips," a Internet video show. She owns and operates several websites including ThinkGlink.com, ExpertRealEstateTips.net, LawProblems.com, and HouseTask.com, as well as Think Glink Publishing LLC, a privately held company that provides consulting services as well as editorial content and video for companies and non-profit organizations. An in-demand speaker, she appears frequently on CNN, CNBC, NPR, and in local media outlets across the country.