Kramer declined to comment on the details for any of those transactions but did explain the discounted prices. Kramer explains the sudden market moves by saying, "You've got a concerned seller and so they're being more flexible on their price. Actor Sylvester Stallone has re-listed his property at a loss with an asking price of $3.35 million. Drummer Tommy Lee seeks $4.59 million for his property, lower than the $5.85 million he paid in 2007. Former Red Sox player David Ortiz has listed his home for $5.5 million after previously asking $6.3 million.

Source: Forbes May 28, 2020 16:30 UTC