As expected, former Destiny’s Child singer Kelly Rowland will relocate to Europe after dumping Mathew Knowles as her manager. (LINK)
The sexy siren is a huge star across the pond and she has been spending a lot of time there.
But according to Faded Youth, Kelly is having trouble unloading her luxury condo in Miami.
The songbird has been trying to sell her nest since 2007 with no luck. Amid rampant speculation that Kelly would join the ranks of A-List celebrities in foreclosure, her publicist denies such action according to reports and insists Kelly is selling due to a relocation to Europe.
Various sources have confirmed the sale price is approximately $500 000 less than purchase which is to be expected in this market.
Ouch! A $500,000 loss is substantial especially in this economy. But I don’t think Kells will allow her home to go into foreclosure and ruin her credit.
Condo sales have fallen off everywhere. Here in Atlanta, only 66 condos have sold this year with thousands of unsold inventory just sitting.
