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Celebrities are just selling their homes all over the place even though it looks like it’s not the time to sell as markets are down. But maybe that’s why their selling. Cher is the latest star to put her home up for sale. The singer auctioned off most of the contents of her Malibu mansion around two years ago and now she’s ready to sell teh property. Cher is selling her Italian Renaissance-style villa which was built back in 1992 for $45 million. The 14,000-square foot villa sits on 1.7 acres of land and overlooks the Pacific Ocean. It’s a 3-storey villa featuring 6 bedrooms and 7 bathrooms. There’s a pool, tennis court, guest house, gym, theater and multiple verandas. Now you know why it’s priced that way.

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