The DeGeneres Effect: A Tale of Luxury Real Estate's Hidden Rules The recent relisting of Ellen DeGeneres' restored Santa Barbara farmhouse for $14. 75 million has shed light on a peculiar trend in luxury real estate.
On its surface, this story is about a celebrity couple buying, renovating, and selling a high end property with significant gains.
However, scratch beneath the surface, and you'll find a fascinating example of how power couples like DeGeneres and her partner Portia de Rossi wield influence over market values.