[Blind Gossip] We’ve talked to you before about this TV Lady’s many issues.
Her popularity has definitely waned from its peak, and the public does not look at her the same way they once did.
That diminution of stature and reputation also means a diminution of income.
She is not broke by any means, but her monthly expenses are huge. She is running into some cash flow issues.
So she is selling her really big house.
This is not a second home. It is her primary residence. She completely customized to her lifestyle. A year ago, she was definitely not even thinking of selling it, so her decision to sell is not a happy one.
With all she put into it, will she make a profit?
Even though the housing market is hot right now, and even though she customized it a lot, she knows she will probably have to take an overall loss on it when it sells.
Our TV Lady has a very big ego. She knows how to spin even bad things to make herself look good. Thus, she will likely make it seem like she did well on the sale.
Even if she doesn’t.
Time to call a moving company… and her publicist!
Similar: House Is Part Of The Loop
[Optional] What do you think will happen to the housing market in the next year?
TV Lady: Kate Gosselin
Kate Gosselin of Jon & Kate Plus 8 is selling her house!
Your friends at Blind Gossip told you about this a couple of weeks ago. The house has now been listed for sale.
Kate and her ex-husband, Jon Gosselin, purchased the home in 2008 for $1.1 million.
The picturesque property became the setting of the reality show Jon & Kate Plus 8 which featured the Gosselins raising their family of eight children, including a set of sextuplets.
When the couple divorced in 2009, the show was changed to Kate Plus 8 and continued to follow Kate as she raised her kids.
The Gosselin twins are now 20 years old, and the sextuplets recently turned 16.
The house and property are HUGE.
Built in 1997 – and completely customized by Kate and Jon at the height of their fame – the house is 7,591 square feet and has six bedrooms and seven bathrooms.
Kate Gosselin Is Selling Her Kate Plus 8 House for $1.2 Million
Kate Gosselin is parting ways with her family home.
The Kate Plus 8 star’s Wernersville, Pennsylvania, abode has hit the market for $1,299,990.
As seen on her popular TLC series, which also starred twin daughters Cara and Mady, 20, and 16-year-old sextuplets Hannah, Collin, Leah, Joel, Alexis and Aaden, the 7,591-square-foot residence sits on 23 acres of private land surrounded by mature trees, grassy fields and lush greenery.
Built in 1997, the house boasts six bedrooms and seven bathrooms, as well as a family room and game room that connects to the backyard patio. There are oak and cherry hardwood floors throughout. A hunter green front door decorated with ornate glass work opens to a spacious two-story foyer.
A chef’s kitchen can handle meals for a large family, with a oversize island, three ovens, six-burner cooktop, and two dishwashers, as well as a casual dining area and bar seating.
Kate and ex-husband Jon Gosselin bought the house in 2008 for $1.1 million, according to E! Online.
The pair, who were introduced to the world on Jon & Kate Plus 8, divorced in 2009 after 10 years of marriage.
While Kate will likely say that she is downsizing because the kids are getting older, the truth is that she simply can’t afford the property anymore.
Kate Gosselin was on TV almost continuously from 2007-2017, but as the kids grew older and some moved away (voluntarily and involuntarily), it became more difficult for her to draw an audience.
The family has fractured, with some of the kids living with her and some living with Jon (see The Shuffled Child for details).
Additionally, Jon has legally blocked Kate from using the kids to film more shows (see Super Mom Panicking for details).
Kate has tried to capitalize on her fame in other ways, including a stint on Dancing With The Stars, but she has been unable to generate the kind of income that she once enjoyed with a successful TV show.
Her most recent show, Kate Plus Date, did not fare well in the ratings.
The audience was always interested in the kids. Kate Gosselin’s love life? Not so much.
The house was purchased in 2008 for $1.1 million.
Jon and Kate poured a lot of money into customizing the home and the grounds for their family and to make it “TV ready.”
Twelve years later, Kate Gosselin is now listing the home for just under $1.3 million.
She will take a loss on the sale of this house.
Her next home will likely be a smaller home on a smaller property… with a smaller mortgage.
Congratulations to Thisisreal for being first with the correct response!
Related: Super Mom Panicking
Related: The Shuffled Child