Will 2011 be even hotter for Bristol Palin than this year was? Putting her 'Dancing with the Stars' earnings to good use, the young mom recently made a real-estate investment in a sunny climate far from mom Sarah Palin's beloved Alaska.Mike Smith has confirmed to E! that about a month ago, Bristol purchased his former property in Maricopa, Ariz., approximately 35 miles south of Phoenix -- a region hard hit by the financial recession (ABC's 'Nightline' has called Maricopa the "poster child of the housing crisis"). Public records show the five-bedroom home was originally built in 2006 and sold for $329,560. It went into foreclosure in January, with the most recent owners snapping it up for $137,200; it was then fixed up and flipped back onto the market for resale.
Enter Bristol. The 20-year-old 'DWTS' finalist reportedly paid $172,000 -- in cash -- for the large house. Cynthia Smith says, "It's a nice family home with a big backyard and patio. It's in a great neighborhood....I think [she] will really like it there."
But why would Bristol Palin move to, of all places, a suburb in Arizona?





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It's Bushs fault!
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You're right Larry. IT IS BUSH'S FAULT. Never in THE HISTORY of the USA have REAL ESTATE VALUES PLUMMETED so far under one president's watch.
Sorry vdog, as President, Bush could only warn Barney Franks and Chris Dodds of the impending disaster, and he did. They are the ones that insisted that Fanny Mae and Freddy Mac were in no danger.I guess they were wrong.
172k for a dog house. outrages!
oh great article ,I hope she finds herself and the privacy to raise her son without everyone watching. That may seem like her due (to her) at this time, but I think it will be easier without all the attention.
My boyfriend and i both think so ...He is almost 11year older than me .i met him via uniform'edmeet.c 'oma nice place for s'ee'king Army, Navy, Mari'nes, Air Force, Police Force and their admires.just love it
there go the neighborhood
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I am not a fan of the Palins but good for Bristol investing. Smart move and she is young enough that she can hold onto the property for a long time and make money . Good for her if she decided to escape her momma who seems to be a controlling screechy screamy kinda hag.
The real estate situation, though harmed by the bank situation, was really the fault of too many people buying too many houses they couldn't afford! What moron buys a house at the top of the market when they can't afford it at any other time? I've seen people I know, people not making big money, buy houses then just use them as ATM machines. Calif. is THE worst! So suffer...live low rent not and learn a good lesson!!
SHE WANTS TO BE CLOSE TO MCCAIN AND GET AWAY FROM HER MOTHER
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I think the bigger question is, why do people follow the doings of Britol Palin? She's not a politician, entertainer, etc. She's just someone's daughter.
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And why would someone hate her for no reason since she is not famous at all. Guess if you hate moral people like Palin you would also hate her daughter. Instead of hating good make your self moral.
No one is hating her, just asking why this is in the news. She is the daughter of a famous woman, true, but why follow her every move? Does it matter that she bought a house, and where? Maybe she just wants to go somewhere warmer. Maybe she wants to be able to raise her son without every move being watched.
You almost hit the nail on the head, Allmy, but you said someone's daughter, instead of some idiots daughter. Good try though. Peace.
Sarah Palin A huge fkn Phony
OR perhaps she saw a good deal on a house in a good neighborhood, and likes the weather in Arizona?
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Maricopa is a wasteland...
It is a wasteland. Have you checked out the neighbors? Oh man. News interviewed some of them and wow. Fannie and Freddie have been hard at work there. Not even with a ten foot pole!
If she could get some of the pounds off she could be a real beauty.
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....plus some cosmetic surgery...