McGraw Loses Faith in the Hills

11/16/2008 12:54 PM PST

McGraw Loses Faith in the Hills

For those looking to take advantage of the crappy housing market and trade up -- you're in luck.

Tim McGraw and wife Faith Hill have just listed their 10,500 sq. ft., 6 bedroom, 7.5 bath Beverly Park Mediterranean Village for a mere 14.8 mil, according to the L.A. Times. For that you get a gym, pool and an extra 4 acres of land to raise sheep and cattle.

The country crooner, who's said to be pissed with his label for cranking out yet another greatest hits album, is pulling a reverse-hillbilly by "packing up his stuff and moving away from Beverly."

Our advice to buyers? Wait a week and see if you can shave off another mil.