Spanish crooner Julio Iglesias has demolished his family home - because he failed to sell it. The singer put his Florida home on the market for $25 million (GBP12.5 million) but decided to bulldoze the property when it didn't attract any buyers. He says, ''We went down, down, down (in price) and then I thought, you know, this is too cheap. "The house was built for a couple (and) suddenly I had five kids." The 64-year-old says he plans to rebuild on the land.