Luxury houses tempt buyers with lower tags - Economic Times
LONDON: Luxury homes became more affordable last year, as the financial crisis eroded prices from Monaco to Barbados, according to Knight Frank. Prime real-estate values at 56 locations declined by an average of 5.5%, the London-based property broker

Henderson Must Explain Uncompleted H.K. Home Sales - BusinessWeek
Responding to an outcry over rising property prices last year, Hong Kong raised down payments on luxury homes to 40 percent from 30 percent and clamped down on marketing techniques. The apartment Henderson said was sold for a record -- based on

Lookout of Deer Valley Park City Utah Sells New - PRLog (free press release)
Five of the seven homes that sold are ready for immediate occupancy, the remaining two offer customized interior finishes and will be ready for delivery later this year. All of these luxury homes at Lookout blend massive timbers, native stone, and

Grubb & Ellis Apartment REIT Acquires Bella Ruscello - Street.Com
Located at 250 E. Highway 67, Bella Ruscello Luxury Apartment Homes was built in 2007 on approximately 10.6 acres. The gated community offers one- and two-bedroom apartments as well as a community clubhouse featuring a media room, business center

Frank McCourt's wife seeks nearly $1M per month - Baxter Bulletin
LOS ANGELES (AP) — Former Los Angeles Dodgers CEO Jamie McCourt should receive nearly $1 million in monthly spousal support to pay the mortgages for seven luxury homes and maintain the lifestyle she had during her 30-year marriage to team owner