Luxury Homes Losing Value - CNBC
Thanks to a slightly bizarre tory about a New Jersey couple putting their almost-finished home on the market for $68 million , I decided to take a look at the luxury home market today. Source: luxuryportfolio.com Greenwich, Connecticut home Hey, it's

Hong Kong Land Sells for HK$10.9 Billion, Beating - BusinessWeek
June 8 (Bloomberg) -- Hong Kong’s government today sold a residential site for HK$10.9 billion ($1.4 billion) at a public auction, beating estimates and underscoring that efforts to cool the market have not dented demand for luxury homes. Home

Luxury homes languish as Wall Street pinches the rich - Bend Bulletin
Looking for a bargain? Actor Eddie Murphy’s 30-room Englewood, N.J., mansion, which went on the market in 2004 for $30 million, can be yours for $12.75 million. And hip-hop entrepreneur Russell Simmons’ 35,000-square-foot mansion in Saddle River

Hong Kong $1.4 Billion Land Sale Shows Demand Remains - BusinessWeek
Home prices have risen 41 percent since the end of 2008, prompting the government to tighten down-payment requirements for luxury homes in October to curtail speculation after record- low interest rates fueled the surge. Financial Secretary John