Monday, August 9, 2010

London Luxury-Home Prices Decline for First Time in 16 Months - BusinessWeek
Aug. 2 (Bloomberg) -- Luxury-home prices in central London declined in July for the first time in 16 months as the recovery persuaded more owners to sell, broker Knight Frank LLP said. Prices of properties

Post Properties Inc. Reports Operating Results (10-Q) - GuruFocus
Post Properties Inc. ( PPS ) filed Quarterly Report for the period ended 2010-06-30. Post Properties Inc. has a market cap of $1.26 billion; its shares were traded at around $26.02 with and P/S ratio of 4.58

Luxury Property: Retreat at Timber Hill - Summit Daily News
Tucked away in the quiet Breckenridge neighborhood of Warriors Mark West is today's featured residence. The half duplex home at 18 Timber Drive boasts five bedrooms, four baths and nearly 2800 square feet of living space

Luxury Golf Courses Can Reduce Italy's $1.98 Trillion Debt, Say Developers - Bloomberg
Luca Valerio, Golf Parco di Roma Resort president. Valerio says that golf is a social event for Italians. Photographer: Fred Downes via Bloomberg An artist's rendering of the Terre Dei Consoli Golf Club. The

High-end home distress: Foreclosures, short sales catching up to luxury properties - Birmingham Business Journal
The trend of short sales, foreclosures and walk-aways from distressed mortgages is moving from outlying, middle-class cities to the mansions of Paradise Valley and Scottsdale. Beth Jo Zeitzer, president of ROI Properties

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