London Luxury-Home Prices Drop in Month for First Time Since March 2009 - 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 costing at least 1 million pounds ($

Post Properties to begin construction on Alexandria aparments - Washington Business Journal
Atlanta-based Post Properties Inc. said Monday evening that it will begin construction on the second phase of its Carlyle Square apartment project in Alexandria. The 344-unit luxury apartment building will be

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

Concierge Auctions to Present Luxury Bank-Owned Residence in Kona, Hawaii at Live, on Site - Forbes
KONA, Hawaii, July 30 /PRNewswire/ -- A live, on-site auction of a new exquisite island residence perfectly situated on more than 1.6 acres in Kuki'o - home to the exclusive Kuki'o Golf and Beach Club - at 72

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

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

Hong Kong's July Property Transactions Up 6% On Year At 14,885 - NASDAQ
HONG KONG -(Dow Jones)- Hong Kong's property transactions in July totaled 14, 885, up 6% from 14,039 a year earlier and up 34% from 11,128 in June, Land Registry figures showed Tuesday. The rises came amid strong

Toll Bros. seeks distressed properties - Hartford Business
Luxury homebuilder Toll Brothers Inc., with operations in Connecticut, is forming a new subsidiary that will invest in distressed real estate, The Associated Press reports, citing company officials. The formation of

Babysitter Stabs 2 Young Girls in Luxury Westchester Neighborhood: Cops - msnbc.com
A 39-year-old babysitter has been charged in connection with the stabbing of two young girls at their home in Katonah, a luxury neighborhood in Westchester inhabited by the likes of Martha Stewart and Ralph Lauren

Brangelina Purchase Luxury Home in Italy - AceShowbiz
Brad Pitt and Angelina Jolie have expanded their property empire by investing in a multi-million dollar mansion in Italy. The Hollywood couple has reportedly added to their property portfolio by paying $40 million for a