Falling home values mean an attractive investment opportunity for America's affluent according to the Luxury Institute.
24% of affluent Americans plan to buy property in 2008.
Home values fall by a massive 14.1% in the first quarter of 2008. (see above)
Donald Trump sell luxury mansion in Florida:
After dropping his price by $25 million, Mr. Trump sold his mega-mansion in Florida.
New record price reached for a home in London:
Britain's richest man, Lakshmi Mittla has reputedly agreed a new record price for a luxury home in London.