Melbourne, Nov. 19 : Australian golf champion has become victim of America''s sagging real estate market.
Just months after ex-wife Laura Andrassy won a US 103 million dollar bitter divorce battle, Norman has been forced to slash the asking price for the former couple''s Florida mansion from US65 million dollars to US47.5 million dollars, a hit of US 27 million dollars.
If Norman secures US47.5 million dollars for the four-bedroom oceanfront estate on the millionaire''s paradise of Jupiter Island, he will break the record for the most expensive sale in the area, eclipsing the US44.5 million dollars Tiger Woods paid for a nearby mansion in 2006, reports the Daily Telegraph.