In today's Market, Buyers want the best quality and luxury items.  Among the current must-haves for very luxurious homes are Serene Bathrooms with souped-up saunas, Towel Warmers and Heated Floors (to bring the spa back home); Green Elements such as Eco-Friendly Woods and nontoxic building materials; and technology that integrates the controls for lighting, heating, security and other systems.

"The move to make the home more spalike is definitely going strong," says Suzan Globus, a Red Bank, N.J., interior designer and the president-elect of the American Society of Interior Designers. "One of the other trends is creating a seamless integration of technology into the home, making what we call smart homes. We are also seeing an interest in creating sustainable environments."

Low interest rates and a booming housing market have encouraged people in recent years to take out home-equity loans to spruce up their spaces, says Kermit Baker, the director of Harvard University's Housing Studies Center, with the most growth in upper-end kitchen and bath remodels. Though housing prices may be slumping, Americans are still investing in their properties -- an estimated $160 billion over the past four quarters, according to the Joint Center for Housing Studies at Harvard.

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