• Billionaires, ballplayers and country music stars: Who's buying and selling homes December 10, 2017
    One of the best ways to monitor the state of local economies is to follow residential home sales. Given that keeping an eye on local markets is the business of The Business Journals, we take particular note when it's a veritable Who's Who of industry making plays in the residential real estate market. Across the most-recent month, we spotted homes being bought, marketed and sold by people like country music legend George Strait, billionaire T. Boone Pickens, Fox News political commentator Tucker…
  • How much should your salary be in Seattle to afford a home? December 10, 2017
    (Unable to see the photo gallery on this story? Clearing your browser's cache and cookies may help. Click here for instructions.) As home prices continue to soar in the Seattle area, how much do you need to make to afford a home when factoring in interest, taxes and insurance payments? Median home prices have risen in most major U.S. cities. In a nationwide analysis by HSH.com, only the Hartford, Connecticut, metro area saw a decline in median home values, while all others saw an increase. In…
  • Super Bowl Rentals: Lavish estate on private island with helipad available for $250,000 per week (Slideshow) December 10, 2017
    Editor's note: The Minneapolis/St. Paul Business Journal is introducing a new weekly feature — Super Bowl Rentals — highlighting some of the most extravagant homes available for rent in the Twin Cities during the 2018 Super Bowl. The series will temporarily replace our Dream Homes editorial on Mondays, but only for a short while. To kickoff our Super Bowl Rentals series, here's a look at a 20,000-square-foot home on a private island in Greenwood. Justin Timberlake. Jennifer Lopez. Shaquille…
  • Now for sale: Longtime Texas home of Houston Rockets legend Hakeem Olajuwon December 9, 2017
    The former home of Houston Rockets legend Hakeem Olajuwon is for sale in north Houston. The 7,271-square-foot house at 2902 Pine Lake Trail was custom built in 1983, and Olajuwon lived in it for many years afterward, said Ryan Jockers. Ryan and Royale Jockers of Better Homes and Gardens Real Estate Gary Greene are marketing the property, which currently is listed for $595,000 on HAR.com. That will likely turn the head of some Austinites who wouldn't expect to get into a home like this for under…
  • Millennium Tower Boston just sold its last penthouse condo for $10.6M December 9, 2017
    More than a year after its completion, the 60-story Millennium Tower Boston has sold its last luxury penthouse condo — for a price of more than $10 million. The buyer, however, remains a mystery. According to a county filing, the purchasing entity is known as One Franklin Street PH3B Realty Trust, and it paid $10.6 million for the 58th floor condo on Nov. 30. A company affiliated with tower developer Millennium Partners of New York, MP Franklin Residential Co LLC, was listed as the seller.…