Billionaires, ballplayers and country music stars: Who’s buying and selling homes

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…

Tampa Bay Lightning player buys waterfront Davis Islands mansion for $3.3M (Photos)

A Tampa Bay Lightning player is upgrading his Davis Islands real estate. Ondrej Palat and his wife, Barbora, paid $3.3 million for a home on Lucerne Avenue in a deal that closed Dec. 7, according to Hillsborough County property records. The Palats took a $2.3 million mortgage on the home from RBC Bank, property records show. The couple owns another home on Davis Islands, on Biscayne Avenue, for which they paid $1.275 million in 2014. A Lightning spokesman declined comment Monday. Palat re-signed…

Former Miami Heat All-Star lists Miami Beach mansion for $18M (Photos)

Chris Bosh, a former All-Star and NBA champion with the Miami Heat, has listed his Miami Beach mansion for $18 million. ONE Sotheby’s International Realty Diane Liberman represents the retired basketball star in listing the 12,368-square-foot home at 6396 North Bay Road. The 24,000-square-foot lot is along the Intracoastal Waterway. The mansion has six bedrooms, eight bathrooms and three half-bathrooms. It has a pool, a guest house, a dock, a covered summer kitchen and a cabana bath. The home…

What happened to the American boomtown?

The places with the most opportunity used to attract the most new residents, in a cycle of fast-growing and rising prosperity. But no more.

Here are the best places in the U.S. to buy a winter vacation home

RewardExpert, a New York-based credit card rewards company, recently ranked the best places to invest in a winter vacation home across six U.S. regions: View the photo gallery to see the best place to buy a vacation home in each region. Franklin County, Florida, ranks first in the South Atlantic region. “Real estate values here have increased by 10 percent in the past 12 months, but remain lower than most Florida counties,” the ranking says. To compile its ranking, RewardExpert looked at 14…

Waterfront spec mansion in Miami Beach sells for $16.5M (Photos)

A waterfront spec mansion on Miami Beach traded for $16.5 million. The 12,078-square-foot home was sold by 3114 North Bay Road LLC, managed by luxury home developer Felix Cohen, to Eric James Dalius and Kimberly Ann Dalius. The price equated to $1,366 a square foot. The seller was represented by Julian Cohen and Jacques Cohen of Compass. “The home's design blurs the line between indoor and outdoor living and renders the perfect blend of nature, modernity and privacy on the open Bay, while staying…

The great American single-family home problem

Building more housing, more densely, could help address a widespread economic challenge. A fight over one particular lot shows how tough that could be.

Crisis in reverse mortgages? Some say yes

Foreclosures in reverse mortgages climbed to more than 3,600 a month last year, up from less than 500 a month in prior years, according to government data analyzed by nonprofit groups.