The Home Front

Shaquille O'Neal's Housing Market Rejection

By Luke Mullins

Posted: January 6, 2009

Looks like the housing market just stuffed Shaquille O'Neal:

From the New York Post, via patrick.net:

The Phoenix Suns center has just relisted his Star Island estate in Miami Beach for $25 million - $10 million less than its all-time high asking price back in November 2007, when a prospective buyer backed out of a deal for it. O'Neal bought the spread for $18.8 million in 2004, when South Florida was riding a boom.

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The Home Front

The Home Front

Associate Editor Luke Mullins tracks the treacherous housing market and explains how to unload a five-bedroom McMansion or even find that dream home.

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