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Archive for April, 2005
I am not optimistic that anything of any size will ever be built down in the Seaport area, except for some hotels and maybe some office space.
The part about this story that caught my eye and kind of scared me, was about how the city might be offering tax-incentives to companies that want to build [...]
04/30/05 |
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Whoa – I missed this story last week…yep, this would affect a lot of people…
By Kenneth R. Harney, Boston Herald wire
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WASHINGTON – Is Congress about to kill a popular rule that allows you to deduct interest paid on home-equity loans and lines of credit? The staff of the influential Joint Tax Committee, which advises the [...]
04/29/05 |
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Below is a report of sales and listing activity for the past week.
Information is derived from LINK, the online database that is used by most Boston
real estate agents.
New listings: 242
Back on market (listings that went
under agreement but deals fell through): 15
Price changes (almost always downward, but
some go up): 101
Under agreements: 184 [...]
04/29/05 |
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Boston to get its own high-end homes
magazine.
By Greg Gatlin, Boston
Herald
Dan Kaplan can’t figure out why virtually every region in
the country except New England has a luxury homes magazine targeting the "super
affluent.”
That will change in August when Kaplan launches New England
Home, showcasing the region’s most impressive family estates, oceanfront compounds and
cutting-edge urban lofts.
"Our mission is [...]
04/28/05 |
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Interesting story about how one family built their home on land that didn’t comply with local zoning laws, and are now faced with the catastrophic possibility that they might have to tear it down.
From the Globe:
A politically connected Dorchester family is getting help from the highest levels of City Hall to save a newly constructed [...]
04/28/05 |
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Well, if prices fell 30% in the South End, what would that mean for a
buyer?
Here’s the scenario:
In March, 2005, if you had been
pre-approved for a purchase of $500,000, with 20% ($100,000) down, you could have bought a
one-bedroom, one-bathroom, 761 square foot penthouse unit at 22 Union Park, #6, for
$482,284.
If prices had fallen 30%, however, you [...]
04/26/05 |
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Here are the median sales price of condos in the South End for the past five years. I chose May, since that is probably one of the busiest months when it comes to closings; I used March of this year, since it’s the most recent full-month of sales.
5/01/00 – 5/31/00 – median sales price: $329,000, [...]
04/26/05 |
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