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Archive for May, 2005Middleman Now Rich Man in Real Estate BoomInteresting article in the New York Times about real estate agents and how much money they make (some of them, at least…). Some homeowners delay sale in hopes of higher profitThese people, on the other hand, are just crazy. They make us all look bad. Kandy Walsh owns a second home near Tucson that has appreciated $200,000 in five months, and she’s ready to sell it. But not just yet. Mortgage trend poses risks in downturnMy blog might just have to become a "bubble-free" blog if I have to keep reading stories like this one, that appeared in today’s Boston Globe. Same Old SouthieHmmm. Interesting article in today’s Boston Globe Magazine. Not sure if I can agree with everything the writer says. He puts a very pretty face on current day South Boston. A good read. When the Numbers Don’t MatchWhoa. Appraisers have been criticized for saying homes are worth more than they really are, but this is the first time I’ve read where they are being criticized for saying homes aren’t worth what they are being sold for. Fear this situation – the seller wants to sell you a home at a certain price, [...] Weekly Boston Real Estate Sales and Listings Update, May 27, 2005Below is a report of sales and listing activity for the past week. Falling home prices in Boston – an historical perspectiveInteresting piece of information from a study on hedging the risk of lower real estate prices. It uses data from the last time real estate prices dropped, in the late 1980s. |