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Archive for January, 2006


Community group looks to open retirement home for local gay men and lesbians

Stonewall Communities is close to announcing an agreement to purchase the property at 9 Miner Street, in the Audubon Circle neighborhood, near Kenmore Square, according to a story by Daniel Friedman in the Boston Courant (article not online, unfortunately).
According to the Stonewall Communities website, the not-for-profit’s goal is to create “a residential community located in [...]



How does Boston rank in work income?

Not too shabby.
Average weekly wages, by county and state:
County State 2003 Wages 2005 Wages
New York NY $1,250 $1,350
Santa Clara CA $1,224 $1,316
San Mateo CA $1,127 $1,267
Arlington VA $1,092 $1,257
Washington DC $1,150 $1,236
Fairfax VA $1,044 $1,177
Suffolk MA $1,039 $1,170
Fairfield CT $1,074 $1,169
San Francisco CA $1,051 $1,162
Of course, all of our money goes towards [...]



Do you own your own home? Are you sure?

Sometimes, things make sense. Sometimes, they don’t.
I’m not a fan of historic preservation. Not at all.
Here’s a worst-case scenario, for you.
Old man lives in a house, with his elderly mother. Decides to sell his property. Apparently, there were no zoning issues, or anything of the sort, at least they weren’t mentioned.
No, [...]



Rising property taxes – what can we do about them?

IProperty taxes have risen over the past ten years, by 50%, I believe, for homeowners in Boston. This is due to increases in property values, not to increases in the tax rate. (So, a property assessed at $250,000 in the early 1990s is now assessed at $500,000.)
Commercial real estate is taxed differently, based [...]



A nightmare of epic proportions

Ouch.
A family finds what seems to be a perfect home. Within hours of closing, however, the husband and wife discover there may have been a huge oil tank leak, something not disclosed by the sellers.
Unfortunately for the young couple, their newly purchased single-family home … was an environmental time bomb.
“Our first night there we [...]



Neponset Place Condominiums – new development in Dorchester

Just got mail from the developer behind the Neponset Place Condominiums, located at 48 Coffey Street, in Dorchester.
Looks to be a condo conversion. Forty condos, 25 one-bedrooms (725 +/- square feet) and 15 two-bedrooms (925 +/- square feet).
Prices? Mmmm. $219,900 for one-bedrooms, $269,000 – $279,000 for two-bedrooms.
They took the time to put [...]



Back Bay real estate averages $800 / SF – do the math

I went at open houses in the Back Bay, yesterday, with a client. We were looking for “cheap” studios, something under $300,000. There are twelve units on the market, in this price range.
We stopped by a property on Beacon Street. This building had been converted from a single-family, or rooming house, I [...]




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