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Archive for October, 2006


Allan Dalton is … really annoying

Just about everyone in real estate has seen this video.
It’s Allan Dalton, tearing Zillow.com a new one.
Allan Dalton is the new chief of Move.com, which, like Realtor.com, is run by the National Association of Realtors (Move.com is a publicly traded corporation). **
Basically, in the video, he goes on for about ten minutes complaining about Zillow.com, [...]



The Sears Buildings – apparently, modular was in, then

Maybe I’m the last to know about this.
Apparently, the Sears, Roebuck Company liked consistency in its buildings.
In the early 20th century, the corporation built several large buildings across the United States that were very similar, if not identical, in design.
Who knew?
Here are some of their buildings, built around the same time.



Buying a home for the first time? Here’s everything you need to know

The Globe has a great bunch of articles helpful to people thinking about buying their first single-family house or condominium.
I couldn’t say it better, myself:
The Globe quotes information from Mass Housing, a great state organization whose mission is to help first-time home-buyers.

Buying a home is probably the biggest purchase you’ll ever make. Without the proper [...]



44 Prince Street – prices stay constant

From the Globe:
More evidence that the luxury condo market is holding its own amid a slump elsewhere in real estate: at the new 44 Prince St. development in the North End, Bruins coach Dave Lewis paid $950,000 for a condo with sweeping views of the city. (Lewis came on board with the Bruins over the [...]



45 Province – this place is insane!

45 Province is a $175 million, 31-story, 150 unit, luxury condominium project about to break ground in the Ladder District (a.k.a, Downtown Crossing), with prices in the $700,000 to $2.6 million range.
The timing of such a project may seem odd, to some, seeing as the real estate market in Boston, and the rest of the [...]



Mortgage lenders want your business – really bad (ly?)

Mortgage lenders need borrowers, right?
So, apparently, sometimes they find out you’re looking to borrow, and start bugging you with phone calls all day and all night.

Borrowers who believe their mortgage applications are private should think again. Other lenders, and their telemarketers, can easily find out that they have applied for a mortgage …
… in [...]



North Station + Bulfinch Triangle area hits a roadbump

It’s aggravating to hear when developers either delay or out-right cancel their projects.
Unfortunately, it looks as though two North Station developments might end up that way.
Avenir Boston, as most people know by now, is “re-valuating” their sales strategy. The project may become rentals, instead. (My advice? Pay your monthly mortgage on the land, [...]



East Boston waterfront sees great improvements in its future

The East Boston waterfront, with great views of downtown Boston, and just minutes away from the rest of the city, by car, MBTA, and boat (?), is going to see great changes, in the near future.
East Pier Boston is about to begin construction (you can see the banner announcing the project, off in the distance, [...]



Boston condo sales drop, but how good is the data?

Third quarter sales are down in the city, apparently, according to a story in yesterday’s Globe.
The data they use, from LINK, is accurate, to a point, but I recommend buyers and sellers rely solely on numbers put out by the Warren Group (including my own numbers!).
While the National Association of Realtors (and the Massachusetts Association [...]



Weekly Boston Real Estate Sales and Listings Update, October 28, 2006

The following information is from the local MLS database, as of October 28, 2006, compared to (last week’s numbers).
Total # of condos for sale in the city of Boston: 2,826 (2,846)
Average # of days on market: 132 (129)
Median price of all condos for sale in the city of Boston: $392,700 ($389,900)
Average price of all condos [...]





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