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Archive for January, 2007


Vancouver – what’s up with that?

Whoa. What’s going on in British Columbia?
The prices of Vancouver condos will continue to rise until 2010, says a report released yesterday.
After experiencing average price growth of 17.1 per cent in 2006, Vancouver condos will “rise about 6.2 per cent this year and average 4.4-per-cent annual growth through 2010,” said Genworth Financial Canada in [...]



We’re #3! (Massachusetts takes the Bronze)

The 2007 CFO State Tax Survey,the fifth since 1996 conducted by CFO Publishing, asked corporate tax officials about states’ handling of a number of tax issues, including the fairness of their audit department and the independence of their appeal process.
California was judged as having the worst overall tax environment, narrowly beating New Jersey for the [...]



What should I be?

Here’s a fun game.
I’ll post a photo and description of a commercial or retail property.
Then, we all try to think of interesting uses for it.
(Disclosure: These are listed by other real estate agents, who you may contact directly for more information)
First up, in the hot new HaWa District (er, maybe I have that wrong?):

Development potential. [...]



Boston real estate industry, 2007: Change.

So, apparently a lot of real estate agents are throwing in the towel, and dropping out of the business.
With home and condo sales in a deep freeze, the number of real estate brokers across the state is taking a dive.
The number of licensed real estate professionals has dropped by more than 1,300 over the past [...]



Foreclosures jump last year (from a reliable source)

Lots of people throw around statistics.
I am skeptical of most of them (the statistics, not the people).
Regarding foreclosures, I’ve never trusted the data put out by ForeclosuresMass.com; I’m sorry, but I’ve just been skeptical of them. I haven’t been able to figure out exactly how they calculate their numbers, and I think they double [...]



Bay State residents want casinos … but, where?

So, apparently everyone wants to gamble:
Survey results released Monday find a majority of Massachusetts residents approve the authorization of casino gambling in the state.
The poll, conducted by the Center for Policy Analysis at the University of Massachusetts Dartmouth, found 57 percent of respondents support the authorization of a resort casino, 30 percent are opposed and [...]



Construction of Broadluxe condo project stops

It appears as though construction at the new Broadluxe development has stopped.
Financial troubles have shut down construction of the 44-unit Broadluxe condominium project on the edge of Boston’s Financial District for the past two weeks, setting the developer back in a time of market uncertainty.
The project, located at 99-105 Broad St. near the future Rose [...]



I must protest … big homes aren’t all bad

Beverly Beckham is a Boston Globe columnist who usually only writes about friends and family who have died. People seem to love her articles, as they are always among the top-emailed, on boston.com. (More, here.)
Today, however, she laments the changes going on around her, in America.
My parents wouldn’t make it today — [...]



State Senator proposes a plan … is it just more Fluff®?

So … here’s an idea …
State Senator Brian A. Joyce, a Milton Democrat, this month filed legislation that would provide any graduate of a Bay State college $10,000 for a down payment on a house or condo. Joyce hopes the payment would soften the blow from the high cost of living and might persuade some [...]



Weekly Boston Real Estate Sales and Listings Update, January 27, 2007

The following information is from the local MLS database, as of January 20, 2007, compared to (last week).
Total # of condos for sale in the city of Boston: 2,010 (2,022)
Average # of days on market: 147 (145)
Median price of all condos for sale in the city of Boston: $399,000 ($399,000)
Average price of all condos for [...]





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