Hmmm.
I was surprised to find in my Inbox the other morning a job posting for the Director of Boston’s Department of Neighborhood Development.
I believe this position is currently held by Charlotte Golar Richie. She does a dynamite job.
I didn’t realize she was leaving.
Hopefully, she’s doing so to prepare for a run for Mayor of [...]

The following information is from the local MLS database, as of October 27, 2007, compared to (October 20, 2007).
Total # of condos for sale in the city of Boston: 2,457 (2,480)
Average # of days on market: 129 (128)
Median price of all condos for sale in the city of Boston: $389,000 ($389,000)
Average price of all condos [...]

A lot of people greet press releases published by the National Association of Realtors with a good dose of skepticism.
Which they should! We’ve all seen their rosy forecasts, month after month. Often, it seems as though they have no grasp on reality.
I mostly agree – their forecasts seem to be off, and they [...]

Interesting concept.
If you already own and are thinking of trading up, a bad real estate market is good for you.
At least that’s what agent Rona Fischman thinks.
Suppose you own a condo that is worth $400,000 today, and want to buy a house that is worth $650,000 (spending $250,000 more.) Suppose, both markets were depressed equally [...]

Looks as though they’re trying to stimulate sales over at the D4 condo project, in the South End.
At least three units have had price resets over the past couple of days – one unit dropped over $100,000.
MLSPIN shows twelve units having closed, already, for prices between $650,000 and $1.6 million. Almost all of them [...]

It seems as though they’re making good progress in putting units under agreement, up at the Ocean Club development, on Revere Beach.
Pre-sales started last summer, 2006. The sales office is putting 4-6 units under agreement, each month. Impressive. Especially since the units are priced in the $500-$700 per square foot range!
Ocean Club [...]

There’s a Globe editorial out today criticizing subprime lenders (you know, the guys who did the unthinkable – allowing Americans to buy their own homes!).
Mortgage originators who specialize in subprime loans are the buffalo hunters of the financial services industry. They aren’t queasy about tactics, and they rarely seem concerned about the havoc they leave [...]

About a dozen a people a day visit my site after searching on “HarborView auctions” or similar terms.
To clarify, the auction to be held November 11 is for the entire building, not for individual units.
Do not show up expecting to buy yourself a new home.
Unless you’re in the market for an apartment building.

I am not able to think clearly enough to write something that makes sense, but if you’ve been following the Chapter 91 issue, this is good news, indeed.
Basically, there is a regulation in Massachusetts that any development in or near tidelands is subject to an additional environmental review.
Earlier this year, the Supreme Judicial Court decided [...]

Sorry for the lack of posts, I was up at the BI having my deviant-ed septum un-devianted, today.
Tomorrow I’ll be back on track.
My new MLS search engine should be ready tomorrow, as well. It’s much better than what you are using, currently.