Lou Barnes says we should (still) be concerned about a tight credit market and that the Fed’s doing darn good (he’s of the minority view on that one, I think). One thing he doesn’t want to happen? Bailouts, handouts, and deficit spending. The Fed is playing a very dangerous game exceptionally well. Inflation is under [...]

Comment from a buyer who has a unit under agreement at NorthPoint, which is apparently promising closings beginning 3 June. Comment by Dennis | 05/27/08 at 1:01 pm My email address – BOS40@comcast.net. I would like to contact other Northpoint investors so we can keep each other informed. Dennis.

I’m away on vacation until 3 June.

The following information is from the local MLS database, as of May 24, 2008, compared to (May 17, 2008) (and May 19, 2007 – where available). Total # of condos for sale in the city of Boston: 2,537 (2,575) (2,700) Average # of days on market: 120 (117) (110) Number of condos sold (closed) over [...]

MassHousing is holding a “home-buying” fair, May 30, in different towns across the Commonwealth. Boston’s will be held at the Hynes. The idea is, you go to the fair to learn more about taking out a loan. You can meet-up with some lenders. Then, the next day, you go out to a bunch of open [...]

The Boston Business Journal is reporting that 1330 Boylston is on schedule for an August completion date and the developer says 10% of the apartment units have signed leases, ahead of schedule.

The Wall Street Journal ran a story recently where it was reported that prices on Beacon Hill had dropped, perhaps by “as much as 33%”. (“As much as?” Does that mean it might be considerably less? Shouldn’t the reporter have finished the statement … “as much as 33%, or as little as 3%.”) Here’s the [...]

Anyone been involved in a situation where you competed with another buyer (or buyers) for the same property, and lost out either because you wouldn’t go as high as the competition, or the competition went above asking or removed all contingencies? Any sellers have to deal with this? What happened, what did you think, and [...]

UPDATE: To read a more recent blog entry about the DNA Lofts, go here. If you are interested in this project and would like to schedule an appointment to see it, please contact me so we can discuss my services as a buyer’s agent. DNA Lofts at 944 Dorchester Ave., a truly unique conversion of [...]

Five contiguous buildings in Boston’s Ladder District have hit the block, according to the Boston Business Journal: A quintet of buildings encompassing an entire city block is being put up for sale, industry sources are telling GlobeSt.com. Totaling 150,000 sf of existing space, the assets are headlined by the 101 Tremont St. office building, but [...]