Here are just a few thoughts and questions for my blog readers. 1. If you put your money into the stock market, are you investing in the fundamentals of a company or are you betting on what the govt will do? 2. Should we nationalize banks? 3. Is the Administration winging it? 4. Do agree [...]

Click here to read about the Homeowner Affordability and Stability Program

Comparing the first 45 days of ’08 with ’09, JP sales are down 50%. From 1/1/08 – 2/15/08 JP had 30 sales according to MLS (condos, single-family and multi-family) for the same period in ’09 it was down to a total of 15 sales. The large drop could be beacuse buyers were waiting to hear [...]

The Curious Case of Benjamin Button movie tells the story of Benjamin Button, a man who starts aging backwards with bizarre consequences. The film has been nominated for 13 Oscars. If you’ve seen the movie, you surely remember the home that Benjamin grew up in and first met Daisy. Well, if you are in the [...]

21 Aberdeen St U:C $170,000 $182,000 21 Aberdeen St U:B $179,000 $165,000 118 Riverway U:5 $199,000 $205,000 63 Burbank St U:18 $199,900 $187,500 464 Commonwealth Ave. U:47 $219,000 $212,500 69 Park Drive U:5 $249,000 $235,000 35 Symphony Rd U:C $369,900 $352,500 79 Gainsborough St U:204 $379,000 $369,500 2009 -Avg. Sale Price: $238,625 (1-1-09 – 2-15-09) [...]

Here’s some good news for those looking to buy a Boston condo. For several months Boston condo sales inventory has been hovering around 1,595 – 1,650 but today we crossed over the 1,700 mark. Boston condo sales inventory reached 1,705 today according to MLS. Why do you think Boston condo inventory is on the rise? [...]

Homeowner Confidence Survey National Survey Homeowner Confidence vs. Actual Home Value Change National Survey results: • My Home’s Value Has Increased Over Past Year: 25% • My Home’s Value Has Decreased Over Past Year: 57% • My Home’s Value Has Stayed the Same Over Past Year: 18% Actual U.S. Home Values (according to Zillow data): [...]

According to CNN 1 out of every 466 homeowners received a foreclosure notice. So will President Obama’s new mortgage economic plan work? Also known as MObamanomics.

Here are a few real estate quotes I have heard over the years. * “Never feel sorry for your tenants, because they never feel sorry for you.” * “You want to rent at what price? Why don’t you butter my butt and call me a biscuit.” * “If you think nobody cares about you, try [...]

The Calvary White House to the rescue to unveil its proposal to help nine million American households with their mortgage troubles. What’s it about? The government has put out a great series of fact sheets and explainers here.