Well lets see, last August, Mr Greenpsan was predicting that real estate (home prices) would “likely start to stabilize or touch bottom sometime in the first half of 2009.” He now says that day will arrive three to six months latter than he anticipated. I’ll keep you posted on the outcome of his newest [...]

Coldwell Banker operations in four New England states were fined $66,700 by the U.S. Environmental Protection Agency for violations of lead paint disclosure rules.
Read More: Boston Business Journal

Tonight, I bought a hardcover book at Borders Bookstore in Downtown Crossing. Yes, I know I’m old fashion, I still buy my books at bookstores. But I must confess that I enjoyed the opening sentence of my new businesss book.
Ken Blanchard once described life as a game of Monopoly-no matter how many properties we buy [...]

MASSACHUSETTS (WPRI) – A record number of families are being put up in motels in Massachusetts. High unemployment and the rising number of home foreclosures is the reason the state is taking this action.
Housing Massachusetts’ homeless is costing tax payers around $2 million per month. It costs an average of $85 per night to have [...]

It’s not working. The Bush-Obama strategy of throwing trillions at the banks to solve the mortgage crisis is a huge bust. The financial moguls, while tickled pink to have $1.25 trillion in toxic assets covered by the feds, along with hundreds of billions in direct handouts, are not using that money to turn around the [...]

The Bay State’s desperate housing market delivered more bad news last month as sales of single-family homes fell to their lowest level for May in nearly two decades.
Last month, 3,256 single-family homes were sold, down about 13 percent from 3,749 a year earlier, according to a new report from the Warren Group, publisher of Banker [...]

The bad news has been the worst economic recession since the 1930s. The good news is the housing market has been showing some signs of leading the nation out of that recession.
The uncertainty, though, lies in predicting the timing, speed and depth of a housing recovery that hinges on the reversal of so many variables—including [...]

The National Association of Realtors says sales of previously owned homes rose 2.4 percent last month. Falling prices and increasing foreclosures are likely the reasons for the jump — the median home price fell 17 percent last month while foreclosure filings surpassed 300,000.
Tax breaks for first-time buyers are also helping out the market. Of [...]