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Archive for June, 2009
Yep, every week I read an article how the housing market is showing renewed signs of life, so why should this week be any different. From the Boston Herald.
Harvard University housing experts don’t know when the U.S. real estate market will bottom out, but say some positive signs are emerging.
“While it is too soon to [...]
06/22/09 |
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Cities and towns across the state are waiting anxiously for the federal government to turn on the spigot to let $100 million in stimulus money aimed at creating thousands of construction jobs and 1,500 housing units start gushing into the Bay State’s parched economy.
Affordable housing developers are eager to apply for the $110 million in [...]
06/21/09 |
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This video tells the story of the housing crisis from a point of view that’s often ignored: children having to say goodbye. And in this story, they’re not just saying goodbye to friends because their parents lost a home, which is bad enough in itself.
View the video: The silent voices in the housing bust: [...]
06/21/09 |
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Look closely at some of the hottest housing markets in the nation right now and you’ll find many of the homebuyers driving up the sales figures are real estate investors.
They bought one out of every five homes last year, according to the National Association of Realtors. And many are snapping up deeply discounted foreclosed [...]
06/21/09 |
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Real estate may be showing signs of a turnaround in many local markets but the nation’s largest mortgage players continue to ratchet up their underwriting rules, making home purchases more difficult for some buyers.
Mortgage giant Fannie Mae, for example, issued a laundry list of tougher policies June 8 that could directly affect thousands of buyers [...]
06/21/09 |
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According to MLS the number of Boston condos that sold from 1/1/09 – 6/21/09 – 1262
The number of Boston condos that sold from 1/1/08 – 6/21/08 – 1703.
Looking to buy a Boston condo
06/21/09 |
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Well today, I visited the Boston South End “luxury condos” at 1850. My first impression – “Cheap Looking.” That’s the bad news, now let me tell you the good news. If you want to buy one of their Boston South End auction condo lofts at min. asking price, I think it’s a good deal. But [...]
06/20/09 |
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Once U.S. house prices start recovering, how long will it take to return to the peaks of a few years ago?
A new study from the Federal Housing Finance Agency suggests that we shouldn’t be holding our breath.
The study by the FHFA, the agency that regulates government-backed mortgage companies Fannie Mae and Freddie Mac, looks at [...]
06/20/09 |
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