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Archive for December, 2009
I have an exclusive apartment building for sale in Beacon Hill. I’m giving Boston Real Estate Blog readers the first shot at purchasing this building before I put it on MLS. For information on the building, please call me on my cell phone at 617-595-3712.
12/28/09 |
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From the Wall Street Journal Blog:
Will the housing market finally be taken off Uncle Sam’s life-support service in 2010?
Don’t count on it.
Jaret Seiberg, a managing director at Concept Capital, a research firm in Washington, says the odds favor yet another extension of tax credits for home buyers. Those credits initially were set to expire Nov. [...]
12/28/09 |
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Boston’s WBUR ran an interview this morning with local housing expert Karl “Chip” Case, who’s sounding a bit more chipper about the housing market these days.
He’s not predicting a boom year in 2010. Far from it. He’s still quite cautious. But he said the market recently has taken the “first step back” from recent turmoil.
Case’s [...]
12/28/09 |
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From Dina ElBoghdady at the Washington Post: Freddie sees mortgage rates hitting 6% in 2010
The average rate on a 30-year, fixed-rate mortgage rose to 5.05 percent this week and could climb to 6 percent by the end of 2010, if not sooner, according to giant mortgage financier Freddie Mac
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The key catalyst for interest rates [...]
12/27/09 |
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The following excerpts are from the MA Association of Realtors:
The condominium market saw November inventory decrease by 14 percent from last year (11,983 listings in 2008 to 10,313 listings in 2009), which translates into 6.5 months of supply, which is down from 13.2 months in November 2008 and down from 7.3 months this past October. [...]
12/26/09 |
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May all the young ones this morning be as happy as these two kids.
We tried to find a video of kids opening a Christmas present to find a Red Ryder BB Gun. All we could find was a boy getting one on his birthday. But the effect is the same: Pure joy.
From everyone at [...]
12/25/09 |
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