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Archive for December, 2009
From the Boston Business Journal:
A veteran Boston real estate player and an ex-banker colleague filed to establish a fund as big as $20 million to invest in the residential property market.
Kevin J. Ahearn, of Otis & Ahearn, filed the securities form with colleague Jonathan Schneider.
The minimum investment will be $250,000, the filing states. They’ve [...]
12/25/09 |
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From the Boston Globe:
For the first time in at least two decades, more US residents are moving to Massachusetts than moving out, a dramatic turnaround that has helped fuel the state’s sharpest population growth since 2001, according to new estimates from the US Census Bureau.
The increase, which was recorded from July 2008 to July 2009, [...]
12/25/09 |
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From the Boston Herald:
The decade began sweetly as sales of single-family homes and condominium set records. But it ended on sour note.
“We experienced a dramatic housing boom from 1999 through 2005,” said Harold Petersen, an economics professor at Boston College. “But the housing debacle has driven sales down to their lowest levels in years.”
While [...]
12/25/09 |
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Did you know, that NFL scouts take the decision-making skills of quarterbacks very seriously? The league requires that every player in the draft take the Wonderlic intelligence test, which is essentially a shorter version of the standard IQ test. The test is 12 minutes long and the questions get progressively harder as the test goes [...]
12/24/09 |
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This set of global data is updated in real time:
Current World Population
Births this year
Births today
Deaths this year
Deaths today
Net population growth for today
How cool is THAT ?
Click on this web site
12/24/09 |
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Tom Brady and Gisele are eyeing a mansion in Brookline as their new home, a gated antique just off of Route 9.
It’s currently owned by the former owner of KISS 108, who stands to make a pretty decent long-term profit on the sale, though it’s hard to know how much he sunk into the property [...]
12/23/09 |
2 Comments »
Sales of new homes tumbled across the nation by 11 percent in November.
The news comes a day after Banker & Tradesman reported positive single-family and condo numbers in Massachusetts in November.
Okay, we’re not comparing apples to apples – USA vs. Massachusetts, and new homes vs. existing homes/condos. But the national numbers do show that 1.) [...]
12/23/09 |
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Three real estate investors, two local mortgage brokers and a former local attorney have been indicted for allegedly using fraudulent documents to defraud homeowners and mortgage lenders in real estate transactions involving 26 distressed properties in Greater Boston.
From the Banker and Tradesman: Brown, Frank and Sweetland conspired with mortgage brokers Defeo and Arrington to [...]
12/23/09 |
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From today’s Boston Herald:
In Boston, condominium sales finally took off in November, but the city’s newest luxury projects were still left in the dust.
Citywide sales of condominiums reached 352 in November, up from 253 a year ago – a 39 percent increase – while the median price increased by nearly 2 percent to $325,000, according [...]
12/22/09 |
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From the Boston Herald: Gov Patrick has temporarily pulled his Milton house off the market after a $200,000 price cut and nearly six months on the Multiple Listing Service failed to attract a buyer.
Patrick spokesman Juan Martinez said the governor, who put his massive Colonial up for sale in June, took the place off the [...]
12/22/09 |
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