Cindy Stumpo (shown above), a Boston developer, is at the center of HGTV’s new series “Tough as Nails.” Here’s an excerpt from The New York Times regarding the new real estate development show on HGTV:
HGTV calls “Tough as Nails,” which begins on Thursday, a docudrama, but it looks more like a docu-telenovela, a weekly series [...]

According to an article from the Washington Post, our beloved congressman, Barney Frank, gave “special consideration” of TARP funds to a MA based bank — and that bank has now defaulted on FOUR TARP dividend payments.
Barney, say it ain’t so:
Thirteen banks have now missed four dividend payments, including OneUnited Bank of Massachusetts, which got government [...]

I just read this scandalous blog post at Sellsius.com regarding which profession cheats the most as a married couple. According to a survey of 1.9 members by the “world’s #1 Married Dating service for ATTACHED men and women”, AshleyMadison.com, these are the highest cheaters. Real estate agents make the cut for women and men. Oh, [...]

Alana Semuels at the LA Times has an interesting article on how more individuals are opting to walk-away from their mortgages:

Joseph Shull, a 68-year-old marketing professor, said he’s planning to walk away from the town house he bought in Moorpark in June 2006.
“I’m angry, and there are a lot of people like me who are [...]

The first St. Patrick’s Day celebration in America was in 1737 hosted by the Charitable Irish Society of Boston. The second was established in 1780 by the Friendly Sons of St. Patrick in Philadelphia.
The Harp is the official Emblem of Ireland, not the Shamrock. The handheld Harp was played by our Celtic Forefathers.
Over 40% of [...]

Here we go again. Manny Ramirez once again put his Boston Ritz Carlton condo back on the market. This time he listed his property for $7,900,000.
According to MLS:
2002 – Manny first listed his condo for $8.9mil.
2005 – Was placed back on the market for $6.9mil.
2009 – Re-listed for $8.5mil.
2009 – Taken off the market and [...]

Boston Metro has a positive story this morning on the Back Bay market:
Boston real estate brokers are saying the Back Bay market is “on fire,” with 69 sales since January with an average price of $1.4 million. “Many buyers feel the recession is ancient history,” says John Ford, owner of Ford Realty on Charles and [...]

There’s a great article in today’s Business Week, headlined Housing Real-Estate Recovery Signaled as Fed Unwinds (Update1):
Here are the key points that can be used to motivate a buyer …
•“I would bet even odds that we’re at a bottom and that we’re going to see improvement in the coming months,” said Karl Case, co-creator [...]

Banker & Tradesman reported today that foreclosure prevention counselors have been noting in recent months that the problem has now spread to more affluent nabes.
A quick check at some of the foreclosure auctions that have taken place in the last year throughout the Bay State shows there has been a spike in the number [...]

Paul Jackson has an interesting post at HousingWire headlined, Housing Recovery is Spelled R-E-O:
Using LPS data, for all loans more than 90 days in arrears, the average days delinquent is now at 272 days—up from 204 days in early 2008. For loans in foreclosure, the aging numbers are even more staggering: loans in this [...]