Scott Van Voorhis has an interesting article in today’s Boston Courant: Collateral May Be Weak In City’s Loan to W. The following are a few excerpts from the article: All that stands between City Hall and losing millions in the wake of the bankruptcy filing by the owner of the new W Boston Hotel and [...]

A new study by portfolio.com/bizjournals.com found Boston to be the No.3 “Fun City” in the nation. Our number one rival, NYC, was ranked #1. Northern cities topped the rankings of most fun U.S. cities: 1. New York City 2. Chicago 3. Boston 4. Miami 5. Los Angeles 6. San Francisco 7. Seattle 8. Portland Maine [...]

This morning, I came across an interesting Massachusetts law blog regarding questions you or your broker should always ask before buying a Boston condo. If you’re in the market to purchase a condominium I would encourage to click on the link.

Americans spend twice as much time shopping for cars than they do for home loans, Zillow.com reported yesterday. An online survey of 2,729 adults commissioned by Zillow found that on average they spent five hours choosing a mortgage, compared with 10 hours for a car and four hours for a computer. Nearly a third of [...]

The Massachusetts Senate has introduced new legislation to establish specific reverse mortgage requirements for borrowers and lenders. This will protect elderly individuals who were at risk from questionable lenders. File Under: Long overdue.

The Audubon marketing team at 16 Miner Street will be auctioning off 25 luxury Boston condos.The units are listed on the Audubon Auction website which has a one-bedroom condos starting with a min bid of $225,000 and a two-bed, two-bath luxury condos with a min bid of $325,000. The Audubon sales team is oggering to [...]

Actually, how to think about buying a house. From Seth Godin’s blog: “You don’t see a lot of ads trying to sell you on spending too much money on a house. It’s more subtle than that. The marketing is all around us, and has been for years. The enormous social pressure and the expectations that [...]

Just in case you’re looking for the major media outlet links. Here they are: The Boston Globe: W Boston hotel, condos file for bankruptcy The Boston Herald: W Hotel Boston developer files for bankruptcy The Boston Business Journal: Boston’s W Hotel seeks Ch. 11

The developer of the 235-room, 28-story W Hotel has filed for bankruptcy. The developer, SW Boston Hotel Venure LLC, listed liabilities of between $100 million and $500 million. Today news first broke around 6:00 p.m. with a tweet by Boston Globe business page editor Shirley Leung in a post on Twitter. A quick search found [...]

Boston Massachusetts Mortgage Rate Update is a resource for potential Homeowners and current Mortgage Borrowers to understand what economic data is relevant and what the situation is with mortgage Interest Rates. Brian Cav will provide a opinion as to whether you should lock or float your Home Mortgage.