From David Streitfeld at the NY Times: Home Prices Slid in December in Most U.S. Cities, Index Shows
Mr. Shiller, noting the unrest in the Middle East, a large backlog of foreclosed houses, the uncertain future of the mortgage holding companies Fannie Mae and Freddie Mac, and proposals to reduce the mortgage tax deduction, saw “a [...]

Over the years there have been Boston mortgage brokers and Boston mortgage bankers that my clients have used to obtain financing for a Boston condo. The difference between the two: mortgage bankers are direct lenders and if you walked into your bank and obtained a mortgage you would have worked with a mortgage banker. A [...]

The New York Times has an article called, “Blogs Wane as the Young Drift to Sites Like Twitter.”
So here’s my question to you. Do you think that social media (Twitter) updates will replace real estate blogs? Share your thoughts. Would Twitter and Facebook updates be more enticing for you to read instead of more lengthy real [...]

Massachusetts single-family home sales rose in January 2011 compared to a year ago, by about 5 percent, the best January for home sales in four years. Condo sales, according to Warren Group January data, have fallen off a cliff — down 18.5% from a year earlier.
The Warren Group’s data, as reported in the Boston Globe, [...]

The Boston Herald has an article today that talks about “scaled back” plans for rooftop seating at Jerry Remy’s Sports Bar & Grill in the Fenway. The first time Remy’s floated the idea it got shot down pretty quickly — mainly because local groups and pols don’t like the idea of rooftop “beer corrals.” But [...]

Inventory condos and single-family homes
The Massachusetts Association of  Realtors reported that the inventory of condos on the market in January went down 5.0% compared to the year before (9,386 listings in 2010 to 8,945 listings in 2011), however, this still amounts  into 11.1 months of supply, which is the same as January 2010 and up from 7.3 [...]

If you want to search for Boston condos for sale on the multiple listing service here in Boston or the Massachusetts area, please click the link below. This link includes condos and townhouses listed for sale by all brokerages here in Boston. You can change the criteria and search for other areas, price ranges, you [...]

This Post will talk about the upcoming weeks Economic Data and how it will affect current Mortgage Rates

Some good news for the Boston W luxury condo development. According to MLS six luxury condos are presently under agreement, almost all of them are scheduled to close on March 2011. The following Boston W luxury condos are under agreement, listed from the highest list price to the lowest list price.
1) PH2 – Asking price $4,550,000.00. [...]

A real estate firm is being sued for the breach of contract after a court ruled that a contract was formed via an email.  In an email, a real estate broker granted a potential buyer a first right of refusal on piece of property.  When it was sold to another buyer for $2 million more, the first buyer filed [...]