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Archive for the 'Boston real estate - buying a home' categoryForbes: Boston renters should now buyIf you are a Boston apartment renter you may find this week’s Forbes magazine of interest. Forbes on 10 cities to go from renting to buying: Home Buyer Tax Credit – Can We Afford It?One of the more interesting numbers to come out yesterday was the cost per marginal homeowner of the $8000 first time homebuyer tax credit. It’s a rather astounding $43,000 per new homeowner. That’s what it costs to lure those that wouldn’t have bought into the housing market. Mortgage Apps Down, AgainClick here for a larger version It’s a bad time to be an honest mortgage brokerAfter all the mortgage fraud, foreclosures and Countrywide did you know that if you go to a mortgage broker he is not bound to work in the best interests of the Borrower? It’s is hard to believe but there you have it. Senator Schuemer of New York has for several years tried make [...] Over dinner last night…..Having dinner with a close friend who works for one of the bigger national banks, I asked him the question, Are buyers waiting for lower interest rates?It’s funny how the press works. Someone comes up with a new story arc, suddenly you read about in every newspaper, suddenly everyone’s talking about it, then it disappears. How to save 10-20% off the price of a brand-new condoWhen’s the best time to make an offer on a home? |