5th Place – 413-415 Commonwealth Ave. – Price $1,825,000.00 Days on the market – 876 4th Place – 150 Dorchester Ave. #403 – $469,000 Days on the market – 923 3rd Place – 5140 Washington St #39 – $149,000 Days on the market – 963 2nd Place – 48 Commonwealth Ave. – $3,595,000 Days on [...]

The worst seems to be over, President Obama’s budget director said yesterday. But he warned against taking signs of economic recovery as a reason to celebrate or delay changes in health care policy. Peter Orszag said the nation’s economy appears to have bottomed out, even as the White House prepared to revise its budget projections [...]

I don’t know if anybody told you this, but the housing market fallout is about over. Oh! and so is the recession. The CEO of online broker ZipRealty, Pat Lashinksy told ABC News “We’re hitting some trends that show that we may be approaching a bottom, or we may be at a bottom right now.” [...]

HUD Secretary Says Use of Tax Credit for Downpayment May Come Soon. Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, said that the Federal Housing Administration is going to permit its lenders to allow homeowners to use the $8,000 tax credit as a downpayment. Secretary Donovan said that important changes, which [...]

The folks at Business Week have come out with a story titled… “Want to Sell Your Home? Lower the price.” Below is a link to the story, but in the story you’ll also find a list of cities with the most discounted homes… 1. Scottsdale, AZ 2. Tampa, FL 3. St. Paul, MN 4. LA [...]

Between the months of May through September is the peak of the apartment rental season. My prediction, I think this season rents will be decreasing and more and more landlords will be picking up the rental fees. Here are a few reasons why I think rents are heading south: I feel less and less young [...]

Greg, asked me a question. Why do I think that South Boston condo prices per sq. ft. have gone down in the last several years? My answer may come across simplistic. But here it is. I think the reason prices per sq. ft. are coming down in South Boston is because South Boston was is [...]

I just had a conversation with a real estate agent who just listed a property as “entry only” listing on MLS. This agent thinks that “entry only” MLS listings will be on the rise in the near future. An “entry only” listing is when an agent lists a property on MLS for a minimum charge [...]

Over the weekend, I picked up an issue of Time Magazine and there was an article that cought my eye entitled House-Swapping The phenomena of home swapping, while nothing new, is gaining increased attention as frustrated home sellers look for more ways of finding buyers. Today, there are a number of Web sites that specialize [...]