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Archive for the 'Everything to do with real estate' category

Feds to crack down on reverse mortgages

The Federal Housing Administration plans to impose new restrictions on reverse mortgages starting next year (i.e. tomorrow). The move will put a small crimp in the sales of homes by seniors, but it won’t really impact the overall housing inventory, as far as we can tell. Remember: Most reverse mortgages, by design, are structured to […]

A day made of glass

The clip below shows how technology will change our homes, workpace and how we shop. Google Glasses… Continue reading

Score one for the bricklayers

Deutsche Bank has agreed to settle a housing-investment dispute that involves, of local interest, the Massachusetts Bricklayers and Masons Trust Fund. Basically, the plaintiffs accused Deutsche Bank of lying about the quality of mortgages stuffed  into massive securities products. Can you believe it? A giant financial institution accused of lying to investors? Anyway, it looks […]

Condo buyer wants out after S&M disclosure

This sounds like an “only in San Francisco” story if I ever heard one. A San Francisco man who paid $621,000 for a condo to share with his 10-year old son is fighting to rescind the deal after learning the other unit in the two-unit building is home to sadomasochism enthusiast who engages in loud […]

March housing numbers are not good

Preliminary data for March home sales and prices are not very encouraging. But a prominent housing economist, Karl Case, thinks it’s time to to give more credence to month-to-month comparisons, rather than year-to-year comparisons, because of how last year’s numbers are distorted by the housing tax credit. Seen from the month-to-month perspective, the market is […]

Business quote of the day

Every day I get up and look through the Forbes list of the richest people in America. If I’m not there, I go to work. ~Robert Orben… Continue reading

Can a computer do your job. Good luck college grads

Last week I blogged about how technology is replacing retail jobs. Today, Paul Krugman took it a step further on how technology is replacing college eduacted jobs. The day after the Obama-Bush event, The Times published an article about the growing use of software to perform legal research. Computers, it turns Continue reading

Real Estate: Quote of the day

“Very little is written about what will happen when all the dollars, built up as foreign central bank and private holdings, get spent. Indeed, we believe that not only will the dollars get spent, but this spending will have massive inflationary implications for America.” —Richard Branson… Continue reading | 3 Comments

Amercian jobs & the Boston real estate market

As I have stated many times before on this Boston real estate blog, look at the job market as one major (not the only) indicator on forecasting the real estate sales market. Click on the visual video below. The total number of  jobs in America fell by nearly two million over the past decade. That […]

Thoughts on the economy

Here is the video of Professors Paul Krugman and Martin Feldstein (former Reagan advisor and NBER president), and Jan Hatzius, chief economist of Goldman Sachs: The Economic Policy Institute conference on October 5, 2010 File Under:  A group of very pessimistic guys… Continue reading

Let's talk Boston real estate. The most recent real estate comments

  • christian louboutin discount shoes sale, Samuels wins right to build 30-story Back Bay complex: ...
  • James, Boston condo owners: Risk of using Airbnb: Just to be clear you’re posting a fear mongering piece, but...
  • Julieta, Affordable housing opportunity in the Fenway: Really? then point out specifically where my cmnoemts are...
  • Rene, Is the housing recovery weaker than it appears?: Give it back to the bank. If your State is a non-recourse...
  • Reyna, Daisy Buchanan’s in Back Bay facing foreclosure: Benjamin: in defense of Vangel, I think the aruemgnt can be...
  • Talene, Which direction will Boston rents go?: I have witnessed that smart real etsate agents just about everywhere...
  • Anna, Well, at least Boston isn’t Los Angeles: Your credit will tank but not as bad as a frrlceosuoe. You need...
  • Tyler Mills, Lenders go into overdrive to clear out backlog of delinquent mortgages: Instead of forcing out the...
  • Tyler Mills, Lack of housing inventory is getting ridiculous in Boston: Though inventory being down is really...
  • warren currier, ‘Boston’s faux housing boom’: Scott, Do you own any units in Boston? Supply /...
  • Nishant, Major Developers: Affordable homes can only be built outside downtown Boston: Yes, this is correct that...
  • warren currier, Done deal: Dr. Dre buys Tom and Gisele’s mansion for $40M: The property is located in LosAngeles,...
  • JS, Despite predictions, inventory of homes for sale continues to fall in Mass.: One thing that could be holding...
  • dcmhomebuyers, For 74 Beacon Street, it was the kitchen, stupid: Nice house. I think front section to location of...
  • Johnd478, Five signs you’re a ‘renter for life’: I just couldnt depart your site prior to...
  • Dionis Padron, Downtown condo prices now averaging near $1 million each: great article but prices for standalone...
  • John Ford, Charles Ponzi’s old Lexington home for sale at $3.3M: That’s a great idea. Anyone have an idea how...
  • Rich, Charles Ponzi’s old Lexington home for sale at $3.3M: Speaking of Mr. Ponzi, he ran his Ponzi scheme out of an...
  • amparo bracero, Big changes in store for Tremont Street?: I will love to comunicated my self with aida I was one of...
  • warren currier, Low mortgage rates may partly explain low inventory: The banks are making it very hard to get a loan....

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