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Archive for the 'Massachusetts real estate' category


Realtors express ‘caution but optimism’ about housing market

From the Fed’s latest Beige Book report, with our bold emphasis added: Realtors in the First District express caution but optimism about the mixed sales results that continued in the region in February. Year-over-year sales of single family homes decreased in Rhode Island, Massachusetts, and Connecticut, and increased in Maine and Vermont. (Contacts in New [...]



Yes, we’re in a housing market ‘bubble’ in Boston

It’s probably official now: So-called “escalation clauses” are back in the Boston area, last seen here about 10 years ago during the run-up to the previous peak prices around 2005. What are “escalation clauses”? They’re a little-used negotiating tactic deployed as a sort of last resort during multiple-bid situations, i.e. in a hot housing market [...]



The haves and have-not towns in Massachusetts

The Globe had an real-estate story yesterday pointing out the differences between the core Boston metropolitan area’s housing market vs. places outside Route 128. The core area is incredibly hot, exacerbated by extremely tight inventories of homes for sale. It’s so tight, that 30 communities now have median home prices sometimes well above their pre-recession [...]



‘What went wrong in Quincy’

The BBJ has a blow-by-blow account of how the huge redevelopment of Quincy Center came about — and how it unraveled. It’s probably the biggest private-public partnership boondoggle in a while. File: Get out the popcorn



Those inventory blues …

The Warren Group is confirming the continued fall in single-family home sales last month — with the main culprit being inventory and lack thereof. “This modest drop in sales was caused by the same lack of inventory that has plagued the market for months,” said Timothy M. Warren Jr., CEO of The Warren Group. “These [...]



February’s Mass. housing numbers: Single-family sales down, prices up

From the Massachusetts Association of Realtors: WALTHAM, Mass. – March 25, 2014 – The Massachusetts Association of REALTORS® (MAR) reported today that while home prices continued to increase in February, closed sales were down from the same time last year. Condominium sales and prices were both up in February. “Even with the continued increase in [...]



Millions of renters want to buy but …

Renters want to buy homes this year — and that sounds like good news for the housing market here and elsewhere. But a Zillow survey says renters probably won’t buy homes this year because of low inventory, soaring prices and strict lending rules — and so it sounds like more of the same for the [...]



It’s official: Quincy’s massive downtown project is kaput

OK, normally we wouldn’t write so much about Quincy. But this is big: The developer of Quincy’s massive downtown redevelopment project is pulling out. That, in turn, is forcing the city to completely reassess how to go about finishing the project. They’re talking of breaking it up into more manageable sections. Well, that’s a first [...]



Neighbor from Hell … or Little House of (Pet) Horror?

They’re not going to be selling this Lynnfield home anytime soon: From the outside, it is a fairly nondescript single-family house, two stories of fading red siding on a busy street, with a lawn that could use a little love. But inside, police responding to a medical emergency found a horrifying secret, one of the [...]



A lot of homeowners are still deep under water in Massachusetts

Here’s a slide show of towns with the most and least number of homes under water, or when mortgages are higher than the current home values. Not too many surprises in the “least” category (Wellesley has the lowest under water homes at 2.4 percent). In the “worst” category, the top one is also not too [...]



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

  • 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....
  • Kiki, ‘Our biggest impediment’: Inventory: A quick maybe unrelated question. What’s a typical or...
  • JS, Hey, let’s tear down most of downtown Boston for the Olympics: I agree, and I resent the commission describing us...
  • PROPERTY MANAGEMENT COMPANIES in Carlsbad CA, ‘Our biggest impediment’: Inventory: good blog
  • Phoenix property management, Blog: As you may have noticed I am having problems with the comment section of the blog....
  • Phoenix property management, Get your very own ‘mushroom house’: Good post. i like it so much.
  • Phoenix property management, Get your very own ‘mushroom house’: Good post. I like it
  • PROPERTY MANAGEMENT COMPANIES in Carlsbad CA, California dreamin’ on such a winter’s day …: Good post...
  • Borris C., ‘Friendly competition’ keeps Seaport rents as high as possible: Sounds like good old-fashioned collusion...
  • Matthew Mowell, Boston’s glut of new luxury apartments may bring down rents – and banks with them : One reason why...
  • greent, Boston Condos Sunday Open Houses: The editorial team unmistakably thanks ea and ea and occasionally every
  • Anumaneitaka, NAR job posting – needed: economist, spokesman, human punching bag: Вас не отпускают с работы? Не...
  • PROPERTY MANAGEMENT Oceanside CA, Blog: Thanka
  • warren currier, Chinese homebuyers are snapping up properties in … Detroit?: Don’t taunt them...
  • warren currier, Chinese homebuyers are snapping up properties in … Detroit?: Re Boston: If you venture out to...
  • anon, Five signs you’re a ‘renter for life’: Or you could very well understand finances and the...
  • anon, Return of low down-payment mortgages: Brilliant! Just keep lending more for less and prices must keep rising....

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