Mortgage trend poses risks in downturn My blog might just have to become a “bubble-free” blog if I have to keep reading stories like this one, that appeared in today’s Boston Globe. The issue I have isn’t that people are talking about inflated...
Updated 10/5/17 When the Numbers Don’t Match Whoa. Appraisers have been criticized for saying homes are worth more than they really are, but this is the first time I’ve read where they are being criticized for saying homes aren’t worth what they are being...
Boston condo prices average $572,000 Condo sales defied common expectations, as prices increased during the first quarter, 2005. (Number of sales increased, as well, from 304 units to 366 units – the South End had 155 sales, 2004, 148 sales, 2005; Back Bay had...
Massachusetts home sales drop more than 10% as condos stay hot AHHHHH!!!!!! Boston Business Journal A 10.4 percent drop in the number of single-family homes sold in April could be the first sign of moderation in the hot Massachusetts real estate market. While home...
154 Attorney Street, New York, NY The above is a wonderful building currently under construction on the lower East Side of Manhattan. Here are the details, via Curbed, in turn via Prudential Douglas Elliman’s Rob Gross, who’s handling the marketing (I...
Boston Globe: Are declining long-term interest rates in our best interest? The Boston Globe has an article in this Sunday’s business section about why long-term interest rates have stayed low for so long. The article is written by Charles Stein. His theories on...