According to Kiplinger’s, sellers are in rough waters, right now. Their best example? The poor sap in this story who couldn’t sell his Boston condo, for three and a half months (can you imagine it???), this past year. Passengers on the Poseidon...
According to the Globe: Former Red Sox shortstop Edgar Renteria’s 1,504-square-foot penthouse condo at the Ritz Towers was sold to Amy J. Mercier and John J. Morgan for $1.599 million. Renteria, who now patrols the infield for the Atlanta Braves, bought the...
Everyone and his uncle thinks he knows what’s going on with the real estate market. At least half of those people are wrong. My best guess is that, over the coming year, or years, home prices will fall, as more sellers race after fewer buyers. At the same time,...
Apparently, we’re going to be entering a world-wide recession of epic proportions, in 2007. Well, at least one economist thinks so. One economist, writing in a blog. Very little credibility, right? “This is the biggest housing slump in the last four or...
I don’t know how I feel about this. Anyone else? David Phillips is a local artist who was commissioned by Fidelity to design a sculpture park near Fidelity Investments’ South Boston campus. About a year after he completed work on the project, Fidelity...
For years, real-estate brokers and home builders promised that the soaring property market eventually would glide to a soft landing … It isn’t working out that way … Joan Guth is one homeowner who was taken by surprise … Last September, she put...