Church owners are sitting on gold
The Archdiocese of Boston just made a bad business deal, which I’m sure you all have heard about. Michael Indresano bought the shuttered, century-old St. Mary Star of the Sea church and its rectory and parish hall in East Boston from the archdiocese on Nov. 16...Chelsea suffers from housing slowdown
Ouch. Here’s the problem. When the housing market slows down, and there are less buyers than before, those neighborhoods that are “marginal” suffer the most. “Prime” properties continue to be snatched up, although they may suffer price...In Brief: real estate stories in the news
They’re about to kick me out of this rat-infested coffee shop because I’ve spent six hours doing nothing but typing and buying one 12-oz cup of coffee, so here’s some other stories I read over the past couple of days. Foreclosures Expected to...Signs of a stabilizing housing market? Possibly.
Most people would love a stable housing market. Sellers, because they would then be able to price their properties appropriately. Buyers, of course, because they want to feel comfortable they aren’t buying right before a market drop. The rest of the country,...Condo Listings by Neighborhood
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