General real estate stories
Or, so says Scott Van Voorhis, in a column out today. These are tougher times in the real estate market, even for the super-wealthy. The number of mansions sold in some of the state’s toniest towns – Weston, Wellesley and Brookline – has plunged more than...General real estate stories
The world’s largest and most expensive home will be completed in January. The 27-story skyscraper in downtown Mumbai, India, will be the residence of Mukesh Ambani and his wife Nita. Ambani, head of Mumbai-based petrochemical company Reliance Industries, is the fifth...General real estate stories
Last week, the Globe’s real estate blog had an entry about the “value” of living in the city versus the suburbs. It’s something I often think about. Could you pay me enough to live in the suburbs? Well, first off, for a lot of people, the...General real estate stories
The PMI Mortgage Insurance Co. is out with its Spring 2008 U.S. Market Risk Index. The organization estimates that the chance of housing prices being lower in two years has declined in 32 of the 50 largest US housing markets, during the fourth quarter, 2007. This is...General real estate stories
Speaking in an interview with Bloomberg, Boston Fed President Eric Rosengren expressed surprise that the U.S. housing market had not begun to show signs of recovery as of yet. “People have been expecting a recovery in housing much sooner than it has offered and...