General real estate stories
Not surprising anyone, I’m sure: While resetting rates are causing some foreclosures, falling home prices are also playing a big part in the real estate malaise. Homeowners who owe thousands more on their homes than they are currently worth find themselves...General real estate stories
What do you think? Is your home worth what you paid for it, last year, the year before? According to Zillow: Despite plenty of evidence to the contrary, 77 percent of homeowners believe that their homes are worth as much or more as they were in 2006, according to a...General real estate stories
I can’t believe how quickly the rate of condominium & single-family home construction has changed over the past two years. Obviously, there’s still a huge glut of half-built and empty condos in Southern Florida and Las Vegas (and California and...General real estate stories
Four out of five economists agree the housing market will remain depressed for at least the next several months. Are economists agreeing on something? That’s even more disturbing news. From the Journal: Sales of existing homes inched up in November. The National...General real estate stories
From the Herald: Red Sox owner John Henry may have to wait as long as a year before he can demolish his two Brookline homes. The Brookline Historical Commission voted last week to impose a demolition delay on Henry’s Sargent Road estate, after determining that the two...