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Archive for April, 2005


New York’s Real Estate Know-It-All

Sh-h-h-h - don’t tell anyone about
this story, lest they get any ideas of creating a real estate blog, here in
Boston.

New York’s
Real Estate Know-It-AllBy Jesse Hempel, Business Week

Lockhart Steele’s Curbed.com blog is a magnet for anyone looking
for the lowdown on the industry’s Gotham gossip
Brokers might tell you
about the two-bedroom co-op boasting [...]



Home Starts fall an alarming 17.6%

Everyone was up in arms about this,
yesterday.  I think all of the reporters miss an important point (although I haven’t thought
this through, yet) - How is a lower number of home starts a "good" thing?  There are
so many buyers waiting to buy, right now.  Lowering the number of potential homes for sale [...]



Seeking Nest Eggs, Investors Buy Nests

Good story, in the New York Times, about people buying
investment properties.  It’s about people in New York City, but it’s relevant for us, here
in Boston, as well.  Boston has always been a good market for investing in rental properties,
although things definitely slowed down for the past couple of years, as people bought [...]



In Real Estate Fever, More Signs of Sickness

This is a good article, from the
Washington Post.  It’s about real estate in the Washington DC area, but the points it makes
are relevant to us here, in Boston, as well.  It pretty much says what everyone else is saying
(parts of which I don’t agree with, by the way) - that the real [...]



Weekly Boston Real Estate Sales and Listings Update, April 22, 2005

Below is a report of sales and
listing activity for the past week.

Information is derived from LINK, the online
database that is used by most Boston real estate agents.
New listings:
256
Back on market (listings that went under agreement but deals fell through): 8
Price changes (almost always downward, but some go up): 133
Under agreements: 160
Off market [...]



Links of the day

Stories in the news,
today:
Complete article: Gentrifi
cation  helps everyone
Everyone knows gentrification
uproots the urban poor with higher rents, higher taxes and $4 lattes. It’s the lament of community
organizers, the theme of the 2004 film Barbershop 2  and the guilty assumption of the yuppies
moving in.

But everyone may be wrong, according to Lance
Freeman, an [...]



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