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Archive for November, 2005


Weekly Boston Real Estate Sales & Listings Update, November 18, 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: 174
Back on market (listings that went under agreement but deals fell through): 18
Price changes (almost always downward, but some go up): 210
Under agreements: 74Off [...]



11/18 Real estate stories in the news

There is so much news to report.  Actually, more like information, not news.
Anyway.
From The Boston Globe:
Boston building spree rivals ’80s boom - the Globe’s Kimberly Blanton reports on yesterday’s presentation by Jay Russo of the BRA regarding housing under construction in the city.
Nearly 14,000 residential units, primarily condominiums, are currently in the construction pipeline in [...]



Where to post your for-sale-by-owner in Boston

Yes, I’m a real estate broker, and yes, I think you should always use a real estate broker when buying a home.  And, yes, I think you should always use a real estate broker when selling your home.
Having said that, if you should decide to sell on your own, here are a bunch of places [...]



Condo owner finds out her driveway is actually a street

This is exactly what you DON’T want to happen when you buy a home.
Eeka, a condo owner in Roxbury, was doing research on a developer’s plans for putting a single-family home up on the two small parcels of land behind her condo.  She couldn’t understand how it was possible that anything could be built on [...]



11/17 Real estate stories in the news

From The Boston Herald:
Hub home price-chopping seen - list prices decrease 10-15%, according to this article.
From The Boston Globe:
ICA’s new home to be unveiled next September - new building on the Boston waterfront will also include a theater.  A Boston developer has made a bid on the ICA’s current headquarters, on Boylston Street, according to [...]



Broker incentive: Cold hard cash

I hope this catches on in Boston.  It’s about right, $100 for an hour of my time.
Instead of spending $20,000 on a broker party, L&L Holding is giving the money away, $100 at a time, to the first 200 legitimate office brokers who inspect two spaces at 600 Third Ave. today between 9 a.m. and [...]




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Recent comments

  • Bradley, Beacon Hill Condo Developer: My prediction: With O & H at the helm, they’ll be sold by March…. May at the latest. I would conservatively guess at least...
  • Jen, Did you refinance your Mortgage?: I refinanced my mortgage last month. It was a 30 yr fixed to another 30 yr fixed at a lower rate. The process took a little less than 3...
  • John Ford, Economist made a mistake?: Confused, how does that syaing go “to err is human to forgive devine.”
  • confused, Economist made a mistake?: Gee, you think he’ll give the money back to all the people who bought his book…or better yet all who bought at the top who...
  • john Ford, Did you refinance your Mortgage?: Mark, thanks for your insights. Keep me posted if you see any trends in the mortgage market place.
  • Mark, Did you refinance your Mortgage?: Hi JohnF, I am a mortgage broker in Stoneham and I can say that most lenders are backed up big time! Some of the lenders that I work with...
  • BS, Back Bay Parking : My place wants between $40k-$45K in covered attached sub-garage. At 30K I would do it just to add value to the apt on resale.
  • Hrmm!, Back Bay Parking : not that much when you realize a resident sticker costs you nothing but a short walk for your fat ass.
  • JFord, Boston condo listing: I can’t say either way. Please note, it wasn’t me that said it was the largest in the city it was the listing broker.
  • Anon, Boston condo listing: 15×30 is a nicely sized roof deck, but it is hardly the largest in Boston.