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Archive for December, 2005


Homeowners insurance is a must-have

The Herald’s Nena Groskind answered a question from a reader, today, regarding homeowners insurance, and what it covers, and, more importantly, what it doesn’t cover.
When you buy a condo, if you get a mortgage loan, the bank will require you to show proof of insurance.  Proof of master insurance.  Meaning, the common areas are covered [...]



Massachusetts loses population - again

A couple of days ago, I posted an entry about the state (Commonwealth?) of Massachusetts, and how it had lost population over the past couple of years.
It’s happened, again.  Population in Massachusetts fell from 6,407,382 to 6,398,743 between June 1, 2004 and June 1, 2005, according to the US Census Bureau, a loss of 0.13%.  [...]



Why did New York City transit workers go on strike? Blame real estate.

Maybe no one in Boston cares about a lame transit strike in New York City, but it was all over the news during the past couple of days, so I might as well discuss it.

Want to know how the hot real estate market was partially responsible for the NYC transit strike?

Complete story, here.
Meanwhile, I’m glad [...]



Real estate agent loses out on commission, tears follow

This is just an unfortunate turn of events, all around.
In a nutshell, a real estate agent was working with a buyer (no contract, however) on Nantucket.  They saw many homes, including one on the market for $15.5 million.  They saw it twice.  Within days of seeing it a second time (well, seeing the outside, the [...]



The rise of the third home

What, oh what, to do with all your extra cash?
Well, some people turn to real estate, and buy themselves a second home.
And then, a third.
Apparently, this is more common than you might imagine, according to a recent article in The New York Times.
What are the benefits?  Oh, I’m sure you can think of some - [...]



Out of the dugout, into the doghouse

I wonder if Manny Ramirez and Johnny Damon ever found themselves on the same elevator at the Ritz.  Odds are, yes.  Public information has them both living in the Ritz Towers, Mr. Damon on the 34th floor, Mr. Ramirez in a penthouse, above.
Manny probably hasn’t had to endure the water balloon drops that Johnny & [...]




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