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Archive for May, 2006


Fifty single-family homes being built on Snowden, in Mattapan

Exciting news. Fifty new single-family homes are currently under construction near the corner of Morton Street and Harvard Street, on the Jamaica Plain / Mattapan border.
The houses are pretty damn big, running from 1900 - 3000 square feet (?!) and the prices seem pretty good, from the low $400’s (for 1900 square feet) [...]

05/23/06 | 4 Comments »



Fun with (irrelevant?) numbers

For those who like to compare numbers, here’s some.
Data is from MLS PIN, for condo sales throughout the entire city of Boston.
Total # of sales, March, 2004: 278
Total # of sales, March, 2005: 310
Total # of sales, March, 2006: 353 (um, bubble, what?)
Lowest, highest priced sale, March, 2004: $103,000, $5,200,000 (whoa!)
Lowest, highest priced sale, March, [...]

05/23/06 | 2 Comments »



Reduce your inheritance tax … to zero!

Hot tip, courtesy of the New York Daily News on how to save yourself a bundle on inheritance taxes.
Basically, at least how I read it, you take ownership (through a trust) of your parents’ home and then let them live there, for free, for a set number of years (they can live there after the [...]

05/22/06 | 1 Comment »



Do high housing prices cause people to move out of state?

According to an article in today’s Boston Globe, two new studies have been released that conclude that high housing prices are causing employers to expand operations in other states (where the employers can save money by paying lower wages).

”High housing prices are hurting our economy today because they are discouraging employment growth and encouraging out-migration [...]

05/22/06 | Leave a comment »



New development - HarborView at the Navy Yard

Big ad in this weekend’s Boston Homes announcing the new Charlestown development, Harbor View at the Navy Yard.
This is the project, currently under construction, in the Navy Yard, just a couple feet (ahem) from The Basilica.
From the Boston Redevelopment Authority website:
This project is a 425,000 gross sq ft building, with the provision of 284,800 sq [...]

05/22/06 | 1 Comment »



The most awesome solstice … EVER!

If you love Manhattan like I do, then this is for you.
From yesterday’s New York Times:
Q. I’ve heard about a “Manhattan solstice,” when the sun supposedly lines up along the streets. Is it for real? When does it happen?
A. Here’s the lowdown on the sundown, courtesy of Neil deGrasse Tyson, director of the Hayden Planetarium [...]

05/22/06 | Leave a comment »



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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.




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