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Archive for December, 2006


What else is there? Mayor sees limited appeal in Waterfront plans

I haven’t had a chance to read through all the press about the proposal to build a new City Hall in the Seaport District. I think it’s a good idea, if it gets us out of the current City Hall. Of course, it makes the seat of city government just about inaccessible to [...]

12/15/06 | 1 Comment »



Will 115 Winthrop end up as planned?

The city of Boston recently chose Steve Belkin’s Trans National Properties to build an 80-story, 1000-foot tower at 115 Winthrop Street.
Belkin has retained architect Renzo Piano.
Other buildings designed by Piano include the New York Times tower, in New York City.
And, people are wondering how the actual building ended up looking nothing like its design.
It’s sort [...]

12/15/06 | 2 Comments »



Why can’t economists agree???

Economists seem all over the place regarding the direction of the (national) housing market.
A very few (mostly those working for the National Association of Realtors …) think the market is on the way to recovery.
Many others believe the market has leveled off, and, although prices may have a bit of a drop over the coming [...]

12/14/06 | Leave a comment »



Will first-time homebuyers come back to market?

I work with many first-time homebuyers. Between January and September, I noticed a precipitous drop in my client base, as many of these buyers decided to wait out the market, first because of high home prices, and second because of uncertainty over the direction of the real estate market.
Starting in September, however, things began [...]

12/14/06 | 7 Comments »



In Brief: real estate stories in the news, 12/16

They’re about to kick me out of this rat-infested coffee shop because I’ve spent six hours doing nothing but typing and buying one 12-oz cup of coffee, so here’s some other stories I read over the past couple of days.
Foreclosures Expected to Increase
Late payments and foreclosures are likely to grow as another wave of adjustable-rate [...]

12/14/06 | Leave a comment »



Are you surprised? National Association of Realtors say slump to end in 2007

Of course they do!

The worst of the US housing slump is over, according to the National Association of Realtors.
Sales of previously owned US homes will grow at an annual rate of 6.29 million in the first quarter, snapping five consecutive quarterly declines, the industry’s largest trade group said yesterday. New-home sales, about 15 percent of [...]

12/14/06 | 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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