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Archive for January, 2008
From Banker & Tradesman:
Boston and Cambridge rank as the fourth and fifth most expensive rental markets in the country, making them unaffordable for many area workers, according to a new study.
A two-bedroom apartment in Boston and Cambridge rents for $1,366 … according to the study, ‘Paycheck to Paycheck: Wages and the Cost of Housing [...]
01/29/08 |
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From the Boston Business Journal:
A December auction of 52 luxury condominiums yielded $15.6 million for the owners of the 204-unit Ironwood on the Green at Ferncroft.
The auction for the condo project, located in Middleton, Mass., was held on Dec. 16th. In addition to the 52 sold at auction, another six units are scheduled to close [...]
01/29/08 |
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This is too awesome to leave anything out.
Should I be scared?
Miami developer Tibor Hollo has sued a real estate practitioner for $25 million, after the practitioner blogged that the developer went bankrupt in the 1980s and is facing financial difficulties in the current downturn.
Hollo filed the lawsuit against the firm Esslinger-Wooten-Maxwell and its associate Lucas [...]
01/29/08 |
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Some see no difference between costly appraisal and free agent comps
Ilyce R. Glink Inman News
Q: I am writing in regards to a recent question in the column about starting to invest in real estate.
I am not surprised, but am slightly irritated, that when you advised this person to “put together [...]
01/29/08 |
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Repairing pipe joints can be difficult, dangerous job
Paul Bianchina Inman News
Q: My house was constructed in 1955, and in the basement laundry area I have cast-iron drain pipes that are oozing tar from the joints. What products/procedures would I use to repair them? –U. W.
A: Pipes of the type you describe [...]
01/29/08 |
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Big problems missed when relying on moisture detection device
Barry Stone Inman News
Dear Barry,
We bought our home one year ago. When we had our home inspection, we asked the inspector about a small water stain on the ceiling. He pointed some kind of sensor at it and said it was not an [...]
01/29/08 |
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