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Archive for February, 2008


Neighbor against neighbor: cat fight brewing in Back Bay

In the Back Bay, you have two active neighborhood associations. The Neighborhood Association of the Back Bay (NABB) and the Back Bay Association (BBA?).
I believe the BBA is more of a business-oriented organization, but regardless, nothing gets built or changed in that neighborhood unless both groups are on-board.
Actually, there’s three organizations; PruPAC is a [...]

02/26/08 | 1 Comment »



Weekly Boston Condo and Boston Real Estate Sales and Listings Update, February 25, 2008

This week’s Boston Real Estate Condo Market Reports are now available.
The market reports provide readers with detailed information on the state of the Boston real estate market.
The reports include data on inventory, recent sales, and price per square foot of condos for sale and recently closed.
In addition to a summary report of sales across the [...]

02/26/08 | 6 Comments »



285 Columbus Lofts: urban, metropolitan loft lifestyle

285 Columbus Lofts is a new condo project, currently under construction. It is a renovation of the old Red Cross building, at the corner of Columbus Ave and Clarendon St.
From the developer’s website:
Upon completion in spring 2008, the eight-story complex will offer 63 loft-style one- and two-bedroom condos, ranging from 750 to 1,600 square [...]

02/26/08 | 3 Comments »



Some people would rather not hear from their lenders

I don’t find this surprising. Who’s the last person you want to talk with if you’re underwater and can’t make your loan payments? Your lender.
Some borrowers probably skipped town … and some probably never existed (LOL!).
Mortgage lenders are going door-to-door in some parts of the country to track down borrowers who are behind [...]

02/25/08 | 2 Comments »



Selling home ‘as is’ in today’s market?

Selling a home “as is” can mean a lot of different things to a lot of different people.
If you’re buying a FSBO, you might see it. If you do, I’m going to guess that the seller is looking to sell his/her home without a home inspection, without warranty, without anything.
Those can be warning signs. [...]

02/25/08 | Leave a comment »



Weekly Warren Group Boston foreclosures report, 2/22/2008

The Warren Group weekly foreclosures data, for the week ending 02/22/2008, for all of Suffolk County (includes Boston, Revere, Winthrop and Chelsea-by-the-sea) (compared to the prior week).
New Petitions & Lis Pendens: 74 (111)
Auctions: 52 (40)
Bank Owned REO: 11 (17)
Industry Terms, courtesy of The Warren Group
A Foreclosure Auction: The public sale of mortgaged property, and usually [...]

02/25/08 | 1 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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