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Archive for the 'buying a home' category


A neighborhood undergoes great change again

Neighborhoods are like opinions.  Everyone has one.
Actually, that’s not the quote.
Anyway, East Boston has undergone great change over the past 100 years.  There was a time when it was mostly pastures and single-family homes.  Then came the 1950’s and the expansion of Logan International Airport.  Then came waves of first-generation Americans.
Now, a new generation of [...]



Fall Boston real estate market is on fire!!!

Well, not exactly.
According to an article in today’s Herald, things are cool, out there.
“The numbers are looking bad,” said Allan Pasnik, a data analyst at the Warren Group. “The people who needed to close by the end of August have done so, and we’re now left with the people who only move because [...]



Defying logic, fewer homes for sale leave buyers with few options

You would think (hope?) that the real estate slowdown would be to your benefit, if you were a buyer.
Not necessarily.
The volume of sales, on average, is probably down an average of 25-30% in the city of Boston and in the state, overall.
Unfortunately, the inventory level is down that much, as well.
From today’s Globe:
There [...]



Co-ops are different from condos

In case you missed it, a local man (well, from Andover) sued a co-operative board for denying him the right to move into a unit in a building at the corners of Charles and Beacon streets.
According to the Boston Globe, the two sides came to an agreement that paid the prospective buyer a $2.2 million [...]



Breaking: Boston real estate is expensive

Is this surprising?
Eight out of the top 10 most expensive housing markets in the U.S. are in California, while eight Midwestern cities are among the 10 most affordable, according to the Coldwell Banker Home Price Comparison Index released today.
The study compared the average value of 2,200-square-foot houses with four bedrooms, two and a half baths, [...]



A licensed home inspector is all that stands between you and disaster

Well, maybe not that bad, but there’s never a bad time for hyperbole.
When you make an offer on a new home, undoubtedly you will include in it the requirement that you be allowed to have a home inspection performed prior to signing of the purchase and sale contract.
The reason for this is obvious: when you [...]




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