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Archive for the 'general real estate stories' category


Rise in mortgage delinquencies

The Wall Street Journal reported that one credit bureau TransUnion forecasted that the ratio of consumers with mortgages that are two months or more past-due will hit 7.17% at the end of 2009, up from an expected 4.67% at the end of this year, that would be the highest level in 16 years. The article also [...]



Boston South End Condo Sales

From today’s email.
Hi John,
I saw that you put out 3 month info for the Waterfront and the Back Bay - could you also provide the latest information on the South End?  I have seen Zillow giving the South End fairly big drops in their “Zestimates” lately…

The last three months of Boston South End condo sales data [...]



Recesson. What Recession?

We might be in a recession, but early signs indicate Cyber Monday was a success.
If Web traffic translates into online sales, this year’s holiday season is gearing up to much better than last year’s - contrary to the doom-and-gloom forecasts for the holiday season.
Traffic to online retail sites today - Cyber Monday - far exceeded [...]



Should I delete negative real estate comments?

I thought I would never ask my blog readers this question. should I delete negative comments on this real estate blog? Anyone who wrote a comment negative about me, as long as it was backed by some facts I never deleted the comments. John Keith wasn’t sure if this was a great idea, but I thought [...]



Condo conversions or a roll of the dice

As you may recall, last month I placed a friendly bet with one of my real estate agents. Click on the link to read the blog post Boston real estate development/gambling bet. Today, is December 1, 2008 and I would like to give you an update.
*The real estate developer has a monthly mortgage payment due today for aprox $24,000.00.
*Monthly bills such [...]



My thoughts on Sunday Open Houses

In reference to Sunday Open Houses, many of my blog readers have left comments such as the following:
“I was the only one there”
“The sign-in sheet had no signatures”
“The real estate broker was bored”
This is my question. Do you think Sunday Open Houses are still a useful marketing tool as they use to be? Do you [...]




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