Selling your home – when other owners have “right of first refusal” Since I’m apparently feeling very chatty, here’s another random thought I just had. If you’re selling a condo, you might want to check the condo docs, carefully, before putting your...
New York City Rent Board Approves Rise of Up to 5.5 Percent I am so glad we don’t have to deal with this sort of thing in Boston. New York City still has rent control, as well as something called “rent stabilization”. Basically, every year the...
Tenants complain about developer John McGrail and the Mayo Group Nice smear job in today’s Boston Herald. I have never met John McGrail. I did recently sell a condo in one of his developments, in Lynn, to a first-time homebuyer. I thought the...
Awesome blog of the day… One of the great things that has happened due to low interest rates, steady (and slightly improving) economy, and the great housing boom of the past couple of years is that neighborhoods that weren’t so great are now being rediscovered,...
When a ‘no-brainer’ becomes a ‘nightmare’ This is the worst of the worst possible scenarios you could encounter. Others fear this sort of thing will be repeated, over and over again, as people buy second and/or vacation homes, and then are tapped out. If...
Mortgage trend poses risks in downturn My blog might just have to become a “bubble-free” blog if I have to keep reading stories like this one, that appeared in today’s Boston Globe. The issue I have isn’t that people are talking about inflated...