Boston condo prices average $572,000 Condo sales defied common expectations, as prices increased during the first quarter, 2005. (Number of sales increased, as well, from 304 units to 366 units – the South End had 155 sales, 2004, 148 sales, 2005; Back Bay had...
Massachusetts home sales drop more than 10% as condos stay hot AHHHHH!!!!!! Boston Business Journal A 10.4 percent drop in the number of single-family homes sold in April could be the first sign of moderation in the hot Massachusetts real estate market. While home...
154 Attorney Street, New York, NY The above is a wonderful building currently under construction on the lower East Side of Manhattan. Here are the details, via Curbed, in turn via Prudential Douglas Elliman’s Rob Gross, who’s handling the marketing (I...
Boston Globe: Are declining long-term interest rates in our best interest? The Boston Globe has an article in this Sunday’s business section about why long-term interest rates have stayed low for so long. The article is written by Charles Stein. His theories on...
Peter Coy, Business Week (by way of National Association of Realtors) (May 18, 2005) — Interest-only loans have risen from 1.5 percent of all mortgages in 2001 to 31 percent as of last year, according to LoanPerformance, a real estate information firm based in...
Whoa. The New YorkTimes has a story today about US interest rates and the influence of the Chinese government and its economy. However, the disturbing part of the story is where the reporter talks about Pulte Homes. They are one of America’s largest home...