Very positive story in today’s New York Times about the benefits of the housing boom. Interesting factoid – New York City has seen its real estate transfer tax go from $875 million in 2000 to $2.2 billion this past year. Sure, the article’s a little...
Scene outside the London Underground, a couple of hours ago. Okay, I’m not passing judgment, but for how long was it legal to drink on the subway, anyway? Good news, we have two days to totally enjoy ourselves! Back to homepage: Boston condos for sale Condos...
“What you are seeing are signs of a market peak at the high end,” said Robert Shiller, an economics professor at Yale University. “First there’s a rise in inventory, and then prices fall.” No prediction on how far prices will fall from...
Or, so says Scott Van Voorhis, in a column out today. These are tougher times in the real estate market, even for the super-wealthy. The number of mansions sold in some of the state’s toniest towns – Weston, Wellesley and Brookline – has plunged more than...
The world’s largest and most expensive home will be completed in January. The 27-story skyscraper in downtown Mumbai, India, will be the residence of Mukesh Ambani and his wife Nita. Ambani, head of Mumbai-based petrochemical company Reliance Industries, is the fifth...
Last week, the Globe’s real estate blog had an entry about the “value” of living in the city versus the suburbs. It’s something I often think about. Could you pay me enough to live in the suburbs? Well, first off, for a lot of people, the...