Archive for July, 2005


Fear of Committing

Buyers should take their time to find the perfect home.  Sometimes, however, they might never find that home.  Could it be that they are simply unable to commit?
By Teri Karush Rogers, NY Times

On the diving board of dashed hopes and denial paces an unhappy figure: the would-be buyer who shops for years but resists taking […]



Weekly Boston Real Estate Sales & Listings Update, July 22, 2005

Below is a report of sales and listing activity for the past week. Information is derived from LINK, the online database that is used by most Boston real estate agents.
New listings: 129
Back on market (listings that went under agreement but deals fell through): 22
Price changes (almost always downward, but some go up): 98
Under agreements: 122
Off […]



New program announced for Massachusetts homebuyers

This may be of interest to first-time homebuyers (as well as others, for that matter).
Your own bank or mortgage company may be able to match this offer, however.  It always helps to shop around!
Mass.: Educators Eligible for Home Loans
Educators in Massachusetts can take advantage of a new $100 million initiative that is designed to make […]



Condominium sales increase in Massachusetts, year-to-year; single-family home sales stay steady

According to the National Association of Realtors, single family home sales stayed steady in June, when compared to last year.  This follows a big drop in sales in April & May; down more than 10% each month, compared to last year.  Condo sales are still going strong, however, at least in Massachusetts as a whole.  […]



Boston area parents help their children buy their first homes

Parents are finding it worthwhile to help their children purchase their first home.  The article says it is because of the high cost of housing, but that’s not necessarily so.  Not many 25 year olds could ever afford to buy their own home.  But, when you compare the cost of renting to owning in the […]



Weekly Boston Real Estate Sales & Listings Update, July 15, 2005

Below is a report of sales and listing activity for the past week.
Information is derived from LINK, the online database that is used by most Boston real estate agents.
New listings: 168
Back on market (listings that went under agreement but deals fell through): 21
Price changes (almost always downward, but some go up): 126
Under agreements: 100Off market […]



Comparing the cost of buying vs. renting

Holden Lewis, who writes the great Mortgage Matters column for bankrate.com, follows up on an earlier article he wrote regarding the infamous "buy vs. rent" comparison that some (educated) people use to back up their argument that housing is "expensive".
The concept, again, is that housing is "expensive" or "not expensive" if it costs significantly more […]



HUD Settlement Costs Booklet outlines costs of buying real estate

I have added a link to the list at left for an excellent booklet put out by the US Department of Housing & Urban Development.  It doesn’t just break down a list of closing costs, it explains just about everything you need to know about financing the purchase of a house or condo.



Dorchester real estate sales data

Dorchester real estate sales data, 2002 - 2005

Condo sales, 2002 - 2005
Year     # of listings     median sales $     % increase     avg sales $     % increase
2002          131           $189,000.00                          $200,868.002003          215           $232,000.00  […]



Title insurance

Great article, explaining what a title company does, as well as why you should get title insurance.
By Alina Tugend, New York Times
Like most homebuyers, Debra Kling did not pay much attention to title insurance when she and her husband bought a home in Larchmont, N.Y., last year.
It was just part of the blizzard of papers […]



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