Archive for December, 2005


Homeowners insurance is a must-have

The Herald’s Nena Groskind answered a question from a reader, today, regarding homeowners insurance, and what it covers, and, more importantly, what it doesn’t cover.
When you buy a condo, if you get a mortgage loan, the bank will require you to show proof of insurance.  Proof of master insurance.  Meaning, the common areas are covered […]



Number of Boston condos for sale at lowest level in three months

Number of condos on the market on September 16, 2005: 2262Number of condos on the market on December 16, 2005: 2265
What does this mean?  Well, that the number of listings has gone down, a lot, in the interim, for one thing.  There were 2616 units on the market on October 28, 2005.  A lot of […]



Weekly Boston Real Estate Sales and Listings Update, December 16, 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: 47   
Back on market (listings that went under agreement but deals fell through): 11
Price changes (almost always downward, but some go up): 68
Under agreements: […]



Interest-only mortgage loan can work, for a select few

Is it ever beneficial to get an interest-only mortgage loan?
Sometimes.  If you commit to making principal payments.  Of course, making principal payments on an interest-only loan kind of defeats the purpose, doesn’t it?
Still, for those who get paid in big chunks of cash, say a real estate agent, or a prostitute, there are benefits.
If you […]



Weekly Boston Real Estate Sales & Listings Update, December 9, 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: 101Back on market (listings that went under agreement but deals fell through): 18Price changes (almost always downward, but some go up): 105Under agreements: 59Off […]



Weekly Boston Real Estate Sales & Listings Update, December 2, 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: 92
Back on market (listings that went under agreement but deals fell through): 23
Price changes (almost always downward, but some go up): 157
Under agreements: 61
Off […]



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