Archive for January, 2006


Weekly Boston Real Estate Sales and Listings Update, January 28, 2006

The following information is from the local MLS database, as of January 28, 2006.
Total # of condos for sale: 2350
Average # of days on market: 84
36 properties were sold (closed) last week.
Lowest priced condo in city of Boston: $124,900
Median priced condo in city of Boston (23 listings): $389,000
Highest priced condo in city of Boston: $13,995,000
Average […]



Weekly Boston Real Estate Sales and Listings Update, January 27, 2006

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: 143
Back on market (listings that went under agreement but deals fell through): 20
Price changes (almost always downward, but some go up): 149
Under agreements: 94
Off […]



What are your options if your condo is never built?

Las Vegas has experienced a bit of a slowdown in real estate sales. So much so that several development projects have been canceled, outright.
Suppose you put down a deposit on a condo project, months before the developer broke ground, and then suppose the developer changed his mind, and decided to not build, at all.
What […]



Tips for first-time homebuyers

Great article by Nena Groskind in the Herald today.
If you’re going to be buying your first home, keep these things in mind:
(H)ere are my top 10 suggestions for first-time purchasers:
- Credit reports. Don’t even start looking at homes until you’re sure bad credit or errors in your credit history won’t block you from getting a […]



Weekly Boston Real Estate Sales and Listings Update, January 21, 2006

The following information is from the local MLS database, as of January 21, 2006.
Total # of condos for sale: 2286
Average # of days on market: 86
29 properties were sold (closed) last week.
Lowest priced condo in city of Boston: $124,900
Median priced condo in city of Boston (13 listings): $385,000
Highest priced condo in city of Boston: $13,995,000
Average […]



Weekly Boston Real Estate Sales and Listings Update, January 20, 2006

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: 153
Back on market (listings that went under agreement but deals fell through): 20
Price changes (almost always downward, but some go up): 129
Under agreements: 87
Off […]



Are you paying PMI on your mortgage loan, unnecessarily?

The Ins and Outs of Private Mortgage
Insurance (PMI) and how to get rid of it.
Question: There are a few things I do not
understand about private mortgage insurance. The most important is, can the borrower initiate the
elimination of PMI? I assume the mortgage holder must approve. I purchased a condominium in Sherman
Oaks, Calif., for $290,000 in […]



How come everyone thinks you have to put 20% down when you buy a house?

Ever heard you need to put 20% down to buy a
home?  Or, that you should?  Where’d that idea come from?  Read on, to learn
why.  Very good article, with lots of stuff even I didn’t
know.

Ever been told that you need to make a "20% downpayment"
on your home to get the best rates?  Or that putting anything […]



Weekly Boston Real Estate Sales and Listings Update, January 15, 2006

The following information is from the local MLS
database, as of January 15, 2006.
Total # of condos: 2267
Average # of days on market:
93
Lowest priced condo in city of Boston: $128,876
Median priced condo in city of Boston
(21 listings): $389,000
Highest priced condo in city of Boston: $13,995,000
Average priced
condo in city of Boston: $558,950
My thoughts: Between January 1, 2005 […]



Weekly Boston Real Estate Sales and Listings Update, January 13, 2006

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: 154
Back on market (listings that went under agreement
but deals fell through): 37
Price changes (almost always downward, but some go up): 115
Under
agreements: 56
Off market (variety of reasons, […]



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