Apparently, the Chinese government isn’t pleased with our ever-increasing national debt.
[S]tocks were down sharply Monday largely because of a slump in the dollar …
The big news Friday was not how much shoppers were spending at stores, but that China — a huge backer of U.S. debt — may cut back on purchases of U.S. Treasury […]
Notice that nowhere in this story is a real estate agent mentioned. Fortunately.
Question: “I have been offered a tremendous deal — a house that appraises at $364,000 that I can buy for $294,000, with 100 percent financing, and the builder will pay all my closing costs … I can afford the payment for only […]
I just report the news, I don’t make it!
The worst of the housing bust is over, economists said by nearly 2-to-1 in the latest WSJ.com [Wall Street Journal] economic forecasting survey. But they still predict that the average selling price of a house will fall next year.
“We’re nearing the end of the slowdown for most […]
Being “underwater” means you owe more on your home than it’s worth. Of course, it’s only a problem if you can’t make your payments and are either thinking of selling to rid yourself of the mess you created, or you are facing foreclosure (and financial ruin).
According to an analysis by Comstock Partners, a Yardley, […]
There’s an easy way to speed up paying off your mortgage loan. Many of you are already familiar with it.
Simply, send an extra payment whenever you can. Or, pay your mortgage loan every four weeks, not just once per month. At the end of the year, you’ll have made 13 payments, instead […]
This is a comparison of number of condo sales within the city of Boston, as recorded by the local Multiple Listing Service (MLSPIN).
2005:
Sales range - # of listings - Avg final sales $ - Avg final list $ - Avg original list $
$350,000 : $399,999 - 484 - $373,311 - $378,947 - $384,675
$450,000 : […]
It’s true. You can get a good deal sometimes if you make an offer to buy a new home between Thanksgiving and New Year’s.
I had this happen, last year. My client and I (actually, just my client) made an offer on a high-end property, on Friday, December 23rd. The developer said he […]
The following information is from the local MLS database, as of November 17, 2006, compared to (last week’s numbers).
Total # of condos for sale in the city of Boston: 2,707 (2,795)
Average # of days on market: 134 (132)
Median price of all condos for sale in the city of Boston: $389,000 ($389,000)
Average price of all condos […]
I read this somewhere, I forget where:
With the residential market slow, builders and individual sellers are offering their agents more incentives than usual to move their properties. On top of standard commissions, agents may pocket thousands of dollar, travel vouchers or other incentives. The buyer is often remains unaware of these arrangements.
Um, yeah.
That’s bad. […]
Need some advice as to whether or not you should buy now, or wait?
Here you go.
Until recently, home buyers bought not with an eye to a quick profit but in order to gain control over the place where they lived. As a homeowner, you don’t need the landlord’s permission to make modifications to the property […]
