So, when you find the home you like, you make an offer. The owner will say no. (Ha ha.)
Then, after the owner counter-offers and you counter-offer and the seller counter-offers and you agree on a price, you’ll usually have ten days to have a licensed home inspector come in to take a look […]

The National Association of Realtors “has sought enactment of an income tax credit or similar tax incentive for developing entry level and affordable housing. NAR also supports an incentive for employers to provide a down payment assistance fringe benefit to their employees and to assure that employees will not be taxed on any cash or […]

The following information is from the local MLS database, as of May 19, 2007, compared to (last week).
Total # of condos for sale in the city of Boston: 2,700 (2,567)
Average # of days on market: 110 (113)
Median price of all condos for sale in the city of Boston: $399,000 ($399,000)
Average price of all condos for […]

I expect that April 2007 condo sales data will be released over the next couple of days.
My guess is that sales volume and average (and median) sales prices have increased, when compared to April 2006.
Who knows.
MLS shows an increase in both numbers. MLS cannot be counted on to accurately reflect what is going on […]

How can you make sure you pay as little as possible for the home you love?
* Know what comparable properties are selling for.
If the home is priced higher than the competition, then your seller should be willing to negotiate. In addition, if the price is significantly higher, the owner’s agent probably already knows this […]

The following information is from the local MLS database, as of May 5, 2007, compared to (last week).
Total # of condos for sale in the city of Boston: 2,567 (2,570)
Average # of days on market: 113 (117)
Median price of all condos for sale in the city of Boston: $399,000 ($399,000)
Average price of all condos for […]

Boston condo sales data for the month of April should be released over the coming days.
It should be very enlightening.
According to figures from the past several months, January and February were busier than normal, but March was slower than expected.
It certainly seems as though the market is busy - I’ve seen a good number of […]

From today’s Wall Street Journal:
Laura Chung, an interior decorator who recently moved to Portland, Ore., from Cambridge, Mass., sees the strong market as the ultimate stress reliever.
Mrs. Chung, and her husband, Eric, are considering sprucing up their new home and selling it if they find a house more to their liking — a prospect that […]

Letter to the Editor, today’s Boston Herald
Yoon’s plan wrong plan
City Councilor Sam Yoon’s proposal to buy back condos and homes when they are auctioned off by lenders appears to be another extension of public housing at the cost of Boston taxpayers (“Plan: It’s time to buy. Council eyes home foreclosure sales,

I’m prepping for an interview I have scheduled for tomorrow, so I was analyzing this data. The first two data are from LINK, the third is from MLSPIN. The difference is because not every agent enters his or her listings into both databases.
Numbers are for the week ending May 4, 2006 and the […]