Without a doubt, many people are being hit with higher mortgage loan payments each month, due to rising interest rates on their adjustable rate mortgage loans.
I’ve been running a weekly tally of loans that have gone into foreclosure, over the past month.
What I was surprised to find was that many loans going into foreclosure were […]
The Globe has a story out today about people facing higher home loan payments over the coming 18-months due to resetting adjustable-rate mortgage loans.
- click on image for full-sized photo
“I don’t know how I’m going to survive,” said Sana Masoud, a single mother facing a $600 a month increase in one of two mortgages she […]
The following information is from the local MLS database, as of September 29, 2007, compared to (September 22, 2007).
Total # of condos for sale in the city of Boston: 2,469 (2,445)
Average # of days on market: 124 (124)
Median price of all condos for sale in the city of Boston: $385,000 ($379,900)
Average price of all condos […]
Best search term used by a reader coming to my site, today:
“where is our economy headed”
My answer? I have no idea!
Start with the Federal Reserve, and work down from there …
Well, they haven’t, but doesn’t this Globe story make it sound as if they have?
The Warren Group, a Boston-based provider of local real estate data, said that the August median price for a single family home declined 4.9 percent to $314,000, compared with $330,000 in August 2006; August was the seventh month in 2007 in […]
This week’s Boston Real Estate Condo Market Report is now available.
A sample of this week’s summary report, for ZIP Code 02116, can be found, here (warning, .pdf).
The available reports include detailed data for the following ZIP Codes:
02108
02109
02110
02111
02113
02114
02115
02116
02118
02210
02215
If you would like your own copy, contact me (choose a ZIP Code).
Certainly, this person isn’t going to get much sympathy from the average reader, but still, worth post.
From the Inman News Wiki:
Q: We have been in our house about five years and plan on staying for a while. We refinanced about 18 months ago to pay off credit card debt.
Now, we have credit card debt again […]
How much is your property worth?
The smart-ass answer is, it’s worth exactly what someone’s willing to pay for it.
The long answer is, it’s worth what you want to pay for it, or it’s worth what the seller thinks it’s worth, or it’s worth what the bank thinks it’s worth.
Yeah, about that.
So, say you decide to […]
A couple of days ago, Radar Logic’s RPX housing futures index went live.
What does it do? The index gives you an idea of where the national real estate market is today. It uses recent past sales to gauge what will happen in the near future.
Or, as they put it:
The Radar Logic Daily Index […]
The following information is from the local MLS database, as of September 22, 2007, compared to (September 15, 2007).
Total # of condos for sale in the city of Boston: 2,445 (2,382)
Average # of days on market: 124 (125)
Median price of all condos for sale in the city of Boston: $379,900 ($384,900)
Average price of all condos […]
