Warm weather . . . plenty of buyers . . . time to break out the Champagne.

It is a time honored tradition of real estate agents to believe that the good weather of spring (especially in Boston – which historically could have snow into March) brings out buyers in droves. Yes, we all know the spring sales market is far superior than say November thru January. Yet, I just doubt that [...]

Court ruling to let $450 Fenway project move forward

In a major step forward for developer John Rosenthal a Massachusetts Land Court judge has dismissed a zoning challenge that has stalled for the past 3 years his $450 Million complex that is planned to have apartments, stores, and offices, over the Mass Pike just west of Fenway Park. Yet another good sign for commercial [...]

203K Loans . . . FHA should bring them back for investors

So a colleague of mine passed along an interesting read from RISmedia this past week about how the FHA should reinstate 203K Loans. A 203K Loan is commonly referred to as a rehabilitation loan and the article discussed how it could greatly help with the REO problem we are still in the middle of across [...]

Old Filene’s site to be built on!!!!! Hip-Hip Hooray!!!

Boston.com is reporting that Millennium Partner’s is teaming with Vorando Realty Trust to push forward with plans to finally develop the old Filene’s basement site that has sat desolate since the summer of 2008. Let’s hope this is the beginning of the end for one of the more disastrous blunders in the history of Boston [...]

Harold Brown fears return to rent control

According to the BBJ at a recent Boston Multifamily Housing Summit famed real estate developer and CEO of The Hamilton Company, Mr. Harold Brown, fears a potential return to the nightmare of rent control. Brown notes that in his opinion there is a limit on how many “rich people” are around and can afford to [...]