Sellers: this is a business. No time to cry over low ball offers

I was browsing some of the other blogs throughout our cyber world today. The one and only Mr. Van Voorhis hit a home run in my opinion today when he pined about not crying over low ball offers. This was taken from his post on the boston.com real estate blog. Sorry, but if you get [...]

It is official: Globe says apartment boom is occuring in the Hub

Now that the stalwarts over at the Globe have reported an apartment boom it must be official. All kidding aside, this should be good news in the long(er) term for renters facing a super competitive market throughout Boston and sky rocketing apartment prices. If all pans out it appears over 1000 new apartment units should [...]

I thought we bailed these guys out . . . .

Interesting blurb in B&T yesterday about the feds asking Bank of America about what their plan B is if things go further south: The Federal Reserve has asked Bank of America Corp. to show what measures it could take if business conditions worsen, the Wall Street Journal said, citing people familiar with the situation. BofA [...]

Bye Bye September First

It’s over . . . . the college kids have moved in (and a good deal of professionals as well), the traffic is starting to calm down, the overflowing dumpsters are beginning to recede, most couches have been removed from the sidewalks of Allston, and I don’t see orange tickets from housing inspectors flailing in [...]

New FHA rules set to tighten condo lending

As if the residential sales market needed another swift kick to the gut the FHA has issued tighter restrictions on condominium lending that are stricter than it’s 2009 standards. Banker and Tradesman has a nice run down of the new points: What You Need To Know Here’s a rundown of the essential points of new [...]