The Warren Group has released its year end data for 2007 this week. What strikes me most is not the decline in residential sales or prices (down 5% from ‘06). Instead it’s the huge (and I mean huge) pull back in mortgage originations. Down 60% (60%!!!!) from the highs of 2003 and down 22% year […]
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The Wall Street Journal reported a couple of weeks ago about the opportunities that exist in this current market for small investors of commercial properties.
A lot of my clients fit this category and I thought I would pass this information on to the readers of the Boston Real Estate Blog. Unfortunately, the WSJ is […]
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Banker & Tradesman, yesterday, reported that despite the current slowdown in residential sales statewide the rental market is looking at projected increases of 3.9% in 2008 and 3.8% in 2009 due to good/average job growth. Every area of the Boston Metro region experienced growth except the North Shore due to a glut of new apartments. […]
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A very close friend of mine is moving to Miami at the beginning of November. Coincidentally one of the many newsletters I get (see spam) had an article about Sunny Miami today. Suddenly I didn’t feel so bad for sellers in Boston.
Here’s why.
according to Zip Realty, 43% of mortgages in Miami are of […]
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(This Post was written last week, but due to a technical error was not updated right way.)
Okay, that’s enough excitement for one day. Single family sales are up in the Greater Boston Area for January 2007 over January 2006, but prices are still down.
My take? Great! But let’s wait for spring to see if this […]
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