Zillow: Downtown Boston home values rise in 2nd quarter
Online real estate valuation company Zillow.com says that home values rose during the second quarter 2011 in many downtown ZIP codes, as well as in other Boston neighborhoods. The Boston Business...
View ArticleCeltics coach Doc Rivers gets deal of the century on Boston condo buy
Celtics coach Doc Rivers closed on the purchase of a luxury condominium home in the Back Bay of Boston. According to Boston.com and the Suffolk County Registry of Deeds, Glen “Doc” Rivers paid $2.2...
View ArticleMortgage loan rates skirt historic lows; Boston rates low, too
Mortgage loan rates dropped again, this past week, skirting the lowest rate, ever. The average 30-year, fixed mortgage rate decreased to 4.32%, according to the Freddie Mac weekly survey of loan...
View ArticleMassachusetts’ housing affordability at 20-plus year low
An analysis of historic housing prices and 30-year mortgage loan rates proves that housing is affordable to more Massachusetts’ home-buyers than at any time in at least 20 years. I plotted the Standard...
View ArticleFree condo fees program offered through Freddie Mac
Freddie Mac, which holds the keys to hundreds of thousands of homes that have been lost to foreclosure, has announced a new program that may entice people in the market for a new home to make offers....
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Proposal would lower mortgage rates to 4% for millions of homeowners
Finally, something we can all agree on? According to Scott Van Voorhis over at Boston.com, two Columbia Business School professors have a bold proposal for fixing the nation’s housing market problem...
View ArticleRefinancing your home loan can save thousands in interest payments
Dan Green, mortgage broker extraordinaire, does the analysis of mortgage rate changes since earlier this year to show how refinancing your home loan could save you thousands of dollars in interest...
View ArticleHome prices up in metro Boston: Case-Shiller reports
The Greater Boston metropolitan area saw a 2.4 percent gain in home prices in June, according to the latest Standard & Poors / Case-Shiller real estate index. Only Chicago and Minneapolis saw...
View ArticleBoston condos being bought with cash
Jenifer McKim and Rona Fischman at the Boston Globe report on a recent phenomenon. Generally, about ten percent of real estate transactions are paid with cash. This year, the average in Massachusetts...
View ArticleHigh end million-dollar Boston homes for sale
The high-end Boston condominium and single-family homes’ market has remained strong despite this grueling recession. Using MLSPIN data provided and collected from third-party sources, I see that there...
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