Although you can’t read or watch the news without hearing the term “housing crisis”, Arlington Massachusetts is a good example that all real estate is local and you can’t judge by what might be going on in other areas.
Here are the latest statistics from January 2009:
Let’s compare these figures to what was going on in [...]
If Goldilocks were looking to buy or sell a house in Somerville, she would find that one segment of the market is speeding up, one segment is slowing down and one segment is just right and has remained level. Here’s the latest statistics for the Somerville, MA real estate market.
Somerville Market Statistics January 2009:
Let’s [...]
Welcome 2009! It will be interesting to see what changes happen in the upcoming year. We’re already seeing some changes in the real estate market in Medford, MA and I’m sure I’ll surprise some people because many of the changes are positive.
Real Estate Statistics As of January 2009
It’s been a little over 2 [...]
At long last, some good news from the IRS. It is now okay to have a limited personal use of a property that you will use for a 1031 Exchange. An exchange allows you to sell a piece of real estate held for investment and purchase another “like kind” property and defer the payment of [...]
During this 1/2 hour live call in show, we discuss why some houses aren’t selling in today’s market and what you can do about it.
Why Didn’t My House Sell
Updates on the Greater Boston Market
How to Have It Sell, Not Sit
You can listen below or click to download the MP3 file:
One of the pieces of last week’s economic stimulus package is a temporary increase in FHA (Federal Housing Administrations) loan limits. The current FHA loan limit of $362,790 for Middlesex County meant that a lot of our market couldn’t use FHA programs. Although the new limits haven’t been announced yet, it looks like the temporary [...]
Are you thinking of taking advantage of the decline in the market to purchase an investment property? Well, thanks to some upcoming changes by two of the country’s largest private mortgage companies, you’ll have to have a higher down payment.
MGIC and PMI Group will soon be requiring a minimum of a 10% down payment on [...]
All of the latest news about the real estate market sounds so doom and gloom. Yes, there are mortgage companies that have closed their doors and there are less loan programs available. One of the types of loans that has disappeared is the 100% financing, stated income programs. A stated income program lets someone say, [...]
