Map showing how high housing prices are in Boston neighborhoods. No real surprises (although I would have thought West Roxbury would be "hotter") but interesting mashup.
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housing prices
By adamg - 7/17/07 - 8:21 am
Rob Sama argues that Deval Patrick's $250-million sub-prime-mortgage bailout plan really benefits shady operators at the expense of prospective home buyers:
... That's an easy out for lenders. Take a $20k loss instead of a much bigger loss in a foreclosure. Boy are our legislators boneheads. They are essentially giving out insurance payouts to lenders who paid no premium. We, the taxpayers pay the premium. And anyone looking to buy a house will pay the price, an inflated one on the value of their home.
By adamg - 10/21/06 - 10:39 am
John Keith discusses the local housing crisis and says we could learn something from New York by giving developers tax breaks to build new housing and so increase overall supply, rather than forcing developers to set aside a percentage of units in any project as "affordable."
By adamg - 10/13/06 - 8:59 am
John Keith discusses an Economy.com study that claims Boston housing prices have fallen as far as they will.
By adamg - 10/9/06 - 7:01 pm
AnnaB can't flee RCN fast enough:
I switched to RCN a couple years ago since Comcast became too expensive for me. RCN has hiked their fees every six months even though they are constantly plagued with service issues. Now, they are more expensive than Comcast. The final piece de resistance is that I have had missing channels for two weeks ever since they began their program guide upgrade. ...
By adamg - 10/8/06 - 11:58 pm
On the Property Monger, Jon writes that while Zillow may be cool, it doesn't know beans when it comes to Boston property values, because it ranks Roxbury as more desirable than Kenmore Square.
By adamg - 8/14/06 - 8:50 am
Diana delivers the news:
... Four years ago there were no houses under $500,000. Two years ago there were practically none under $600,000. Now there are quite a few under $600,000. Not that those are the "wonderful Wellesley houses" newcomers want, however. Any house in Wellesley that's selling for $650,000 or less will need work (or demolition) to meet the higher standards of today's buyers coming into a town like this.
By adamg - 6/19/06 - 9:00 am
John Keith shows you what sort of home you can buy for $300,000 in different Boston neighborhoods these days.
By adamg - 6/5/06 - 11:10 pm
Borderline reports:
... [I]t's once again possible to buy a single-family detached home in Newton for less than $400,000. ...
By adamg - 3/20/06 - 5:13 pm
Chris Cagle explores the idea that housing in Boston would be a lot cheaper if only government hadn't allowed soul-searing architectural excesses such as Government Center and those "If you lived here" towers. Why? Read his complete post, but basically, it's because to this day, people are wary of large-scale development, even in areas that could benefit from it, if done right, he says.
By adamg - 2/2/06 - 11:31 am
The Beacon Hill Times declares it sees no reason to panic in light of the local real-estate slowdown. After all, this IS Beacon Hill we're talking about, it will always be in demand, and even people who have to sell their condo right now should stop fretting:
... The difference between a couple hundred thousand dollars in value when you're selling a piece of property worth a few million or a few thousand in a property worth hundreds of thousands isn't going to trouble you as much as you think. ...
Well, phew!
By adamg - 1/30/06 - 8:36 pm
John Keith looks at 400-to-500-square-foot condos on Beacon Street going for as much as $479,000:
... Sweet lord.
I'm a real estate agent, and my business is real estate, and I know real estate, and love real estate, but I tell you. There is no way I'd pay that much for a condo that size. ...
By adamg - 10/28/05 - 12:33 pm
Curbed, which long confined itself to covering the real-estate market south of the Bronx and north of Staten Island, has decided to cover our Fair Hub (just in time to watch the local housing bubble burst; hooray, more options for Brooklynites priced out of the City!). But they're having some trouble with the concept that Boston just doesn't have boroughs (kids, they're called "neighborhoods").
By adamg - 10/19/05 - 11:22 pm
The recent Boston Housing Report Card suggests that a growing number of Boston residents, in particular in areas such as the South End and the Fenway, are paying out upwards of 80% of their income for rent.
By adamg - 10/19/05 - 10:14 am
BuffaloPundit used to live in Brighton. Housing prices drove him to Buffalo. But now he wouldn't dream of leaving:
... [W]hat's really amazing to me is that I feel more at home here than I ever did in Boston. I just wasn't "of" Boston. It's a great town, I loved the convenience and amenities of living there, and I miss our friends in Boston, but I never felt like I really belonged there. I feel like I belong here. ...
Based on the comments to his post, he's not the only ex-Bostonian in Buffalo.
By adamg - 10/18/05 - 11:12 am
John Ford of Ford Realty has started a real-estate blog. Unlike some of his colleagues, Ford not only thinks we're in the midst of a housing bubble, he thinks it's about to burst:
By adamg - 4/27/05 - 12:01 pm
John, a real-estate agent, compiles the list, which tops off at a scosh under $14 MILLON (and it's not even in EaBo, although it does come with a washer/dryer).
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