Massachusetts Home Buyer Guide - For MA Home Buyers, By An Exclusive Buyer Agent
News, tips and general information for MA real estate home buyers and homeowners published by real estate broker and attorney Richard Rosa.
ARCHIVED BLOG POSTS
2007
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The Boston Herald reported September 14, 2007 that building permits for new homes in Massachusetts have declined more than 35 percent since 2005."A review of U.S. Census statistics by the Herald shows that building permits issued to state contractors for new single-family homes fell by a whopping...
09/21/2007
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RealtyTrac, Inc., a California-based company that tracks the foreclosure market, released data that showed U.S. foreclosure filings in August jumped 115 percent compared to August 2006 and rose 36 percent compared to July 2007, the Boston Herald reported September 18, 2007. "The filings include d...
09/21/2007
U.S. mortgage applications rose 4.6% compared to the previous week, Fox News reported September 19, 2007. The increase marked the third straight week the Mortgage Bankers Association survey revealed a rise in mortgage applications. Some analysts have begun to question the value of the survey as a...
09/21/2007
Your high school quarterback son need some help reading defenses or spotting the open receiver? Well, then move in next door to Patriots QB Tom Brady. The Boston Herald reported (actually using the Boston Globe as a source) September 13, 2007 that Brady is selling two condo units he owns in a Bea...
09/21/2007
More than 8,700 Massachusetts home owners have lost their homes to foreclosure since state officials began debating in January on how to fix the state's foreclosure crisis, the Boston Herald reported September 21, 2007. Despite another hearing on Beacon Hill regarding the foreclosure issue Septem...
09/21/2007
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In an effort to withstand soaring foreclosures, Countrywide financial will cut as many as 12,000 jobs, the Boston Herald reported September 8, 2007. "The cuts, amounting to as much as 20 percent of its work force, are needed because the company expects new mortgages to fall about 25 percent in 2...
09/21/2007
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Average rates for U.S. 30-year, fixed-rate mortgages rose from 6.31 percent to 6.34 percent, USA Today reported September 20, 2007. A year ago the 30-year loan averaged 6.40 percent. Average rates for 15-year, fixed-rate mortgages stood at 5.98 percent, up from 5.97 percent the previous week. Las...
09/21/2007
An interesting post on the Real Estate Cafe Weblog talks about the psychology of home buyers and sellers, and how that psychology can impact the market. The author discusses something called the "negative cycle." You can listen to an audio report from August 30, 2007 about the current state of t...
09/12/2007
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A home in Edmonton, Canada is reducing its price $1,000 per day until it is sold. The real estate agent selling the home announced the strategy August 31, 2007. The strategy certainly has produced publicity. What do you think of this strategy?Has anyone heard whether the house has sold? See a ph...
09/12/2007
According to CNN, an East Hampton, NY home that sold this year for $103 million was the most expensive home sale ever in the United States. Don't worry, you still have several opportunities to be the proud owner of the most expensive home in the country. View a CNN video about five remarkable hom...
09/12/2007
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News, tips and general information for MA real estate home buyers and homeowners published by real estate broker and attorney Richard Rosa.