The Lowenstern Team's Blog

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General information on real estate. Also, general information and real estate information on Massachusetts and Middlesex County and on Newton, MA and towns and cities in the area. These include Brookline, Needham, Wellesley, Watertown, Weston, Waltham, Dedham, etc.

ARCHIVED BLOG POSTS

2007 

I will be conducting an open house for this condo from 11 am to 12:30 pm on Sunday, December 2, 2007.This is a wonderful 1 bedroom condominium in Coolidge Corner!  This lovely unit is located on a tree lined street.  Enjoy the high ceilings, hardwood floors, lovely mouldings, eat in kitchen and l...
11/30/2007
In an earlier blog I talked about "Why Join A Credit Union?" I discussed their higher Certificate of Deposit rates and lower loan rates then traditional banks. Well I just found another advantage.  I recently received the monthly newsletter from one of the credit unions of which I am a member and...
11/27/2007
One of the most important pieces of information  agents should know is the inventory of the area they are marketing.  Buyers expect their agents to be an expert in the local market area. Here are some tips on how to learn about your market inventory: Research the Multiple Listing Service everyday...
11/27/2007
Do you dream of living in a castle or palace? How would you like to live in a palace in France, a castle in Spain or a king's lover's hunting lodge in France.  These and many more international and U.S. luxury properties can be found in Castles Magazine and their web site www.castlesmag.com.  The...
11/27/2007
Yea! I have to congratulate myself for reaching a milestone yesterday; I reached 10,000 points. I joined ActiveRain in mid-October, 10/16/07 to be exact. During that time, a month and nine days, I posted 37 blogs, received 37 comments and made 19 comments. I now rank as #3 in Newton, MA; #9 in Mi...
11/26/2007
With the number of foreclosures increasing, foreclosure scams are also on the rise.  The Mortgage Bankers Association estimates that this year 1.35 million homes will enter the foreclosure process and that in 2008, this will increase to 1.44 million homes.  These both are significant increases fr...
11/25/2007
Now is a great time to remodel your home or even have one built.  Because of the housing slump, the cost of almost everything used to remodel or build a house has gone down in price.  You can also get things done much faster than during the heyday of the housing boom. Not only are materials less ...
11/23/2007
2 Comments
In the December 2007 issue of Money magazine there was an article entitled "Last of the Red-Hot Markets" by Joe Light. According to the article the following areas in the country had median home prices that increased by more than 10%  in the last year:                                             ...
11/22/2007
A reverse mortgage is a loan, with your home as collateral, that you do not have to pay back for as long as you live there. With a reverse mortgage, you can  receive cash without to repay the loan each month. The cash you get from a reverse mortgage can be paid to you in several ways: in a singl...
11/22/2007
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Wikipedia defines an offset loan as a type of lending arrangement, usually a mortgage, in which a borrower also maintains a savings account with the lender.  Instead of receiving interest on the savings account, the interest payment due on the loan is calculated only on the net balance of the loa...
11/21/2007
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George Koppel,

The Lowenstern Team
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General information on real estate. Also, general information and real estate information on Massachusetts and Middlesex County and on Newton, MA and towns and cities in the area. These include Brookline, Needham, Wellesley, Watertown, Weston, Waltham, Dedham, etc.