Recently, we’ve heard quite a few horror stories from potential buyers in search of financing for a new home. In one case, friends of ours thought they had financing in place. But after they made an offer on a home, suddenly they discovered the bank had withdrawn its approval. In another case, detailed on Boston Real Estate Blog a bank refused [...]
If you’ve been following the news, you probably already know that Boston downtown condo sales are off sharply. According to the Listing Information Network Inc. (LINK), inventory in the downtown condo market dropped 16 percent, from 1,022 in September to near a record low of 863 in December.
Now that Spring is here, the traditional selling season [...]
There’s been a pall cast over the Fenway in recent months. A devastating fire ripped through one block on Peterborough in January, destroying 7 restaurants that had provided sustenance and verve to this area. Gone are Thornton’s Grille, Sorrento’s Italian Restaurant, Rod Dee Thai Restaurant, El Pelon Taqueria, the Greek Isles and the Umi Japanese Restaurant.
You can see [...]
Small space-living is one of our favorite topics at Mondoboston. The reason? So many of us in Boston live in uber-tiny apartments and condos. Even big old Victorians and rowhouses that once housed just one family have often been broken up into smaller units. And if you ask us, it’s not a bad thing. Smaller [...]
Oddly enough, Kenmore Square has never really lived up to its potential.
Years ago, the square was an eclectic student hang-out. There was the old Rathskellar music club where local bands could play to beer-swilling crowds. There was an IHOP right in the thick of things, offering eggs and pancakes to quell that hangover after a night of clubbing. [...]
It’s always interesting to hear what economists have to say about the housing market. And by now, we’ve heard everything, including that prices will be headed back up by the end of the year.
But here’s an interesting voice from Dennis Torres, director of real estate operations at Pepperdine University’s School of Business and Management.
According to [...]
Here’s good news for condo buyers: 40 units in the Longwood Towers, a 1920s condo complex in Brookline located near the Longwood Medical area, will be auctioned off on April 4. Minimum bids start at $199,000 for studio apartments, $335,000 for two-bedrooms, and $860,000 for three-bedrooms. The Tudor-style building has a concierge, a doorman, and views of downtown Boston [...]
Ever get tired of the confusion and chaos that so many coffeehouses have become? You wait in line. Baristas yell out a cacophony of orders every few seconds. The tables are full, so there’s nowhere to sit. Strollers block the aisles. If you do find a seat, you are jostled and bumped by people on [...]
So what can you buy for less than $300,000 in the South End? The answer used to be “virtually nothing.” These days, however, the answer is “not much.” But still, that’s better than nothing. We found what appears to be a real steal on the market: a one-bedroom condo near Massachusetts and Columbus Avenue for [...]
Author Richard Florida has been all over the airwaves lately discussing how the economic crash will reshape America. It’s his view that the current economic crisis will accelerate longterm changes already afoot. For instance, he forsees the continued decline of certain Rust Belt cities, like Detroit, Cleveland and St. Louis, and the growing eminence of powerful [...]
