Channel 5 announced today that Bank of America is going to institute a new program in May that will help homeowners who are upside down – who owe more than the current value of their home on their mortgage. This may help keep people in their homes. Why expect a bank to do this? A [...]
Everyone has been struggling with the housing market. Naturally, homeowners are reluctant to list their homes for sale for fear that the property will sit on the market and either nothing will happen, or they will only get very low offers. But consider this: possibly due to the April 30th deadline for the Homebuyer’s Tax [...]
Day 2- Celebrate Spring!!! As the ground warms in the Spring, the amphibians wake up. Salamanders and frogs cease hibernating and head to vernal pools to lay their eggs. Monday- with the rain predicted and the warmer temperatures- will likely be a “Big Night” event. In Massachusetts, roads are closed in places and volunteers come [...]
Looking at stats is great. Numbers give any predictions that you make a more solid footing. But the thing with statistics- real estate included- is that the numbers discuss what has already occurred. Predictions are always uncertain. Economists will look at the same numbers and come up with different conclusions- and the thing is, someone [...]
Inspired by House Hawker or Trusted Adviser? by Rob Hahn The effects of the economy on the housing market – and vice versa – have not been consistently predicted. I think that very few people correctly predicted the length of time that housing values have been in decline, and I seriously doubt that anyone can [...]
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