East

Cutting Off Your Nose To Spite Your Face, MLS’s in Action

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!CondoDomain Boston got itself in hot water. They added new content and features to their site.
Yep, they made things better for the consumer. But they also added one last piece to the puzzle, they are now a licensed real [...]

4Jun2008 | Tom Royce | 3 comments | Continued

Massachusetts Broker Has Interesting Perspective On Real Estate Market

I found this article on a local Massachusetts newspaper, the South Shore Insider, that has an interesting take on the real estate market south of Boston. It captures the true essence by a broker that has served as the president of the Massachusetts Association of Realtors.
David Wluka has a brilliant line that is probably [...]

31May2006 | Tom Royce | 0 comments | Continued

Westchester, NY Homes Prices Stabilizing - Boom Is Over

The bad news is that the housing boom in one of the hottest regions in America is over. The good news, home prices are not falling out of bed. They have stabilized with solid single digit year over year increases. The overall pricing is down since last summer, but there is not a complete meltdown [...]

26Apr2006 | Tom Royce | 1 comment | Continued

JFK’s Grandfathers Summer Home Sells At Auction for Steep Discount

The Hull, Massachusetts home of John F. Kennedy’s grandfather sold at auction at a steep discount Tuesday for the price of $950,000. The home had been fraudulently purchased by Jamie Edelkind who was sentenced for 5 years in jail. He was convicted of using phony mortgage and payroll documents. The assessors office appraised the land [...]

30Mar2006 | Tom Royce | 1 comment | Continued

Housing Market to Dip in 2006, Bounce Back in 2007 According to Economists

Cathy Minehan, the head of the Federal Reserve Bank of Boston and David Lereah, the chief economist of the National Association of Realtors, told a group in Boston yesterday that the housing market will slow down in 2006 and into 2007 but then rebound at a slower rate later in that year. This is good [...]

21Mar2006 | Tom Royce | 2 comments | Continued

Massachusetts Market Slows - But Still Increasing

In what would be a surprise to many, the Massachusetts Real Estate Market did not go in the tank as many had expected in the 4th quarter. While the rate of appreciation was not stellar, housing prices still rose 1.5 percent on slower volume. The market may be finding its equilibrium instead of going into [...]

19Feb2006 | Tom Royce | 0 comments | Continued

Fenway Park Neighborhood Set For Major Transformation

The Green Monster and Kenmore Square are the key names in the area outside of Fenway Park, traditionally a college and middle class neighborhood. It looks like the powers of gentrification and high rise buildings are moving in and going to transform the area into a showplace.

McQuillan said he and Samuels are close to assembling a [...]

9Feb2006 | Tom Royce | 0 comments | Continued

The Plaza Private Residences - New York Realty

The famed Plaza Hotel is now offering private residences for sale. The property is offering 1, 2, and 3 bedroom units and Duplex and Triplex Penthouses for sale. Pricing is not set, but if you go into the registration section of the Plaza Residence website, you can see the approximate pricing for the property.

1 Bedroom [...]

24Dec2005 | Tom Royce | 3 comments | Continued

Truth is stranger than Fiction

Tell me this is not right out of a Soprano’s episode from a couple of years ago. The politician greases the wheel to get a previously undeveloped property for the powerful development firm. In no way am I implying that this is the case in reality, but the irony and perception has to make some [...]

16Dec2005 | Tom Royce | 0 comments | Continued

Fairfax County Developers Creating Advocacy Groups

It looks like the developers are using the tactics of their opponents in areas where they feel high density growth is needed.

They look like citizens. They sound like citizens. And now they are starting to act like citizens.They are showing up at public hearings wearing T-shirts proclaiming that they are “Citizens for Better Life” [...]

7Dec2005 | Tom Royce | 0 comments | Continued