As the real estate market continues to slide, it has become more and more critical for home buyers to watch the market. Many sellers that are forced to sell in this market sometimes list their homes for rock bottom prices for a fast sale in anticipation of further market declines. As a result, ho
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07/29/2008
From Boom To Bust The market conditions that led to the current real estate crisis are the result of pro-longed historically low interest rates, lax mortgage guidelines that were bent, and even broken in some cases, and the philosophy that anyone can own a home. It was never easier for consumers
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06/13/2008
In May 2008, Boston Condominium sales volume decreased from 536 in May 2007 to 429 in May of 2008. This represents a 20% decrease in volume. Prices remained relatively even for the same period. In May of 2007 the Median price for Boston condo was $389,450 while in May of 2008 the median price was
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06/13/2008
In May 2008, Boston single family home sales decreased from 111 in May 2007 to 73 in May of 2008. This represents a 34.2% decrease in volume. Prices also decreased for the same period. In May of 2007 the Median price for a single family in Boston was $385,000. In May of 2008 the median price was
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06/13/2008
Through the first quarter of 2008, San Francisco home sales are down approximately 55% in volume but prices experienced a slight rise of 3% based on the median value, compared to quarter 1 of 2007. While homes sales volume has dipped into a range not seen since 2003, the median value of homes ha
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06/06/2008
As oil prices continue to rise, consumers are looking for ways to increase their savings at the pump. Gas prices are hitting historic highs and many consumers are beginning to panic. More and more people are using public transportation and alternatives such as biking or walking. One way that con
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06/05/2008
It appears that Google is looking to write your next mortgage. (Well not quite in the US yet) Search Engine Land reports that Google has launched Google Merchant Search in the UK. The service is similar to Lending Tree in that consumers can now use Google to comparison shop for loans and view len
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06/02/2008
The Mandarin Oriental is a highly anticipated luxury real estate project located at 800 Boylston St in the Back Bay of Boston. The building will feature 50 condominiums, 25 apartments, 148 guest rooms and mixed retail space including a 16,000 square foot spa. The Mandarin and its highly touted ma
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06/02/2008
An age old dilemma that has perplexed many of the greatest business minds to ever walk the earth is a question that can be summed up in one word: ‘When?' When will the bubble burst, When will the market peak? When will the market bottom out? When will we know if we are in a recession? When will
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05/30/2008
Through the first quarter of 2008, Phoenix home sales are down approximately 50% in volume and 14% in value compared to the quarter 1 of 2007. While the median home value has dipped in the range of the prices not seen since2005 and 2006, home sales volume has diminshed at a much greater rate. P
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05/28/2008
