February 2008

Bay Village: Not the South End

Most of Boston’s neighborhoods posses a defining quality usually summed up in a word or two: Beacon Hill, money; Back Bay, fashion; North End, food. Bay Village, however, lacks any simple word-association. Moreover, most couldn’t begin to describe Bay Village because nobody knows it exists, not even most Boston residents. Those who mention Bay Village […]

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The View From the Ground Is That Buyers Are Calling the Shots

So, according to Forbes, Berkeley is the second most overpriced suburb (ouch that word hurts) in the United States of America. Why? Because it takes 14.7 years of total earned salary for the median-income ($51,256) Berkeley household to afford the median priced home ($752,500). While the report accepts these figures might be distorted by the

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Lenders Impose “Declining Markets” Restrictions in Some Areas

In an increasing effort by banks to tighten up the lending process and mitigate risk, some are requiring a larger down payment if you happen to live in a zip code on their “declining markets” list. As reported by nationally syndicated columnist Kenneth Harney in Sunday’s Chronicle, Countrywide Financial has labeled each of the nine

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