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Commercial Lenders Report More Default

Most of the first quarter thrift reports are in from Massachusetts’ commercial lenders. In my last Non-Accrual and REO report for these lenders I reported that across the board lenders were reporting more non-accrual and OREO. You can check that post if you need a definition for non-accrual, OREO is the property that a lender [...]

1May2008 | Brecht Palombo | 0 comments | Continued
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How to Get More Income From Your Investment Property This Year

Maximizing your NET income is the name of the game when it comes to income property, isn’t it? There are however two numbers to look at when we’re talking NET - these are the before tax and the after tax numbers.
Taxes have a significant impact on the real dollars in one’s pocket, and minimizing the [...]

29Apr2008 | Brecht Palombo | 2 comments | Continued
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Massachusetts Residential Market Takes a Beating

The Warren Group reported today that Massachusetts housing prices worsened and both sales and values declined substantially again in March (08).
single-family homes in Massachusetts fell more than 10 percent in March, the second-steepest price drop since The Warren Group began recording prices in 1987. The last time prices declined by more than 10 percent was [...]

28Apr2008 | Brecht Palombo | 0 comments | Continued
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