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Real Estate Investing and the Mob Mentality

A friend of mine sent me a copy of the Property section of the South China Morning Post during a recent business trip. It seems there’s no end to the abuse the US real estate market is getting in the press, ALL the press. Click on this link to see what’s being said overseas. Chinese [...]

10Jun2008 | Brecht Palombo | 0 comments | Continued
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Massachusetts Foreclosures Break Another Record

I want to stop writing this type of headline quarter after quarter. This news from a press release just out from foreclosuresmass.com. This comes on the heels of the National Association of Realtors report that pending home sales dropped to a new low…which was immediately followed by a report, from the same organization, that said that home sales were going to improve over the summer.

8May2008 | Brecht Palombo | 0 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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