Market Data

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Boston Apartment Building Sales Slow

You don’t have to be an economist or a statistician to see that there are a lot of apartment buildings on the market right now. Pick up tomorrow’s Globe and look in the income property section and there are more buildings listed there than I have seen in 6 years, at the same and sales [...]

19Apr2008 | Brecht Palombo | 0 comments | Continued
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Market Snapshot: Somerville, MA Multifamilies

I like to take a look on a regular basis at data and get a feel for what’s happening in real time versus just what’s being reported to me in a general sense. Tonight I looked at Somerville, MA multifamilies. This is an area where I began my career and where I’ve sold a number [...]

17Apr2008 | Brecht Palombo | 0 comments | Continued
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Top Brass Weighs in On Home Prices

The New Housing Starts numbers came out today and as you might expect they were at their lowest point since March 1991. Buried in one of the articles I was reading was a crystal ball owner, the CEO from JPMorgan Chase.
“It’s hard in almost all these mortgage areas to say exactly what’s going to happen [...]

16Apr2008 | Brecht Palombo | 0 comments | Continued