Measly returns on Wall Street over the last few years make the hottest housing market on record seem like a sure thing. It’s not. By Forbes.com Where’s a better place to put your money: the stock market or real estate? These days the accepted wisdom (at least at cocktail parties) says to pick real estate. [...]
Beauty may be in the eye of the beholder, but defining what makes a luxury home luxurious depends on more than just your eye. Though personal taste is still the most important factor in finding a luxury home, what makes something a ⦡mp;#8364;œluxury⦡mp;#8364;? home depends on a number of factors. According to several Boston area [...]
A new analysis shows that cash-strapped state and local governments have increasingly come to depend on property taxes to fill revenue shortfalls as other sources of income soured. Though not an unexpected trend during economic downturns, the reliance on property taxes has lasted well beyond the end of the recession of 2001. Economists say it [...]
Some 930,000 new houses were sold in America last year, most of them variations on only a few basic themes. There are good reasons for this: Builders figure Colonials, capes and other traditional styles have the broadest market appeal. With an modern and unusual house design consider the following: Expect to be able to borrow [...]
NEW YORK (CNN/Money) – Housing prices continue to defy forecasts of a slowdown. Nationally, median home prices gained 8.8 percent in the fourth quarter versus the same period in 2003, according to a National Association of Realtors (NAR) report. Here are the figures for areas around Massachusetts (Nantucket wasn’t listed) Boston MA 9.4% $387,800 Springfield [...]