Is the Boston condo market softening?
The Boston condo market has been anything but normal for the last eleven years. In a normal real estate market, home prices appreciate 3.7% annually. Foreclosure News
The Boston condo market has been anything but normal for the last eleven years. In a normal real estate market, home prices appreciate 3.7% annually. Foreclosure News
An unfinished portion of a Stanford Carr Development condominium project at Mauna Lani Resort is scheduled to be sold at a public foreclosure auction next week, following a Hawaii judge's ruling in favor of an investor who sued after the developer defaulted on loans of more than $ 9 million. The foreclosure order granted by […]
The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales have fallen to their lowest points in years. Foreclosure News
In most states, when a consumer wants to buy a condo unit – whether a new one from the developer or a resale – the buyer is entitled to receive a wealth of information, including legal documents and financial information. Pay close attention to all documents. Foreclosure News
The money, a source familiar with the deal said, is enough to plug shortfalls that had threatened to derail construction of the $ 1 billion project. The needlelike tower, which will soar more than 1,400 feet into the air, was envisioned by a partnership between JDS Development and Property Markets Group. Foreclosure News
So why do you need a down payment? One reason Boston lenders require a down payment is that they want to be certain that the borrower is financially invested in the Boston condo . In a lender's mind, the larger the down payment, the less likely a buyer is to go into foreclosure on the […]
The newest Powderhorn Village condominium building, which is connected with the financially troubled Hermitage Club, is facing foreclosure. Stormfield Capital Funding I, LLC filed a foreclosure complaint against Lizandra LLC on Monday in Windham Superior Court Civil Division. Foreclosure News
There is a lot of discussion in Boston about the current state of housing affordability for both first-time and move-up buyers, and much of the narrative is tarnished with a negative slant. However, the truth is that Boston housing affordability is better today than at almost any time in our history. Foreclosure News
It seems that the market will continue to strengthen throughout 2018. However, there is one problem that may have a huge impact on the Boston condo market and that's the lack of housing inventory. Foreclosure News
The mortgage and real estate industries are hopeful that the Federal Housing Administration is moving more aggressively to revive its condominium loan program. The program's scope was reduced during the Obama administration after the FHA had imposed restrictions on condo loan approvals due to crisis-era losses. Foreclosure News