American Brewery Lofts Development just announced that they are going to auction off their remaining 21 lofts! On Saturday, June 26, 2010 these lofts are going to be auctioned off at 50% discount!!! About American Brewery Lofts Historical elements have been preserved and enhanced ranging from over-sized industrial windows, vaulted brick ceilings, ornamental metal, terra [...]
In 1934, the Federal Housing Administration (FHA) was created by the National Housing Act for the primary purpose of insuring long-term residential mortgage loans and, thereby, promoting home ownership in the United States. Today, the FHA is the largest government insurer of mortgages in the world. FHA loans have surged in popularity. In 2005, government-backed [...]
The number of single-family homes put under agreement in April in Massachusetts was up 25 percent compared to the same time last year, while condominiums were up 22 percent, according to the Massachusetts Association of Realtors (MAR). This marks the tenth straight month the number of both single-family homes and condominiums put under agreement had [...]
Impeccable one of a kind South End Condo, 2 Bedroom / 2 Full Bathroom Penthouse with spectacular private roof deck with panoramic views. Ideally located between Back Bay and South End Restaurants in a 3 unit 100% owner occupied brownstone. Entertain in the loft like living room with restored pine floors, custom built-in perfect for [...]
Just months after opening a 28-story tower in downtown Boston, the owner of the upscale W Boston Hotel and Residences filed for bankruptcy protection yesterday, a stunning financial breakdown for a developer that labored for more than a decade, only to open as the hotel market plummeted and condo sales still had not picked up. [...]
An affiliate of the Davis Cos. has scooped up the remnants of a soured condominium project in Boston‘s Fenway neighborhood for $13.51 million. The company purchased 41 unsold units at the Audubon Park development at a foreclosure auction yesterday. “We think this is a great opportunity,” said Jonathan Davis, CEO of the Davis Cos. “At [...]
Sales of single-family homes and condominiums in Massachusetts surged by double-digit percentages in March compared to a year earlier, while prices for both also continued to rise, according a new report by The Warren Group. “We’re seeing a significant turnaround in the local housing market. Monthly home sales have been increasing year-over-year since last July [...]
The Archon Group and Goldman Properties have scaled back the size of their proposed Fort Point residential tower, bowing to pressure from the Boston Redevelopment Authority and neighborhood residents. In backing off plans to plant a 240-foot tower at 319 A St. Rear in South Boston, Archon and Goldman are also pulling a significant community [...]
FP3, one of Boston’s hottest loft buildings, now passes the Fannie Mae standard for mortgage guidelines as the number of units sold is now more than 51 percent. In the past 6 months, FP3 gained great momentum and sold over 24 units! “This is a great opportunity for buyers to procure conventional financing, which is [...]
Mayor Thomas M. Menino is threatening revoke permits for the stalled downtown Filene’s redevelopment and is accusing one of the developers, the Boston Globe reports. Menino’s move comes after comments made in New York by Vornado Realty Chairman Steven Roth, which Menino said indicate Vornado is deliberately stalling work in a gambit to get government [...]
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