John Morrison - Boston area real estate - Everything you need to know about buying in Massachusetts

The power brokers in Washington just met for a photo shoot and gave some brief comments about the pending bailout that has dominated the news in recent days. After negotiations between both parties, Sen. Chris Dodd announced that they have agreed, in principle, to the principal amount. Got it? He...

The power brokers in Washington just met for a photo shoot and gave some brief comments about the pending bailout that has dominated the news in recent days. After negotiations between both parties, Sen. Chris Dodd announced that they have agreed, in principle, to the principal amount. Got it? He...

Big Hank went before Congress today to ask for a sizable investment into his fund. He says he needs $700 billion from us, and congressional folks are so far trying to sate him somewhat by contributing $150 billion over the next couple months. The questions are many, and for those of us who are no...

Hank Paulson's hedge fund (HPHF) has struck again. They are taking a bunch of bad debt off the hands of the U.S.' largest financial firms. No, they're not banks any longer, simply financial firms. Banks are not having troubles like these multinational companies are. From my understanding, HPHF wi...

Have you heard about Fannie Mae and Freddie Mac? Most likely you have, but in case you haven't, here's a quick recap... These two government sponsored enterprises that own, sell, insure, and generally slice-and-dice our mortgages were helped out by the U.S. government almost one week ago. Helped ...

You know who you are. You know you need to read this, because your posts will be around forever (theoretically), and you don't want people thinking you are a numbskull, do you? I have only written one post before now that is not related to real estate, but I'm fed up. This is not comprehensive, b...

The following numbers come from the Massachusetts Association of REALTORS® (MAR). Surprise surprise, prices are down as are the number of units sold. It is interesting to note that condo prices statewide dropped a very small amount on average. The towns north of Boston were hit a little harder, w...