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

Some smarty-pants Professor from Yale got the NY Times to publish his thoughts about solving the foreclosure crisis. As I was unable to get an op-ed piece in a major newspaper, you can read a few of my thoughts on this same issue from a previous post. That stated, Mr. Geanakoplos, along with coau...

A needed step appears to be taking place in the Massachusetts housing market. The Massachusetts Association of Realtors® reported September 2008 market data recently, and the housing correction continues. Feel free to read all about it over at Bay State Realtor News. Here is an excerpt: “The inve...

Finally! Some tough questions for the CEOs of the big three: Moody’s, Standard & Poor’s, and Fitch, the credit rating agencies that many feel are ultimately responsible for the sub-prime crisis and ensuing meltdown on Wall Street. For a little background, see my previous post questioning who is t...

There will be three ballot questions facing voters this election cycle in my home state of MA. They are each important, but the one that will affect your money the most is question one. What is question 1? Should MA eliminate personal income tax? Read more about this question on this page sponsor...

It appears our economy is in a bit of a spot right now. No kidding, right? We learned over the past few days that our U.S. banking system has effectively been nationalized. How did this happen? Hammerin' Hank, of course. Paulson conspired worked with his Wall Street buddies, the Federal Reserve, ...

Having a great day? Here's a bit of news to bring you back down to earth. In 1989, real estate developer Seymour Durst created a big clock that tallied our government's debt. Durst was so amazed, dismayed, and outraged that the national debt was approaching $3 trillion (a paltry $2.7 trillion at ...

The Federal Reserve opened its coffers once again in an effort to abate the current credit crisis, at least in this country. One of the big current problems involves banks and other companies refusing to lend each other short-term money, often referred to as commercial paper. The major problem in...