Wednesday, April 20, 2005

Boston Boom Bust

"While Beacon Hill and neighborhoods such as Dorchester and Roxbury don't typically rub shoulders, the two ends of the Hub housing market may be sharing symptoms of a coming real estate chill, experts say.

Condo sales on Beacon Hill fell nearly 50 percent in March, according to a veteran neighborhood dealmaker.

Meanwhile, mortgage defaults are spiking in Dorchester and Roxbury, while single-family home and condo prices are down, the Herald has reported.

The news comes as the Commerce Department reports a 17 percent March plunge nationally in housing starts, the largest decline since 1991.”


1 Comments:

Blogger upper-class said...

Great blog. I surf the web looking for blogs like
this. Your site was on point and will be back again!
Look into my low fee cash advance blog.

Sunday, February 05, 2006 1:10:00 AM  

Post a Comment

<< Home