Economists were split on whether the central bank would actually cut a key rate when officials meet Tuesday, but it was widely agreed that the Fed will at least open the door to reducing rates in the weeks ahead if financial markets do not stabilize.

Boston buyers are hoping that the Fed comes through.

We will be conducting a Sunday Open House from 11:30am - 1:00pm at 6 Goodwin Place #1. This is a great chance to own a Beacon Hill studio for only $299,900.00. More info call Linda Mitrano at 617-512-4557 or at 617-720-5454.

Nearly 102,000 homeowners lost their properties to foreclosure in August, up nearly 6 percent from July and more than 80 percent higher than in August 2007, according to data released Monday by Foreclosures.com, a provider of foreclosure information.

Two new Boston luxury condos just came on the market:

1. The Mandarin Oriental #10B - $6,500,000.00 this is a three bedroom, 3.5 baths with 6 rooms.

2. 2 Avery Street - Boston Ritz Towers - $4,250,000.00 6 rooms, 3 bedrooms and 2.5 baths.

More iinfo call the listing broker or have us represent you as a Boston Buyer Broker at 617-720-5454.

Toll Brothers one of the largest residential builders showed a lost of $29 million last quarter.

 Tallest buiding in the world it's 2,527 ft and 160 stories tall.

Sometimes home buyers want to buy a brand new home instead of a re-sell home. Home buyers sometimes want to buy a new house from a home builder.

There are some things that are very important that must be considered when thinking of buying a brand new home or townhouse or condo.

Obviously, whenever purchasing real estate, a home buyer should always be represented. This doesn’t mean being represented by the Listing Agent who represents the Seller or a new home subdivision personnel who represents the Builder.

All home buyers need professional representation by a Boston Buyer Agent who will you solely represents the home buyer’s best interest.  Many new home builders offer the Buyer’s Realtor a commission if the Realtor brings the home buyer to the subdivision. A Boston Buyer Broker can negotiate the best price, and terms for home buyers.

One very important aspect of purchasing a new Boston single-family, condo or townhouse from a home builder is to make sure that the builder is solvent, at least as much as you possibly can. Personally, I would only buy a new home from a builder if it was at the end of a project versus at the beginning.

There are builders in our region who have gone out of business and each month there seems to be another one to add to the list. This may seem insignificant to you, but believe me when I say, that it has a very significant impact on every new home buyer in a subdivision where the home builder has filed bankruptcy.

Liens are placed on each and every new home in a subdivision where the builder has gone out of business. Sometimes as many as 16–18 liens have been placed on the homeowners property in a subdivision. Not only are the liens placed on homeowners who purchased a house in the subdivision but the remaining portion of the subdivision is not finished and becomes quite an eye sore.

Tip: When considering buying a new home at a new home subdivision be sure to:

1. Contact your Realtor and get proper representation before visiting any new home builder subdivision.
   
2. Get a Home Inspection of the new house or new condo. Don’t have the builder represent you.
   
3. You don’t have to use the new home builder’s lender. Many times you can get better loans elsewhere.


4. More info call Ford Realty at 617-720-5454

The facts are there for anyone who wants to look at them. When Joe Biden Sr. died in 2002, his obituary in the News-Journal of Wilmington reported that when he married in 1941, "he was working as a sales representative for Amoco Oil Co. in Harrisburg."
It went on, "Biden also was an executive in a Boston-based company that supplied waterproof sealant for U.S. merchant marine ships built during World War II. After the war, he co-owned an airport and crop-dusting service on Long Island." Upon moving his family to Delaware, the News-Journal said, Biden "worked in the state first as a sales manager for auto dealerships and later in real-estate condominium sales."
Executive, co-owner and manager? Those titles identify the jobholder as solidly middle class, if not better. They fall in the category of white-collar occupations, not blue-collar.
And Biden Sr. clearly knew the difference. In his book, "Promises to Keep," Biden writes that his father was "the most elegantly dressed, perfectly manicured, perfectly tailored car sales manager Wilmington, Del., had ever seen."