Author name: Boston REIA

Many people think that being rich is about having enough money to do whatever you want. However, these same people miss an IMPORTANT POINT. Having millions of dollars may make you “financially rich”. However, you will have lived a “poor life”, if you were a “slave to money” and did not have adequate time for […]

Foreclosure Completions Increase 64% Annually in November ’22 According to ATTOM Data’s latest U.S. Foreclosure Market Report, there were 30,677 U.S. properties with foreclosure filings (default notices, scheduled auctions or bank repossessions).  This figure was up 57% from one year ago but down 5% from October.  In addition, they report that REOs represented 3,770 U.S.

What Languages Are Spoken in the United States? The U.S. Census Bureau says that the number of people in the U.S. who spoke a language other than English at home nearly tripled from 23.1 million (roughly 1 in 10) in 1980 to 67.8 million (almost 1 in 5) in 2019.  Interestingly, at the same time,

America’s Demographics Over 100+ Years The folks over at the Visual Capitalist remind us that America has famously been called a melting pot, due primarily to the demographic makeup of its various cultures, races, religions, and languages.  Today’s interactive infographic assesses how America’s demographics have changed from 1901 to 2020 as population grew from 77

Boston Realty Party: What should be thrown overboard to reform the real estate cartel? OPEN LETTER to Consumer Advocacy Community: (Excerpt from email to legal aid organization) As #PriceCorrrection2022 unfolds, the magnitude of consumer harm is growing and regulatory… The post Boston Realty Party: What should be thrown overboard to reform the real estate cartel?

Black Knight VP; Housing Market “Extremely Unaffordable” Right Now On a recent episode of CNBC’s Exchange, Andy Walden, Black Knight VP of Enterprise Research, discussed what he thinks are keeping homebuyers away from purchasing, what pent-up housing demand means for the market in 2023 and other housing-related issues. “[the]Housing market [is]‘extremely unaffordable’ right now despite

Investing in alternatives in your IRA is a different process than if you were investing outside of an IRA. Some investors, not realizing the differences until it’s too late, have made mistakes that have forced them to lose the tax-advantaged status of the account, caused them to miss out on investments, or other avoidable consequences.

The Blame Game is a No-Win for Landlords The Blame Game is a No-Win for Landlords By Scot Aubrey If you have spent more than 30 seconds in the last year watching cable news, you are more than familiar with something called “the blame game.”  Regardless of political party affiliation, age, race, gender, sexual preference

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Zillow’s 10 Best Metros for First-Time Home Buyers in 2023 A recent analysis from Zillow says as the share of buyers purchasing a home for the first time rebounds to pre-pandemic levels, Wichita, Kansas tops the list for for potential first-time home buyers.  In fact, six metros in the Midwest are on that list as