Worcester is 3rd Worst for Tenants-What does it mean for the Landlord?
Tuesday, April 23
I have had this article pop up at least 3X a day on my various news feeds. https://drive.google.com/file/d/1ERaUGcAoG2deKIUJRFzKtOOQ1GK... Some highlights: 7th worst for available rentals2nd worst vacancy rate 1.7%Median rent $2075Year over year increase of $175Worcester is bottom 5% of income fo...
Utilities and Rent, can your tenant pay both
Tuesday, April 23
There are a bunch of articles that have come out recently that have brought up the issue that people are having a difficult time paying their utilities. There was an article in USA today on 4/10/24 that said that home heating costs were down but remained at $836 for the year. If that is across...
Can the tenants pay the rent in 2024?
Thursday, March 21
This is an interesting article with some sad news and a quick summary. https://drive.google.com/file/d/1VqFMV_xalaCHCaWROOzoUsOwb0b... Tightening Credit Standards: Banks are implementing stricter credit standards, a move that could have varied consequences depending on individual circumstances.S...
What does the Realtors' Settlement mean in Worcester
Thursday, March 21
In the dynamic world of real estate, shifts in industry practices often spark lively debates and discussions. One such development that's been making waves recently is the evolution of commission structures, particularly concerning the compensation of buyer's agents. Let's delve into what this ch...
The real reason the old Fallon Health HQ is going to become housing
Wednesday, February 21
There is much excitement over the proposal from Synergy Investments to turn One Chestnut Place and Two Chestnut Place from office buildings into housing. Most will know the big building as the GREEN ROOF building just west of Downtown Worcester.https://www.telegram.com/story/news/local/2024/02/0...
Are there too many real estate agents?
Thursday, January 25
Just read an article by Lew Sichelman https://www.uexpress.com/home/housing-scene/2024/01/05 Frankly I have to agree. It is really easy to get your real estate license, but very hard to know what you are doing. It is not a business that you should be doing part time if you are working for other ...