The Herald's Jennifer Athas joins Barry.
Related Audio:
-
Stan Humphries, Zillow Chief Economist, on Boston's Negative Equity Rate
Audio
Thu, 23 May 2013
Stan Humphries, Zillow Chief Economist, on Boston's Negative Equity Rate
residential real estate real estate found at 5:01
haven't gotten ahead of themselves where the bargains lately say your a real estate investor and you got a million dollars to buy. Residential . Real estate weird you go to get the best bargains as the Tennessee is at Florida's Nevada Arizona where it. Working you still get. -
Chris Oddleifson, President & CEO of Rockland Trust on buying Mayflower Bank
Audio
Thu, 23 May 2013
Chris Oddleifson, President & CEO of Rockland Trust on buying Mayflower Bank
bernard parks found at 1:01
orchard outdoor and some of what you are not come the apprentice Bernard Parks -- we're and like. All the for the beach. We keep them all opener we've closed some of those branches -- duplication. -
What's Up On Wall Street - Jeff Cox, CNBC.com
Audio
Thu, 23 May 2013
What's Up On Wall Street - Jeff Cox, CNBC.com
-
Stock Talk - Roberto Pedone, The Street
Audio
Thu, 23 May 2013
Stock Talk - Roberto Pedone, The Street
wall street found at 7:01
Stearns was a very well respected they -- the equivalent unit. A Merrill Lynch -- UBS -- Morgan Stanley Bear Stearns as a powerhouse on Wall Street . In one year -- remember it -- an insider's look at this all the time. And I saw the top three or
Automatically Generated Transcript (may not be 100% accurate)
Well we're back it's the financial exchange June ninth very are -- have a question we'd like to know where you went to college in the end. It is really knows what's the Nokia give Europe a lot alma mater any money do you -- and what you attempts. I gave up enough money. Already Iranian -- that it took me like eight or nine years to pay up the student loans I of the story to tell about my alma -- I'll tell you later I'd be the yen but right now we're gonna go and talk to our good friend Jennifer at this from the Boston Herald Jennifer what's going on. Good morning good morning -- element into the fund today he has so we're -- -- school. I want to Bentley College Cambridge University next. Yes that's right Bentley university and do you give them money he'd donate money today you you know it's their endowment fund. You know I didn't read edit it right out of school but actually -- they haven't -- to. Kept up with at least. That's very Uga fan and you get it near -- broke him Newman they he hit. Children are children are like little money -- you know they need to suck every penny hammering them. The what's the apartment vacancy rate in the city of Boston Jennifer. And -- think about in. Almost 33%. Normal normally -- -- it and the national average is in the five. And expert and yes there were well below the national average were looking at you know rental inventory that even less than our sales in the court. And now we know why. It -- say you write your article that landlords. Are not renting out to college students hard to imagine I get my wife and -- rental properties we will rent out to college students we will rent our properties -- there's a mother involved. Now are you dedicate stain on the rug even girls girls college students I think he might be worse than what color. Just noticed it might personal observation about the fifth fifth of the guilt that landlords are saying note college since they had a much power right now. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- On so what they're doing is -- -- -- people that are going into -- and they they really have to pump like because they're. There's very little event he you know have you -- abilities. What about parents do you ever see parents coming to town city get their kid going to be you. BC did they ever by a place and to say you know what we're we're this week we've got enough money we can afford to buy a place in hopefully four years from now we consult their profit. All the time I'm very very popular. The popular is -- scenario. You know it in the backstage. The -- Anthony area. It -- happens all the time and it's you know really a good investment is sometimes they may have another child that's coming up -- twelve yeah it's had a hugely holding a property for at least. Well over the four years. Because the Penn State stayed there after they graduate college or go to graduate school -- her other siblings so it sounds. -- a lot of -- he seen a lot of that the rents are on the rise you've reported that in the past. Is the rising rent prices the rising cost of rental is that. Is that causing people to buy a place as opposed to rent. That's apparently -- typically get. If he would get winning you're looking for a one bedroom where a year to -- to -- years ago it cost to 2500 that we now that apartments 3000. That's that's significant and it it's really making people exporting people and its. Look at that rent or -- decision when I think they didn't even have buying on the radar. Now how much of a down payment does somebody need to buy a place they -- wanna buy. You know -- a two bedroom Condo in south -- in south theorist. Two bedroom place in in Somerville how much of a down payment they need. You know typically I would say there are programs they can -- three and a half percent down I'd say average is probably about 10% down a lot of buildings. You know depending on the owner occupancy of the building with and the different -- requirements but I say. You know averaged 10%. All right we'll Jennifer Aniston as a unifier. And -- ride out the -- -- -- far. The fire out Google -- to next week. -- definitely is with the -- Q do you know what she still I think.

