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 Issue of January 7, 2002 

Volume 4 - Number 1 | January 7, 2002

Statistical Snapshot
The median sales price of single-family homes in Middlesex County increased 12.5 percent to $305,000 in August, compared to a median price of $271,000 in August 2000.

Hopkinton in Focus
The Middlesex County town of Hopkinton is best known as the starting point of the Boston Marathon, which is arguably the Bay State's most famous and best-loved annual sporting event.

Check and Balance
Banker & Tradesman's political cartoon

Homeless Women's Facility In Dorchester Eyeing Rehab
By Aglaia Pikounis
By Aglaia Pikounis
At a time when shelters are overcrowded and state budget cuts have wreaked havoc on programs for the needy, a Dorchester home for homeless women is poised to expand.


Wish List
As noted in last week's editorial column, 2001 was a year marked by worries, disappointment and challenges in the business community.

Trying to Get Along
State and local officials have begun the New Year with yet another example of how more cooperation is needed between the two levels of government if Massachusetts is to accomplish anything important in 2002.

Time Is Running Out
By Hubert Murray
As we celebrate the arrival of the New Year, it is time to take stock of our 20-year-old, raised in public custody and due to graduate in 2005.

Banker & Tradesman Editor Shaped Newspaper, Co-Workers
By Nena Groskind
I don't want to write this because to write what I remember about Bill is to admit that he is gone. And that's not a reality I want to accept.

Despite Popularity in 2001, Multifamily Sector Cooling
By Joe Clements
By Joe Clements
After enjoying huge popularity as an asset class in 2001, the multifamily market is showing signs of cooling off as the New Year begins.


Galvin Says Mortgage Lenders Harming Customers, Registries
By Michelle Forcier Anderson
By Michelle Forcier Anderson
Massachusetts Secretary of State William F. Galvin has accused lenders of pushing mortgage rates up and gouging consumers by packing on fees and causing long lines at the registries of deeds, which are facing a budget crunch.


Modest Expectations Mark R.E. Forecast
By Joe Clements
By Joe Clements
As it braces for another turbulent year, commercial real estate appears to have one advantage that was missing at the start of 2001 – low expectations.


Home Market Seen as Slow But Steady
By Aglaia Pikounis
By Aglaia Pikounis
Out loud, Realtors may be asking, What recession? But in quieter tones, Bay State real estate professionals are acknowledging that the year ahead is filled with uncertainty.


Economy to Dictate Success Of Industry
By Michelle Forcier Anderson
By Michelle Forcier Anderson
Although last year started out comely and turned ugly, this year's duckling could transform into, if not a swan, at least something better, if banking industry analysts' predictions are correct.


Jones Lang LaSalle Closing Boston Office
By Joe Clements
By Joe Clements
Ageless wonder Dick Clark may have survived the New Year, but the opening ball appears to have dropped squarely on top of Jones Lang LaSalle, at least as far as its Boston real estate operations are concerned.


Longtime B&T Editor Dies
By Joe Clements
By Joe Clements
William A. Mallard Sr., editor of Banker & Tradesman for a quarter-century, passed away last week after a long battle with cancer. He was 73 years old.


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