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boston real estate blog
Boston real estate. Boston condos.



Archive for December, 2008


I have a small beef with the Boston media

I just looked at the sales stats for Back Bay and Beacon HIll and in both neighborhoods the average sq. ft. price increased compared to last year. Here’s my beef, do you think that the Boston media will report the goods news in the Boston condo market or just continue to report the negative.



Back Bay condo sales data

The following data is from MLS.
Back Bay condo sales for ‘07 compared to ‘08.
Back Bay number of sales in ‘07 – 453
Back Bay number of sales in ‘08 – 404
__________________________________
Back Bay average sq. ft. price in ‘07 – $805.00
Back Bay average sq. ft. price in ‘08 – $887.00
_________________________________________
Back Bay average sales price in ‘07 – [...]



My last thought of 2008

 
Why is tonight called “First Night”? Isn’t  the “Last Night”?
Happy New Year!



Boston condo market, end of year stats

So, here’s the end of year stats for the Greater Boston condo market.
From Dec 24, 2008 – Dec 31, 2008
NUMBER OF NEW LISTINGS 12
NUMBER OF PRICE CHANGES 15
NUMBER OF PROPERTIES BACK ON MARKET 2
NUMBER OF PROPERTIES OFF-THE-MARKET 29
NUMBER OF PROPERTIES UNDER AGREEMENT 6
NUMBER OF PROPERTIES SOLD 36
TOTAL INVENTORY 1624
“Greater Boston” means sales throughout the entire [...]



Are you buying a Boston condo in 2009?

If you’re thinking of buying a Boston condo this year call us at 617-720-5454 or 617-595-3712. My sales agents are waiting for your call, and waiting, and waiting, and waiting……..



A look back

Boston condo inventory:
December 31, 2006 – 2,189 condos for sale
December 31, 2007 – 2,039 condos for sale
December 31, 2008 – 1,551 condos for sale



A conversation with a Professor ………..

Today, I had a conversation with an economic college (university) professor.
Professor: What book are your reading?
Me: The Wolf of Wall Street.
a few minutes later …
Me: What’s your opinion on this Wall Street Ponzi scheme?
Professor: It’s the 2nd largest Ponzi scheme in the United States of America.
Me: (Think John what was bigger, damn I don’t know …)
Professor: Let [...]




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