Avg. Price ‘06 4th Q ‘07 4th Q ‘08 4th Q   $542,848 $695,164  $580,164  % +/-  -9.65%  +28.06%  -16.55%                 Median Price ‘06 4th Q ‘07 4th Q ‘08 4th Q    $467,500  $547,500  $510,000 % +/-  -14.85%  +17.11% -6.85%

The infamous Cat Lady is back again, still doing today the same tricks she did with landlords in Beacon Hill back in 2003. Her tricks - getting code violations cited, not letting repairmen in, postponing eviction court dates ect.., so she can live her wacky lifestyle. Her lifestyle of keeping 20 cats in a one bedroom apartment as [...]

Avg. Price ‘06 4th Q ‘07 4th Q ‘08 4th Q   $346,673 $367,881  $351,233  % +/-  -10.89%  +6.12%  -4.53%                 Median Price ‘06 4th Q ‘07 4th Q ‘08 4th Q    $331,000  $358,000  $338,750 % +/-  -9.19%  +8.16% -5.38%

This short video is a funny example of the differences (exaggerated) between what a male and female find important when buying a home. Click on the link below. The difference between a male and female when buying a home

Boston condo inventory: January 24, 2006 – 2,360 Boston condos for sale. January 27, 2007 – 2,010 Boston condos for sale. January 24, 2008 – 1,607 Boston condos for sale.

Avg. Price ‘06 4th Q ‘07 4th Q ‘08 4th Q   $464,397 $495,449  $432,605  % +/-  -2.03%  +6.69%  -12.68%                 Median Price ‘06 4th Q ‘07 4th Q ‘08 4th Q    $439,100  $444,000  $392,000 % +/-  +3.75%  +1.12% -11.71%

The following information is from the local MLS database as of January 24, 2009, compared to (January 17, 2009) and (January 26, 2008). Total # of condos for sale in the city of Boston: 1,608 (1,587) (2,021) Average # of days on market: 152 (156) (151) Number of condos sold, past 30 days: 148 (171) [...]

Fannie Mae, the giant mortgage purchaser owned by taxpayers, has cut hundreds of jobs over the past four weeks, reports National Mortgage News. Hmmm …  I thought government officials wanted Fannie to increase its support of home lending by expanding operations. I guess I’m wrong.

Avg. Price ‘06 4th Q ‘07 4th Q ‘08 4th Q   1,265,480 $862,240  1,335,100  % +/-  +15.65%  -34.71%  +61.59%                 Median Price ‘06 4th Q ‘07 4th Q ‘08 4th Q    1,010.000  $695,000  1.255.000 % +/-  +28.25%  -31.19% +80.58% I know a lot of my blog [...]

Avg. Price ‘06 4th Q ‘07 4th Q ‘08 4th Q   $578,056 $730,589  $888,211  % +/-  -11.66%  +10.11%  +7.65%                 Median Price ‘06 4th Q ‘07 4th Q ‘08 4th Q    $445,000  $490,000  $527,500 % +/-  -11.66  +10.11% +7.65