Recession? Since January 2009, there were 13 Boston condos that sold for $1,000 per sq ft. or more.
1. 108 Peterborough St #3A – Fenway
2. 100 Chestnut St. #1 – Beacon Hill
3. One Charles St #4B – Back Bay
4. Trinity Place #601 – Back Bay
5. Trinity Place #403 – Back Bay
6. The Mandarin E-H – Back [...]

Four more banks closed down last week. Total number of banks that failed this year? 29

Thanks to a spate of price cuts over the past few days, there’s a nice supply of livable properties on the market in the Boston proper area for less than $400,000. As of today’s date MLS is listing 240 condos for sale in the Boston proper area. Boston proper includes; Back Bay, Beacon Hill, Bay [...]

Can real estate negotiations be conducted entirely via e-mail? How much and what kind of information can be shared online? Are there times when agents and clients should put their BlackBerrys away and pick up the telephone? Are exclamation points and smiley faces unprofessional?
Your thoughts?
Read more: NY Times
View today’s new Boston condo listings

Citywide Boston condo quarterly sales summary.
Boston condos median sales price.
2003 – $380,000.00
2004 – $410,000.00 +7.89%
2005 – $460,000.00 +12.20%
2006 – $460,628.00 +0.14%
2007 – $478,863.00 +3.06%
2008 – $475,000.00 -0.18%
2009 – $410,000.00 -13.66%
Click here to view new Boston condos listings

Yes, condos are selling and some are flying off the market. According to MLS since April 1st, 42 Boston condos sold in seven (7) or less days from being listed.

What I read and learned today, and I’m sure John Keith will agree with me.
If everyone does something good for someone else, we can start to turn the economy around.
My second thought:
There really are only three ways to build and make money online, porn, luck and whuffie.
“Whuffie,” is a term coined by noveliest Cory [...]

According to LINK (Multiiple real estate listing service) in Boston metro there were 33 parking spaces that sold in the last 6 months. The avg. sales price was $129,000 and the median sales price $48,000.00. Here is an example of three nighborhoods:
Back Bay Parking – 8 sold, Avg. $149,625.00 / Median $130,000.00
Beacon Hill Parking [...]

One of my agents wanted to show a Back Bay condo at 167 Commonwealth Avenue #5 asking price $969,000. No-can-do, several offers and went under agreement in 5 days.

Mike requested information on the median sales price for Back Bay condos that sold in the 1st Q 2003 through 2009.
2003 – $506,950.00
2004 – $607,500.00 +19.83%
2005 – $680,000.00 +11.93%
2006 – $638,500.00 -6.10%
2007 – $647,475.00 +1.41%
2008 – $663,750.00 +2.51%
2009 – $725,000.00 +9.23%