Back Bay isn’t the only neighborhood where sales prices are on the rise. Check out these numbers from LINK on Beacon Hill sales prices.
Beacon Hill condo sales prices from 1/1/09 – 5/31/09
Average Beacon Hill condo sales price – $829,962.00
Median Beacon Hill condo sales price – $525,000.00
Beacon Hill condo sales prices from 1/1/08 – 5/31/08
Average Beacon [...]

Fenway condo sales – 1/1/09 – 5/31/09
Number of Fenway condo sales – 30
Avg. Fenway condo sales price – $369,207.00
Median Fenway condo sales price – $338,250.00
Avg. price per sq ft. – $551.00
Avg. days on the market – 51
Fenwat condo sales – 1/1/08 – 5/31/08
Fenway condo sales – 73
Avg. Fenway condo sales price – $411,406.00
Median Fenway condo [...]

Here’s a scary thought:
GM lost $118,000.00 per minute in 2008.
Source: George Will from This Week Roundtable

Boston Common Condo / Midtown Real Estate – 1/1/09 – 5/31/09
The number of Boston Common condo sales – 20
Avg. Boston Common condo sales price – $676,425.00
Median Boston Common condo sales price – $387,500.00
Avg. price per sq ft. – $575.00
Avg days on the market – 78
Boston Common Condo / Midtown Real Estate – 1/1/08 – 5/31/08
The [...]

Homeowners in the process of refinancing mortgages and people looking to buy a home received a shock this week when interest rates went up, potentially adding hundreds of dollars to a typical monthly payment.
Rates jumped as much as three-quarters of a point Wednesday following a surge in interest rates on benchmark Treasury securities. By yesterday [...]

Boston South End condo sales comparing this year to last.
Boston South End Condo Sales 1/1/09 – 5/31/09
Number of South End condo sales – 159
Average South End condo sales price – $597,892.00
Median South End condo sales price – $510,500.00
Avg sales price per sq. ft. – $561.00
Avg days on the market – 106
Boston South End Condo [...]

Comparing 1/1/09 – 5/30/09 with the same dates in ‘08 for Back Bay Condo sales.
Back Bay condo sales 1/1/09 – 5/30/09
Number of Back Bay condo sales – 95
Average Back Bay condo sales price – $1,162,036.00
Median Back Bay condo sales price – $725,000.00
Back Bay condo sales 1/1/08 – 5/30/08
Number of Back Bay condo sales – [...]

Are you enjoying the historically low interest rates? Many people are and it is a saving grace in a weak housing market. All this may change in part because how the Obama administration is treating General Motors and Chrysler.
Mortgage rates will rise because of car companies? How could that be you ask? Take a [...]