Owners of a new 32-story residential tower in Downtown Crossing oppose construction of a rival tower just a few feet away.
The Abbey Group, developer of 45 Province, a 137-unit luxury condominium building that has attracted few buyers, has told the Boston Redevelopment Authority that a proposed 28-story apartment building at nearby Bromfield and Washington streets [...]

Home resales in the U.S. probably rose in June and a gauge of the economic outlook improved, signaling the recession may soon be over, economists said before reports this week.
Purchases of previously owned homes climbed to an annual rate of 4.83 million, the highest level since October, according to the median of 57 estimates [...]

Boston-area home prices rose 3.7 percent in May, offering a rare piece of positive news in a housing market that has tumbled some 10.8 percent since its peak in 2006.
The local real estate data was part of a broader study of home prices that showed a 1.6 percent increase in the United States from the [...]

If you thought you were eligible to renegotiate your mortgage because of something fishy that happened at the closing table, there’s a 98 percent chance that you’re right.
At least, that’s the word coming from the Consumer Mortgage Audit Center (CMAC), which just released its findings after examining thousands of mortgages. Apparently, the vast majority [...]

The following information is from LINK.
Back Bay condo sales comparing 1/1/09 – 7/17/09 with the same dates in ‘08
Number of Back Bay condo sales in ‘09 – 140
Number of Back Bay condo sales in ‘08 – 236
Average Back Bay condo sales price in ‘09 – $1,116,065.00
Average Back Bay condo sales price in ‘08 – $1,052,512.00
Median [...]

Presently, MLS has 169 Back Bay and Beacon Hill apartment rental listings. Almost all of them are for August 1st or September 1st. How many do think will still be available September 2nd?
Warning: Landlords lower your rents or you’ll have a vacant apartment.

You want proof that the recession is over? According to one little-known (perhpas I should say unknown) economic indicator, the white paint index, we’re on the way to recovery.
Economists track the price of a key ingredient in white paint, titanium dioxide. The price of titanium dioxide took a huge plunge back in January, and [...]

In case you didn’t read the latest issue of NewsWeek magazine, you might not be aware of this…… the recession is over. Based on a formula called the three P’s. But wait there’s more, find out who NewsWeek blames for the recesson, I mean the recession that is now over.
Recession is Over Newsweek
The Recession [...]

The Obama administration is looking into creating a plan where mortgage borrowers who have fallen behind on their payments may now have the United States government make the payments for them, and then pay the government rent in the process.
Under one idea being discussed, delinquent homeowners would surrender ownership of their homes but would [...]

The average length of unemployment is higher than it’s been since government began tracking the data in 1948.
The recent unemployment numbers have undermined confidence that we might be nearing the bottom of the recession. What we can see on the surface is disconcerting enough, but the inside numbers are just as bad.
The Bureau of [...]