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Archive for December, 2009


Back Bay Condo Sales 2009

The official sales numbers won’t be out for a few weeks, but I thought I would take a peek on how it’s shaping up in Bradley’s favorite “nab” the Back Bay.
Back Bay condo sales from 1/1/09 – 12/31/09
Number of Back Bay condo sales – 383
Avg Back Bay condo sales price – $1,026,759.00
Median Back Bay condo [...]



Is Freddie and Fannie creating more harm than good?

Did you know, there’s no other developed country that has a Freddie and Fannie program? Why is that?



Boston real estate – A look back at 2009

What is your favorite quote from 2009 regarding real estate or the economy? For me, it’s the duo qoutes from the developer and marketing manager for 45 Province Street. Listed below are two excerpts From the Boston Herald:
Cheryl Bliss Waxman, the listing agent for 45 Province St. in Boston’s Downtown Crossing, said she has non-refundable [...]



Suburban foreclosures

Foreclosures in affluent towns in Massachusetts are on the rise.
They’re not tied to subprime mortgages. They’re instead tied to the economy and the stubbornly high 8.8 percent unemployment rate.
The numbers are relatively low right now. But if the economy doesn’t improve soon, they’ll probably increase in numbers. Preliminary filings indicate that’s exactly what’s going [...]



Boston Luxury Condo Developments

Boston Luxury condo update:
Six condos are reported sold at the Clarendon. It will be interesting to see what the tally will be at the end of January 2010.
File under: You can’t hide the truth.



MA Real Estate Foreclosure Update

The number of foreclosures initiated in Massachusetts during the month of November fell below 2,000 for the first time since January, according to a new report by The Warren Group, publisher of Banker & Tradesman. Still, petitions to foreclose, which mark the start of the foreclosure process, remain at a relatively high level and were [...]



Boston Condo Sales – 2010

One way to gauge the Boston condo sales market for 2010 is to take note of what properties are presently under agreement. Here’s where we stand:
*As of today’s date, 417 Boston condos are under agreement. This number doesn’t include all the new Boston luxury condo developments
*The least expensive condo, 35 Harwood Street (MLS # 70871789), [...]




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