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Archive for February, 2010In Depth: Where Home Prices Are RisingAltos Research, a Mountain View, Calif.-based real estate market data firm, looked at every city in the United States with at least 100 homes on the market to find out where asking prices for single-family homes had risen the most since last year (though Altos does not track condominiums). Cambridge Real Estate NewsMedian sale prices for condominiums in Cambridge increased in January compared to a year earlier, and the number of sales rose as well. The new report from the Warren Group, which publishes Banker & Tradesman, stated this week that nine single-family homes were sold in Cambridge in January compared to just one a year earlier. Back Bay CondosComparing 2010 Back Bay condo sales with 2009. Comparing Jan/Feb Boston Condo Sales StatsBoston condo sales stats Jan & Feb 2010 compared with 2009. Don’t pay your mortgage …. No problem … We like squattersExcerpt form the LA Times, headlined Many borrowers in default stay put as lenders delay evictions: Boston Real Estate PodcastClick here to listen. Once on the MAR web site, scroll down below the first paragraph to listen to the podcast. Buffett: Thoughts on Real EstateHere is Warren Buffett’s annual letter to shareholders, with Buffett focusing on manufactured housing because Berkshire owns Clayton Homes: |