Truila announced that 26% of homes on the market in Boston, as of February 1, 2010, have experienced at least one price cut.
The following are excerpts from the Trulia web site:
* Boston ranked 18th with the most price reductions out of the top 50 cities ranked.
* The percentage of Boston listings with at [...]

Mr. Zandi of Economy.com said he expects the nation’s housing prices to fall another 8 percent during 2010 and bottom out by the end of the year — 34 percent lower than they were at the market’s peak in the spring of 2006.
Housing prices will increase once foreclosures start to fall. “It will be [...]

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As the Fed’s involvement in the mortgage-backed security market heads toward its expiration date, many in the industry are wondering whether the government’s involvement in the housing market has had a long-term impact. Shari Olefson had no qualms about weighing in on one initiative. [...]

Brighton sales and inventory:
Number of condos for sale – 118
Avg. list price: $401,439.00
Avg. list price per sq ft: $366
Bighton sales 1/1/2010 – 2/21/2010
Number of Brighton condo sales: 23
Avg. sales price: $234,061
Median sales price: $225,000
Avg. $/SF: $315
Brighton condo sales 1/1/2009 – 2/21/2009
Number of Brighton condo sales: 13
Avg. sales price: [...]

Former U.S. Treasury Secretary Hank Paulson is interviewed about housing:

Ritz Towers sales and inventory:

31 condos are avail for sale.
Avg list price – $2,,691,806.00.
Avg days on the market – 218.
Avg asking price per sq. ft. – $1,208.00.
The number of Ritz Carlton sales in the last 6 months – 8.
Avg. Ritz condo sales price: $1,272,938.
Median Ritz condo sales price: $1,308,750.
Avg. $/SF: $893.00.
File [...]

Tomorrow, Joe’s American Bar and Grill will have its last call at the current location, and will be moving to the old TGIF address on Newbury Street. The space, which has been under construction for what seems like over a [...]

Below is a news clip of one upset guy with a bulldozer, who won’t let the bank auction off his home.

File Under: All’s well that ends well.

The mortgage-delinquency rate may be easing across the country, but not in Massachusetts. It’s once again at a record high.
What gives? Isn’t the Massachusetts housing market supposed to be in better shape than the rest of the nation? There might be an explanation:
MBA researcher Mike Fratantoni blamed Bay State borrowers’ blues on everything from rising [...]

Did you read today’s Boston Gobe opinion page? If not, you might find the excerpts below interesting.
I am writing in regard to the case of the condo owner who lost her suit over second-hand smoke making her asthma worse. When my husband and I were looking at a house in Lexington, I kept telling the [...]