12 Responses to “Boston Condos – What’s Selling & Where” »»

1. john dough
   Comment by john dough | 03/25/10 at 9:53 am

   southie is killing it right now… has to be the hottest market in the city

2. BS, Boston, MA
   Comment by BS, Boston, MA | 03/25/10 at 11:59 am

   John D. – what does that even mean?

3. Mary
   Comment by Mary | 03/25/10 at 1:32 pm

   John,

   Did a quick check of million plus sales during the past week, total came to two . I guess we’re running out of ‘08 sales to book….oh my

   BTW, if you have money in the stock market I’d get it out…now

4. John Ford
   Comment by John Ford | 03/25/10 at 1:46 pm

   Mary, do know what the best part of my day is? Ans: Your comments.

   I don’t know what the 1st Q 2010 Boston proper sales results look like compared to 2009…I guess we might have an ans. in a couple of weeks. I feel real good about this years 1st Q sales numbers.

   You want to make a blog bet that 2010 1st Q sales numbers are better than 2009 1st Q?

   Put your money where your mouth is Mary.

   Mary, I’m just having fun with you, but the bet is serious.

   Your blog friend, err… or should I say “NEMISIS”

   John

5. Mary
   Comment by Mary | 03/25/10 at 2:05 pm

   Sucker’s bet John, historic credit crisis ‘09 vs mass booking of prior sales ‘10, no thanks. I will however gladly bet 3rd Q ‘09 vs 3rd Q ‘10, you in?

6. Mary
   Comment by Mary | 03/25/10 at 2:32 pm

   Looks like more high end foreclosures headed our way:

   “Serious delinquencies among US mortgages jumped in the fourth quarter from the previous quarter, led by a sharp increase in serious delinquencies by the most creditworthy borrowers, US banking regulators said yesterday. “

7. pain in the
   Comment by pain in the | 03/25/10 at 4:12 pm

   I’d go 2:1 that 4th quarter 10 is worse than 09. Maybe even more than 8K.

   And does anybody know what the rent to buy ratio in Boston is these days?

   I had a conversation with a person today who told me they couldn’t leave Boston because they bought a condo last year and couldn’t afford to sell. Granted they bought because it was the right thing to do for their status but I thought things were en fuego.

8. John Ford
   Comment by John Ford | 03/26/10 at 1:55 am

   Mary, let me see, in the 3rd Q of 2009 you had the $8,000 tax credit, the Fed buying mortgage – back securities which resulted in artificial low interest rates.

   And what do I have for the 3rd Q 2010? Err… Oh yeah, the Obama Health Care Plan, that seems like a fair trade-off.

   I’ll tell you what, I’ll bet you that the Boston luxury condo market ($800,000 and up) in the 3rd Q of 2010 will be better than 3rd Q of 2009.

9. Bradley
   Comment by Bradley | 03/26/10 at 2:18 am

   Fire up that cherry picker, Mary!!!

   People people people… why don’t you just listen to me? I speak the troof!!!

10. confused
    Comment by confused | 03/26/10 at 2:48 am

    Bradley,

    Can you remind us about your auction predictions? Didn’t you say that you would eat your hat if they sold for less than $1500/sqft? And they sold for what like $500?

    Is there really any reason other than status, i.e. impress your friends, to pay these prices for condo’s?

11. Mary
    Comment by Mary | 07/08/10 at 12:12 pm

    File under ouch!

    “I’ll tell you what, I’ll bet you that the Boston luxury condo market ($800,000 and up) in the 3rd Q of 2010 will be better than 3rd Q of 2009″

    The Massachusetts Association of REALTORS® (MAR) reported today that the number of single-family homes put under agreement in June were down 16.0 percent over the same time last year, while condominiums were down 21.0 percent. This is the second month in a row that the number of both single-family homes and condominiums put under agreement has decreased compared to the year before.

12. John Ford
    Comment by John Ford | 07/09/10 at 3:50 am

    Hello Mary, I’m not throwing in the towel yet. Let’s see what the $800,000 and up sales numbers are at the end of the 3rd Q. In reference to the MAR I think most of that drop off was on condos under $800k. Time will tell.

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