Inventory and Days on Market:
The inventory of single-family homes as of April 30, 2010 increased 6.0 percent from April 2009 (28,404 listings in 2009 to 30,101 listings in 2010) which translates into 8.6 months of supply in April 2010. This is down from 11.6 months of supply last year and down from 9.5 [...]

Mortgage rates continue to fall. Will they significantly boost home sales? Not likely, says this Barrons report.
In the past, current and potential homebuyers would have jumped at these rates, the piece says. But we’re now in a deflationary period, and people are reluctant to buy if they think the value of their underlying asset might [...]

Do you think we have cybersegregation in Boston?

The new marketing team at 45 Province Street appear to be on the right track. According to MLS, three Boston luxury condos at 45 Province are now under agreement. I’m happy to report that Vilma in my office just recently put one of the three units under agreement. Vilma spoke very highly of the new [...]

More signs that the economy is improving, the Patriot Ledger reports: The Cape and Islands summer rental market is rebounding from an anemic season in 2009, when economic downdrafts put a damper on vacation plans. Now, the most sought-after listings – oceanfront cottages available from mid-July through mid-August – are leasing quickly, and high-end properties [...]

This YouTube video has gone viral by singer-songwriter Tim Miller, who captures the anger and despair of a victim of predatory lending in “Love, Your Broken Home.”

– Great post at Get Rich Slowly: What YOU can Learn from Baby-Boomer Blunders, a sad story of how your home is not an investment http://is.gd/cjt5K #.
– “Are we going to get rid of the mortgage interest deduction?” I’m not holding my breath. http://is.gd/cdzKq #.
– 2010 failed banks visualization over at Mish’s – http://is.gd/ceTuk [...]

Of course, if he “owned” a Boston condo, he could live perhaps two years without worry. Nice.

Barbara Corcoran answers first-time home buyers’ most common questions in this TODAY Show segment with Al Roker.

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What is it with environmentalists and big mansions? Gisele and Tom. Now Al and Tipper. Nothing wrong with mansions. Heck, we’d all love to own one or two. But you’d think those preaching the gospel of green would figure out it doesn’t exactly look right.
One thing is sure: We won’t get this upset with Al [...]