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Archive for June, 2010


Karl Case: Housing Starts ‘Dead Flat in the Mud’

Economist Karl Case was interviewed by BusinessWeek regarding housing starts, which he says is “dead flat in the mud.” Here’s an excerpt on why Case thinks housing starts are slow: Case attributed this disconnect to fewer immigrants and more emigrants, as well as the “doubling-up phenomenon” where more people choose to live together or reside [...]



Boston Massachusetts Mortgage Rate Update 6 / 30

Boston Massachusetts Mortgage Rate Update is a resource for potential Homeowners and current Mortgage Borrowers to understand what economic data is relevant and what the situation is with mortgage Interest Rates. Brian Cav will provide a opinion as to whether you should lock or float your Home Mortgage.



Beacon Hill apartment rentals

Attention renters and real estate rental agents. I have a few apartments that I’m looking to rent out. Myrtle Street studio – $900.00. Third floor studio with new kitchen. Heat and hot watrer included. Myrtle Street studio – $1,000.00 per month hardwood floors heat and hot water included. Myrtle Street one bedroom – $1,200.00 sunny [...]



The never ending homebuyer tax credit

From the Associated Press – WASHINGTON — Homebuyers would get an extra three months to complete their purchases and qualify for a generous tax credit under a bill overwhelmingly passed by the House on Tuesday. The bill would give buyers until Sept. 30 to complete their purchases. The extended deadline only applies to people who [...]



An Interview with Robert Schiller

On June 3, 2010 Forbes Magazine interviewed Robert Schiller on the housing market: Why does the government subsidize homeownership?



Boston real estate agent arrested: Russian Spy

A Boston-area Redfin agent was arrested yesterday by the FBI on charges of being a Russian spy. The real estate agent identified herself as Tracey Foley, but called herself Ann. Redfin statement: “According to her application, she had worked since 2007 for the real estate brokerages Weichert and Channing Real Estate. As with every agent [...]



Real Estate Flashback

Here’s some interesting housing predictions from top economists five years ago today.



Anxious Massachusetts homebuyers

Up to 180,000 homebuyers nationwide, including almost 4,000 in Massachusetts, will lose their tax credit if Congress fails to pass an extension to the homebuyer tax credit by tomorrow, according to the National Association of Realtors.



Good-bye Wainwright Bank

Wainwright Bank is being bought by Eastern Bank. Read more.



June 29, 2010 Case-Shiller update

New press release from S&P/Case-Shiller: Data through April 2010, released today by Standard & Poor’s for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, show that annual growth rates of all 20 MSAs and the 10- and 20-City Composites improved in April compared to March 2010. The 10-City Composite is up [...]



Let's talk Boston real estate. The most recent real estate comments

  • lollipop, Report confirms: 28-story Boston residential tower Avalon Exeter going ahead: obviously like your web site...
  • Funny, Tenants vs. landlords: The never ending war: “decades ago in the 1970’s when tenements and slumlords...
  • Mike O, Tenants vs. landlords: The never ending war: So, if the laws are “rebalanced” thereby reducing...
  • Jack Gately, The mortgage-settlement shakedown scam: John: Wow, Martha Coakley is not going to like this post! ;)
  • Funny, Wall Street: ‘It’s Just Kids Playing With Dynamite’: too big to fail and too big to manage....
  • confused, Report: Massachusetts home and condo sales soar in April: So are you saying pending sales this April higher...
  • Evan, James Taylor and Neil Diamond to play Fenway Park: James Taylor played fenway park and so did Neil Diamond...
  • Mike O, Why home prices will never recover: John, you’re going to get Lawrence Yun and the NAR posse after you...
  • Mike O, Nantucket mansion owner asks for a mere 725% mark-up on price: 69 acres on Nantucket? Yeah, sounds about...
  • Suburban reader, Now teardowns are on the rise in Massachusetts: Re jobs, jobs, jobs — Agreed. An increase in...
  • Brian Hickey, Now teardowns are on the rise in Massachusetts: Though not something all favor; IMO, teardowns and the...
  • Funny, Why home prices will never recover: Hey, you just said what I’ve been saying! One caveat though, Housing...
  • Mike O, Mass. homes sales increase by fastest rate since 2007: Sounds like sellers are giving ground, bringing us...
  • Boston Real Luxury Agent, Mass. homes sales increase by fastest rate since 2007: John, can I inform your Boston real...
  • realistic, The Housing Low-Ball Index: Funny – Never believe any real estate news story that has a prefix named...
  • Funny, The Housing Low-Ball Index: The poor, poor guys that had a commercial on CNBC the other day basically saying...
  • Mike O, The Housing Low-Ball Index: Well confused, the article is “according to researchers at the National...
  • confused, The Housing Low-Ball Index: OMG…What does “beginning to see” mean? Is this an actually...
  • Funny, Boston: The third most ‘walkable city’ in the U.S.: SF might have hills, but NYC also has wide...
  • Renter, City approves new Seaport apartment complex: Funny – Bravo!

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    Boston neighborhoods



    Boston Real Estate / Boston Condos



    Click on the links below for Boston condo neighborhood sales listings

    Boston Back Bay Condos

    Beacon Hill Condos

    Boston Charlestown Condos

    Fenway Boston Condos

    Boston South End Condos

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    Boston Back Bay Condos 3rd Q 2011





    Back Bay Condo Sales 3rd Quarter 2011 - 150. Number of Back Bay condo sales in the 3rd Q of 2010 - 126

    Back Bay average condo sales price in the 3rd Q of 2011 - $974,258.00. Back Bay average condo sales price in the 3rd Q of 2010 - $944,320.00

    Back Bay condo 3rd Q 2011 sales price per square foot $736.88 Back Bay condo 3rd Q 2010 sales price per square foot $731.88

    Boston Back Bay condos days on market 3rd Q 2011 - 125 Boston Back Bay condos days on market 3rd Q 2010 - 106 Back Bay condo sales stats Jan - Sept 2011:

    Number of Back Bay Condo sales Jan through Sept - 334

    Avg Back Bay condo sales price - $1, 173,927.00

    Med Back Bay condo sales price - $795,000.00

    Avg price per square foot - $780.00

    Days on market for Back Bay Condo - 131

    Back Bay Condos - Sales Stats 2011



    Back Bay Condo Sales form April 1, 2011 - May 1, 2011 - 27

    Avg. Back Bay condo sales price - $1,324,226.00

    Med. Back Bay condo sales price - $1,210,000.00

    Back Bay condo sales price per square foot - $787.00

    Avg. days on the market for Back Bay condo - 184

    Boston Back Bay condos sold from Jan 1, 2011 - April 28, 2011 - 105.

    Average sales price for a Back Bay condominium in 2011 - $1,317,969.00

    Median sales price for a Back Bay condominium in 2011 - $865,000.00

    Average price per sqaure foot for a Back Bay condo in 2011 - $805.00

    Average days on the market in 2011 for a Back Bay condo - 153

    Back Bay condos/real estate sales for the 1st Quarter of 2011:

    Average Back Bay condo sales price - $1,290,181.00

    Median Back Bay condo sales price - $828,895.00

    Average Back Bay condo sales priec per square foot - $804.00



    Back Bay Condos Sold Jan 1, 2011 - April 16, 2011

    Back Bay condos sales - 97

    Average Back Bay condo price: $1,407,795.00

    Median Back Bay condo sales price: $852,500.00

    Average price per square foot for a Back Bay Condo $863.00

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    Back Bay Condos Sold 2011

    Back Bay condos sold: 50

    Average Back Bay condo sales price:$1,367,003.00

    Median Back Bay condo sales price: $953,750.00

    Average Price per $/SF: $806

    Average days on the market for a Back Bay condo: 124

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    Beacon Hill Condos Sales Stats 2011





    Beacon Hill condos sold form Jan 1, 2011 - April 28, 2011 - 37

    Average Beacon Hill condo sales price - $799,809.00

    Median Beacon Hill condos sales price - $560,000.00

    Average price per square foot for a sold Beacon Hill condo - $704.00

    Average days on the market for a Beacon Hill condo to sell - 165

    Beacon Hill condo sales 2011 Jan - Mar

    Beacon Hill condos sold

    Avg Beacon Hill condo price $823,500.00

    Med. Beacon Hill condo price $524,500.00

    Avg. price per sq ft. Beacon Hill condo $632.00

    Avg. days on market Beacon Hill condo 222

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    Boston Condos Brighton Sales Stats 2011





    Boston Brighton Condo sales - 25

    Brighton condo avg. sales price $259,510

    Brighton condo med. sales price $262,000

    Brighton condo price per sq ft $283.00

    Brighton condo days-on-market 90

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    Boston Condos Charlestown - Sales Stats





    Charlestown condo sales - 25

    Charlestown average condo - $545,019

    Charlestown median condo - $470,000

    Average price per sq ft Charlestown condo $458.00

    Average days-on-market 123

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    Fenway Condos Sales Stats 2011







    Fenway Condo Sales 2011

    Fenway condo sales 7

    Average Fenway condo price $292,500

    Median Fenway condo price $282,500

    Fenway price per sq ft $435.00

    Fenway days-on-market 237

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