Three luxury condos sold at the Clarendon in June 2010.
The Clarendon – 400 Stuart Street #20C
List Price: $1,060,000
Sale Price: $940,000
Sold: 6/22/10
The Clarendon – 400 Stuart Street #17D
List Price: $1,370,000
Sale Price: $1,100,000
Sold: 6/11/10
The Clarendon – 400 Stuart Street #29E
List Price: $3,200,000
Sale Price: $2,975,000
Sold: 6/21/10

The fastest short sales bank was GMAC, averaging 6 months after a home became 60 days delinquent. Citigroup (7.5 months) and Wells Fargo (8 months) were second and third fastest in completing short sales of prime mortgages.
Countrywide, acquired by Bank of America, had the slowest short sale timeline. It took more than 13 months on [...]

Jason Varitek has had a surprisingly good season on and now off the field this year. No word on what he’s getting for the Newton mansion.
Next up: Josh Beckett, who’s trying to unload his Ritz condo for a $1 million profit. He’s definitely swinging for the fences. He should stick to pitching.

Just reduced building for sale in the South End. Original asking price $1,600,000. Now asking $1,475,00.00. To obtain more information, please call Linda Mitrano at 617-512-4557.

Sold Statistics 1/1/2007 – 6/1/2007
Boston Condo Listings Sold: 2,356
Avg. $: $501,074
Median $: $447,500
Avg. $/SF: $481
Avg. DOM: 119*
Sold Statistics 1/1/2008 – 6/1/2008
Boston Condo Listings Sold: 1,885
Avg. $: $546,207
Median $: $498,000
Avg. $/SF: $491
Avg. DOM: 103
Sold Statistics 1/1/2009 – 6/1/2009
Boston Condo Listings Sold: 1,356
Avg. $: $423,941
Median [...]

If you’re heading to Rockport, Mass., you may encounter a parking meter like the photo above.
An excerpt from Freakonomics blog:
Reader Tina Gao sent in this photo of a parking spot in Rockport, Mass., and asked, “[W]hy would anyone ever pay more than a penny for the spot?” Can anyone offer an explanation for this [...]

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Affordable housing must be hitting a crisis point on Martha’s Vineyard.
The town of West Tisbury on the Vineyard is exploring a novel idea that would allow your home to be converted into affordable housing after you die in exchange for tax breaks while you’re living.
Residents struggling to pay ever higher property taxes just might like [...]