Back Bay condo sales for July 2010: Number of sales – 28 Avg. list price – $1,213,821.00 Avg. sales price – $1,152,518.00 Avg. sq ft list price – $944.00 Avg. days on market – 87.32 Back Bay condo sales for July 2009: Number of sales – 44 Avg. list price – $674,241.00 Avg. sales price [...]

An incredibly cute Beacon Hill property is up for sale – three bedrooms, 1,458 sf, 5 Smith Court, $1.3 million. Lots of history behind it. Photo gallery here. And, yes, George slept there. No lie. File under: Cherry tree, did not cut down.

Former Fed Reserve Chairman Paul Volcker says Fannie and Freddie “need to go.” Read the full story.

I need to move a S.E. Boston building. For more info, please give me a call. No brokers please. I’ll put the bldg on MLS on August 15, 2010, if I’m unable to sell it on my own. For more info, call 617-595-3712.

The Park Lane Seaport apartment complex is now up for sale. The two-buildings, 465-apartment complex is expected to generate intense investor interest, the Globe is reporting. Is this an example of a hot luxury-rental market vs. a less-than-hot luxury-condo market? What do you think?

According to the MA Association of Realtors: The inventory of single-family homes as of June 30, 2010 increased 5.0 percent from June 2009 (29,949 listings in 2009 to 31,538 listings in 2010) which translates into 6.1 months of supply in June 2010. This is down from 7.2 months of supply last year and down from [...]

Confused about the new real estate sales tax in 2013? Well, I can understand why. It Depends on What the Meaning of “Tax” Is

The other day, I visited the Brattle Bookstore in Boston. I can’t help it, I still enjoy finding books the old fashion way. Anyway, I came across a 15 year old book by Bill Gates. In his book entitled The Road Ahead, published in 1995, Bill Gates said the following about finding homes for sale [...]

Yesterday, I reported how the Abby Group was looking for a buyer for their Boston Landmark property. Today, the Boston Herald has an article in which it stated that only a stake in the one million-square-foot Boston’s Landmark property is actually up for sale. Excerpts for the article: The Abbey Group is hoping to raise [...]

First District–Boston on the economy: Business activity continues to expand overall in the First District, but individual firms’ gains show some choppiness. Most contacted manufacturers and advertising and consulting firms saw revenues rise in the most recent quarter on a year-over-year basis, while retail results were more mixed in May and June. Residential real estate [...]