Looking for an apartment between now and September 1st? According to MLS there’s still plenty to select from:
Back Bay – 103 apts avail.
Beacon Hill – 53 apts avail.
Charlestown – 24 apts avail.
Dorchester – 108 apts avail.
South Boston – 50 apts avail.
South End – 45 apts avail.
Fenway – 25 apts avail.
Waterfront – 64 apts avail.
Looking for [...]

Click chart to enlarge.
Wall Street Journal reports on the outlook of the housing market. Here are few stats regarding Boston:
Months supply of inventory – 6.1
Jobless rate – 8.3%
Loan payments overdue – 8.7%

Banker & Tradesman is reporting that bankruptcies in Massachusetts jumped 25 percent during the first half of 2010, compared to a year ago.
But there’s good news:
“Bankruptcy filings are considered a lagging indicator, and these bankruptcy filings really reflect earlier economic conditions. Many people struggle to hold on for as long as they can before seeking [...]

According to MLS, 50 condominiums are presently under agreement in the Back Bay; 21 of those condos are priced $1,000,000 and above.

The folks at Think Big Work Small have a few interestng real estate news clips that I thought you might find interesting.

A newly licensed real estate agent told me a story of how he had worked for several weeks trying to find his client an apartment. He later found out that one day his client went to another real estate office. Apparently, a seasoned broker showed his (no longer) client one apartment and, as luck would [...]

Real estate agents in the Gulf area want to be compensated for lost business due to the oil spill. From Kenneth Feinberg, overseer of the $20 billion oil-disaster fund:
“The Realtors and real estate brokers are a major political force. … I’m hearing from them constantly. I’m not sure whether they have a valid legal claim. [...]

Why did this woman pay $500,000 for a 2-week rental?
Excerpts from the New York Post:
…she’s spending a record-breaking $500,000 for a two-week summer rental in the Hamptons, but not just to go to the beach and shop at tony boutiques — she’s hoping to land the love of her life.
“The dating pool is much [...]

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.

It’s a typical life event: a couple learns they are expecting a baby, so they begin shopping for a larger home.
But a child could create a problem. As pointed out in an article in Tuesday’s New York Times, lenders are taking a harder look at prospective parents who are out on leave, which means the [...]