As stated in my earlier blog post, 25 Boston condos will be going up for auction at Audubon Park (16 Miner St). The units are listed on the Audubon Auction website which includes a one-bedroom condo with a min bid of $225,000 and a two-bed, two-bath condo with a min bid of $325,000.
 The Audubon marketing team is paying a 2% commission to brokers. [...]

Beacon Hill apartment building for sale located at 86 Charles Street. The building includes 12 apartments, retail space and tandem parking in the rear. More info call Janet Lamb at 617-721-9504 or Jason Weissman at 617-375-7900.

I was sorry to see that Mike’s video store in Beacon Hill has closed up shop.

The old ERA real estate office on Cambridge Street has a new tenant. According to the sign in the window Danvers Bank will be occupying the space.

“The best investors are like socialites. They always know where the next party is going to be held. They arrive early and make sure that they depart well before the end, leaving the mob to swill the last tasteless dregs.” -The Economist (1986)

Massachusetts residents have claimed over $427 million in first time federal home-buyer credits, according to a report issued by the General Accounting Office. Bay State residents filed some 40,000 claims for credits, according to report, which ranks the number and dollar amounts of housing credit claims by state as of July 3 of this year
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Scott Van Voorhis over at the Boston Real Estate Now blog makes a great observation today. The time limit is approaching on the amount for “jumbo loans” that Fannie and Freddie can back. Congress temporarily boosted the allowable limit from $523,750 to $729,750 two years ago (ending in 2010). Scott points out that some banks [...]

This time the condo auction is in the Fenway.  25 Boston condos will be going up for auction at Audubon Park (16 Miner St). The units are listed on the Audubon Auction website which includes a one-bedroom condo with a min bid of $225,000 and a two-bed, two-bath condo with a min bid of $325,000.
The actual auction date will be Tuesday, October 19, 2010 [...]

So, is this what a recovery looks like: Lots of people are still losing their jobs, and there’s still a glut of unsold houses on the market.
More than 460,000 people per week are filing initial claims for unemployment, the Labor Department said  yesterday. That figure has been more or less flat for months now.
Of course, if [...]

While I was at Panifico’s on Charles Street I bumped into a Boston real estate broker who was recently married. I asked him how things are going. His response:
I think Johnny Carson said it best: If variety is the spice of life, marriage is the big can of leftover Spam.

Oliver Stone’s “Wall Street” came out in 1987. The sequel comes out today.
The video below is an ABC News conversation on how the culture of the finance world has changed in the past 23 years.

Click here to view some clips of the movie.