The Globe has a piece on the curious practice of foreclosure auctions in Massachusetts, which require on-site bidding to do the deed. We learn, for instance, that some auctioneers still hold to the old English practice of breaking a branch on the property to prove they were there. Quaint. A few disturbing statistics: foreclosures are [...]

Click on Back Bay condo chart to enlarge. In the last thirty-days, thirty-one Back Bay condos have sold. The follwoing are some Back Bay condo stats for the last thirty-days: * The lowest  priced Back Bay condo that sold: $254,000 * The highest priced Back Bay condo that sold: $4,200,000 * The median Back Bay condo [...]

Click chart to enlarge. Boston condos under agreement last 30 days: * Number of condos pending/under agreement  – 236 * Average days-on-market for a Boston condo – 92 * Least expensive asking price condo UA - $38,000 * Most expensive asking price condo UA-  $4,555,000 * Median Boston condo asking price – $414,500.00 * Average Boston condo [...]

Never let it be said the city of Boston is behind on its ticket-writing. Six months after a new law was passed for “green tickets,” the city has racked up almost $380,000 in collections for such “green” violations as overgrown weeds, improper trash storage, overfilling trash barrels, graffitti, etc. Of course the city says its [...]

Click on chart to enlarge. The chart above indicates the number of Boston condo price changes in the last 30 days. The majority of the changes were price reductions. Two Boston condo price points that had price increases: 1. $50,000 – $99,999 – +20.57% increase or $13,300.00 2. $900,000 – $999,999 – +23.38% increase or [...]

As if you needed more proof, the Boston Globe over the weekend reiterated what the BBJ reported last week. Namely, that due to a good market for apartments, Boston will see a boomlet in construction early next year as new developments break ground. See here. We learn in the Globe report over the weekend a [...]

This Post will talk about the upcoming weeks Economic Data and how it will affect current Mortgage Rates

According to MLS, 51 Boston luxury condos are under agreement priced $1,000,000 or above in the last 90 days.

Seeking one full time Boston real estate agent for our Boston Midtown office. Compensation based on experience. For a confidential inquiry please contact Michael Rowe at 617-257-3950 or email. mrowerealestate@gmail.com