This is a topic has been written many times before here on the Boston Real Estate Blog, but I see the NY Times feels its enough of an issue that they ran another article on it as well. The problem has to do with overstating square footage; specifically condos. My advice, bring a tape measure and measure it yourself and [...]

Prudential Douglas Elliman Real Estate Vice Chairman Dolly Lenz discusses why appraisers’ low-ball offers are hampering the growth of the housing market with David Asman on Fox – America’s Nightly Scoreboard

 This is a very joyous holiday season for those Realtors selling Boston luxury condos.
According to MLS and LINK  Boston luxury condo sales will end up being one of the best years on record for  prices in excess of $1 million.
Kevin Ahearn, president of Otis & Ahearn Real Estate  is quoted in the Boston Homes newspaper as saying:
“What this year is [...]

Click here for Massachusetts home sales remain sluggish.

Boston luxury condo sales for: 45 Province Street, W Boston Residences and The Clarendon from 1/1/10 – 12/15/10.
Boston luxury condo sales at 45 Province
Number of 45 Province luxury condos sold   – 11
Average sales price for a luxury condo – $890,731.00
Median sales price for a luxury condo – $735,000
Average price per square foot – $753.00
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Boston luxury [...]

A good friend of mine Randy Stein sent me this video. Enjoy.

Steve Kroft of 60 Minutes reports on the precarious financial conditions many states are facing. A wave of defaults by state and local governments in the coming months will spark a selloff in the municipal bond market, hurting US economic growth and stocks and causing social unrest as governments are forced to lay off workers [...]

I’m leaving work early, I have to buy the woman of my dreams a nice Christmas gift. I certainly don’t want to make the same mistake from last year. It was like a scene from Seinfeld.

Click here: A reenactment of my 2009 Christmas gift.

The New York Times yesterday reported the story of a California woman who discovered her Truckee home had been burglarized, literally cleaned out of all possessions – including her dead husband’s ashes. The woman (Ms. Ash — you can’t make this stuff up folks), later discovered the culprit was (as she alleges) her bank. She [...]

According to the latest report by The Warren Group, Massachusetts single-family home sales fell to 2,903 in November, the 5th month of year-over-year sales declines and the fourth month this year sales failed to break the 3,000 mark.
Other findings:
November single-family home sales declined 29.8 percent from the same month last year.
Sales also dropped from October, when there [...]