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Boston real estate (single-family home) prices fell again in November, according to the latest Case Shiller numbers.
Not a surprise, but still worth noting, given that Case Shiller is one of the most important housing indicators, and housing is one of the big trouble spots in the economy (unemployment, obviously, is the other).

A total of 1,021 condominium sales were of bank-owned properties – representing 5.6 percent of all condominium sales in 2010. That’s up slightly from 2009, when bank-owned condo sales represented 5.5 percent of all condo sales.

Today, Massachusetts Association of Realtors released the December 2010 and Year-end housing numbers. This is the first time that year-over-year monthly sales went up since June, which was the final month to close on a home and qualify for the home buyer tax credit. The other news is that December median prices went [...]

I just found out about a five unit building for sale in Beacon Hill. If you’d like more information please call Linda Mitrano at 617-512-4557.

Talk about a shot in the arm for the Seaport District. It finally looks like Fan Pier will no longer be the parking lot wasteland by the sea. Cambridge pharmaceutical firm Vertex signed a letter of intent to move to Fan Pier and build two adjacent buildings in a 1 million square-foot development. Development of [...]

The Boston-area economy still remains stubbornly better than the rest of the economy. One report said Boston-area unemployment was around 7.4 percent, and then there was news tech, IT, and bio-gen markets are expecting modest hiring increases this year. Also, Monster.com puts the Boston job market at number 3 in the country, behind Washington D.C. [...]

First let me say, this isn’t based on my research, but it’s a recent article from Banker & Tradesman. So after reading the article I hope you call me and so we can set up an appointment to view Boston condos for sale.
Here’s an excerpt from the article:
It is more affordable to buy than to rent [...]

Depending on which total you look at, Boston is among the top most-snowiest cities in the U.S. this winter. Boston has had about 43.2 inches of snow, beat out only by the perennial favorite Denver, Cleveland and Milwaukee. However over at the Weather Channel they put the total closer to 48 inches, which puts Boston [...]

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

“Nothing has been a more reliable indicator for the future economic outlook as the price of Oil. Every major bear market, every major economic decline has been preceded by a large spike in oil prices. The 73-74 recession, recession of beginning 80’s and the recession of 2000. Oil prices jumped 80% between 1999 and 2000. [...]