This morning I followed my normal morning ritual of waking up and turning on one of my fovorite morning news programs: Morning Joe on MSNBC.
Let me share with you this clip which is an interview with Leigh Gallagher of Forbes Magazine regarding this months lead story entitled (are you ready for this?)  The Return of Real Estate!

Visit [...]

Four luxury condos have sold at the Clarendon Back Bay in the last 30 days. The average sales price per square foot $1,010.00.
The following are condo sales at the Clarendon Back Bay in the last 30 days.
Back Bay – Clarendon, The # 24C Status: Sold Price: $1,045,000 Type: Condo
Bedrooms: 1+ Bathrooms: 2 Sq. Footage: 1134 $/Sq. Foot: $921.52
Condo [...]

Three Boston luxury condos have sold at 45 Province Street in the last 30 days:
45 Province Street #705 sold for $805,000.00 1+bed/1.5 bath sold for on March 21, 2011.
45 Province Street #1405 sold for $905,000.00. 2 bed/2 bath sold on January 25, 2011.
45 Province Street #707 duplex sold for $1,165,000.00. 2 bed/2.5 bath sold on March [...]

With all that snow we had this morning I hope you saved yourself a nice parking spot.
File Under: Where’s my snow shovel.
Source: Ryan Daley’s picture this morning on D Street, South Boston.
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View today’s new Back Bay condo listings

How did we miss this momentous news?
The Earl of Sandwich, a Florida-chain, has won the right to lease the former men’s  rest-room facility. known as the Pink Palace, on the edge of Boston Common, near the corner of Tremont and Boylston. The idea of converting the long-abandoned building to some sort of eatery has been kicking [...]

 
Click on the chart above to enlarge.
This morning, I received an email from Mira who asked me how does one calculate the absorption rate for Boston condos ( the  above example is the formula that I use). The reason she asked, she is thinking of listing her Back Bay condo for sale and was interested on what the absorption rate is for the Boston Back Bay [...]

 Real Estate Listings - Updated March 23, 2011

MLS #
 
Address
 
Description
List Price

71202770
 
287 Commonwealth
 
11 room, 6 bed, 5 bath 2/3 Family
$5,300,000

71202638
 
91 Mount Vernon
 
15 room, 5 bed, 4 bath 2/3 Family
$4,995,000

71202507
 
40 Temple St.
 
0 room, 15 bed, 4 bath 2/3 Family
$1,950,000

71203036
 
250 Beacon Street
 
7 room, 3 bed, 2 bath 2/3 Family
$1,695,000

71202924
 
197 Eighth
 
4 room, 2 bed, 2 bath [...]

Robert Shiller, the famous housing expert at Yale University, tries to figure out where and when the next big market bubble will occur.
Will it be in housing again, perhaps overseas in China? Maybe. The stock markets? Probably not. Commodity prices? Possibly. But Shiller said his favorite “dark-horse” bubble candidate is the market for farmland. Yes, [...]

First the good news: Mortgage delinquincies are down in Greater Boston. Now the bad news: Foreclosure rates are up.
Now our bold prediction based on the above conflicting data: The glass is either half empty or half full.
File under: Half full or empty, we’ll take a dry martini.
View today’s new Back Bay condo listings

More Borrowers Are Opting for Adjustable-Rate Mortgages