I find Altoucher instructive because I disagree with almost everything he says and I am amazed that he is still a financial commentator. I do agree with Mr. Altoucher that owning a home is a personal life choice — and yes, homes are illiquid, mortgages typically take time to pay off, and unfortunately bank lending [...]

New Real Estate Listings - Updated March 22, 2011 MLS #   Address   Description List Price 71202638   91 mt vernon   15 room, 5 bed, 4 bath 2/3 Family $4,995,000 71202261   409 Commonwealth Avenue   8 room, 4 bed, 3 bath 2/3 Family $3,899,000 71202266   409 Commonwealth Avenue   7 room, 4 [...]

So how much water do you think your small bathroom faucet leak costs you? A Boston condo property manager provided me this interesting chart below that shows how much water is wasted because of a small water leak. I think the results may surprise you. Click to photo to enlarge. Source: Lawrence O’Connor, Boston condo [...]

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

Summer rentals are increasing this year on the Cape, Islands and across New England. The following pretty much sums up what’s happening: Joseph Wright, a broker on Maine’s Mount Desert Island, said he’s been getting lots of calls over the past two months from tourists looking for summer rentals around popular Acadia National Park. “I [...]

Let’s take a look at the appreciation rate, number of sales and days-on-market for Back Bay condos from 2005 through 2010. Back Bay condo sales data from Januaury 1st – March 20th in 2011: Number of Back Bay condo sales – 62. Average condo sales price – $1,368,157.00 Median condo sales price – $840,000.00 Average days on the market [...]

Admit it: You can’t resist. You must know.  You must click. So give in. Actually, we thought no one could beat out Nicholas Cage as far as financial and real-estate blunders go. But they did. File under:  Schadenfreude, Real Estate variety

Boston Movie Trailer – watch more funny videos Hat tip to

Both Back Bay and Beacon Hill  have seen a reduction on condo sales prices based on a per square foot basis. Back Bay condo sales price per sq ft from 1/1/11 – 3/18/11 – $795.00. Back Bay condo sales price per sq ft from 1/1/10 – 3/18/10 – $867.00. ———— Beacon Hill condo sales price per sq ft 1/1/11 – 3/18/11 – [...]

MLS #   Address   Description List Price 71199474   175 Marlborough Street   11 room, 4 bed, 3 bath 2/3 Family $3,950,000 71199462   427 Beacon Street   11 room, 4 bed, 3 bath 2/3 Family $3,500,000 71199469   33 Commercial Wharf   12 room, 3 bed, 3 bath 2/3 Family $1,499,000 71200209   [...]