Back Bay condo sales from April 1, 2011: Number of Back Bay condos sales – 27 Avg Back Bay condo sales price – $1,324,226.00 Med Back Bay condo sales price – $1,210,000.00 Avg price per square foot for a Back Bay condo – $787.00 Average days on the market for a Back Bay condo – [...]

Does this guy have luck or what? A spectacular NFL career with a multimillion-dollar contract. Three Super Bowl rings. A supermodel wife. And now the BBJ is reporting that he’s one of the few who have defied market gravity by actually making a hefty profit on a NYC condo he bought in 2006 — and [...]

The Massachusetts economy grew by an impressive clip last quarter. But housing was still struggling last month. From a Northeastern University professor: “The state’s residential housing sector continues to be depressed — sales are slow, housing starts are moribund, and prices are stagnant.” The big question at this point: Will the recovery pull the housing market [...]

Question of the day: What impact does government spending have on our economy? Can the government steer the economy or have past attempts helped create the mess we’re still in? Watch the video below.

Have you ever noticed that all these Boston housing economist are more than 70% wrong on their real estate housing predictions? I have. So I came up with my own housing prediction theory, on what’s going to happen with our local Boston condo market in the next few years. It’s a very simple theory, no [...]

OK, they’re really not “alarming” per se. In fact, they tend to point to the market having already reached the bottom. But they are jaw-dropping facts nevertheless. Question: Is there still time to buy a cheap vacation home/condo in Miami? Forget Boston. Let’s think down the road here. File under: Retirement planning Update – Initially [...]

A third of Americans say their personal budget is in worse shape now than they were 12 months ago, and not many are confident with their level of debt, according to a new Bankrate.com survey. I figured you would be interested, since you need savings — absent lots of downpayment assistance from other sources — to [...]

Rents in Boston (and many other places) are climbing, while typical home values — thanks to foreclosure sales — are down. Take a look at two of the implications: –Affordability problems for renters. About 24.8 percent of renter householders within the Boston region were spending more than half their pre-tax income on housing and utilities [...]

Great Schools is an excellent site to obtain information about any school, primary and secondary, in the nation. Recently, they published their list of best cities to live and learn – and not surprisingly the city of  Boston is absent. But for the Northeast category Belmont, Mass. ranked 6th, followed by Winchester and Concord. Massachusetts just [...]

Trulia recently launched a brand new quarterly report and interactive map, titled “Home Offer Report,” targeted at providing buyers and sellers with an upper hand prior to making offers or listing their home for sale. Home Offer Report empowers buyers to make strategic offers and helps sellers price their homes to sell by providing local [...]