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Archive for May, 2011


I’m sorry to report CNBC anchor dies

I’m sorry to report that the CNBC anchor Mark Haines, suddenly died shortly after the interview with Barney Frank (see blog post below)
Read the full story



A war of words with Barney Frank

When are reporters going to learn never, never interupt Barney when he’s pontificating about what’s wrong with the business industry or the housing market.



The most expensive tacky home in America?

Check out this pseudo-English aristocrat home. And it’s not in Las Vegas. Sale price: $43.9 million. We suspect someone was watching one too many Masterpiece Theater shows.
File under: DisneyManors



A tour of Fenway Park

No plans for the weekend? Here’s the best $12.00 tour in town:

To find out more about Boston Fenway Park tours click here



Sorry: No Boston real estate showings today

Perfect weather to play a round of golf.



Martha’s Vineyard: There goes the neighborhood

Lady Gaga apparently has a new cottage on Martha’s Vineyard. We’re sure the islanders are all thrilled — riight.
Well, she can’t be more controversial than, say, the late Ernie Boch Sr., who once shocked some residents’ sensibilities by building a controversial abode on the island:
The $5 million three-story harborside mansion, with 10 bedrooms, 80 skylights, [...]



Looking for the recovery of the Boston condo market

If you’re a Boston condo owner or seller, you may not want to  read this.
Own a Boston condominium? Brace yourself for an even longer recovery than anticipated. A new home ownership and home-buyers survey released jointly by Trulia.com and RealtyTrac suggests we won’t see a housing recovery until 2014 at the earliest now. WTF?
It’s that [...]



Being an economist is no defense

The Daily ShowTags: Daily Show Full Episodes,Political Humor & Satire Blog,The Daily Show on Facebook



New stimulus idea: Let them default!

So we’re all told that people defaulting on their mortgages is a bad thing.
But what if you viewed it from a different perspective? The economy is a mess. Consumers aren’t spending enough. People are struggling to make mortgage payments on homes under water. They stop making mortgage payments and default. They free up money [...]



Mass. homes sales and prices in April: Down

Sorry. We’re only delivering the news. From the Warren Group:
Single-family home sales in Massachusetts dropped 28 percent in April compared to the same month a year ago. Median prices of homes statewide decreased for the fifth consecutive month, according to The Warren Group, publisher of Banker & Tradesman.


Tim Warren warns, once again, that expiration of [...]



Let's talk Boston real estate. The most recent real estate comments

  • Boston Agent, Something is going on with the Boston condo market… : Confused: too funny
  • confused, Something is going on with the Boston condo market… : Yawn…has to be at least 5 years in a row...
  • Rich, Boston’s housing market collapse: Late 1980s vs. 2012: What’s different this time around, is that...
  • Denver Handyman, Boston’s housing market collapse: Late 1980s vs. 2012: Good to know about your blog i have...
  • Greg Vardaro, How confusing is it to buy a cell phone?: What did you end up getting? The salesperson here is more...
  • Jenny Tabassum, New Boston condo sales listings for 2/9/12: Hi, You are posting a nice & beautiful article, Thank...
  • Rich, New plans unveiled for Herald’s old South End site: My wife wants to see either a Whole Foods Market or a...
  • Rich, Downtown Crossing’s Big Hole to be filled?: This is of course good news. However, let’s not get too...
  • Seyi, Offer to purchase can be binding: I agree Gerry, I uusllay flag my listings until the home inspection issues...
  • Gloriane, Boston condo sellers: Can they specify a lender with an offer?: BS low – ratioalinty high! Really...
  • JohnF, Charles Street Retail Space Available for Rent: Thanks Bill, I spoke with your wife and I’m sure we can...
  • Bill, Charles Street Retail Space Available for Rent: I am looking for a small retail street level retail space for...
  • Funny, Rents hit record high in Boston: It’s not just Boston. Did you know rents in Worcester for a small 1...
  • John Ford, The economy and the local real estate market: Good info – thanks Nemo
  • Funny, To paraphrase Tom Brady: Mass. homes sales sucked in 2011: Imagine what would happen if 10-15% was shaved of...
  • Nemo, The economy and the local real estate market: The Labor Department does have a rate that includes all workers...
  • John Smith, A message from a Boston Real Estate Mortgage Broker: Thanks for your valuable post.I would like to know...
  • Rich, MetLife exits large portions of the mortgage business: MetLife is a very clever operator. In 2006, they sold...
  • Rich, Why the Fed didn’t see the housing crisis coming: Oh please. After the dot-com crash of 2000, the NASDAQ...
  • Funny, Is home ‘ownership’ a fraud?: smells of a gold digger. Next step is how we’re really all...

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    Classic Beacon Hill Duplex Condo

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    Gracious parlor level living area offers open floor plan, fireplace, dining area,revovated kitchen with custom cabinents.

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    Boston neighborhoods



    Boston Real Estate / Boston Condos



    Click on the links below for Boston condo neighborhood sales listings

    Boston Back Bay Condos

    Beacon Hill Condos

    Boston Charlestown Condos

    Fenway Boston Condos

    Boston South End Condos

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    Boston Back Bay Condos 3rd Q 2011





    Back Bay Condo Sales 3rd Quarter 2011 - 150. Number of Back Bay condo sales in the 3rd Q of 2010 - 126

    Back Bay average condo sales price in the 3rd Q of 2011 - $974,258.00. Back Bay average condo sales price in the 3rd Q of 2010 - $944,320.00

    Back Bay condo 3rd Q 2011 sales price per square foot $736.88 Back Bay condo 3rd Q 2010 sales price per square foot $731.88

    Boston Back Bay condos days on market 3rd Q 2011 - 125 Boston Back Bay condos days on market 3rd Q 2010 - 106 Back Bay condo sales stats Jan - Sept 2011:

    Number of Back Bay Condo sales Jan through Sept - 334

    Avg Back Bay condo sales price - $1, 173,927.00

    Med Back Bay condo sales price - $795,000.00

    Avg price per square foot - $780.00

    Days on market for Back Bay Condo - 131

    Back Bay Condos - Sales Stats 2011



    Back Bay Condo Sales form April 1, 2011 - May 1, 2011 - 27

    Avg. Back Bay condo sales price - $1,324,226.00

    Med. Back Bay condo sales price - $1,210,000.00

    Back Bay condo sales price per square foot - $787.00

    Avg. days on the market for Back Bay condo - 184

    Boston Back Bay condos sold from Jan 1, 2011 - April 28, 2011 - 105.

    Average sales price for a Back Bay condominium in 2011 - $1,317,969.00

    Median sales price for a Back Bay condominium in 2011 - $865,000.00

    Average price per sqaure foot for a Back Bay condo in 2011 - $805.00

    Average days on the market in 2011 for a Back Bay condo - 153

    Back Bay condos/real estate sales for the 1st Quarter of 2011:

    Average Back Bay condo sales price - $1,290,181.00

    Median Back Bay condo sales price - $828,895.00

    Average Back Bay condo sales priec per square foot - $804.00



    Back Bay Condos Sold Jan 1, 2011 - April 16, 2011

    Back Bay condos sales - 97

    Average Back Bay condo price: $1,407,795.00

    Median Back Bay condo sales price: $852,500.00

    Average price per square foot for a Back Bay Condo $863.00

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    Back Bay Condos Sold 2011

    Back Bay condos sold: 50

    Average Back Bay condo sales price:$1,367,003.00

    Median Back Bay condo sales price: $953,750.00

    Average Price per $/SF: $806

    Average days on the market for a Back Bay condo: 124

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    Beacon Hill Condos Sales Stats 2011





    Beacon Hill condos sold form Jan 1, 2011 - April 28, 2011 - 37

    Average Beacon Hill condo sales price - $799,809.00

    Median Beacon Hill condos sales price - $560,000.00

    Average price per square foot for a sold Beacon Hill condo - $704.00

    Average days on the market for a Beacon Hill condo to sell - 165

    Beacon Hill condo sales 2011 Jan - Mar

    Beacon Hill condos sold

    Avg Beacon Hill condo price $823,500.00

    Med. Beacon Hill condo price $524,500.00

    Avg. price per sq ft. Beacon Hill condo $632.00

    Avg. days on market Beacon Hill condo 222

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    Boston Condos Brighton Sales Stats 2011





    Boston Brighton Condo sales - 25

    Brighton condo avg. sales price $259,510

    Brighton condo med. sales price $262,000

    Brighton condo price per sq ft $283.00

    Brighton condo days-on-market 90

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    Boston Condos Charlestown - Sales Stats





    Charlestown condo sales - 25

    Charlestown average condo - $545,019

    Charlestown median condo - $470,000

    Average price per sq ft Charlestown condo $458.00

    Average days-on-market 123

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    Fenway Condos Sales Stats 2011







    Fenway Condo Sales 2011

    Fenway condo sales 7

    Average Fenway condo price $292,500

    Median Fenway condo price $282,500

    Fenway price per sq ft $435.00

    Fenway days-on-market 237

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