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Archive for July, 2011


Quote of the day

“The value of breaking news (news = whatever is new to you) is dramatically overrated, and the cost of keeping up with what someone else thinks is urgent is just too high.
If it’s important today, it will be important tomorrow. Far more productive to do the work instead of monitoring what’s next.
[Exceptions: Emergency room doctors, [...]



‘Robo-Signing’ is still rampant in Massachusetts

It’s the same old same old from CONgress and our criminal justice system…robo-signing legal documents is still a daily bankster practice here in Massachusetts. Sad, but true. Our legal system is no match for the too-big-to-fail banks.
What in the hell does Eric Holder do all damn day?
I found this excerpt in a Chicago newspaper interesting:
In [...]



Mass. home sales fall again in June

The Herald is reporting that the Bay State housing market took another big hit last month, as single-family home sales fell 18 percent and condo sales dropped by 17 percent.
Once again, last year’s federal home-buying credit is blamed for distorting the stats, making last year look better than it really was.
Some decent news: Condo prices [...]



Boston luxury condos: Boston W and 45 Province Streeet

 Both the Boston W and 45 Province Street continue to make strides in selling their Boston luxury condos. Listed below are the most recent sales in the last 30 days:
 W Boston # 19D Status: Sold Price: $420,000 Type: Condo
Bedrooms: S Bathrooms: 1 Sq. Footage: 427 $/Sq. Foot: $983.61
Condo Fee: $523.00 Bldg Loc: Space: None Parking: [...]



New Boston condos, apartments, and hotel? Well, maybe

New housing, hotel, offices, and retail in downtown Boston? Well, maybe.
The HYM Investment Group LLC met with the Boston Redevelopment Authority’s Impact Advisory Group (IAG) to show off their new plans for the redevelopment of the Government Center Parking Garage at One Congress St.
If the 2.4 million-square-foot project does materialize, the area could see a [...]



Quote of the day

The quote today is from an interview with Larry Summers on the Charlie Rose show: 
Never forget, never forget, and I think it’s very important for Democrats especially to remember this, that if Hitler had not come along, Franklin Roosevelt would have left office in 1941 with an unemployment rate in excess of 15 percent and [...]



Back Bay condo-tower plan blasted

Two lawmakers say the mayor and governor are both trying to shove through the approval process a proposed condo tower to be built over the Mass Pike in the Back Bay.
We’ll spare you the details, but critics basically say Mayor Menino and Gov. Patrick are violating an old agreement to thoroughly review traffic, parking and [...]



Boston Proper: Demographics

Last week, the Boston Courant published an article entitled: ‘Population is getting younger’ The article was based on the American Community Survey (ACS). Listed below are some interesting results:
* Of the 25 major U.S. cities, Boston has the highest proportion of young professionals.
* More than 80 percent of Back Bay and Beacon Hill residents that [...]



Bank of America may have to set aside $50B for housing losses

Next time someone says we’re close to finally emerging from the financial crisis, tell them you’re not so sure. As evidence, point them to this article about how Bank of America may have to set aside an extra $50 billion to cover its housing market losses.
It’s simply an astounding number — and it comes nearly [...]



Guest blog post: North End Condos

Space opening up in the North End?
In the cramped corners of the North End 4 “luxury” condo units could be opening up at 55-57 N. Washington St.
At a recent North End Waterfront Neighborhood Council (NEWNC) meeting representatives for Michelle Holdings LLC, owners of the building went before the NEWNC board and asked for their [...]



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

  • 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...
  • Suburban reader, Is home ‘ownership’ a fraud?: Incomprehensible indeed. It seems (I think) to assume that...
  • Rich, Is home ‘ownership’ a fraud?: I found the article incomprehensible.
  • SeanMarkup, ‘Back to 1990s home prices?’: Bangalore real estate prices are kissing skies day by...
  • Jaypee Kosmos, Beacon HIll Restaurant Space Available: Thank you !!! nice information found here… Jaypee Kosmos
  • Will F., I found the 1% and it’s not in Boston: This is true… Washington DC is a city of 600,000+...
  • Howard County MD Real Estate, The big bets are on a housing recovery: I can also think that the housing market are...
  • beatspro, Boston Real Estate Discount Agencies & False Advertisements: C you might be dr dre tour beats...
  • Funny, I found the 1% and it’s not in Boston: http://www.osborneink.com/wp-c ontent/uploads/2011/11/cong...
  • Funny, Newt on housing: There’s really nothing conservative about the GOP… anymore. They’re a...
  • Funny, Quote of the day: He who passively accepts evil is as much involved in it as he who helps to perpetrate it. He...
  • Homes for sale in St. Catharines, A story about a Boston real estate agent: The most difficult concept for homeowners...
  • FreeMLS.US, The Fed clueless on the housing market: I own several real estate websites ( http://www.freemls.us...

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    ------------------------------- Beacon Hill Real Estate: Retail Space Available

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    For leasing inquiries contact

    Linda Mitrano at 617-512-4557.


    New Beacon Hill condo

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    Two bedroom hardwood floors, laundy in the building, common roof deck.

    More information call Linda Mitrano at 617-512-4557.


    Classic Beacon Hill Duplex Condo

    Including Income producing In-Law Apartment. Two units for the price of one.

    Offered at: $879,000.00

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

    Lower level offers master bedroom with full bath and laundry. Includes a second bedroom with half bath. This unique condo also features a two level In-law apartment with a seperate entry. One car deeded parking space.

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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 3rf 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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