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Archive for July, 2011


Who can we give this message to?

I was reading a blog this morning regarding leadership entitled: A message to a leader. The writer asked a simple question: What is a leader?
The answer of course is a leader leads. Is that too simple?
Writers write. If you want to be a Boston real estate writer, write. And be sure to have people read what [...]



Boston: Looking for “Grand Opening” signs

As stated in an earlier blog post I’m eagerly waiting for the “Grand Opening” signs to appear in Boston, to show we’re pulling out of the “Great Recession” Well here’s some hope:
Bostonrestaurants.blogspot.com reported that a new restaurant will be opening up in the former Brighham’s space in the Boston Financial District.
According to a poster on the [...]



Extreme Wedding Proposal

File Under: She fell for it.



Boston real estate and the debt ceiling

In the news, I keep hearing that if U.S. doesn’t raise the debt ceiling, the U.S. economy will collapse. What I don’t hear enough of  is: Why? And, more importantly, what impact will this have on the Boston real estate market?
So here’s a quick and, hopefully, understandable explanation.
Think of the U.S. national debt as a super [...]



Historic Roxbury mansion to get $2.8M rehab

Here’s encouraging news: Historic Boston Inc. is going to restore and then divide up into five housing units the old Kittredge mansion in Roxbury. The Globe has an interesting story this morning on the $2.8 million project.
Monday, the non-profit Historic Boston Inc. is holding an open house at the Greek-revival mansion, between 5 and 7 [...]



Follow the store-front canary…

Miners used to use canaries to detect carbon dioxide in mines. If the canary went kaput, then there was bad things to come. … Commercial space has been the canary in our recession. Remember the mall closest to where you live? Those big-anchor tenants (i.e. Macy’s, Sears, Lord and Taylor) were always there. They never [...]



What’s your view of views? Depends on your view

Here’s a depressing story on how difficult it is to get developments through Boston’s (and the state’s) tortuous zoning, legal and building-permit stages.
It’s technically a classic NIMBY tale, but recent court decisions now make a proposed South Boston housing/art studio project a possible test case on whether building opponents can sue, at any time, to [...]



Mold: The latest housing market woe

All of those foreclosed homes sitting empty, often times with the utilities shut off, are gathering more than just dust. NPR reports they’re also gathering, or actually growing, mold.
Says one Realtor quoted by NPR: ”I have a release form that I use, and if the property has got a lot of mold in it, I don’t [...]



Menino blasts owner of Filene’s site in Downtown Crossing – again

The war of words escalated yesterday between Mayor Menino and Vorando Realty Trust, with his honor calling the owner of Downtown Crossing’s Big Hole “scurrilous.”
Boy, Menino really hates those guys. As a result, we think it’s now officially safe to say the  two sides will never reconcile in our life time.
FYI: There was one other [...]



Highest performing real estate markets

This is a follow up chart to a previous Boston Real Estate Blog post.
Click on real estate chart to enlarge.



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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    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 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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