I just received this email from the marketing staff at 45 Province Street:
Do you know what’s up downtown? …..45 PROVINCE sales are up over 1,000%!
Sales of 45 PROVINCE condominiums increased dramatically during the past year…in fact, they’ve increased 1,000% with a total of twenty-two sales from June 2010 through June 2011.
The launch [...]

This isn’t exactly good: Boston Federal Reserve president Eric Rosengren acknowledges the economic recovery has been very weak and he only sees “verly slow improvement” moving forward.
The good news for home buyers and sellers alike: Rosengren indicated the Fed will keep interest rates down to help the economy. That should help a little. Then again, [...]

Number of South Boston condo sales 2nd Q 2010 – 205
Number of South Boston condo sales 2nd Q 2011 – 135

Number of Charlestown condo sales 2nd Q 2010 – 105
Number of Charlestown condo sales 2nd Q 2011 – 74
Average Charlestown condo sales price 2nd Q 2010 – $478,432.00
Average Charlestwon condo sales price 2nd Q 2011 – $428,371.00

Obedience and the GPS Girlfriend.
Last weekend. Mona and I were driving up to New Hampshire. The Garmin (aka the GPS) gave us a route to Portsmouth, NH, but I had a hunch it was mistaken.
As I turned left instead of right, I heard her voice hectoring me (not Mona, but the GPS), beseeching me to [...]

Both the Boston Business Journal and the Boston Globe have big articles on all the delays in building various housing and commercial developments along or near the East Boston waterfront.
Most observers agree East Boston has come a long way over the decades. But if it can just get these last few developments done, the [...]

Misers aren’t fun to live with, but they make wonderful ancestors.
—David Brenner

So where are all the jobs? The Obama adminstration will tell you that the $800 billion stimulas package created 3 million jobs. That works out to costing taxpayers $266,000 per job.
What were the most gained jobs in the last 12 months? Number one was Administrative Services. Number two were jobs in food and drinking places.
http://www.financialsense.com/print/contributors/john-mauldin/2011/07/11/what-happened-to-the-jobs

Well, listen to what this guy thinks of investing in the stock market. Looking forward to your comments.

But Boston isn’t one of those cities, according to MarketWatch.
A surprise on the list is Orlando (yes, a Florida city). But the other four are pretty standard: Washington, New York, Dallas and San Francisco. The thinking here is Boston must be a close sixth or seventh, if the list had been extended.