With the stock market in free fall since August 1, you may be wondering how the Boston condo market is doing.  Well, put your ear closer to your computer screen and I’ll let you in on a secret – It’s doing just fine. Looking at Boston-proper condos going under agreement from Aug. 1 to Aug.8, [...]

OK, Standard & Poor’s downgrades the U.S. government. Investors are supposed to panic and flee government bonds. Interest rates should go up. The cost of borrowing gets more expensive for everyone — including those seeking home mortgages. But look what’s actually happening: Interest rates are going down. It seems investors still believe in the stability [...]

Boston LINK, one of Boston’s condo sales tracking systems used by area Realtors, is now displaying part of its quarterly Boston real-estate reports on the popular YouTube.

Last Saturday, I had lunch at the Rattlesnake Bar and Grill in Back Bay, and there the manager informed me that the owners of Rattlesnake and Parish restaurant were close to gaining approval to open up another restaurant/bar at the now defunct Shanghai La Chinese restaurant, located on 129-135 Cambridge Street, on Beacon Hill. Previously, the owner of [...]

We’ve all seen the large national real estate TV commercials claiming to be tops in customer satisfaction and sales. So who is really number one? According to the JD Power study, now in its fourth year, the winner is ReMax, based on measurements of satisfaction of home buyers and sellers using the largest national real estate [...]

Keith Olbermann (yeah, he’s still around) interviews Paul Krugman on what’s next for the economy. File Under: Monday morning blues

Boston South End condominium price reductions for the last 90 days: Number of condos with price reductions: 180 Number of price changes for these condos:225 Avg Boston South End condo change: 4.40% Avg total condo price change: $20,035.46

Continuing with our series of positive posts amid all economic evidence to the contrary, we’d just like to point out that this gentlemen thinks stocks will rebound in a couple of days — and then we’ll have a complete collapse and a war. The positive news: 1.) Obviously, stocks will rebound over the next few [...]

Absolutely determined to remain positive in the face of overwhelming economic evidence to the contrary, we’d just like to point out this obvious happy fact, despite the financial turmoil: Isn’t the summer weather great today? See? It’s not so difficult to find a silver lining. Right? OK, back to the financial carnage. Ugh.

 The two charts below compare July 2010 with July 2011 for Boston condos placed under agreement. You’ll need to click on each condo chart to enhance. July 2010 Boston condos under agreement: July 2011 Boston condos under agreement: *Please note that the under $50,000 column should be ignored as almost all of those stats are referencing [...]