The Sleepbox is the newest Russian invention. Apparently, they think this will be in big demand at one of Russia’s largest airports – Sheremetyevo, especially for passengers that had one too many vodkas.

From the Fiscal Times:
In America, it’s starting to feel as if there are two housing markets. One for the rich and one for everyone else.
Consider foreclosure-ravaged Detroit. In the historic Green Acres district, a haven for hipsters, a pristine, three-bedroom brick Tudor recently sold for $6,000 — about what a buyer would have paid during [...]

“We live by the Golden Rule. Those who have the gold make the rules.” —Buzzie Bavasi

Developers across the city are unveiling plans for new apartment buildings. Notice what’s missing: new luxury condos.
No big surprise. But it is curious to see how completely the market has changed.
Luxury condos will make a comeback one day, probably sooner than people think. But it’s not going to happen this year or next.
File under: Time [...]

Maybe it’s sign of economic recovery. Maybe it’s just talk.
But after suspending many of its ambitious Allston development plans following the 2008 Wall Street collapse, Harvard is once again showing signs of resuming construction projects in the Boston neighborhood. First up: Construction of a “Harvard Square-like” retail center at the corner of Western Avenue [...]

Looking for signs that the economy is improving? Here’s some good news, a new store recently opened up on Milk Street in downtown Boston. Let’s take a look:

Click on photo to enlarge.
Yes, finally I can get my 1990’s VCR fixed!

I always enjoying reading emails from my Boston Reel Estate Blog readers:

Harrison and Albany to see incentivized development
Towering skyscrapers line Albany St. Commuters walk down tree-lined streets on their way to South Boston. Residences, stores and restaurants pepper Harrison Ave.
It’s a vision that may not be the reality today, but it could be the neighborhood’s future.
Read more

John Forger of Old Forge Realty in Boston is one of the contestants in the NBC show “The Biggest Loser.”
John Forger is 6 feet tall and weighs in at 346 pounds. He’s also the oldest contestant to ever participate in “The Biggest Loser” at the age of 65.
Click here to read more

Click Masschusetts housing inventory chart to enlarge.
Massachusetts housing inventory which is typically the highest in the spring and lowest in the winter, peaked at 45,412 in June 2006. The lowest inventory level was in Janaury 2011 with 19,327 units for sale. As of today, we have an inventory of 27,302 single-family homes and condos for [...]

“Some people will do anything for money – even work.” —P.K. Shaw