Warren Buffett says the housing market is harming the U.S. economy and won’t rebound until inventory is drawn down. Buffett:
Surprise, we had this huge inventory. … We’re drawing down on the inventory every day, I don’t know how long that takes, but I know when it’s through, when we’ve reached something close to a balance, [...]

I thought this was an interesting news story that I read over the weekend.
A tech journalist left the company he worked for and took 17,000 Twitter followers with him. When his former boss demanded his Twitter password he refused.
The tech journalist’s former company sued the journalist that viewed each of the 17,000 followers at a [...]

Boston Condos North End
North End – 44 Prince # 114 Status: Available Price: $459,000 Type: Condo
Bedrooms: 1 Bathrooms: 1 Sq. Footage: 661 $/Sq. Foot: $694.40
Condo Fee: $451.00 Bldg Loc: Space: Common Courtyard Parking: Street
Description: Located in the newest luxury complex in [...]

By now it’s clear that certain Boston proper condo neighborhoods experienced a drop in October condo sales.
Fear not, Boston real estate agents: I’ve read up on the National Association of Realtors Guilde-Line of Excuses.I now have three well written excuses of why Boston proper condo sales declined in October 2011.
It’s as easy as one, two, three.
Boston [...]

I reported earlier in the week that I heard that Beacon Hill Hammond Real Estate office was moving from their Charles Street retail location. As a follow-up, I noticed that above the Starbucks on Beacon Street there’s a new sign that states: Hammond Real Estate moving in soon. (Second floor on the corner of Charles [...]

I’m sure more than a few local home sellers, buyers and agents can sympathize with the Sacramento gentleman whose home appraisals were all over the financial map.
Fortunately, the Massachusetts housing market is less crazy than the housing market in California. But still …
File under: Eeny, meeny, miny, moe

Boston Condos: South End Open Houses
South End Condos – 69 E Berkeley St # 10 Status: Available Price: $329,000 Type: Condo
Bedrooms: L Bathrooms: 1 Sq. Footage: 553 $/Sq. Foot: $594.94
Condo Fee: $243.00 Bldg Loc: Penthouse Space: Deck Parking: Available To Purchase(1)
Description: Fourth [...]

Boston Back Bay condos: Open Houses.
Boston Back Bay Condos – 501 Beacon St # 3 Status: Available Price: $295,000 Type: Condo
Bedrooms: S Bathrooms: 1 Sq. Footage: 430 $/Sq. Foot: $686.05
Condo Fee: $342.00 Bldg Loc: Space: None Parking: Street
Description: Spacious front facing [...]

Don’t look now, but a proposal by Simon Property to build a 47-story residential tower near Copley Square is drawing more and more criticism.
The opponents’ biggest stated complaint: The tower will cast a huge shadow over the square. But the debate over shadows somehow always seems to drift toward another complaint: That there isn’t [...]

Penn State students weren’t happy last night after Joe Paterno got fired for not doing enough to stop the rape of innocent young children.
Seriously, can it get any more pathetic?
File under: Losers