Boston condos and townhouses will see a property tax increase for fiscal 2012.
Boston residential properties tax rate will increase 25 cents or nearly 2% to $13.04 per thousand of the property valuation. This increase will add approximately $150.00 to the average single- family home tax bill.

Six long years after putting his Ritz condo on the market, Manny has finally sold the Boston abode for $5.5 million.
He’s lucky. He lost “only” about $300,000 compared to what he paid for it in 2001, though it’s $3 million short of what he once was asking for it.
It was the most ridiculously long [...]

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 [...]

Boston condos placed under agreement in the month of September for selected neighborhoods:
Back Bay condos under agreement – 28
Back Bay condos that sold in September – 33
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Beacon Hill condos under agreement – 11
Beacon Hill condos that sold in September – 8
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Boston Charlestown condos under agreement – 9
Boston Charlestown condos that sold in September – 16
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Boston Common [...]

Click on average and median Boston condo sales price chart (2nd Q) to enhance.

You heard of Carfax, right? “Show me the Carfax” is the advertisement slogan that you see on TV for which you can find out if a car you’re considering buying has ever been in an accident, had a major repair, or similal vital data. So I guess it would make sense that you should be [...]

If you’re a first time buyer in the Boston condo market you might find this video useful.

Over the years there have been Boston mortgage brokers and Boston mortgage bankers that my clients have used to obtain financing for a Boston condo. The difference between the two: mortgage bankers are direct lenders and if you walked into your bank and obtained a mortgage you would have worked with a mortgage banker. A [...]

The old Chinatown development at the corner of Hudson and Kneeland — right at the gate of Chinatown — got the greenlight from the city and will start construction in 2012. The new $130 million, 20-story development will feature 295 apartments and 50 condos, a 13,000 s/f park, and a community center. A whopping 40 [...]

A friend reports that a Brighton couple who just bought their modest condo in 2007 had to sell this winter to relocate for a job. The young couple was naturally concerned about selling in winter, and in this market — and in Brighton. As it turns out, they didn’t have to worry. First, they had [...]