The Charles Street Inn, located at 94 Charles Street, is now up for sale. Asking price $3.9 million, which includes the building and two parking spaces.

“Inflation hasn’t ruined everything. A dime can still be used as a screwdriver” —Quoted in P.S. I Love You, compiled by H. Jackson Brown, Jr.

Boston’s 1.1% drop in home prices since last year was one of the lowest among metro areas tracked by S&P/Case-Shiller index. Boston’s low unemployment rate of only 6.2% is much lower than the national average of 8.6%. Translation: There’s reason to be cautiously optimistic for the 2012 Boston condo sales market. Your thoughts?

Interesting debate on MSNBC Morning Joe, whether President Obama’s policies are helping or hurting the national economy.

Visit msnbc.com for breaking news, world news, and news about the economy

The National Association of REALTORS held their annual meeting last week. The purpose was to compile homebuyer stats. Here are some of their results:
- Four out of 10 buyers in 2011 were first time buyers, down from 50% last year;
- For first-time buyers, the median age was 31; median income was $62,400. The typical [...]

New listing: Seven-unit building with unobstructed views of the Boston skyline. Walking distance to T and bus stops. For more information, call Linda Mitrano at 617-512-4557 or 617-720-5454. Rare opportunity to purchase a Boston residential building for only $1,100,000. Principles only.

The latest S&P/Case-Shiller home price index is out again.
Sorry, Boston, but we’re still not out of the woods. We were among the losers in September, though not nearly to the extent felt in other cities across the nation.
Boston’s price stats: Home prices fell .77 percent in September, .05 percent over the previous three months, 1.29 [...]

They’re now coming off the conveyor belt like widgets: The BRA has approved the Abbey Group’s plan for a new $150 million residential and office/retail complex at 1282 Boylston in the Fenway.
It’s just the latest residential-building project to proceed in Boston. It’s also one of a slew of similar developments in the Fenway. As the [...]

The Fed doesn’t think new low mortage rates are helping the national housing market. So – the Feds are looking in a new direction.

Someone wrote in the following to Boston Real Estate Blog: “After reading this Herald story, I thought it might be a good idea for you to start hosting ‘Open Bar Parties,’ instead of ‘Open House Parties,’ to attract new attention and business. I guarantee you three things: 1.) You’ll be the most popular broker on [...]