First, he was thought to be looking at a Boston downtown luxury condo. Now Shaq is reportedly eying Sudbury as his permanent home while playing with the Celts over the next two years. Excerpts from the Herald:
Word on the luxe real estate front is that the newest Boston Celtic – and possibly the newly engaged [...]

Why did this woman pay $500,000 for a 2-week rental?
Excerpts from the New York Post:
…she’s spending a record-breaking $500,000 for a two-week summer rental in the Hamptons, but not just to go to the beach and shop at tony boutiques — she’s hoping to land the love of her life.
“The dating pool is much [...]

More signs that the economy is improving, the Patriot Ledger reports: The Cape and Islands summer rental market is rebounding from an anemic season in 2009, when economic downdrafts put a damper on vacation plans. Now, the most sought-after listings – oceanfront cottages available from mid-July through mid-August – are leasing quickly, and high-end properties [...]

The following excerpts are from UniversalHub.com:
A neighbor of Ernie Boch, Jr. yesterday filed a federal lawsuit against him, alleging three years of ongoing renovations and expansion at the Boch estate in Norwood have sent the man into depression and given him asthma.
The suit, filed in US District Court in Boston by Glenn Arrigo and his [...]

“The rich aren’t as rich as they used to be.”
-Alex Rodriguez, a real estate agent with JM Group USA
Real Estate agents are masters of the obvious, aren’t they? “This is the kitchen” they proclaim, as if a buyer couldn’t deduce that from the refrigerator, stove and dining table.
And so, too, is that obvious quote [...]

From the Boston Herald: Gov Patrick has temporarily pulled his Milton house off the market after a $200,000 price cut and nearly six months on the Multiple Listing Service failed to attract a buyer.
Patrick spokesman Juan Martinez said the governor, who put his massive Colonial up for sale in June, took the place off the [...]

Click here to view: The Biggest Luxury Real Estate Flops of 2009

Mark Whitehouse writes about the advantages of renting in the WSJ: American Dream: Default, Then Rent
Mark Whitehouse describes one former homeowner with a monthly income of $8,300. He was paying $4,800 a month on his home and he was basically working to pay his mortgage. He was really a “debt owner” since the home was [...]

Curt Schilling is having a tough time in the real estate market. Check this out: On March 26, 2008, Curt put his mansion on the market for $8,000,000. A year later, almost to the exact date, March 16, 2009, he reduced the price by $3mil to $5,000,000.
On September 16, 2009, the price was changed again [...]

BACHELORS always seemed to have it made. With only themselves to support, they could flash their cash and trick out their apartments in such a way that James Bond himself would feel at home shaking himself a martini in their ultra-cool, chick-magnet pads.
But times have changed… Bachelor pads are a lot less fun when you’re [...]