How long does it take to sell a Boston condo? Fenway – 68 days North End – 98 days South End – 110 days South Boston – 111 days Back Bay – 137 days Midtown – 148 days Beacon Hill – 149 days Source: MLS based on the last 6 months of Boston condo sales.

March 3, 2010 excerpts from Fed Beige Book: Residential Real Estate Home and condo sales continued to show significant year-over-year increases in December 2009, belying concerns that year-over-year declines would recur after the huge sales increases in November that were mainly attributed to the first-time homebuyer tax credit. Part of the continued strength may be [...]

It’s not like I would ever say that free money isn’t worth it, especially when it’s a tax credit of up to $8,000. But I still doubt that first-time homebuyers who got their chunk of the housing kick-start are jumping for joy that they won’t be able to e-file come April. As if it’s not [...]

Attorney General Martha Coakley is going after Acton developers who were allegedly “padding their profits” on affordable housing projects. It’s just one case — and it was referred to Coakley by the inspector general’s office. There’s no indication whether the Acton case is part of a larger probe. But there are lots of similar allegatons [...]

Buried in an article in Sunday’s New York Times was an update on Gale International’s One Franklin, née Filene’s building, development project. As most readers know, the project has been delayed “because of difficulties obtaining credit,” according to the Times. According to Gale president and chief executive John B Hynes, III, about three-quarters of the [...]

There is a cool building at the corners of Tremont and Charles Street South. It’s the “Church of All Nations” building at 333 Tremont Street, a.k.a., “the Round Building”. (The current-day building was constructed in 1975; prior churches on the site were apparently more ornate. The building before the current one was torn down in [...]

Back in the day, the area around North Station was a vast wasteland of government offices and eight-lane highways (remember when you had to go to the Registry on Nashua Street?) Fast forward, and today the area, re-christened as “the Bulfinch Triangle” is the site of condos, apartment buildings, and hotels … surrounded by a [...]

Those worried about a glut in the number of “luxury” condominiums going up around the city have a little less to worry about. In recent days, developers of two high-profile projects have announced they are cutting residential units from their plans. Boston Properties, developer of the under-construction Russia Wharf mixed-use project, told the Boston Business [...]

Yesterday, Boston Mayor Thomas M Menino announced plans for the city to stimulate downtown construction by giving up to $40 million in loans to local developers. From the Boston Herald: “This is for projects that are ready to go,” said Mayor Thomas M. Menino this morning. “That means the project has its permits and the [...]