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Archive for the 'Boston real estate condos news' category


The New Real Estate Trend ‘Strategic Defaults’

Alana Semuels at the LA Times has an interesting article on how more individuals are opting to walk-away from their mortgages:

Joseph Shull, a 68-year-old marketing professor, said he’s planning to walk away from the town house he bought in Moorpark in June 2006.
“I’m angry, and there are a lot of people like me who are [...]



Trivia

The first St. Patrick’s Day celebration in America was in 1737 hosted by the Charitable Irish Society of Boston. The second was established in 1780 by the Friendly Sons of St. Patrick in Philadelphia.
The Harp is the official Emblem of Ireland, not the Shamrock. The handheld Harp was played by our Celtic Forefathers.
Over 40% of [...]



Housing Market Looking Good

There’s a great article in today’s Business Week, headlined Housing Real-Estate Recovery Signaled as Fed Unwinds (Update1):
Here are the key points that can be used to motivate a buyer …
•“I would bet even odds that we’re at a bottom and that we’re going to see improvement in the coming months,” said Karl Case, co-creator [...]



Boston’s Luxury Condo Market Rebound

Boston’s luxury condo market is starting off 2010 in better shape, after suffering through a rocky couple of years.
Excerpts of a radio interview with Tracy Campion on WBUR 99.9 fm:
Tracy Campion sells units at one development, Bryant Back Bay. She said the crash rattled her clients, even the ones who pay with cash. “There’s still [...]



Boston Condo Sales – The First 70 Days

Boston condo sales data:
1/1/08 – 3/11/08 – 707 condos sold, avg. price per sq ft – $489
1/1/09 – 3/11/09 – 464 condos sold, avg. price per sq ft – $363
1/1/10 – 3/11/10 – 574 condos sold, avg. price per sq ft – $437
Another sign that the worst is over?
File Under: Bottoms up.



When real estate listing photos go wrong … so wrong

Julius Caesar once observed that ”After 20 battles, a mule is still a mule.” Such pithy sayings made him a hit on the dinner-party circuit in downtown Rome, circa 70 B.C., but they often left his audience puzzling over what he actually meant. Sorry some of you had to wait over 2,000 [...]



Boston Apartment rents on the rise. Huh?

This blog post may suprise you. According to a recent Boston Herald news report, Boston apartment rents may be on the rise. The following excerpts are from the Herald:
Vacancy rates in Greater Boston’s apartment buildings are expected to decline in 2010, pushing up rents slightly, according to a forecast by CB Richard Ellis.
The commercial real [...]




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