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Archive for the 'us and world economy' category


The world’s worst housing market

What’s the world’s worst housing market? Hold the Detroit and Las Vegas jokes. Instead, it’s … Spain. Check out some of the stats. Yikes.



‘The end of the housing crisis’

How many times has someone predicted that we’ve hit bottom in the housing market? Probably a gizzillon times. But recent data shows that we may indeed be at the end of the housing crisis — and it was ultimately about just letting the market heal itself. An update — More evidence of recovery: Foreclosures were [...]



‘The student loan bubble mirrors the housing crisis’

Here’s a thought-provoking article about how the current student-loan bubble resembles the build up to last decade’s housing bubble — complete with absurdly easy credit, low lending standards, government-backed loans, and large private lenders all too ready to push the risk envelope because they know they won’t be held responsible. More than likely, it probably [...]



One reason to root against a housing recovery

You might be saying, “Huh? Don’t root for a housing recovery?” That’d normally be a logical reaction. But a housing recovery also helps Too Big Too Fail Banks, allowing them to go back to their old reckless and risky ways. In a strange twist, the limping-along housing market is actually keeping the big banks in [...]



S&P Case Shiller: U.S. home prices increase for sixth straight month

Good news: US housing prices were up again in July, indicating a sustained if slow housing recovery. It should help the overall economy too. Boston’s prices, seasonally adjusted, were also up in July, Fyi. And, oh, Atlanta’s market is also showing signs of improvement, though it’s like saying a few hours after a heart attack, [...]



More good news on U.S. housing front

There’s more good news on the U.S. housing front: Sales were up over the summer while construction starts on new homes also increased. It’s not exactly jumping-for-joy news. But, hey, we’ll take it. Update – Hold that optimism! One prominent economist says we haven’t seen the bottom yet of the housing market and prices could [...]



‘Unimpeachable signs that this national nightmare is now over’

What national nightmare? Laverne & Shirley reruns? Boiled spare ribs? What? Wait, it’s the housing slump nightmare that’s now allegedly and unimpeachably over. OK, we can live with that, though the only thing worse than Laverne & Shirley reruns and boiled spare ribs is watching Laverne & Shirley reruns while eating boiled spare ribs. And [...]



Brisker sales, smaller inventory

Here’s an interesting piece about how sales of homes are picking up in the U.S. while the overall supply is dwindling. It’s pushing up prices, slightly. Of course, there’s probably yet another wave of foreclosures coming out of the old pipeline. But it’s still encouraging news.



‘The can’t build homes fast enough here’

Can you guess where they’re talking about? Seaport? Cambridge? Nantucket? Weston? Nope, nope, nope and nope. Hint: It’s farther west. Much farther west. File under: Energetic recovery



The mortgage mess: ‘It’s not done yet’

The housing market and economy may slowly be recovering. But within banking circles, it’s still a mess, according to this article by Reuters. How best to describe it? Think of a really big hangover, such as from downing a few too many at a cousin’s truly wild wedding, and then not wanting to look at, [...]



Let's talk Boston real estate. The most recent real estate comments

  • Dallas Website Design, BRA to Faneuil Hall Marketplace manager: Get your butt moving: This is the reason our devs...
  • tlefyqqx0029, Banned in Boston: Billboards: kurz : . wer ist die person oder organisation was haben sie für south san...
  • Redmond Real Estate, Local Home Bidding Wars : Today I read this blog and I want to said that it is really true. I...
  • warren currier, The 20 most valuable homes in Boston: where is it 7AM right now…? fix your Ford clock.
  • warren currier, The 20 most valuable homes in Boston: Yo, my home is the most valuable home in Boston. I live there.
  • Georgina Zala, AG’s office tells Cambridge realty company it can’t discriminate against children: Wow- I...
  • Dave Reznikow, The escalating prices of Boston condos: Great article John! Nice work.
  • Boston Condo Buyer, Boston and U.S. see strong home price increases: JS – I think we’re in another bubble...
  • JS, Boston and U.S. see strong home price increases: How sustainable do you think the run up is? My condo was...
  • pulsa aqui, New construction in Boston, MA: Hi there, I found your web site by means of Google while searching for a...
  • appliance center, Boston Condos: South End open Houses: Someone necessarily help to make critically articles I might...
  • Nemo, Pending home sales in Massachusetts skyrocket: Contrary opinion here. Our current situation is like a car that...
  • diana, Park Plaza Hotel sold for $250M (that’s right, 250 million): Thanks for the useful information! I have...
  • JS, To bury or not to bury : I blame the media for the circus – did we really need to know where the body was...
  • Condo seeker, To bury or not to bury : Sorry meant near Connecticut …not New Jersey..
  • Condo seeker, To bury or not to bury : John, I mostly agree with you. I dont really understand the whole burial at...
  • Nemo, To bury or not to bury : My opinion is that as soon as the family back in Russia indicated they didn’t...
  • ofertas de viajes baratos a puerto plata, Seasonal summer vacation homes available at Summer Village at the Pond: ...
  • JS, Even Cambridge says ‘no’ to bomber burial: It is bizarre… I think it’s pathetic that his...
  • thuốc esse, New Boston luxury condo listings for April 3, 2011: Hey there, You have performed a great job. I will...

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    ------------------------------- Boston condo sales for June 2012 - 643.

    Number of Boston condos sold: 643

    Average sales price for a Boston condo: $585,113

    Median sales price of a Boston condo: $445,000

    Average square foor price: $510.00

    Average days on the market: 67



    Boston Real Estate / Boston Condos



    Click on the links below for Boston condo neighborhood sales listings

    Boston Back Bay Condos

    Beacon Hill Condos

    Boston Charlestown Condos

    Fenway Boston Condos

    Boston South End Condos

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    Back Bay Condos Sales Stats 2012


    Boston Back Bay Condos 1st and 2nd Quarters 2012



    Back Bay condo sales in the 1st Quarter of 2012 - 80
    Back Bay condo sales in the 1st Quarter of 2011 - 82

    Back Bay average condo sales price in the 1st Q of 2012 - $1,261,255
    Back Bay average condo sales price in the 1st Q of 2011 - $1,306,435

    Back Bay median condo sales price in the 1st Q of 2012 - $789,750
    Back Bay median condo sales price in the 1st Q of 2011 - $828,895

    Back Bay condo 1st Q 2012 sales price per square foot - $804
    Back Bay condo 1st Q 2011 sales price per square foot - $809

    Back Bay condos days on market 1st Q 2012 - 142
    Back Bay condos days on market 1st Q 2011 - 133

    Back Bay condo sales in the 2nd Quarter of 2012 - 170
    Back Bay condo sales in the 2nd Quarter of 2011 - 118

    Back Bay average condo sales price in the 2nd Q of 2012 - $1,100,149
    Back Bay average condo sales price in the 2nd Q of 2011 - $1,329,678

    Back Bay median condo sales price in the 2nd Q of 2012 - $761,000
    Back Bay median condo sales price in the 2nd Q of 2011 - $840,000

    Back Bay condo 2nd Q 2012 sales price per square foot - $787
    Back Bay condo 2nd Q 2011 sales price per square foot - $823

    Back Bay condos days on market 2nd Q 2012 - 80
    Back Bay condos days on market 2nd Q 2011 - 133

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    Beacon Hill Condos Sales Stats 2012



    Boston Beacon Hill Condos 1st and 2nd Quarters 2012



    Beacon Hill condo sales in the 1st Quarter of 2012 - 35
    Beacon Hill condo sales in the 1st Quarter of 2011 - 25

    Beacon Hill average condo sales price in the 1st Q of 2012 - $808,840
    Beacon Hill average condo sales price in the 1st Q of 2011 - $852,720

    Beacon Hill median condo sales price in the 1st Q of 2012 - $549,000
    Beacon Hill median condo sales price in the 1st Q of 2011 - $542,250

    Beacon Hill condo 1st Q 2012 sales price per square foot - $747
    Beacon Hill condo 1st Q 2011 sales price per square foot - $675

    Beacon Hill condos days on market 1st Q 2012 - 108
    Beacon Hill condos days on market 1st Q 2011 - 198

    Beacon Hill condo sales in the 2nd Quarter of 2012 - 65
    Beacon Hill condo sales in the 2nd Quarter of 2011 - 69

    Beacon Hill average condo sales price in the 2nd Q of 2012 - $677,684
    Beacon Hill average condo sales price in the 2nd Q of 2011 - $661,045

    Beacon Hill median condo sales price in the 2nd Q of 2012 - $516,250
    Beacon Hill median condo sales price in the 2nd Q of 2011 - $511,750

    Beacon Hill condo 2nd Q 2012 sales price per square foot - $743
    Beacon Hill condo 2nd Q 2011 sales price per square foot - $686

    Beacon Hill condos days on market 2nd Q 2012 - 67
    Beacon Hill condos days on market 2nd Q 2011 - 80

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    Brighton Condos Sales Stats 2012



    Brighton Condos 1st and 2nd Quarters 2012



    Brighton condo sales in the 1st Quarter of 2012 - 41
    Brighton condo sales in the 1st Quarter of 2011 - 47

    Brighton average condo sales price in the 1st Q of 2012 - $254,685
    Brighton average condo sales price in the 1st Q of 2011 - $254,324

    Brighton median condo sales price in the 1st Q of 2012 - $237,000
    Brighton median condo sales price in the 1st Q of 2011 - $250,000

    Brighton condo 1st Q 2012 sales price per square foot - $316
    Brighton condo 1st Q 2011 sales price per square foot - $297

    Brighton condos days on market 1st Q 2012 - 28
    Brighton condos days on market 1st Q 2011 - 84

    Brighton condo sales in the 2nd Quarter of 2012 - 91
    Brighton condo sales in the 2nd Quarter of 2011 - 73

    Brighton average condo sales price in the 2nd Q of 2012 - $268,434
    Brighton average condo sales price in the 2nd Q of 2011 - $255,140

    Brighton median condo sales price in the 2nd Q of 2012 - $255,500
    Brighton median condo sales price in the 2nd Q of 2011 - $254,000

    Brighton condo 2nd Q 2012 sales price per square foot - $337
    Brighton condo 2nd Q 2011 sales price per square foot - $311

    Brighton condos days on market 2nd Q 2012 - 59
    Brighton condos days on market 2nd Q 2011 - 99

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    Charlestown Condos Sales Stats 2012



    Charlestown Condos 1st and 2nd Quarters 2012



    Charlestown condo sales in the 1st Quarter of 2012 - 43
    Charlestown condo sales in the 1st Quarter of 2011 - 47

    Charlestown average condo sales price in the 1st Q of 2012 - $491,085
    Charlestown average condo sales price in the 1st Q of 2011 - $485,918

    Charlestown median condo sales price in the 1st Q of 2012 - $435,000
    Charlestown median condo sales price in the 1st Q of 2011 - $467,500

    Charlestown condo 1st Q 2012 sales price per square foot - $432
    Charlestown condo 1st Q 2011 sales price per square foot - $444

    Charlestown condos days on market 1st Q 2012 - 112
    Charlestown condos days on market 1st Q 2011 - 125

    Charlestown condo sales in the 2nd Quarter of 2012 - 115
    Charlestown condo sales in the 2nd Quarter of 2011 - 72

    Charlestown average condo sales price in the 2nd Q of 2012 - $474,847
    Charlestown average condo sales price in the 2nd Q of 2011 - $423,006

    Charlestown median condo sales price in the 2nd Q of 2012 - $452,000
    Charlestown median condo sales price in the 2nd Q of 2011 - $408,500

    Charlestown condo 2nd Q 2012 sales price per square foot - $438
    Charlestown condo 2nd Q 2011 sales price per square foot - $437

    Charlestown condos days on market 2nd Q 2012 - 81
    Charlestown condos days on market 2nd Q 2011 - 60

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    Fenway Condos Sales Stats 2012



    Fenway Condos 1st and 2nd Quarters 2012



    Fenway condo sales in the 1st Quarter of 2012 - 19
    Fenway condo sales in the 1st Quarter of 2011 - 20

    Fenway average condo sales price in the 1st Q of 2012 - $404,579
    Fenway average condo sales price in the 1st Q of 2011 - $320,828

    Fenway median condo sales price in the 1st Q of 2012 - $375,000
    Fenway median condo sales price in the 1st Q of 2011 - $291,500

    Fenway condo 1st Q 2012 sales price per square foot - $513
    Fenway condo 1st Q 2011 sales price per square foot - $436

    Fenway condos days on market 1st Q 2012 - 42
    Fenway condos days on market 1st Q 2011 - 180

    Fenway condo sales in the 2nd Quarter of 2012 - 79
    Fenway condo sales in the 2nd Quarter of 2011 - 58

    Fenway average condo sales price in the 2nd Q of 2012 - $358,981
    Fenway average condo sales price in the 2nd Q of 2011 - $321,013

    Fenway median condo sales price in the 2nd Q of 2012 - $360,000
    Fenway median condo sales price in the 2nd Q of 2011 - $292,000

    Fenway condo 2nd Q 2012 sales price per square foot - $519
    Fenway condo 2nd Q 2011 sales price per square foot - $491

    Fenway condos days on market 2nd Q 2012 - 86
    Fenway condos days on market 2nd Q 2011 - 51

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