According to the Regisrty of Deeds the W sold another condo on August 12, 2010. The unit was 22J, one bedroom, one bath that sold for $750,000.

Total units sold 18 out of 122-unit building.

If you are feeling satisfied that housing has turned the corner, DO NOT watch this clip.

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“Ninety percent of homeowners say they don’t regret buying their home despite a nationwide tsunami of foreclosures, short sales and loan modifications…” Read more Bankrate.com

The quote of the day (regarding the economy) is from Bloomberg’s Caroline Baum:

“What we had was a government-prescribed course of amphetamines (to keep it up), antibiotics (to prevent infection) and antidepressants (to make it feel better). It endured regular steroid injections from both monetary and fiscal authorities. And it still has no real muscle.”

Some interesting anecdotes from David Streitfeld at the NY Times:

Lenders say they are trying to recover some of that money but their success has been limited, in part because so many borrowers threaten bankruptcy and the collateral in the homes backing the loans has often disappeared.

The result is one of the paradoxes of the recession: the more money you borrowed, the less likely you will have to pay up.

CNN reported today that the Obama administration is making $3 billion in additional funds available to help troubled homeowners avoid foreclosure.

One part of the plan, includes a new $1 billion program that will offer loans to unemployed borrowers at risk of losing their homes. The loans, which will be dispersed through nonprofit and housing agencies, will carry 0% interest.

File Under: This sounds like a real money maker for taxpayers.

Are Boston home sellers getting more realistic?

Real-estate website Trulia.com says that more Boston sellers reduced their homes prices in August, the fourth straight month for Boston price reductions.

The number of price reductions from July 1st to August 1st was 35% of all listings, which was the 4th largest out of 50 top cities ranked by Trulia.com. The average price reduction was 7%.

The Boston Herald reported today that Shaquille has narrowed down his home search. Apparently, according to the Herald, 45 Province Street dropped the ball. Excerpts from the Herald:

Shaquille O’Neal won’t be living at 45 Province.

Representatives for Shaq, who was introduced by the Boston Celtics yesterday, sent him photos and descriptions via text messages of the Downtown Crossing luxury condominiums, but he gave a thumbs down to the 32-story complex near the former Filene’s, the Herald has learned.

Click here to read more on Shaq’s home search.

Banker & Tradesman reported today that several local real estate offices were charged with housing discrimination.

Attorney General Martha Coakley’s office has obtained a consent judgment and filed two lawsuits against multiple real estate companies and their agents for allegedly violating state anti-discrimination, lead paint and consumer protection laws.

Century 21 Access Properties LLC in Canton, Greater Metropolitan Real Estate Inc. of Malden and Central Real Estate of Quincy were sued for discrimination, according to a statement released by Coakley’s office.

….Greater Metropolitan Real Estate (GMRE) and its employees Dotty Ryan and Gianna Rosa also discriminated against families with children, which included posting advertisements on Craigslist stating the lead status of properties.

How many times have we heard this before?

Read more.