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Archive for September, 2006


Condo sales drop in August, compared to year ago figures

Condo sales fell 18.5 percent, to 2,103 sales in August, and prices declined 3.3 percent, to $278,000, according to data released by the Massachusetts Association of Realtors.
In August, it took 109 days to sell a single family and 108 days to sell a condo. A year earlier, the time on the market for each was [...]



Beautiful single-family home in extra-secret neighborhood

Snuggled deep between Bay Village and the Theater District is Lyndeboro Place, a street of several single-family townhomes.
One of these rare-gems is now on the market, a three bedrooms, 1 1/2 baths, 1,980 square feet home.
2 Lyndeboro Place, MLS #70452778, $939,000
Beautifully restored in private courtyard features four fabulous levels; Eat-in-kitchen w/stainless appliances, granite counters w/breakfast [...]



Wanted: investor with $9.8 million

From today’s Globe:
With more than 200 years of history, Shreve, Crump, & Low faces new obstacles of declining sales, even after their attempt to revive the business. Tyringham Holdings, which owns Shreve’s, recently filed for Chapter 11 bankruptcy court protection. Carlyle & Co. Jewelers of North Carolina offered $9.8 million to buy Shreve’s and its [...]



How to generate interest in your real estate blog? Marketing.

The people over at the Sellsius Real Estate blog are trying to generate interest in their site.
They’re running this contest, to see whether or not there are any bloggers out there that can post 100 entries, within just 24-hours.
Fun. And, not easy.
The highest number of entries I have ever done in one day was [...]



What you get for the money - $13,995,000

Here’s the concept (for those of you just joining us): Pick a purchase price amount, anywhere from $200,000 to $20,000,000, and compare what you can get in each of Boston’s neighborhoods.
This time: $13,995,000.
As you may have heard, Beth Dickerson, of Dickerson Real Estate, (not to be confused with Janice Dickinson, of Dickinson Modeling Agency), has [...]



Weekly Boston Real Estate Sales and Listings Update, September 23, 2006

The following information is from the local MLS database, as of September 23, 2006, compared to (last week’s numbers).
Total # of condos for sale in the city of Boston: 2901 (2885)
Average # of days on market: 125 (126)
Median price of all condos for sale in the city of Boston: $389,000 ($385,000)
Average price of all [...]




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Recent comments

  • Bradley, Beacon Hill Condo Developer: My prediction: With O & H at the helm, they’ll be sold by March…. May at the latest. I would conservatively guess at least...
  • Jen, Did you refinance your Mortgage?: I refinanced my mortgage last month. It was a 30 yr fixed to another 30 yr fixed at a lower rate. The process took a little less than 3...
  • John Ford, Economist made a mistake?: Confused, how does that syaing go “to err is human to forgive devine.”
  • confused, Economist made a mistake?: Gee, you think he’ll give the money back to all the people who bought his book…or better yet all who bought at the top who...
  • john Ford, Did you refinance your Mortgage?: Mark, thanks for your insights. Keep me posted if you see any trends in the mortgage market place.
  • Mark, Did you refinance your Mortgage?: Hi JohnF, I am a mortgage broker in Stoneham and I can say that most lenders are backed up big time! Some of the lenders that I work with...
  • BS, Back Bay Parking : My place wants between $40k-$45K in covered attached sub-garage. At 30K I would do it just to add value to the apt on resale.
  • Hrmm!, Back Bay Parking : not that much when you realize a resident sticker costs you nothing but a short walk for your fat ass.
  • JFord, Boston condo listing: I can’t say either way. Please note, it wasn’t me that said it was the largest in the city it was the listing broker.
  • Anon, Boston condo listing: 15×30 is a nicely sized roof deck, but it is hardly the largest in Boston.