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Archive for November, 2007


The 1850: South End condo project, rebranded

There was an ad in this week’s Boston Homes for a new condo project.
From Boston Homes:
The 1850
“South End Living from $326,000″
This is the “SoHa Lofts” project that was announced a year (or two) ago.
Gibson Sotheby’s was listed as the sales team, at the time, but no word on who will be handling it, [...]



Boston residential real estate condo sales, November 23, 2007

The following information is from the local MLS database, as of November 23, 2007, compared to (November 17, 2007) (November 23, 2006 - where available).
Total # of condos for sale in the city of Boston: 2,325 (2,400) (N/A)
Average # of days on market: 138 (132) (N/A)
Number of condos sold (closed) over past 30 days: 257 [...]



Trulia adds foreclosures data to its website

Somebody was working late in her office, last night.
From an email:
Dear John,
I wanted to give you some Trulia scoop just prior to the holiday: today we announced the addition of 400,000 foreclosure listings to our index of more than 2 million searchable homes for sale through a partnership with RealtyTrac, the nation’s #1 source of [...]



You’ve never had it so good

Columnist Kenneth R Harney spins the US real estate market:
With the daily bad news about the state of the housing market, it’s easy to lose sight of some larger economic realities: Despite declining prices in many markets, homeowners still control near-record equity holdings, just under $11 trillion …
… Prices are off — 4.4 percent [...]



Prudential expansion is good for neighborhood, Boston

I think the proposal to build two new towers near the Prudential Center is a good one.
A 19-story office building is proposed for 888 Boylston Street. It would rise next to the new Mandarin Oriental residences and hotel, currently under construction.
Around the corner, on Exeter Street, a 30-story residential tower would be constructed.
Up to [...]



You don’t got it so good

How can you get your house sold in a slower real estate market?
According to the Globe:
“Buyers just want price,” says Mike Morgan, a Stuart, Fla.-based lawyer, real estate broker, and consultant who researches property markets for hedge funds and financial institutions. “Buyers have become educated, and they can easily cut through the fluffy incentives.”
“If you [...]




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