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Archive for May, 2008


How Boston is better (or worse)

Scene outside the London Underground, a couple of hours ago.

Okay, I’m not passing judgment, but for how long was it legal to drink on the subway, anyway?
Good news, we have two days to totally enjoy ourselves!

05/28/08 | 4 Comments »



Weekly Boston Condo Sales and Listings Report, May 23, 2008

This week’s Boston Real Estate Condo Market Reports are now available.
The market reports provide readers with detailed information on the state of the Boston real estate market.
The reports include data on inventory, recent sales, and price per square foot of condos for sale and recently closed.
In addition to a summary report of sales across the [...]

05/28/08 | Leave a comment »



How Boston is better

MLSPIN is the local Multiple Listing Service in Greater Boston.
It is really good. The technology is top of the line (regardless of the service problems they’ve been having …).
Some people love to complain about MLSs because, in many states, the sites are run by the local Realtor board, meaning by an affiliate of the [...]

05/28/08 | Leave a comment »



Splitting hairs

Data released shows that segments of the real estate market are seeing big changes:
In April 2007 homes for sale under $500,000 accounted for 40 percent of all sales and homes priced from $500,000 to $1 million accounted for 45 percent of all sales. That shifted in April 2008, with homes under $500,000 accounting for 64 [...]

05/28/08 | Leave a comment »



Inflation not a fear; lack of credit is

Lou Barnes says we should (still) be concerned about a tight credit market and that the Fed’s doing darn good (he’s of the minority view on that one, I think). One thing he doesn’t want to happen? Bailouts, handouts, and deficit spending.
The Fed is playing a very dangerous game exceptionally well. Inflation is [...]

05/27/08 | 1 Comment »



NorthPoint buyers get organized

Comment from a buyer who has a unit under agreement at NorthPoint, which is apparently promising closings beginning 3 June.
Comment by Dennis | 05/27/08 at 1:01 pm
My email address - BOS40@comcast.net. I would like to contact other Northpoint investors so we can keep each other informed. Dennis.

05/27/08 | Leave a comment »



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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.




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