Why do home prices fall slowly, in a down market?
Karl “Chip” Case gives his opinion, in a paper released recently.

Bob Shiller and I have surveyed homebuyers for nearly two decades, and consistent evidence of this stickiness is found in the responses to survey questions. Buyers who sold properties prior to […]

Popularity of this post: 7%

The following information is from the local MLS database, as of June 28, 2008, compared to (June 21, 2008) (and June 23, 2007 - where available).
Total # of condos for sale in the city of Boston: 2,465 (2,489) (2,667)
Average # of days on market: 124 (123) (114)
Number of condos sold (closed) over past 30 days: […]

Popularity of this post: 6%

There are currently over 240 condos and single-family homes for sale in Boston’s South End neighborhood.
Sound as if there is a glut?
Maybe.
Depends on what you mean by that.
Do you mean, there are a lot of properties for sale?
Then, there is.
Do you mean, there are a lot of properties for sale that I might be able […]

Popularity of this post: 15%

The following information is from the local MLS database, as of June 14, 2008, compared to (June 7, 2008) (and June 16, 2007 - where available).
Total # of condos for sale in the city of Boston: 2,485 (2,524) (2,672)
Average # of days on market: 123 (120) (112)
Number of condos sold (closed) over past 30 days: […]

Popularity of this post: 14%

The following information is from the local MLS database, as of June 7,2008, compared to (May 31, 2008) (and June 9, 2007 - where available).
Total # of condos for sale in the city of Boston: 2,524 (2,542) (2,649)
Average # of days on market: 120 (121) (114)
Number of condos sold (closed) over past 30 days: 447 […]

Popularity of this post: 9%

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 […]

Popularity of this post: 8%

The following information is from the local MLS database, as of May 31, 2008, compared to (May 24, 2008) (and June 2, 2007 - where available).
Total # of condos for sale in the city of Boston: 2,542 (2,537) (2,643)
Average # of days on market: 121 (120) (112)
Number of condos sold (closed) over past 30 days: […]

Popularity of this post: 12%

Regarding South Boston real estate sales, the following appeared in this week’s Banker & Tradesman:
During the first four months of this year, 25 condos were sold, compared to 29 for the same period in 2007, according to The Warren Group, parent company of Banker & Tradesman. During the same months in 2005 and 2006, there […]

Popularity of this post: 17%