Quantcast Half The Story …
Search by tag or site Login to my blogStart my own blog















TheMoneyBlogs
Home
About
Create your own blog
Contact us
Vote for this blog!

The Boston Real Estate Blog

I am an independent real estate broker, focused on the residential real estate market in downtown Boston.

Half The Story …

Posted on 04/28/2007 19:39:18 | Link | Post Comment

From today's Globe:

Boston's condominium market posted a surprisingly weak start of the year as sales in in-town neighborhoods dropped 8 percent in the first quarter of 2007.

The drop in sales was most pronounced in condo buildings along Boston's waterfront, which had 40 fewer sales in the first quarter compared to the same period last year, and in the South End and Fenway neighborhoods, according to Listing Information Network Inc., or Link, which tracks the industry.

Yes, funny how that sort of thing happens when 1) a 90-unit condo development (Folio) opens on the waterfront one year, but not the next; 2) 21 units in a new building close (75 Burbank) and six units in another new building close in the Fenway (Mountfort Place) one year, but not the next; and 3) 32 units in a new building close in the South End (Gateway Terrace) one year, but not the next.

I mean, do newspaper reporters think they can just spout off data without anyone checking it?

Maybe in the old days. No longer.

(*** So, sure, her data is accurate. But starting off her article this way doesn't just report the data, it puts a spin on it: Boston's condominium market posted a surprisingly weak start of the year as sales in in-town neighborhoods dropped 8 percent in the first quarter of 2007. Shame.)

Source: Hub condo sales drop, prices rise - By Kimberly Blanton, The Boston Globe

More posts about: 
Stock Quote or
Examples
Morpheus Trading - Mon Jul 21, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them if [read more]
Morpheus Trading - Mon Jul 21, 2008 08:31AM
NOTE: Please click on the charts below to enlarge them i [read more]
Millionaire Now! by Larry Nusbaum - Tue Jul 22, 2008 09:23AM
Hedge funds have made billions this year shorting the banks, [read more]

PREMIER SPONSORED LINKS

Most Visited Blogs | Most Popular Blogs | Most Recent Blogs | Contact Us | Terms and conditions | Privacy Policy

The columns, articles, message board posts and any other features provided on TheMoneyBlogs.com are provided for personal finance, education and investment information and are not to be construed as investment advice. Under no circumstances does the information in this content represent a recommendation to buy, sell or hold any security. The views and opinions expressed in an article or column are the author's own and not necessarily those of TheMoneyBlogs.com and there is no implied endorsement by TheMoneyBlogs.com of any advice or trading strategy. The analysts and employees or affiliates of TheMoneyBlogs.com may hold positions in the stocks or industries discussed here. Your use of this and all information contained on TheMoneyBlogs.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

Copyright © 2008 The Connors Group, Inc.