Treasury Secretary Timothy Geithner says the U.S. economy has suffered a lot of damage in the current downturn and it's going to take time before it fully recovers.

Brookline avg sales price of single-family homes 3rd Q comparing 2009 w/ 2009. $1,339,938.00 - 2009 $1,196,270.00 - 2008 Brookline avg sales price for condos in the 3rd Q - comparing 2009 w/...

The head of the Federal Housing Administration warned that raising down payment requirements or taking similar steps to limit the pool of eligible buyers for FHA-backed loans would hamstring a...

The House Trap An analysis for The New York Times by the real estate information company First American CoreLogic shows there are 2.8 million active...

John Leland of the New York Times has an interesting story (today) about how option ARM’s have replaced subprime as the industry bad boy. Highlights from the New York Times article: Mr. Clavon,...

The following excerpts are from the MA Association of Realtors: The condominium market saw November inventory decrease by 14 percent from last year (11,983 listings in 2008 to 10,313 listings in 2009), which translates into 6.5 months of supply, which...

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May all the young ones this morning be as happy as these two kids. We tried to find a video of kids opening a Christmas present to find a Red Ryder BB Gun. All we could find was a boy getting one on his birthday. But the effect is the same: Pure...

From the Boston Business Journal: A veteran Boston real estate player and an ex-banker colleague filed to establish a fund as big as $20 million to invest in the residential property market. Kevin J. Ahearn, of Otis & Ahearn, filed the securities...

From the Boston Globe: For the first time in at least two decades, more US residents are moving to Massachusetts than moving out, a dramatic turnaround that has helped fuel the state’s sharpest population growth since 2001, according to new...