Jon's Blog

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Real Estate Broker/Owner - Spotlight Realty
Your source for literary Real Estate tripe. It's not for everyone, but some people like it.
RECENT BLOG POSTS
Today I wanted to take a look at 2 bedroom condos for sale in Medford MA.  Let's just jump right in: total number of 2 bedrooms for sale in Medford  = 73number of 2 beds Under agreement                     =11number of 2 beds sold last month                         =11Number of 2 beds sold in las...
08/21/2006
So we had the inspection yesterday, and the contractor came through, and I had 2.5 good learning experiences. Learning experience #1, listing agents read blogs too. HA! Good eye Danny!  ( errr...I meant to write that I'm NOT pumped about this project unless the seller concedes eleventy billion do...
08/18/2006
Well if I'm going to be selling some two beds in Cambridge in the near future, I might as well start documenting the market for two bedroom condos in Cambridge also.Price Range# ofListingsAvg. Dayson MarketAverageSale Price AverageList PriceSP:LPRatioAverageOrig PriceSP:OPRatio$300,000 - $349,999...
08/16/2006
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I am PUMPED!!! So a few weeks ago, I took a look at a three family home in Cambridge.  It was pretty good and it was fairly priced, but it needed a fair amount of work.  After only 12 days on the market, they dropped the price by $70k (I like to call this "chumming the water").  Well this shark t...
08/15/2006
Today we're looking again at the condo market in Brookline MA.As of today 8-11-06 there are a total of 301 condos for sale in Brookline MA and 72 have sold in the last month.  4.18 months supply.  So far this is an improvement from what I've been seeing for most of this year.  However this is als...
08/11/2006
Back Bay - 241 condos for sale / 37 sold in the last month / 6.5 months supplySouth End - 293 condos for sale / 56 sold in the last month / 5.2 months supplyBeacon Hill - 71  condos for sale / 14 sold in the last month /  5.2 months supplyCharlestown - 163  condos for sale / 17 sold in the last m...
08/07/2006
Glossary of terms for real estate:Garden level - Although it sounds lush, you're going to go see a basement unit.Cozy - SMALLQuaint - outdatedTop Producer - Good at closing  more deals quickly,  usually working in their best interests not their sellers/buyersGreat Value - Good price per square fo...
08/07/2006
You see it on listing sheets every now and then:"Motivated Seller, will entertain all offers!!!"  And when you're working with a buyer, and looking at active listings (listings currently for sale), that sounds very attractive.   The funny thing is, when I would look at sold listings that claimed ...
08/07/2006
If you're planning on buying or selling a home in any market, it is to your advantage to know the current trends.  I've heard people claim that you can tell that the housing market is softening because there are 20% more homes on the market now, compared to the same time last year.  That is not n...
08/04/2006

Lexington MA to be precise.  So it turns out that the Big Dig isn't a complete waste.  Someone had the bright idea of taking some of the materials that were trash, and turned it into a house.  And a freaking uber-dope looking modern one at that, check out the ...

08/04/2006
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Jon Ernest

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Your source for literary Real Estate tripe. It's not for everyone, but some people like it.