Greater Boston’s once-sizzling home sales have cooled so much this fall that realtors are reverting to a description not heard in a decade: ”Buyer’s market.”
From the South End to the South Shore to Cape Ann, the list of unsold properties is growing, and so are reductions in asking prices. Attractive houses in good locations with [...]

The following information is from the local MLS database, as of February 9, 2008, compared to (February 2, 2008) (and February 10, 2007 - where available).
Total # of condos for sale in the city of Boston: 2,100 (2,025) (2,044)
Average # of days on market: 145 (147) (143)
Number of condos sold (closed) over past 30 days: [...]

The price keeps dropping, $15K a month ago and now another $8K. Does this mean the bank is eager to get rid of it? I’ve heard banks will not waste time negotiating and that’s why they drop the price so much. The agent said they will not negotiate much, but this is also the bank’s [...]