Monthly Archives: August 2005

Who’s not talking

"The folks who know the truth aren’t talking.  The ones who don’t have a clue,… you can’t shut them up."

Posted in Uncategorized

1st Boston.com RE bubble post

Posted by RealEstateCafe on 4:26 PM

If prices stall and remain flat in Boston for years to come, as mikeo96
argues, that means that inflation-adjusted values will actually fall.

Anyone who is thinking about buying in the next two years would be
well-advised to read Paul Krugman’s ongoing editorials on the housing
bubble in the New York Times and Robert Shiller’s recent predictions
should also be required reading.

Those who are looking for the chatter behind the real estate stats, should look at industry blogs from time-to-time including The Real Estate Cafe’s.
We’ll post some interesting / distressing news about expired listings
this summer shortly, as well as some stats from the last downcycle
(circa 1990-1992).

And if you must buy, take a "worst-case scenario" approach as recommended in a recent Business Week article entitled, "Steer Clear of Bubble Trouble."

NOW CLICK ON EDITED VERSION TO MAKE SEE HOW YOU CAN REMOVE "COMMERCIAL CONTENT"

Posted in Real Estate Bubble

“Don’t be fooled!” Boston.com readers warn each other about real estate bubble

Openingq_6Bravo, Boston.com!  Looks like Boston.com launched a real estate discussion board yesterday about the real estate bubble, at least that’s when the opening question above was posted.  As of this posting, approximately 28 hours after the discussion was launched, there have been 43 posts and a remarkable 3666 page views.  Only two other real estate discussions have had more page views, but "Important things to consider when buying" has been online for 30 days (6,968 page views or 232 per day); and the other, "Tips on moving" has been online for 22 days (6,404 page views or 291 per day).  That means that people are looking at posts about the real estate bubble at a pace more than ten times faster than any previous topic. 

That begs the question, why did Boston.com wait so long to post the discussion question?  If we are in a housing bubble, won’t more readers have been protected from potentially making the financial mistake of a life by debating the real estate bubble earlier in the housing season?  The Real Estate Cafe posted it’s own discussion question months ago on a banner ad on Boston.com’s open house search page.  It featured a photo of local celeb, Alex the Jester, and asked, "Are we in a ‘Greater Fool’s’ housing market?"

Posted in Real Estate Bubble

The Lion King Lyrics – “Hakuna Matata”

Posted in Uncategorized

Banning 120% mortgages

http://www.breakingnews.ie/2005/07/27/story213608.html

Posted in RECALL: Real Estate Consumer Alliance

Best of Breed: Boston Links

Check out links, particularly BankRate links: Boston Real Estate Blog.

Posted in Real Estate Blogs: Best Practices

When not to buy a house

Add reference to Barry Nystedt’s interview on NECN to this BankRate.com story: When not to buy a house.

Posted in Uncategorized

HappyNews.com – All The News That’s Fun To Print

Posted in Uncategorized

The Gift of Shared Pain

http://www.bruderhof.com/articles/x-rhodes.htm?source=DailyDig

Posted in Eternal Home

Financial Home

Posted in Uncategorized
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