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."

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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.  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 particularly blogs dedicated to tracking the real estate bubble nationwide.  Locally, we’ll post some interesting / distressing news about expired listings
this summer 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."

Posted in Real Estate Bubble

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