Monthly Archives: June 2013

Purchasing power down by 18%, bidding war backlash next?

Today, a Boston.com blog reader complained, “More and more, I feel like the majority of topics in this blog are designed to scare homebuyers, and especially discourgage first-timers.” Our response? What’s scarier: (1) to remain silent regarding the games real

Posted in Bidding wars, Bubble Hour, Buyer agent, Consumer protection, Defensive Homebuying, Dual Agency Detective, Housing bubble, Pocket Listings, Proactive househunting, Real Estate Bubble, RECALL: Real Estate Consumer Alliance

Will stock market losses & Zillow forecast wipe out bidding wars?

Six weeks of stock market gains wiped out in two days? What does that do to your home buying decision-making process? Will that sell-off end the “year of the over-ask offer” in the housing market, or send more paperwealth into

Posted in Bidding wars, Bubble Hour, Buyer agent, Consumer protection, Defensive Homebuying, Housing bubble, Housing forecasts, Luxury homes, Million Dollar Markdowns, Talking offer, Timing the market

Priced-out vs Blissed-out? Where should we house hunt?

Space starved in Greater Boston?  You’re not alone.  Today’s blog post on Boston.com recognizes that Boston buyers are not just space-starved, but that the “overcrowded and overpriced” region has left people house-poor, time-starved and stressed out.  Is there is a

Posted in Best of Breed, Creative class, DIY Homebuyers, Extreme Househunting, Idea Bar, Mapping, Price trends, Proactive househunting, reVRM, VRM

Mixed signals: Million dollar teardowns back but luxury listings up?

Trying to make sense of the luxury housing market in Massachusetts?  So are we.  Luxury condo towers are being reborn in downtown Boston, and million dollar teardowns — not seen since the Dot.com bubble created millions in paper wealth —

Posted in Bidding wars, Bubble Hour, Buyer agent, Housing bubble, Luxury buyer agent, Luxury homes, Million Dollar Markdowns, Real Estate Bubble, Timing the market

Taxpayers beware: Dual agents & designated agents expose all of us to risk

A Boston home buyer recently asked Trulia readers if his “mortgage interest rate [would] be higher if the listing agent and buying agent is the same person?”  He had allegedly been asked to pay 0.5 point more because he “chose” to

Posted in Bidding wars, Buyer agent, Consumer protection, Defensive Homebuying, Dual Agency Detective, Dump Dual Agency, Foreclosure Prevention, Housing bubble, Real Estate Bubble, RECALL: Real Estate Consumer Alliance

Fact check spin & “STRESS TEST” your home buying assumptions

  FLASHBACK 2006:  With all of the press and blog posts recently about bidding wars and prices “soaring,” maybe some home buyers are too anxious to stop and question their own assumptions about rising prices or advice they are getting

Posted in Bidding wars, Buyer agent, Consumer protection, Defensive Homebuying, Housing bubble, Housing forecasts, Price trends, Real Estate Bubble, RECALL: Real Estate Consumer Alliance, Tipping Policy
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