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Defensive homebuying in 2017: Can you future proof homebuying decisions?

As 2016 comes to a close, there is an uptick of activity on BostonBubble, a forum for homebuyers in Greater Boston that dates back to 2005. A self-described “lowly renter” is asking advice about homebuying in the New Year because

Posted in #REonTap, Bubble Hour, Buyer agent, Defensive Homebuying, Great Senior Sell-Off, Housing bubble, Housing forecasts, Real Estate Bubble, Seasonality, Timing the market

Crowdsourcing insights into a slumping housing market in Boston

December 11 will mark the 9th anniversary of joining http://BostonBubble.com, a forum for homebuyers to crowdsource insights during the real estate recession.  Over that period, Real Estate Cafe contributed over 100 posts, and two offer context for the current housing market.  Obviously, they were

Posted in "We" companies, #REonTap, Bubble Hour, Bubble map, Housing bubble, Market trends, Price reductions, Savings & Rebates, Seasonality, Sweetest Deals

Tidal Wave of #SpeculatorsWithoutBorders or Virtual Town Hall Meeting?

.@BostonGlobe Millennium sales office opened in China before Boston, @CambMA for sale too #SpeculatorsWithoutBorders pic.twitter.com/FGsWetP1mw — Bill Wendel (@RealEstateCafe) September 1, 2016 If “Foreign buyers at Millennium Tower show that Boston is on a world stage,” is that was a good

Posted in #REonTap, #SpeculatorsWithoutBorders, Affordable housing, Bidding wars, Bubble Hour, Consumer protection, Defensive Homebuying, Housing bubble, Housing Justice, Real Estate Bubble

Let’s declare Holy War on BLIND Bidding Wars

Declare Holy war on #BiddingWars? Who’d join Coalition of the Willing? Unwilling, why? #REonTap at #PRXPodcastGaragepic.twitter.com/COZMVI6Yko — Bill Wendel (@RealEstateCafe) August 17, 2016 There’s been a flurry of more than 30 comments on @NextDoor following a recent Cambridge City Council

Posted in #REonTap, #SpeculatorsWithoutBorders, Affordable housing, Bidding wars, Bubble Hour, Buyer agent, Consumer protection, Defensive Homebuying, Dual Agency Detective, RECALL: Real Estate Consumer Alliance

Who will put savings back into buyer agency?

My assumption is that many buyer agents who take fiduciary duties seriously have worked with buyers willing to pay over asking price because they believe rising prices will offset their leap of faith. In 1988, Nobel prize winning economist Robert

Posted in Bidding wars, Bubble Hour, Buyer agent, Defensive Homebuying, Dual Agency Detective, Great Senior Sell-Off, Housing bubble, Housing forecasts, Real Estate Bubble, Savings & Rebates, Seasonality, Timing the market

Out Bid or Out Dated: Industry & media hype missing Bidding Wars trends?

  .@BethTeitell @BostonGlobe 1Q2015 data misses seasonality, see @CurbedBoston Fall predictions http://t.co/Gl8C0Y7MSj pic.twitter.com/eaanXqiaRs — Bill Wendel (@RealEstateCafe) September 19, 2015 This started as a comment on BostonBubble, a decade old forum that’s enabled homebuyers in Boston to share headlines and

Posted in Bidding wars, Bubble Hour, Consumer protection, Crowdsourcing, Defensive Homebuying, Housing bubble, Investigative Reporting, Market trends, Seasonality, Timing the market

Will Pope’s encyclical expand Housing Justice Movement?

Homeownership rates are falling in Massachusetts and across the nation, and housing is back in newspaper headlines and nationally syndicated talk shows.  Here’s one perspective, that knowingly or unknowingly, points to the Pope’s encyclical on the environment and the prospect of a grassroots movement for

Posted in Affordable housing, Bubble Hour, Great Senior Sell-Off, Housing bubble, Housing Justice, iCovery, Luxury housing, Pope's Encyclical, Price trends, Real Estate Bubble

Will Bidding Wars trigger local regulation or global reformation?

Click on icons above for details of homes sold $100,000 or more over asking price from April 1 to May 15, the first six weeks of 2Q2014 in Cambridge, Boston & Somerville. As Cambridge goes, so goes Lunenburg.​”​​  Really?  When a credible

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Posted in Affordable housing, Bidding wars, Bubble Hour, Crowdfunding, Defensive Homebuying, Dual Agency Detective, Housing bubble, Investigative Reporting, Real Estate Bubble, Real Estate Consumer Bill of Rights, RECALL: Real Estate Consumer Alliance

InventoryGate: Fact checking “tight inventory” & “the rest of the story”

The headline, “Home buyers face tight inventories, rising prices this spring” followed a predictable script for the past two years, but the level of sensationalized reporting in the Boston Globe’s recent story may have crossed a line.  First a cash bidding

Posted in Bubble Hour, Buyer agent, Counterintelligence, Crowdsourcing, Defensive Homebuying, DIY Homebuyers, In the News, Intention Inventory, Proactive househunting, Tipping Policy

WARNING Homebuyers: Will feeling blue morph into feeling misled?

  Rising prices and games real estate agents play have Home buyers feeling blue, according to recent national surveys. Thankfully, Boston.com’s blog post this morning provided stats from Zillow and Redfin, even if it’s a bit confusing to compare and

Posted in Bidding wars, Bubble Hour, Buyer agent, Consumer protection, Defensive Homebuying, Dual Agency Detective, Housing forecasts, iCovery, Real Estate Bubble, RECALL: Real Estate Consumer Alliance
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