Want to ask other homebuyers, sellers or real estate professionals a question? Simply type into the “Submit new question” box above, then click ASK. You can also use add comments to other questions, or VOTE to increase their ranking by…
Friday, Boston.com’s real estate blog screamed, Misleading listings have buyers fuming. The complaint drew few echoes; instead readers said, in one way or another, there are much bigger problems in the real estate industry that need reform. Monday, thousands of Realtors…
Keeping an eye on real estate in Massachusetts? DIY homebuyers, visit our new experimental blog and tell us where you see Boston housing prices going in 2012 and beyond.
Keeping an eye on the real estate market in Massachusetts? The Real Estate Cafe and BostonBubble.com would like to know what you think housing prices will look like in Greater Boston, as well as LOCAL cities and towns across the…
This year, we’re presenting the results of our 4th Annual Home Buyer survey as a response to the proposed $15,000 tax credit for home buyers. CLICK ON THE VIEW FULL SCREEN ICON ABOVE to watch this one minute slide show,…
An AP story hidden on page four of the Boston Globe business section, entitled "Housing prices apt to fall much more," reports that:
"A group of 10 economists says that home prices in the United States are only halfway through their fall."
"…and most of the further erosion should occur this year."
Those predictions are consistent with consumer surveys conducted by The Real Estate Cafe and Boston Bubble six months ago (December 2007 & January 2008), which revealed that consumers expected housing prices to bottom out sometime in 2009 or 2010.
When consumers in Greater Boston were asked to graph housing prices over the next 5 years (through 2012) in their local city or town, the composite pattern above emerged. A comparison of that table to the results of the same question asked two years ago (January 2006), reveals that consumer price expectations have taken a sharp downturn.
A recent report from the Federal Reserve Bank of Boston projecting that foreclosures may not peak in Massachusetts until the 2nd quarter of 2010, could send housing price expectations even lower. What’s your prediction as we end the 3rd quarter of 2008?
Please take a few minutes to update this survey of housing
price expectations in Massachusetts after a week of negative housing
headlines. This survey is being conducted independently by The Real
Estate Cafe but we are eager to share the results with the press.
CLICK HERE, not photo below, to start survey: What do YOU think will happen to housing prices in 2008 & beyond?
A local TV news department is working on a story today about the housing market, so The Real Estate Cafe and BostonBubble.com have volunteered to conduct a quick consumer survey to inform their reporting. What do YOU think will happen to housing prices in 2008 & beyond, and if you are in the housing market, how will that influence your home buying plans for 2008?
The survey takes just a few minutes and we need your opinion AS SOON AS POSSIBLE to enrich tonight’s TV news!