Blog Archives

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

Is growing inventory a bright spot or was housing recovery a giant blind spot?

  To see how far winning bids are above or below original asking prices, run your cursor over individual sales in this scatterplot.  Each data point shows ($K over or under, as well as %).  Too zoom-in, drag a box

Posted in Bidding wars, Buyer agent, Consumer protection, Defensive Homebuying, Housing bubble, iCovery, Market trends, Price reductions, Price trends, Real Estate Bubble

Buy before rates rise or wait, hoping prices fall? Thank you for arguing

A recent post in the WSJ says there are good reasons to argue there will be a BEAR housing market or a BULL market in 2014.  So it’s no surprise there’s heated debate on Boston.com about what’s hot and what’s

Posted in Bubble Hour, Buyer agent, Defensive Homebuying, Housing bubble, Housing forecasts, Market trends, Price trends, Real Estate Bubble, Seasonality, Timing the market

Pending sale vortex caused by Polar Vortex or other factors?

At the beginning of the fourth quarter last night, New England Patriots fans were biting their nails. Their team clung to a 29-22 lead as the Indianapolis Colts threatened a comeback. Like Patriot Nation, home sellers across MA entered the

Posted in Bidding wars, Bubble Hour, Defensive Homebuying, Housing bubble, Housing forecasts, Market trends, Price trends, Savings & Rebates, Seasonality, Timing the market

New Year’s resolution: Fact check reports of real estate “frenzy”

Hmmm… if MLS listings are expiring or being canceled at roughly the same pace as they are selling, is there really a problem with low inventory in Massachusetts?  Or is it a problem with unrealistic prices, unreal price appreciation during

Posted in Bubble Hour, Defensive Homebuying, Expired listings, Housing bubble, Market trends, Price trends, Real Estate Bubble, Seasonality, Timing the market, Trend analysis

Market snapshot confirms seasonal price reductions even in desirable towns

Yesterday, Boston.com rightly blogged, Holiday season a gift for frustrated buyers.  Since there were so few comments and fewer facts, here’s a snapshot of what happened with single-family (SF) homes during the past month from a sample of six highly desirable towns

Posted in Expired listings, Housing bubble, Market trends, Pending sales, Price reductions, Price trends, Real estate deals, Savings & Rebates, Seasonality, Timing the market

Will “Last Hurrah” cause homebuyers to be “Haunted by the Housing Market?”

  In 2002, there were early indications of a housing bubble so the Real Estate Cafe prepared the slide show above —Haunted by the Housing Market — to document why we believed housing had reached a tipping point.  Seems some heavy

Posted in Bubble Hour, Buyer agent, Defensive Homebuying, Housing bubble, Housing forecasts, Luxury buyer agent, Million Dollar Markdowns, Price trends, Savings & Rebates, Seasonality

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

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

Really, why shouldn’t sellers try FSBO: For Sale by Owner?

Today, Boston.com’s real estate blogger asks, “Really, why shouldn’t sellers wait for higher prices?”  We’ve reframed the question to propose an option which may be more profitable: “Why shouldn’t sellers try For Sale by Owner?  Last week, Yale economist Robert Shiller

Posted in Bidding wars, Discount real estate, DIY Homebuyers, Do-it-yourself, Expired listings, Fee-for-service, Fiscal cliff, FSBO: For Sale By Owner, Housing forecasts, Price trends, Proactive househunting
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