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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

Confront Candidates by Crowdsourcing Housing Questions for Next Debate

Without a question about housing or any mention of investigations and lawsuits related to Trump University, references to real estate were revealing in last night’s debate between presidential candidates Hillary Clinton and Donald Trump. When a reporter asked afterwards if

Posted in #SpeculatorsWithoutBorders, Affordable housing, Consumer protection, Foreclosure Prevention, Housing bubble, Housing policy, Real Estate Bubble, RECALL: Real Estate Consumer Alliance

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

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

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

Bidding War Scorecard: Is Designated Agency having a bipolar impact in Cambridge?

Has the housing market reached a tipping point, even in grossly overheated Cambridge, MA? Too early to answer that question, but our Bidding War Scorecard keeps revealing interesting data points about conflicts of interest in real estate. For example, during August

Posted in Bidding wars, Buyer agent, Consumer protection, Defensive Homebuying, Designated Agency, Dual Agency Detective, Price reductions, Real Estate Bubble, Seasonality, Timing the market

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

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

Bidding Wars: Will escalator clauses put designated agency into investigative spotlight?

  Yesterday, the Boston Globe did it again — fanned bidding war fever in the region with another headline that read, Tight housing market drives rising bids:  Tight market drives escalation clause use.  Thankfully, the reader comment that has attracted the

Posted in Bidding wars, Consumer protection, Crowdsourcing, Defensive Homebuying, Designated Agency, Dual Agency Detective, Housing bubble, Investigative Reporting, Real Estate Bubble, RECALL: Real Estate Consumer Alliance

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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