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Puffing the housing market: Time to pause or go proactive?

The headline above is distressing enough without using bloated list or asking prices — a stat that is meaningless so rarely quoted — to throw gas on overheated markets nationwide. Without more precise local information or insight into the economy,

Posted in Bidding wars, Bubble Hour, Buyer agent, Defensive Homebuying, Housing bubble, Intention Inventory, Proactive househunting, Real Estate Bubble, Savings & Rebates, Timing the market

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

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

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

Millennials: Getting killed by housing costs, or killing homeownership?

  Remember the scene in Dead Poet’s Society where Robin Williams stands on his desk, and challenges his students to change their perspective?  His message:  the way you see a problem or opportunity depends on where you stand.  So the

Posted in Affordable housing, Buyer agent, Defensive Homebuying, DIY Homebuyers, FSBO: For Sale By Owner, Intention Inventory, Mlllennials, reVRM, Timing the market, VRM

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

Real estate predictions 2014: Have sellers already missed the best time to sell?

Ready to reset your assumptions about where the housing market is headed in 2014 and beyond?  Compared to other housing gurus, Mark Hanson looks at trends upside down and backwards; as buyer agents, that’s Real Estate Cafe’s perspective too.  So

Posted in Bubble Hour, Buyer agent, Defensive Homebuying, Expired listings, Housing bubble, Housing forecasts, Pending sales, Real Estate Bubble, Timing the market, Trend analysis
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