I attend talks on the real estate economy as often as I can. When they are sponsored by the Realtors®, I translate them back to the needs of buyers, not owners. In a March 22 presentation, this slide stood out for me. Why is metro Boston in such a mess of a seller’s market? This
Our clients are considerate people. They often say things like, “I don’t want you to spend a lot of time doing a market study, just tell me if you think the condo is worth what they are asking.” That's nice, but: We can’t give a professional opinion without doing the math! It is that simple.
All eyes are on the real estate market, in an effort to guess what will happen when the snow stops falling and real estate spring market begins. The Boston Globe is no exception. Andrew Brinker published an article in mid-January, subtitled “For the first time since 2018, home prices here fell in December on a
If this January is any indication, the seasons are shifting in Boston area real estate. Usually between December 15 and January 15, no one is contacting us about buying a house. This year, prospective clients started calling and writing right after Christmas. Winter buyers: Some clients were looking to get on the road, heeding my
2022 was the kind of real estate year we could be happy with every year. First and foremost, because we continue to attract the kind of clients we love to work with. The team in 2022: 2022 was the best year ever for our office as a community. Our team of four were taking care
Journalists will be journalists. Their job is to attract eyes to the story and keep subscribers coming back for more. Even journalists in business publications, like the well-regarded Inman News. That paper is the go-to for many real estate brokerages. Even real estate agents need to keep their eyes open and read between the lines
That foreclosure rate dropped like a stone during the pandemic because of Federal protections put in place to keep people from being evicted during the pandemic. One would expect that there would be pent-up additional foreclosures because of that sudden drop. But, that's not what happened. Instead, rates returned to normal for before the pandemic,
With the market changing, should you prepare to lowball and get a bargain house? Putting in a low offer without the research is futile and likely to ruin your credibility as a buyer. If you are thinking about making an offer well below asking price, there are some things you need to find out first.
If you are confused about the state of the real estate market, welcome to the club. A big part of why you are confused is bad reporting. There is so much of it! Every week, I am running across real estate headlines saying that real estate is about to crash and also that prices are
A few times a year, a real estate headhunter calls me to ask if my team wants to join their designated agency company. Recruiters are mostly very good at their job, not just reading a script. Their job is to get my team to move with me to their company and bring our client base