K asked: I'm looking at house-buying on a 3-5 year timetable, ideally in Camberville or neighboring communities; watching companies like GE move into the area and biotechs and internet companies continue to expand in Kendall Square; and curious to take the temperature of the market, from someone who's closer to it than I am, in
This article is designed to make you crazy, buyers. Prices are up. We all know that. But, by how much? Funny, they don’t tell you anything relevant to your search. There is no chart of local information. Just a couple of paragraphs about why the housing bulls are dancing the gig. The article is from
The spring market is coming, and so is the spring marketing. If you are reading headlines and looking at charts, you will likely come up with the wrong conclusion. Below, I will show you some liar’s graphs. But first, the data those graphs were based on. The actual data (from Zillow): The real estate economy
A couple of weeks ago, James Morrison at Banker and Trademan asked me for a video interview about the seller's market. He was hearing a lot of celebration because volume (number of sales) and price are both up in our area. He wanted to know how an exclusive buyer's agent sees the seller's market. https://vimeo.com/152736383
It is so easy to use a tiny sample and a hyperbolic headline to prime potential buyers to get ready to buy desperately. Don’t fall for it! Real estate owner-favoring propaganda is alive and well, and not frozen-over for the winter. Recently, an article appeared online with the title, “Five Somerville 1-BRs You Can Buy
How well do exclusive buyer’s agents do, in the face of a tough seller’s market? Here are results for the hardest seller’s market we have faced, ever! Our report card for the first three quarters of 2015: No clients waived their home inspections in order to buy a house. No clients waived mortgage contingency unless
Money Under 30. Wow! What a great idea for a blog site. It is very important that young adults get a handle on their assets and debts early in their careers. When a PR person contacted me about an article on starter homes, I took a look. Oh boy. This could have been written by
The national survey numbers on real estate prices for the third quarter of 2015 are here on theis chart. Notice the bubble lines on the three levels of composite indexes that FNC creates. They are pretty pronounced. All lines are headed upward. Yet, we are nowhere near the top of that bubble, on average. The
How well do exclusive buyer’s agents do, in the face of a tough seller’s market? We are pleased for our clients who have bought so far this year (January-September 30.) Our report card for the first three quarters of 2015: No clients waived their home inspections in order to buy a house. No clients waived
My notes on the May 2015 U.S. Home & Foreclosure Sales Report from RealtyTrac® The cash buyers are going away. 24.6 percent of all single family home and condo sales in May were all-cash purchases, down from 28.5 percent in the previous month and down from 30.4 percent a year ago to the lowest level