2021

Real Estate Economy, Spring 2021

Derek Thompson, in The Atlantic, summarized what is happening in the American real estate economy. Here’s a summary, some notes on how it is affecting eastern Massachusetts in particular, and how 4 Buyers Real Estate is responding to it. The scarcity of housing for sale. Falling rents. Thompson: “… in America’s big metros, home prices

By |2021-03-14T20:31:59-04:00March 17th, 2021|Categories: Market data and conditions|Tags: , , , |

Fair Market Value, and how to know what’s fair

In every market, I run into buyers who do not look at Fair Market Value (FMV) when they decide what a property is worth. That's a mistake. To negotiate the lowest possible price for a property, a buyer needs a Comparative Market Analysis (CMA) to determine the Fair Market Value (FMV). Properties sell for what