bostonbubble.com

[RealEstateCafe]

Excellent response, thank @HomePriceGuy for seeding further conversation.

Anyone want to do that offline, sometime over beer?

Opportunity to hear from different perspectives, meet the people behind the @Names, including @admin

Offer our own perspectives on whether 2018 will bring a repeat of this headline a decade ago?

BUBBLE HOUR: Slowest real estate sales since 1991 got you cheering or crying in your beer?

http://realestatecafe.com/2008729bubble-hour-slowest-real-estate-sales-since-1991-got-you-che-html/
_________________
Bill Wendel
The Real Estate Cafe
Serving a menu of money-saving services since 1995
97a Garden St.
Cambridge, MA 02138
617-661-4046
realestatecafe@gmail.com
http://realestatecafe.com/blog
http://twitter.com/RealEstateCafe

[homepricefuturesguy]

Here's a quarterly(?)/ post Marathon/ update on the BOS contracts that I quote on the CME (Chicago Mercantile Exchange). Still near-no trading, but I'm open to facilitating any inquiries.

YOY implied prices on forward expirations (2019-20) are low across all regions either as: 1) many more hedgers than people looking to add forward exposure, and/or 2) concerns about HPA (annualized home price appreciation) dropping.

Net, though, forward futures prices are consistent with rising BOS index.

[admin]

That looks like ~zero real appreciation in 2020, if I am eyeballing things correctly. Expected inflation is currently 2.25%, per https://fred.stlouisfed.org/series/T5YIFR That looks smack dab in the middle of the bid-ask spread.

Thanks again for the update.

- admin

[homepricefuturesguy]

Here's an update on prices for the BOS (Boston) contracts quoted on the CME (Chicago Mercantile Exchange). No open interest in BOS series so I'm eager to facilitate any inquiries.

[homepricefuturesguy]

No trading in BOS, but bids improving, bid/ask spreads narrowing. Happy to facilitate any trades, answer questions.