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Condo sales hit lofty heights last year in Boston

 
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Have condo prices in Boston peaked?
Yes, growing concerns re oversupply marks turning point
0%
 0%  [ 0 ]
No, pent-up demand will absorb new supply
0%
 0%  [ 0 ]
Yes, market being driven by #SpeculatorsWithoutBorders
0%
 0%  [ 0 ]
Total Votes : 0

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RealEstateCafe



Joined: 11 Dec 2007
Posts: 178
Location: Cambridge, MA

PostPosted: Tue Feb 21, 2017 7:43 pm GMT    Post subject: Condo sales hit lofty heights last year in Boston Reply with quote

Condo sales hit lofty heights last year in Boston
http://bit.ly/PriceyCondos2016

Regardless of how you answer the poll below, it's good to see the Boston Globe including multiple references to oversupply and the potential of falling prices in the body of their article instead of reader comments.

If "Rental prices fell slightly at the end of 2016 — the first drop since 2010..." does that mean it's time to sit out the Spring market, when units begin to trickle into the market and overeager homebuyers become accidental "April Fools" because of BLIND bidding wars?

If you'd like to talk about that offline, join the new MeetUp we just started. As the 100+ posts we've made here since 2005 we really are industry-leading real estate consumer advocates / buyer brokers who offer a menu of fees & rebates to DIY homebuyers like Boston Bubble readers. See "Boston Hour" dating back eleven years to Feb. 23, 2006:

http://bit.ly/VintageBubble022306

+ + +

NEW: Soft launching on @MeetUp:
What They Don't Teach in #Homebuying 101​
http://bit.ly/DefendUpBOS

+ + +

For background, see inclusion among "Inman News Influencers for 2017"
http://bit.ly/SeeBWLinkedIn
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