bostonbubble.com Forum Index bostonbubble.com
Boston Bubble - Boston Real Estate Analysis
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

 
Go to: Boston real estate bubble fact list with references
More Boston Bubble News...
DISCLAIMER: The information provided on this website and in the associated forums comes with ABSOLUTELY NO WARRANTY, expressed or implied. You assume all risk for your own use of the information provided as the accuracy of the information is in no way guaranteed. As always, cross check information that you would deem useful against multiple, reliable, independent resources. The opinions expressed belong to the individual authors and not necessarily to other parties.

Boston-4th-highest-home-price-jump

 
Post new topic   Reply to topic    bostonbubble.com Forum Index -> News & Reference Suggestions
View previous topic :: View next topic  
Author Message
Guest






PostPosted: Tue May 25, 2021 11:44 pm GMT    Post subject: Boston-4th-highest-home-price-jump Reply with quote

http://realestate.boston.com/buying/2021/05/25/boston-4th-highest-home-price-jump/

"Properties were on the market for just 17 days in April, and 88 percent of homes sold were on the market for less than a month...Boston was fourth, with a 14.9 percent year-over-year increase"

This really sucks if you are looking to buy a home in the Boston area, but is great for existing homeowners. If you own a $500k home, you made $75k just for living in your home in the past year. This is why the rich get richer.
Back to top
RealEstateCafe



Joined: 11 Dec 2007
Posts: 233
Location: Cambridge, MA

PostPosted: Thu Oct 14, 2021 2:44 pm GMT    Post subject: Reply with quote

Quote:
This really sucks if you are looking to buy a home in the Boston area, but is great for existing homeowners. If you own a $500k home, you made $75k just for living in your home in the past year. This is why the rich get richer.


Yes, that's more than $200 per night just sleeping in your house. Over the past year, it's been disheartening to see BLIND #BiddingWars turn the housing market into the Hunger Games, pitting buyer against buyer.

A number of months, 1 in 10 bidding wars soared $100K over ask.

So we've moved away from Commonwealth to "To each their home.℠" the National Association of Realtors new marketing slogan. Whatever happened to the American Dream?

https://bit.ly/Shiller_AmericanDREAM
_________________
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
Back to top
View user's profile Send private message Send e-mail Visit poster's website AIM Address
Display posts from previous:   
Post new topic   Reply to topic    bostonbubble.com Forum Index -> News & Reference Suggestions All times are GMT
Page 1 of 1

 
Jump to:  
You can post new topics in this forum
You can reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Forum posts are owned by the original posters.
Forum boards are Copyright 2005 - present, bostonbubble.com.
Privacy policy in effect.
Powered by phpBB © 2001, 2005 phpBB Group