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.

Malden
Goto page Previous  1, 2
 
Post new topic   Reply to topic    bostonbubble.com Forum Index -> Greater Boston Real Estate & Beyond
View previous topic :: View next topic  
Author Message
Guest






PostPosted: Sun Nov 04, 2018 4:40 am GMT    Post subject: Reply with quote

Anonymous wrote:
Its best to look at Malden as a leading indicator for slow down. Towns like these drop first and fast (and hard) when weakness sets in.


The next drop-off is won't start until 2022 at the earliest. It's very likely that we will continue to see 3% appreciation until then. Home prices will drop back to 2019 prices between 2026-2029. You are going to get -20% in the less desire-able areas like Malden, Everettt and Revere.
Back to top
Guest






PostPosted: Mon Nov 05, 2018 4:18 am GMT    Post subject: Reply with quote

Anonymous wrote:
Anonymous wrote:
Its best to look at Malden as a leading indicator for slow down. Towns like these drop first and fast (and hard) when weakness sets in.


The next drop-off is won't start until 2022 at the earliest. It's very likely that we will continue to see 3% appreciation until then. Home prices will drop back to 2019 prices between 2026-2029. You are going to get -20% in the less desire-able areas like Malden, Everettt and Revere.



That's playing it safe. Making a prediction 8 to 11 years into the future.
Back to top
Guest






PostPosted: Tue Nov 06, 2018 4:59 pm GMT    Post subject: Reply with quote

I saw this slide show this morning. Hopefully it'll still be there for you.
Slide show links sometimes disappear.



https://www.msn.com/en-us/money/realestate/15-major-cities-where-home-prices-are-plummeting/ss-BBPcwGD
Back to top
Guest






PostPosted: Tue Nov 06, 2018 7:19 pm GMT    Post subject: Reply with quote

Anonymous wrote:
I saw this slide show this morning. Hopefully it'll still be there for you.
Slide show links sometimes disappear.



https://www.msn.com/en-us/money/realestate/15-major-cities-where-home-prices-are-plummeting/ss-BBPcwGD


Why isn't Boston on the list?
Back to top
Guest






PostPosted: Tue Nov 06, 2018 9:23 pm GMT    Post subject: Reply with quote

Quote:
Why isn't Boston on the list?


Because Boston will lag in the correction because foreigners are infesting and our economy is strong and diversified. Don't worry, it is slowly significantly. Prices declines are growing. It won't be long
Back to top
Guest






PostPosted: Wed Nov 07, 2018 3:27 pm GMT    Post subject: Reply with quote

These aren't big price drops. Even the biggest ones are only a few percent.
to me plummeting means 15% to 20% at least.
Back to top
Guest






PostPosted: Fri Nov 09, 2018 12:29 am GMT    Post subject: Reply with quote

I think that's where the high end is headed. Under a million not so much, 10%. Then sideways
Back to top
Guest






PostPosted: Fri Nov 09, 2018 3:15 am GMT    Post subject: Reply with quote

Anonymous wrote:
I think that's where the high end is headed. Under a million not so much, 10%. Then sideways


In percentage terms, the high end always drops the least and the low end drops the most. That's because the rich rarely get laid off and they have deep pockets to weather most recessions. The bottom 50% get crushed during recessions and end up in foreclosure. You will see really good house deals in Everett, Malden and Revere during the next downturn. No so much in Cambridge or Somerville.
Back to top
Display posts from previous:   
Post new topic   Reply to topic    bostonbubble.com Forum Index -> Greater Boston Real Estate & Beyond All times are GMT
Goto page Previous  1, 2
Page 2 of 2

 
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