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.

Signs that Boston area’s heated housing market is cooling

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



Joined: 11 Dec 2007
Posts: 207
Location: Cambridge, MA

PostPosted: Wed Nov 28, 2018 11:47 pm GMT    Post subject: Signs that Boston area’s heated housing market is cooling Reply with quote

Larry Edelman, @GlobeNewsEd offer this summary of the Boston Globe headline below. What’s yours?

There are signs that the Boston area’s heated housing market is cooling
http://bit.ly/RESignsOct2018

Cooling-off period: It's not panic time -- yet -- for homeowners we know looking to cash out of the Dorchester house that has appreciated wildly over the past 20 years and will finance retirement. But there are signs that the Boston-area housing market is losing steam. New data from Greater Boston realtors show the median sale price of a single-family home in the region climbed 7.1 percent to $605,000 in October from a year earlier. But, as Globe real estate guru Tim Logan notes, that growth rate has dipped over the last few months, an indication that the market may have peaked. Sales fell 4.4 percent, but the number of homes on the market is on the rise. "It’s a trend that has been in the making for several months," Tim reports, "and while sellers still have the upper hand, the slower pace of price increases is enough to give would-be buyers hope that the days of bidding wars and being forced to make a lightning-fast decision on a life-changing purchase may be coming to an end." His full story can be read here.
_________________
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