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$2 Million in Arlington???
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Guest
PostPosted: Sat Jul 14, 2018 2:35 am GMT    Post subject: Reply with quote
Racist guy was told to leave.

GTFO
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Guest
PostPosted: Sun Jul 15, 2018 7:53 pm GMT    Post subject: Reply with quote
Local Realtor here. Impartial.

Median price Wellesley 2005: $1,296,320
Median price Wellesley 2009: $1,036.410
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Guest
PostPosted: Sun Jul 15, 2018 8:54 pm GMT    Post subject: Reply with quote
Anonymous wrote:
Local Realtor here. Impartial.

Median price Wellesley 2005: $1,296,320
Median price Wellesley 2009: $1,036.410


I will just point out that this is a decline of (1296320 - 1036410) / 1296330 = about 20%.

Anyone got 30%?
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Guest
PostPosted: Sun Jul 15, 2018 8:55 pm GMT    Post subject: Reply with quote
Sorry about the minor typo, I’m on mobile.
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admin
Site Admin


Joined: 14 Jul 2005
Posts: 1826
Location: Greater Boston
PostPosted: Sun Jul 15, 2018 9:13 pm GMT    Post subject: Reply with quote
Anonymous wrote:
Anonymous wrote:
Local Realtor here. Impartial.

Median price Wellesley 2005: $1,296,320
Median price Wellesley 2009: $1,036.410


I will just point out that this is a decline of (1296320 - 1036410) / 1296330 = about 20%.

Anyone got 30%?


It's 35% when you adjust for inflation (CUURS11ASA0).

- admin
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Guest
PostPosted: Sun Jul 15, 2018 9:23 pm GMT    Post subject: Reply with quote
admin wrote:
Anonymous wrote:
Anonymous wrote:
Local Realtor here. Impartial.

Median price Wellesley 2005: $1,296,320
Median price Wellesley 2009: $1,036.410


I will just point out that this is a decline of (1296320 - 1036410) / 1296330 = about 20%.

Anyone got 30%?


It's 35% when you adjust for inflation (CUURS11ASA0).

- admin


Depends on month of comparison and whatnot.
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admin
Site Admin


Joined: 14 Jul 2005
Posts: 1826
Location: Greater Boston
PostPosted: Sun Jul 15, 2018 9:26 pm GMT    Post subject: Reply with quote
Anonymous wrote:

Depends on month of comparison and whatnot.


I used the "Annual" values for Boston-Cambridge-Newton, MA-NH. Take your pick for months: https://data.bls.gov/timeseries/CUURS11ASA0

- admin
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Guest
PostPosted: Sun Jul 15, 2018 9:59 pm GMT    Post subject: Reply with quote
admin wrote:
Anonymous wrote:

Depends on month of comparison and whatnot.


I used the "Annual" values for Boston-Cambridge-Newton, MA-NH. Take your pick for months: https://data.bls.gov/timeseries/CUURS11ASA0

- admin


I would, but... on mobile. Anyway, it’s interesting. Anyone have any insight as to what measure(s) of inflation is/are actually meaningful in this situation?
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Guest
PostPosted: Mon Jul 16, 2018 12:12 pm GMT    Post subject: Reply with quote
Who knows where any of this data really comes from? But according to this chart, The median price in 2005 for Wellesley was only $880,000.

I wasn't there for th data collection of any of this information, nor do I know any of the statisticians personally, so it's anyone's guess.

https://www.bostonglobe.com/2013/09/05/median-home-prices-town/EFKrm7BXtTPdjSvgt6MWXJ/story.html
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Guest
PostPosted: Mon Jul 16, 2018 5:12 pm GMT    Post subject: Reply with quote
Arlington is up 50% since 2010. Adjusted for inflation, it’s up 90%. -35% versus +90%. Timing is everything.
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Guest
PostPosted: Mon Jul 16, 2018 6:39 pm GMT    Post subject: Reply with quote
Aside from Admin, you fuck heads are clueless. Pathetic lowly wannabees. It's obvious to any real estate investor that housing is in a bubble overdue for correction. Wait for it. In the meantime, get a life.
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Guest
PostPosted: Mon Jul 16, 2018 7:32 pm GMT    Post subject: Reply with quote
Weren't you told to leave?
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admin
Site Admin


Joined: 14 Jul 2005
Posts: 1826
Location: Greater Boston
PostPosted: Mon Jul 16, 2018 9:59 pm GMT    Post subject: Reply with quote
Anonymous wrote:
Arlington is up 50% since 2010. Adjusted for inflation, it’s up 90%. -35% versus +90%. Timing is everything.


Shouldn't it be lower when adjusted for inflation?

- admin
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Guest
PostPosted: Tue Jul 17, 2018 12:21 am GMT    Post subject: Reply with quote
Quote:
Weren't you told to leave?


Weren't you told to go fuck yourself?
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Guest
PostPosted: Tue Jul 17, 2018 12:26 am GMT    Post subject: Reply with quote
Quote:
Arlington is up 50% since 2010. Adjusted for inflation, it’s up 90%. -35% versus +90%. Timing is everything.


Shouldn't it be lower when adjusted for inflation?


Yes it should, but these are the type of math skills behind the arrogant morons that think we're in a normal economy and that real estate around here won't correct. Maybe we should change our name from Boston to Fantasy Island?
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