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December 24, 2005
Crystal ball & graph to predict housing prices in 2006
Wish you had a crystal ball to see where housing
prices are headed in 2006? Then watch our video and check out is this graph of past real estate cycles in Boston before making your own prediction. Merry Christmas and Happy New Year from The Real Estate Cafe, particularly to those bargain hunters who know the holidays can be an excellent time to buy. As our gift to you, we've introduced a new rebate option, at half our normally hourly rate, to encourage you to try our nationally recognized fee-for-service business model.
Bill Wendel | 01:51 PM in Housing forecasts, Market trends, Price trends, Savings & Rebates, Timing the market | Permalink
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The Boston Globe has been predicting a "Bubble" in the market for the past 5 years. Now that it has happened, they feel so intelligent. If you want to know what is happening in the real estate market, consult with a realtor. They will be honest with the current trends, even if it's news you don't want to hear.
Posted by: Joseph Tofalo | Jan 8, 2006 1:47:47 PM
Joseph,
Thank for your comment. I agree that it is essential for the real estate professionals to be candid and truthful about what's really happening in the market. Monitoring market trends at the local level will be increasing important in 2006 as housing prices soften or begin to fall in Boston and beyond. It is, however, worth noting that some real estate professionals, including The Real Estate Cafe, chose not to be Realtors. We certainly value the ability to conduct market research, particularly property and listing histories for clients, through the MLS. MLSPin.com, as you may know, is one of the more progressive MLS's in the nation, and does not require licensed professionals to be Realtors to participate in the MLS. (Currently consumers are not allowed to access MLS information directly but the OpenMLS Ballot Initiative in California could cause a wave of change across the country.)
Feel free to give your perspective on this and other issues in the future via this blog, and if appropriate track back to your own. We value a healthy, respectful range of opinions and value your contribution. Best wishes to you and your clients as we ALL try to make sense of the changing and challenging market in 2006.
Posted by: RealEstateCafe | Jan 8, 2006 4:27:07 PM
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