Comments on: Housing expert: US housing market has hit rock bottom http://www.bostonreb.com/2008/08/housing-expert-us-housing-market-has-hit-rock-bottom/ Boston real estate. Boston condos. Mon, 06 Sep 2010 19:42:50 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Bill http://www.bostonreb.com/2008/08/housing-expert-us-housing-market-has-hit-rock-bottom/comment-page-1/#comment-5236 Bill Thu, 21 Aug 2008 02:41:30 +0000 http://bostonreb.com/?p=5350#comment-5236 There ain't no bottom to be hit in downtown Boston since prices never went down. Still going up in fact. Seems weird to ask, but when will prices in Boston hit the TOP? There ain’t no bottom to be hit in downtown Boston since prices never went down. Still going up in fact. Seems weird to ask, but when will prices in Boston hit the TOP?

]]> By: confused http://www.bostonreb.com/2008/08/housing-expert-us-housing-market-has-hit-rock-bottom/comment-page-1/#comment-5235 confused Tue, 19 Aug 2008 15:26:05 +0000 http://bostonreb.com/?p=5350#comment-5235 There is that whole loan availability thing compounded by the fact that interest rates are creeping up. Wait til they want the 20% down payment thing again, then things will get fun. I'm not sure I agree with the terms of service...they seem a bit harsh. There is that whole loan availability thing compounded by the fact that interest rates are creeping up. Wait til they want the 20% down payment thing again, then things will get fun.

I’m not sure I agree with the terms of service…they seem a bit harsh.

]]> By: Richard http://www.bostonreb.com/2008/08/housing-expert-us-housing-market-has-hit-rock-bottom/comment-page-1/#comment-5234 Richard Tue, 19 Aug 2008 13:42:18 +0000 http://bostonreb.com/?p=5350#comment-5234 Me too. I follow a number of real estate markets besides downtown Boston. I'm seeing falling volume and inventories bloating in these other markets. Sellers are also giving up after failing to sell their properties. The high-end properties in these areas are typically purchased as second homes by people from NYC and Boston. Ironically, average asking prices continue to go up as average selling prices tumble and inventory increase. Me too. I follow a number of real estate markets besides downtown Boston. I’m seeing falling volume and inventories bloating in these other markets. Sellers are also giving up after failing to sell their properties. The high-end properties in these areas are typically purchased as second homes by people from NYC and Boston.

Ironically, average asking prices continue to go up as average selling prices tumble and inventory increase.

]]> By: alan http://www.bostonreb.com/2008/08/housing-expert-us-housing-market-has-hit-rock-bottom/comment-page-1/#comment-5233 alan Tue, 19 Aug 2008 13:11:06 +0000 http://bostonreb.com/?p=5350#comment-5233 Got to agree with Rhea – still a long way to go before everything evens out. Got to agree with Rhea – still a long way to go before everything evens out.

]]> By: Rhea http://www.bostonreb.com/2008/08/housing-expert-us-housing-market-has-hit-rock-bottom/comment-page-1/#comment-5232 Rhea Mon, 18 Aug 2008 20:13:47 +0000 http://bostonreb.com/?p=5350#comment-5232 I think he's dreaming. There is so much inventory and so many more mortgages to reset. We are headed down for a while to come. I think he’s dreaming. There is so much inventory and so many more mortgages to reset. We are headed down for a while to come.

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