I appreciate the Herald’s concern. If they feel so bad for us, perhaps they should run around next Sunday and drop off some coffee and doughnuts to their friendly, neighborhood real estate agent.
There was a sudden jump in the number of properties on the market in the downtown area, over the past couple of weeks. It remains to be seen, however, whether or not the market will absorb them. My guess is "yes". The spring market began late, yet May and June were just as hot as last year.
Same thing could happen, now. Still, as I said two weeks ago, if you’re thinking of buying, now could be the time.
By Jerry Kronenberg, The Boston Herald
What if they threw an open house and nobody came?
That’s exactly the problem some would-be Greater Boston home sellers are seeing as the once-hot Bay State housing market noticeably cools.
Brokers say some of this past weekend’s open houses attracted no would-be buyers at all.
That’s right. Zero.
"We’re thrilled now if we get four or five people at an open house,” said Pat Tierney, co-owner of Hyde Park’s Stanton & Tierney Real Estate. "A lot of people drive by, and, if it’s not what they want, they just keep on going.”
Tierney’s agents had few, if any, buyers at many of their open houses this weekend in Hyde Park, Roslindale, West Roxbury and Quincy. Other brokers and sellers reported a similar lack of interest at open houses on Beacon Hill and in Cambridge.
Complete article: Realtors lonely as shoppers stay home