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Old 09-25-2013, 08:18 AM
 
Location: in the miseries
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I notice house prices are starting to come down. Also sales are not so robust.
Is this a mini bubble reaction?
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Old 09-25-2013, 09:07 AM
 
Location: Massachusetts & Hilton Head, SC
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I guess it depends on the area. In some parts of the state there are bidding wars.
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Old 09-25-2013, 09:35 AM
 
Location: Needham, MA
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Still seeing plenty of multiple offer situations around these parts. What part of the state are you in?
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Old 09-25-2013, 11:36 AM
 
Location: in the miseries
3,577 posts, read 4,510,119 times
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North Shore. I am seeing more and more houses going on the market.
One is valued at 450.000; priced at 374.000 no offers. Been on since July.
Reduced as well.
Others are getting ready to sell (large numbers) from my small area.
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Old 09-25-2013, 02:22 PM
 
Location: North of Boston
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Can't imagine where you are located. Most of the houses in the $400-600K range in my town are going for over asking price.
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Old 09-25-2013, 03:00 PM
 
Location: Needham, MA
8,545 posts, read 14,025,464 times
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Quote:
Originally Posted by luvmyhoss View Post
One is valued at 450.000; priced at 374.000 no offers. Been on since July.
Reduced as well.
Valued by who?
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Old 09-25-2013, 04:43 PM
 
Location: Massachusetts
6,301 posts, read 9,644,887 times
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Where I live Acton, the bidding wars have started on certain properties. One of the online publications featured several homes that were bid over 10% of asking.
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Old 09-26-2013, 06:43 AM
 
15 posts, read 33,410 times
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Quote:
Originally Posted by luvmyhoss View Post
North Shore. I am seeing more and more houses going on the market.
One is valued at 450.000; priced at 374.000 no offers. Been on since July.
Reduced as well.
Others are getting ready to sell (large numbers) from my small area.
luvmyhoss,

Which town on the North Shore are you referring to that has a large number of homes getting ready to sell?
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Old 09-26-2013, 09:11 AM
 
Location: in the miseries
3,577 posts, read 4,510,119 times
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Quote:
Originally Posted by MikePRU View Post
Valued by who?
assessed value
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Old 09-26-2013, 09:57 AM
 
Location: Massachusetts & Hilton Head, SC
10,023 posts, read 15,665,421 times
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Quote:
Originally Posted by luvmyhoss View Post
assessed value
That's not market value...
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