Comments on: Forbes Predicts Boston Home Prices to Rise 19% http://bostonrealestateobserver.com/boston-home-prices-to-rise/ Sat, 07 Apr 2012 00:20:55 +0000 hourly 1 By: Rich Rosa http://bostonrealestateobserver.com/boston-home-prices-to-rise/#comment-640 Rich Rosa Sun, 31 Jan 2010 18:43:06 +0000 http://bostonrealestateobserver.com/?p=2900#comment-640 A average increase of 3 percent to 4 percent per year for real estate prices sounds like steady, healthy growth, and I believe that type of price appreciation is in line with historic price increases for real estate over the longterm. Roger B. has a point about economists who are as about as accurate as meteorologists most of the time; however, the real story about the housing market around the Greater Boston Area is inventory, which has significantly declined over the past 12 months. A average increase of 3 percent to 4 percent per year for real estate prices sounds like steady, healthy growth, and I believe that type of price appreciation is in line with historic price increases for real estate over the longterm.

Roger B. has a point about economists who are as about as accurate as meteorologists most of the time; however, the real story about the housing market around the Greater Boston Area is inventory, which has significantly declined over the past 12 months.

]]> By: Roger B http://bostonrealestateobserver.com/boston-home-prices-to-rise/#comment-638 Roger B Fri, 29 Jan 2010 15:56:44 +0000 http://bostonrealestateobserver.com/?p=2900#comment-638 These are exactly the same economists that said housing would rise 5% in 2008. Not sure why anyone would quote them now, the have a track record of being more wrong than right. These are exactly the same economists that said housing would rise 5% in 2008. Not sure why anyone would quote them now, the have a track record of being more wrong than right.

]]> By: Alan Miegel http://bostonrealestateobserver.com/boston-home-prices-to-rise/#comment-636 Alan Miegel Thu, 28 Jan 2010 21:03:25 +0000 http://bostonrealestateobserver.com/?p=2900#comment-636 19% over 5 years? that's about 3% annually. Not great growth and shows just how distorted one can make the numbers look 19% over 5 years? that’s about 3% annually. Not great growth and shows just how distorted one can make the numbers look

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