Platial | Who and What's Nearby
Platial | Who and What's Nearby
I'm looking for
near
Barnstable, MA price corrections
a while ago
367 Main St, Hyannis, MA 02601
http://town.barnstable.ma.us
0 People have been here:
Description:
Barnstable Town Hall (shown on map, website on link above)
PAST HOUSING PRICE CORRECTION
Price corrections, as defined by Global Insight (source of this data), are "declines of at least 10 percent over a period of at least 8 quarters."
Price decline: 18%
Duration: 5 years (20 quarters)
Period: 1988Q1-1993Q1
Overvaluation prior to price correction: 20%
Valuation peak: 1987Q3
CURRENT VALUATION: 2006Q1
$356,800 median sales price
43.4% overvalued
Classification: One of 71 "Extremely overvalued" housing markets nationwide
Have prices started falling in the current market? See:
http://platial.com/place/93960
Source: Overvalued Housing Market? Depends Where You Live
Most Overvalued, Most Undervalued of the 317 Largest U.S. Metro Areas Examined
http://www.globalinsight.com/Highlight/HighlightDetail2350.htm
==========
If you owned property in Barnstable, MA during this price correction, or another downcycle, please post comments below. Better yet, ADD the location of your former property to this map and tell your story so others can learn from your experience.
Our goal is to protect potential homebuyers, particularly those contemplating risky loans in overvalued housing markets, from making costly mistakes. If you were harmed by a previous real estate price correction: (1) what advice would you give to someone buying a home now, and (2) what should they know about the current housing market? If price corrections are already underway locally, post your comments or locations of properties on this map:
http://platial.com/place/93960
http://platial.com/realestatecafe/map/7060
If you are househunting outside Massachusetts, The Real Estate Cafe would be glad to refer you to an exclusive buyer agent -- perhaps one contributing to this map -- and rebate one-third of our referral fee (where allowed by law). We'll donate the other third to help save lives or provide shelter subsidies for AIDS orphans. Did you know there are more than 15 million AIDS orphans worldwide?
http://tinyurl.com/kl5nc
If you are not in the housing market yourself, you can help friends save money AND save lives by emailing this link to anyone buying (or selling) a home. Alternatively, ask them to visit http://www.realestatecafe.blogs.com, email RECafe@mac.com, or call us at 617-661-4046.
Barnstable Town Hall (shown on map, website on link above)
PAST HOUSING PRICE CORRECTION
Price corrections, as defined by Global Insight (source of this data), are "declines of at least 10 percent over a period of at least 8 quarters."
Price decline: 18%
Duration: 5 years (20 quarters)
Period: 1988Q1-1993Q1
Overvaluation prior to price correction: 20%
Valuation peak: 1987Q3
CURRENT VALUATION: 2006Q1
$356,800 median sales price
43.4% overvalued
Classification: One of 71 "Extremely overvalued" housing markets nationwide
Have prices started falling in the current market? See:
http://platial.com/place/93960
Source: Overvalued Housing Market? Depends Where You Live
Most Overvalued, Most Undervalued of the 317 Largest U.S. Metro Areas Examined
http://www.globalinsight.com/Highlight/HighlightDetail2350.htm
==========
If you owned property in Barnstable, MA during this price correction, or another downcycle, please post comments below. Better yet, ADD the location of your former property to this map and tell your story so others can learn from your experience.
Our goal is to protect potential homebuyers, particularly those contemplating risky loans in overvalued housing markets, from making costly mistakes. If you were harmed by a previous real estate price correction: (1) what advice would you give to someone buying a home now, and (2) what should they know about the current housing market? If price corrections are already underway locally, post your comments or locations of properties on this map:
http://platial.com/place/93960
http://platial.com/realestatecafe/map/7060
If you are househunting outside Massachusetts, The Real Estate Cafe would be glad to refer you to an exclusive buyer agent -- perhaps one contributing to this map -- and rebate one-third of our referral fee (where allowed by law). We'll donate the other third to help save lives or provide shelter subsidies for AIDS orphans. Did you know there are more than 15 million AIDS orphans worldwide?
http://tinyurl.com/kl5nc
If you are not in the housing market yourself, you can help friends save money AND save lives by emailing this link to anyone buying (or selling) a home. Alternatively, ask them to visit http://www.realestatecafe.blogs.com, email RECafe@mac.com, or call us at 617-661-4046.
Photos:
Tags:
Watch Related Videos
View Related MapsMeet Relatives
