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Welcome to your constantly updated resource for news and views on the Brookline Real Estate market. Here you will find commentary and statistics to explain the daily changes in the Brookline specific housing market.

Whether you're looking for an estate in Cottage Farm, a condo in Brookline Village or are just stopping by please feel free to read along and comment at will. If you are interested in speaking about renting an apartment, buyer representation or listing your home please feel free to contact me.

Tuesday, July 08, 2008

New Boston Globe RE Blogger

It's her first day, so I will let her off the hook. Stacey Myers, the replacement for Binya Appelbaum has posted a summary of a Money Magazine 2009 Housing Forecast which states Boston should drop 10.5% This forecast uses the Case/Schiller Index which tracks major metro markets. Of course, anyone who looks at the Boston data in the Money Magazine piece will see a startling median price of $363,000. Yup, the price of a tandem parking space in certain Boston neighborhoods.

What we learn from this, without even needing to scratch the surface in research, is the numbers are using all of Boston without consideration to the different neighborhoods. Yes, it's impossible for a national publication to break down a city by different neighborhoods, but isn't that what the Boston Globe pays its real estate writers to do? As often as I disagreed with what Binya wrote, at least he put some effort into it...

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The views expressed on these pages are the opinion of the author and any public contributors. They do not substitute for the advice of a legal or financial professional. These opinions are not representative of any firm or business. Please always consult an attorney, financial professional or sign a contract with a Buyer Agent or Seller's Agent for specific advice.