Post Leads to Boston Herald Articles

David Bates / March 14, 2014-10:29 am

When I told the Boston Herald about the lack of modestly priced inventory and the bidding wars it was provoking, it provoked two stories and this photograph of me.

When I told the Boston Herald about the lack of modestly priced inventory and the bidding wars it was provoking, it provoked two stories and this photograph of me.

Around 11 AM, Tuesday, I pitched the Boston Herald to do a story based on my post “Good-Bye Modestly Priced Hub Condos.” It took them only three hours to tell me they were going with it. The story ran yesterday.

The Herald had some interesting numbers from the Greater Boston Real Estate Board which showed that on March 10, 2010, 62.4% of Boston’s listings were listed under $500K, but on that date in 2014 only 42% were priced less than $500K.

The market background information I provided to Marie Szaniszlo, about how the lack of inventory everywhere was fueling bidding wars, led to a second Herald story.