The Berkshires Aren't BostonBy Paul Harsch, 06:08PM / Thursday, January 29, 2015 | |
The Berkshires are not Boston. Thank goodness for that! When Governor Baker recently banned all non-essential travel on January 27th in response to the dire warnings from the national weather service of the winter storm "Juno" (when did they start giving names to snow events?), he did so for the entire state of Massachusetts. What he didn't know concerning The Berkshires is that Boston and most of the eastern half of the state are a different world apart from The Berkshires. We love it that way too.
Here is what Boston is famous for among other things: traffic congestion, The Big Dig, Logan International Airport, crowds, an antiquated public transit system and lots of
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How will your Berkshire property value fare in 2015 and beyond?Paul Harsch, 01:03PM / Sunday, January 18, 2015 | |
Berkshire property valuation is a daily task of Berkshire real estate agents. The Berkshire home seller first wants to know "how much is my property worth"? And that brings me to one of the most common laws of physics.
Newton's law of motion states that a body in motion tends to remain in motion unless acted upon by another force e.g. gravity, friction, etc.
This same rule applies to the value of Berkshire real estate. Rising values, a state most sellers had come to more or less "accept" as a given in real estate through 2007, sometimes rising faster and sometimes slower, gave way suddenly to massive systemic reversal.
My own real estate
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Be A ContrarianPaul Harsch, 04:59PM / Thursday, January 01, 2015 | |
Following "conventional thinking" definitely has its merits. Knowing others have gone before you is comforting and therefore they can't ALL be wrong. Right? Not necessarily. In fact once the crowd hops onto a trend in the stock market, that is frequently a sign of a top in that market and thus those who jumped late on the band wagon will be the biggest losers.
Do you remember 2005, 2006 or even 2007? Real estate was everyone's darling and buyers were piling on top of each other, putting in competing bids and selling prices were often over listing prices particularly in the really hot markets.
Those who jumped into real estate in
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Paul Harsch, president and founder of Harsch Associates, a Berkshire County based real estate brokerage firm, is a licensed real estate broker in Massachusetts, New York and Vermont, serving a diverse residential, business, commercial and land client base for 40 years. He has achieved personal career sales exceeding $131 million and company sales from 1979 will top $500 million in 2014. Harsch is a member of the Berkshire, Massachusetts, Southwestern Vermont and National associations of realtors, is a licensed Massachusetts real estate instructor and earned the CRB, CRS, GRI and CBI designations. Harsch is a 1969 graduate of Williams College.
To submit comments, questions or requests for future blog topics write him at paul@harschrealestate.com. |
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