Here’s an interesting new statistic; 1 out or every 4 U.S. renters can afford to buy in their local market.
In Boston-Cambridge-Newton market the ownership rate is 61.3% of those still renting an apartment 23.5% can afford to buy.
The video below is two part, the first half illustrates how the subprime mortgages are coming back. The second half of the video dives deeper onto the ownership to renter stats
Contact me to set up an appointment to start your Boston condo buying process.
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