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82,338 Great Reasons to Buy a Boston Condo Today

Most experts are calling for Boston real estate prices to continue appreciating over the next several years. The most recent Home Price Expectation Survey, a survey of over one hundred economists, real estate experts, and investment and market strategists, expects home appreciation to increase as follows:

2021: 6%
2022: 4.5%
2023: 4%
2024: 3.6%
2025: 3.5%

Boston real estate

Using their annual projections, the graph above shows the equity build-up a purchaser could earn, using a $350,000 home as an example: A homeowner could increase their net worth by over $80,000 in five years. That’s an average of $16,000 annually. That number should be in any equation determining the financial benefits of owning a home compared to renting.

Boston Real Estate and the Bottom Line

Boston condo owners are going to make a substantial amount of money in home equity over the next five years. If you’re ready to buy a home, let’s connect so you can enjoy this great benefit as well.