The last Beacon Hill condo sale that I worked with had been for 10 years and he never planned on buying a Beacon Hill condo, he was older than traditional first time home buyer.
This Beacon Hill buyer was renting and he planned to rent for a long time or maybe forever but reading this Boston Real Estate Blog, he found that they could save money each month by owning rather than renting.
That is not true for everyone but it is true for some. For people who are not planning on moving in the next decade and who have secured jobs and saved some money and are currently paying high Beacon Hill apartment rents buying a home might just be a good way to lower monthly expenses.
The current housing market has created a new group of home owners.
Boston Real Estate and the Bottom Line
Tired of paying rents for downtown Boston apartments? Give me a call lets discuss your possible options at 617-595-3712.