The busiest season in Boston real estate has just begun.
The same research indicates,
“Historically, April launched the kickoff of the home shopping season as buyers would come out of their winter hibernation looking for their new Beacon Hill home. However, the spring shopping season now starts in January for many of the nation’s largest markets.”
With the reality of fewer Beacon Hill homes on the market in the winter, and that supply naturally increases as we head to the spring market, waiting for more competition to list in your neighborhood this year might put you behind the curve. Perhaps now is the time to jump into the Boston real estate market.
George Ratiu, Senior Economist at realtor.com says,
“As shoppers modify their strategies for navigating a housing market that has become more competitive due to rising prices and low inventory, the search for a home is beginning earlier and earlier.”
There is a lot of speculation in the condominium market about why the search for a home is shifting to an earlier start. The one thing we do know is if you’re thinking about buying or selling a downtown Boston condo this year, the earlier you get started, the better.
When should you sell something? When there is less of that item for sale and the greatest number of buyers are in the market. That’s exactly what is happening in the Beacon Hill real estate right now.
The new spring market for downtown Boston real estate is underway. If you’re considering buying or selling, let’s connect, so you have the advantage in this competitive market.
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