Benefits of owning a Beacon Hill condo Boston Condos For Sale Ford Realty

As we approach the end of the year, it is hard to believe that 2020 is here which with it brings an interesting year full of opportunity and challenges in the Boston Beacon Hill condo market. Ultimately, I think that buyers and sellers will look back at 2018 and be pleased with the results. Beacon Hill condo buyers who bought prior to the rate increases of late summer and fall will have interest rates in the mid to low 4 percent range. We may never see interest rate opportunities like this again. Sellers who sold their Boston Beacon Hill Real estate in 2020 were able to take advantage of lower inventory levels and double digit equity gain.

At the end of each year, it is common practice for most successful people to dream big and write up their goals for 2019. For any investors and buyers interested in a Downtown Boston condo, the suggestion is to put the goal of homeownership on the goal list. Here are several reasons to think about buying a Downtown Boston condo in 2020

Prices are going up:

It is a pleasure to finally report that the Downtown Real Estate market is gaining equity. In 2013 we saw 15% to 17% of equity gain in most markets. Over the course of 2014, many real estate analysts predict there will be more modest equity growth of 7% to 10%.

Interest Rates are going up?

Indications now is that interest rates will remain low. But at these historic rates they may not last long.

Tax Benefits of Homeownership:

As the economy continues to gain strength it will be more and more important to take advantage of every benefit in homeownership. The tax benefits for a homeowner are significant, and should not be overlooked.

Take advantage of the Urban Lifestyle:

Downtown Boston has so much to offer in terms of a great urban lifestyle. Everything from work, live, and play are literally within “footsteps” of your front door. One of the best aspects of living in Downtown Boston is walkability. It is possible to remove yourself from the “hustle and bustle” of the Boston freeways by parking your car and walking.

Boston condos for sale

Boston condos for sale near Downtown/Midtown Boston

Back Bay Boston condos
Beacon Hill Boston condos
Charlestown Boston condos
Navy Yard Charlestown Boston condos
Dorchester Boston condos
Fenway Boston condos
Jamaica Plain Boston condos
Leather District Boston condos
Midtown Boston condos
Seaport District Boston condos
South Boston new condos
South End new condos
Waterfront new condos
North End new condos
West End new condos
East Boston condos

Condos around the Midtown area to rent: