Boston Condo Inventory and the Corona Vaccine. Some say that more Boston condo for sale inventory will arrive on the market in the coming months as the vaccination campaign gathers momentum. The thought by some Boston downtown real estate brokers is that many would-be home sellers are delaying selling their homes until the pandemic recedes.
“As the risk of serious illness declines, because more people are vaccinated, we expect to see more sellers.
That would be welcome news for homebuyers who are finding limited choices. Last week, it was reported that housing inventories hit an all-time low in December as buyer demand continued to be elevated.
Experts say that as the pandemic fades away we could also see cities regain some of their lost residents. Populations in several big cities decreased during the pandemic as people moved to the suburbs or rural areas, where more space is available.
The bottom line, according to the experts, the suburbs will remain popular with buyers that want more space for less money.
Single-family homes in the suburbs will clearly be favored over the condominiums in downtown, city centers,” said Lawrence Yun, chief economist of the National Association of Realtors.