Boston Condos for Sale and Apartments for Rent
Boston condos for sale: Correction, not crash predicted
Mark Zandi, Moody’s Analytics chief economist, on whether the housing market is due for a coast-to-coast correction.
Chief economist Mark Zandi sees a correction is “dead ahead” but not a crash.
Reasons why we won’t see a Boston condo crash
- Mortgage under-writing is stronger than in the past.
- Real estate buyers with higher credit scores than in the past.
- Housing vacancy rate is very tight. Housing stock is at a record low.
Updated: Boston Real Estate Blog 2022
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