Boston downtown condo buyers – Keep the faith
I read an article about Millenials who are giving up on owning a piece of Boston real estate. I remember feeling that way myself back when I had a full set of hair and interest rates were in the double digits. Boston condos were less expensive back then but those mortgage payments were killer.
Wages have not gone up as much as downtown Boston real estate prices have and housing is more expensive than it was when I was a first-time homebuyer. Back in those days, I wanted to own a condominium very badly. I never gave up and eventually, I was able to buy a downtown Boston condo.
I got some help though. I was able to get a down payment and closing cost assistance. That is why I have a link over the right to a resource for various grants and loans for cash-strapped home buyers. There is money out there and the site will help you find it. Click here to see if you are eligible. I have worked with numerous clients over the years who have used the programs on the site.
Also, ask your lender about programs for first-time homebuyers.
Boston Real Estate and the Bottom Line
What else can I say – Keep the faith