Boston Midtown condos for sale: 5 tips for buyers
I’m not sure who told me this: “Galileo got it wrong. The universe does not revolve around the sun. It revolves around Boston.” I guess it goes without saying that Boston is a hugely popular place to live and a wonderful place to put down roots. If you are new to the market, here are some tips for downtown Boston condo buyers
1. Boston Condo Prices Are Plateauing, But There’s Still Competition for Affordable 1 and 2-Bedrooms
The days of bidding wars are not as plentiful as in days past. But don’t get me the wrong one and two-bedroom condos in Midtown/downtown Boston are still very attractive to homebuyers.
If you’re thinking of buying a Midtown condo to sublet, you may want to think again. Mayor Walsh is cracking down on short term furnished rentals.
Self-managed buildings can sometimes be difficult to work with, There are buildings in Boston that don’t have audited financials, budget records at all, or someone at the ready to provide the board minutes. This is not necessarily a red flag, it just creates more work for you and your lawyer.
Don’t think cash buyers only exist in downtown Boston. They’ve infiltrated all areas of Boston from Midtown to Seaport District.
5. Inspections Are More Important
If you are buying a Boston Midtown high rise condo, a home inspection is a must
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