It’s easy to wait for it. The movies have taught us that when the music swells and the chips are down, that’s when the cavalry arrives and when the story plot changes. ( I got to stop watching these old western movies).
It turns out, that’s not how it works, well at least not in the Boston real estate world.
Our opportunities to change the plot of our life story is what happens to us in all moments. Changes in your lifestyle, going from Beacon Hill renter to Beacon Hill condo owner doesn’t simply appear when the script announces it does: it is the hard work by doing your due diligence, of seeing what’s possible when few are willing to believe in themselves.
Your defining moment is whenever you decide it is, and you get a new chance to change your living situation every day.
The Boston Condo for sale market
Even as the worst of the economic chaos reigned in this the coronavirus pandemic, there are reasons for the Boston apartment renters to feel optimistic. The Federal Reserve slashed interest rates and is doing its part to help the economy, sending mortgage rates in downtown Boston plummeting from an average of 4.19 percent for a 30-year fixed-rate mortgage in early spring to 3.60 percent on the first week of May and even lower now in the summer months June.
Falling rates created an optimal environment for both mortgage refinancing and securing new home loans while the Coronavirus Aid, Relief, and Economic Security (CARES) Act protected millions against foreclosures and prevented its damaging effects on the housing market.
Although coronavirus remains a pressing threat, evidence points to the fact Boston condo prices in Midtown, Seaport, and Beacon Hill will climb in the future. These rising values, coupled with today’s low mortgage rates, make now a great time for Beacon Hill apartment renters to explore buying a Boston condo for sale. Doing so is easy, as visiting keep visiting Ford Realty website and our Bostonluxurycondosforsale.com site each day.
Yes my friends, make today, now, your defining moment.
Looking forward to hearing from you soon!