The Boston Real Estate Blog by way of The Boston Globe:

Playoff Hangover?

And now to Boston, where a chill wind blows. Sales of Beantown condos fell 12.3% during the first nine months of 2005, compared with last year’s record-breaking figures. Boston brokers say the whole market’s shivering.

”We’re seeing a slowdown across all price ranges — I don’t care whether it’s a $300,000 unit or a $3 million unit,” Chris Tuite, a North End real estate agent told The Boston Globe. ”I attribute it to too many natural disasters, a quiet stock market, and people are scared about rising interest rates, even though they’re still at historic lows.”

I disagree. C’mon people. I know we’re all guessing here at what’s going on, but be serious.  As a close, personal friend said to me, “People are saying no one’s buying, because the Red Sox were in the playoffs.” (?!)

Boston condos for sale $500,000

Back to Boston condos for sale homepage

Contact me to find out more about this property or to set up an appointment to see it.

Boston condos

Boston condos for sale


For more information please contact one of our on-call agents at 617-595-3712.