Can my Boston condo decrease in value?
Is buying a Boston condo a good long-term investment?
Yes. Buying a Boston condo for sale is a long-term investment. The values may go down, but for most who actually sold a Boston condo, during the great recession did they lose money? No, in many cases the Boston condo that they owned for years ended up selling in some cases for twice as much as it was worth it when they first bought it.
The idea of decreasing values can be misleading. The idea of a “real estate recession” is confusing. The housing market isn’t like it was before the pandemic. Nothing is quite the same, If you would like to know how much your Boston condominium will sell for right now contact me at 617-720-5454, text 617-595-3712, and of course email realtyford@yahoo, .com