Boston condos

Boston condos

Scott notes that the number of cash deals in Massachusetts seems to be declining, based on this B&T story.

But he notes that cash is still king when it comes to pricey properties in downtown Boston and in Cambridge: “Basically wealthy buyers who have been stashing away cash for years and are now making their move.”

He adds: “Fewer cash buyers certainly would be good news for average buyer who has to rely on getting a mortgage to buy a house.”

It’s incredible how much of the housing market recovery has been fueled by all-cash deals, driven partly by  all-cash foreclosure auctions and wealthy investors.

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Boston condos

Boston condos for sale


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Updated: January 2018

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