Is Boston real estate a good investment?
Boston hold its position as one of the most expensive areas in the country to invest in real estate. One of the reasons is due its large pool of new residents each year from colleges and universities. The growing tech and health industries.
Boston condo and apartment values didn’t dip much from the pandemic like other area of the country.
Will Boston housing prices collapse in 2021 or 2022?
According to most real estate analysts the Boston real estate market will remain strong with some upward pressures as long as mortgage rates remain at historic low levels. Boston real estate appreciation levels will cool once interest rates rise but we will not see a foreclosure crisis
Is it a good time to buy a Boston condo in 2021?
According to the banking industry the 30-year mortgage rates are projected to remain below 4% at an average rate of 3.5% up slightly from todays level according to Fannie Mae, .thus making a purchase of a Boston condo for sale a sound investment.