Is it a buyers market? It depends who’s selling
Boston Condos for Sale and Apartments for Rent
Is it a buyers market? It depends who’s selling
While huge swaths of the country enter a buyer’s markets for the first time in a decade. The Massachusetts has found itself caught somewhere between.
Renovated, well-priced homes in the Boston suburbs and parts of the Boston condo for sale market are actually selling into a quasi-seller’s market, while properties that haven’t been updated in a number of years, or are priced too high, are stuck in a much larger sort of buyer’s market.
Cash and international buyers, which often are one and the same, are the biggest drivers of the sustained demand for luxury homes in the city.
The summer is also a difficult time to evaluate the Boston condo for sale market, where new listings plummet and buyers have dissipated for weekend travel.
Boston condos for sale and the bottom line
Now that the unofficial end of summmer is here, I’ll have a better idea how the market wil be leaning in next couple of weeks.
Peace be with you
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