Boston Real Estate for Sale

Boston Condos for Sale

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Mortgage interest rates are oh so low at least historically speaking and they will stay low next year or go even lower.  Low interest rates tend to drive Boston downtown real estate prices up a bit and lower the average MID (Mortgage interest rate tax deduction) 

Home buyers should always look at the big picture which I have to say is looking better all the time. Downtown Boston real estate buyers who can score an interest rate at say 2.5 – 3% may end up with Boston condo mortgage payments that are lower than Beacon Hill apartment rent and if they actually pay off their mortgage and stay in their homes they may have an asset to sell or a place to live without those pesky mortgage or rent payments. 

Boston Real Estate and the Bottom Line

However it might not be a good idea to buy this year if you think you will need to move in the next couple of years  Homeownership works best for those who can stay put.

If your looking to buy a Beacon Hill condo or a modern Boston Seaport condo for sale please contact us at 617-595-3712.

Boston Condos for Sale

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