Beginning the year may provoke a blend of thrill about the unknown and fondness for what is being left behind as the Boston condo market is shifting towards a buyers market.
Staying assured of your home being sold can be achieved by following this essential principle.
Due to an increase in mortgage interest rates, Boston condos staying on the market longer, and an increment of the number of dwellings for sale, the real estate market has been going through a transformation in 2023. Therefore, as a seller, it is important to be aware of the market modifications and establish an appropriate asking price for your home in accord with the current market conditions. Greg McBride, Bankrate’s Chief Financial Analyst, remarks:
“Price your home realistically. This isn’t the housing market of April or May, so buyer traffic will be substantially slower, but appropriately priced homes are still selling quickly.”
If the cost of the Boston condo for sale is set too high, potential customers might decide against buying it. If the cost is too low, it could cost you money. Having a downtown Boston real estate agent with expertise can be of assistance in figuring out what the ideal asking cost should be.
If you’re looking to buy or sell a Boston condo in 2023, the best way to ensure you’re up to date on the latest market conditions is to couple up with a trusted real estate advisor. Let’s connect I can be reached via email firstname.lastname@example.org or cell/text 24/7 at 617-595-3712.