Here’s why I think we’re going to get off to a fast start in 2021:
First and foremost, we WILL have a vaccine in 2021 which spells out good new for the Boston real estate market.
Mortgage rates are LOW!
We’ve seen previously how 3% interest rates have energized the demand. Now that rates have been in the 3s for a number of weeks, the word is getting out.
Inventory is picked clean.
Late fall and winter is the day that has the most listings expire, I had one taken off the market until after the holidays. .
Smart-pricing is being accepted.
Now that prices have been flat or barely rising for a year, sellers and agents are figuring it out – you can’t throw any old price on a Boston condo for sale and expect it to sell.
All we need is more product! We should see a slew of relists tin the new year – my guess is 50% of the ‘new’ listings will be ones that failed to sell in 2020. But they will help shine the spotlight on the hot, fresh new listings!
Earnings and household income will increase in 2021
Unemployment rate will decline and will remain low
The national economy will see an increase of jobs in 2021
Boston condos for sale:
To learn more about Beacon Hill condos for sale, please contact our Beacon Hill real estate office at 137 Charles Street. Yu can also contact us at 617-720-5454. The following are staff members that can help you in your home search:
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Contact me to find out more about Boston condos for sale or to set up an appointment call/text 617-595-3712.
SEARCH FOR CONDOS FOR SALE AND RENTALS
- Back Bay condos under $500k – $1M
- Beacon Hill condos $500k – $1M
- Charlestown condos $500k – $1M
- Charlestown Navy Yard condos $500k – $1M
- Dorchester condos for sale
- Dorchester Heights condos
- Fenway condos $500k – $1M
- Jamaica Plain condos $500k – $1M
- Leather District condos $500k – $1M
- Midtown downtown condos $1M – $5M
- Seaport District condos 4500k – $1M
- South Boston condos $500k – $1M
- South End condos $500k – $1M
- Waterfront condos $500k – $1M
For more information please contact one of our on-call agents at 617-595-3712.