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Top housing economist top 10 predictions for 2025 (Video)

Boston Condos for Sale and Boston Apartments for Rent

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Top housing economist top 10 predictions for 2025 (Video)

 

Boston condos for sale - Ford Realty Inc

 

Beacon Hill apartment stats

Number of Beacon Hill apartments for rent Winter 2025 – 55 listings

Median living area for a Beacon Hill apartment – 720 square feet

Median list price for for a Beacon Hill apartment – $3,500. per month

Average number days on the market  – 17 days

There isn’t any housing bubble

Mortgage charges rose steeply in 2022 which, when coupled with the large run-up in residence costs, has some suggesting that we’re recreating the housing bubble of 2007. However, that might not be farther from reality.

Over a previous couple of years, residence costs obtained forward of themselves resulting from an ideal storm of large pandemic-induced demand and traditionally low mortgage charges. Whereas I count on year-over-year value declines in 2023, I don’t consider there will probably be a systemic drop in residence values.

Moreover, as financing prices begin to pull again in 2023, I count on that may permit costs to renew their long-term common tempo of development.

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