For starters, lets take a logical approach to why investing in the Boston Seaport condo market is a good investment. Looking at data science team uses three main indicators — job growth, population growth and affordability — to gauge the strength of a rental market. The results of our research on the Boston Seaport District were positive in all areas.
Here are 3 reasons Boston Seaport District is getting our attention:
1. Strong population growth, especially among Millennials
According to 2018 US Census estimates, Boston is one of the largest metropolitan area in the nation. Growth has been dominated by a young, diverse population — new residents who tend to have a preference for renting vs. buying their Boston Seaport condo
2. Impressive performance of Boston Seaport apartment rentals
Industry analyst John Burns Real Estate Consulting lists Boston Seaport District in the top rental markets in the U.S., based on anticipated job growth, new rental leases for 2019-2020 and home price growth. .
3. Robust economy and business-friendly environment
Jobs are a major driver of population growth. Boston is adding jobs according to the U.S. Bureau of Labor Statistics, earning the city a spot in the top 10 U.S. cities for job growth. Below, we’ve gathered some statistics and facts that bode well for continued economic vitality.
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Ford Realty – Boston Real Estate Google Reviews 2019 & 2020
