Category: Boston Housing Market
Buying multi-family homes for sale in Boston may have crossed your mind if you want to diversify your financial portfolio or purchase your first home. After all, more and more first-time homebuyers are thinking about taking this route to become homeowners. The appeal is straightforward: you’ll accumulate equity and your incoming rents will help subsidize […]
I first heard the phrase, “drive till you qualify” in the 1990s referring to first-time homebuyers who were priced out of Los Angeles and were heading east to California’s Inland Empire; in fact, it was probably still called Riverside County in those days. The economics underlying this eastward movement was the tradeoff between how much […]
Boston, one of America’s oldest and most renowned cities, has always been an attractive location for living, working, and investing. The city hosts the most well-regarded universities and cutting-edge industries, attracting talented people worldwide. However, like many other bustling, world-class cities, Boston is increasingly grappling with a critical issue: affordable housing. Recent proposals by the […]
As we enter the second half of 2023, Boston’s real estate market has slowed significantly. Total residential real estate sales are down -27.94% in the first 6 months of 2023 compared to last year for all property types. Amazingly, despite the drop in demand for Boston real estate, median sale prices remain high thanks to a shortage […]
Whether you’re a buyer, seller, or prospective tenant in Boston, you know that the city has one of the most competitive and dynamic housing markets in the country. This can make finding, or selling, a home more difficult if you don’t have the right tools and resources at your disposal. That’s where a Boston real […]
Multi-family real estate investments are a great way to build long-term wealth. However, while investing in Boston multi-family real estate can be incredibly rewarding, it’s not without risk. There are a wide variety of factors and nuances to consider if you want to have outstanding returns. To help guide you through the process, here is […]
Photo by Matt Santapaula, CC BY 2.0, via Wikimedia Commons The real estate market in Mission Hill has started 2023 in a deep chill as property sales decline city-wide. Mission Hill has recorded just 3 residential property transactions over the past 3 months. That ties the lowest 3 month total in the past five years […]
Boston’s real estate market saw total property sales crater during the final quarter of 2022 amidst rising interest rates and a sluggish economy. The city’s 30 day median sales price took a nosedive in December as a result, dropping $67.5K compared to November 2022. With inflation still high, incoherent energy policies, tech layoffs and more rate […]