Real Estate Thoughts & Quotes for 2025

Boston condos for Sale

Real Estate Thoughts & Quotes for 2025

Homeowners in their 30s and 40s will be the most active group of sellers in 2025, with 27% of homeowners aged 30 to 39 and 28% of homeowners aged 40 to 49 indicating they expect to sell in the coming year. By comparison, just 10% of older homeowners plan to sell.
Only about 6% of homeowners aged 60-plus said they were planning to sell their home in 2025, according to the survey.

https://www.realtor.com/news/trends/pandemic-homebuyers-sales-housing-forecast/

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Teddy Roosevelt once said, “Nobody cares how much you know until they know how much you care.”

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How do you know when a Boston condo agent is getting old? When he’s cleaning his Boston condo and listening to music he use to drink to.

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Last year we saw an uptick in the number of people who moved. In fact, Boston condo sales were actually strong last year regardless of the Covid. I expect that trend to continue this year and that there will be more Boston condos for sale in 2022 than there were in 2021.

The seller’s market we have been experiencing for the last five years or so will also continue and strengthen. The construction of new housing has not kept up with population growth in the metro area.

Interest rates are likely to go up in 2022 to somewhere around 4%. The pandemic did slow home sales during part of 2020 but isn’t likely to have the same impact in 2022

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2014 American Express Spending & Saving Tracker

“About two-thirds (65%) of homeowners say they are confident they would get the asking price for their home if they were to put it on the market today (up from 40% in 2010).”

Financial Security Index Survey

“Eighty nine percent of Americans feel that buying a home is an important part of achieving the American Dream.”

“How America Views Homeownership” Survey

“Sixty eight percent of Americans feel that now is a good time to buy a home.”

Housing Confidence Index

“A two-thirds majority of renter households said that owning a home someday is a specific goal that they are determined to reach, or something that they think about a lot.”

Fannie Mae

“Homes have accounted for 23.5% of American’s wealth on average since 1959. That’s nearly double the proportion U.S. households and nonprofits have invested in stocks.”

Wall Street Journal

“A measure of owners’ equity as a share of the value of real-estate holdings hit 53.6% in the second quarter, up from 53.2% in the first quarter and below 50% a year earlier. For most Americans, a home is their biggest asset, so the growing level of home equity suggests improvements in the economy are now reaching more Americans.”

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To learn more about the Boston pet friendly real estate market please feel free to call our office at 617-595-3712. You can also stop by our Beacon Hill office at 137 Charles Street, Boston MA.

Contact me to find to set up an appointment to start your Boston condo buying process.

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Updated: Boston Real Estate Blog 2024

Real Estate Thoughts & Quotes for 2025

Real Estate Thoughts & Quotes for 2025