A bright future for Boston Downtown condos
We weren’t built around an oil field, silver mine or any other such thing that would cause us to board up our windows and abandon our town. I am not kidding. Its true. Downtown Boston condominium market has a bright future it’s actually a destination city only becoming better with the future development of the waterfront, Seaport and Boston Midtown.
I almost have to laugh every time I hear someone talk about how the proverbial sky is falling. I am not oblivious to the facts. There are record number of new developments, prices are stabilized and beginning to favor of the buyer and not the seller and the 100% financing plans are all but gone. But. yes, there is always the but. In the midst of all this gloom did anyone notice that how are Boston economy is booming with about 3% unemployment in the city.
Conclusion
Bottom line, Downtown Boston condo market isn’t going anywhere but up. Literally, we are almost out of buildable land so all construction will have to go vertical. The communities of the future will be the Boston high rise condo buildings, cities within cities. Very exciting, especially for anyone who plans to buy in the Boston Seaport District. The time of the vertical communities are upon us. In downtown, there is still a lot to be done and it is still early. Building will continue through 2030 in Boston Midtown and where will you be then? I know where I will be. Ill be enjoying live local music and loving the fact that I wont have to get in my car to do that. I hope to run into you along the way.
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