Boston Condos for Sale and Apartments for Rent
Don’t buy a Boston condo as short-term investment
Boston condo for sale prices are still going up in the Metro area. If you bought your condominium in the second half of 2020 or in 2021 it might not have appreciated as much as you’d like, even though the value has gone up.
Multiple offers on homes for sale are fading away, It is quite possible that some home buyers may buy below asking price now that interest rates went up.
Buying a house and selling it two years later is always an expensive proposition. It won’t take long for the house to be worth t but what was paid for it. Expect to own the home for at least five years, seven to ten years would be even better.
Buying a house is not the best short-term investment.