Great, now what?

You survived until ’25. Amazing.

Since the Federal Reserve started raising interest rates in 2022, real estate pros kept repeating a similar mantra. Just stick it out this year and in the next one, you’ll make a killing. Keep chugging along. Keep pushing for extensions with your lender. Hit up your partners to pump in more capital. Talk to your attorney to be relieved of those personal guarantees.

But each year the finish line moves back. It’ll always be next year.

There is the possibility that 2025 is it: the moment Boston condo for sale brokers have been waiting for.

On the other hand, instead of surviving until ’25, you might now need to survive through ’25 and then “let it rip in ’26.”

Boston condo for sale brokers/agents all praying for lower interest rates, It’s really about interest rates and cap rates more than any single component.

But there’s another just as likely reality: higher interest rates are here to stay. The Federal Reserve cut rates in December, but further cuts are expected to be less frequent.

The result: Boston condo sales will be hard. With rates staying high, everything is expensive: financing, buying and operating.