Byline – John Ford Boston Beacon Hill Condo Broker 137 Charles St. Boston, MA 02114
Housing predictions for 2025. Both nationally and the local Boston condo for sale market.
Boston Condos for Sale and Apartments for Rent
Housing predictions for 2025. Both nationally and the local Boston condo for sale market.
Updated: Boston Real Estate Blog 2024
Condo Broker 137 Charles St. Boston, MA 02114
Visit our office at 137 Charles Street, Beacon Hill MA 02114
Where is Ford Realty Located?
Ford Realty is located in 137 Charles Street in Beacon Hill
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Housing predictions for 2025. Both nationally and the local Boston condo for sale market.
Recently the president of the local association of realtors was asked what the real estate market will do in the future. His response: “Nobody knows what the market is going to do in the future”. Of course, immediately after that comment he said, “Interest rates have to drop to 5.5%. Then you’ll see everyone get excited and say, ‘Hey, let’s sell our house and get another one.’”
Even if mortgage rates to go back to 5.5%, people are living in their forever home. The difficulty of finding a better home for a decent price will overwhelm any minor inconvenience at their existing home.
Boston condo for sale inventory
I don’t mind predicting the future. The rest of 2023 is going to look ugly. Hopefully in 2024 Boston condo for sale inventory will increase, but first we’ll need relief from the Fed on current interest rates.
Updated: Boston condos for sale website 2024
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