The Ukraine War And Its Impact On The Boston Condo For Sale Market

Will the Ukraine war have an impact the Boston condo for sale market?

It’s likely to have the an effect as it will cause rising mortgage rates – it will make buyers want to hurry up and buy Boston condo so they can lock down a mortgage rate before it rises more.

Less-motivated Boston condo buyers

But the less-motivated Boston condo buyers have to be getting to the point where they are looking for any reason not to buy, so the number of lookers should thin out. But it shouldn’t change the outcome for sellers of well-located downtown Boston condos, well-conditioned, and well-priced homes.

Unless one of two things happens:

America gets in the fight.
There is a cyber-attack on us.

Real estate cyber-attack

A cyber-attack would be devastating to the local Boston condo for sale market.

Home buyers are utilizing the internet tools to help them with their decision-making. Without them, the buyers’ comfort levels will drop quickly. An extended cyber-attack would likely to bring the Boston condominium sales market to a halt.