Boston’s housing market before the Covid shutdown in March, had been extraordinarily strong with home values rising rapidly year over year since 2008. This is due to a shortage of housing supply and high demand spurred by strong population growth. Driven in large part by an immigration boom and an influx of young professionals, Boston’s population has been growing at a steady pace since...
The Seaport District The Seaport District is the hottest area in Boston and one of the highest demanded for real estate. The Seaport is a new area basically created from scratch and was mostly composed of parking lots and vacant warehouses. It wasn’t until 2010 when Former Mayer Thomas Menino launched a plan was to take approximately 1,000 acres of underdeveloped land on South Boston’s...
Boston is an excellent market to own income generating investment units. Housing demand has been outpacing available supply, due to strong population growth, real estate prices continue to rise steadily into 2019. Moreover, Boston is an international education and medical hub, which year after year draws high rental demand. A personal favorite—the Fenway area is an excellent place to own an investment...
Boston housing market values has been rising rapidly since 2008, due to a shortage of housing supply with high demand spurred by strong population growth. The city has committed to adding 30,000 new housing starts by 2020 to try to aid the growing demand. Moreover, the Mayor recently upped the housing goalby 30% to 69,000 new units to be built by the year 2030 to better account for Boston’s...
Real estate is an excellent place to invest your money and can be very lucrative. One of the major reasons is with the ability to use high leverage. As a buyer, leverage provides you with a low-money-down option to invest in real estate and at the same time it increases your “cash on cash return” because financial leverage multiplies the power of every dollar you put to work.Real...
It’s an intriguing time to discuss the state of the State of The Boston Real Estate Market and explore your housing options, as it relates to your residence or even future residence. Currently: Boston’s real estate market is very strong and condo and home values continue to appreciate.Interest rates are low, and cheap debt has led to an increase in home buying.An imbalance oflow supply and high...