Why Boston Stands Out
Several factors place Boston in the spotlight:
- Fewer “Locked-In” Homeowners – Unlike other markets, fewer Boston homeowners are tied to ultra-low mortgage rates from the pandemic. This means more sellers are likely to enter the market as rates stabilize.
- Strong Job Growth – Boston’s robust economy and job market continue to attract buyers from around the country.
- Millennial Demand – Boston sees a steady influx of young professionals who are ready to purchase starter and move-up homes.
With mortgage rates expected to stabilize around 6% and home sales projected to rebound by 7-12%, buyers and sellers alike have reason to be optimistic. Inventory constraints could start to ease, creating more opportunities for buyers without a significant dip in home values.
What Does This Mean for You?
- Sellers: This is a fantastic time to position your home for maximum exposure. With demand strong and buyers motivated, you’ll want to list early to get ahead of the competition.
- Buyers: Opportunities will be plentiful, but competition will remain strong. Having an experienced agent to navigate this fast-moving market will be key to securing your dream home.
Ready to Plan Your Next Move?
As a Boston-based realtor and Accredited Buyer’s Representative (ABR®) and Seller Representative Specialist (SRS®), I specialize in helping buyers and sellers succeed in this exciting market. Whether you’re looking to buy, sell, or invest in Boston in 2024 or 2025, let’s connect to discuss your real estate goals.
📲 Contact me today to get ahead of the market curve. Boston is calling!
Danielle Dimond Real Estate || (617) 939-9360 || ddimond@sennere.com