
"Price Growth: Prices are expected to continue rising, but at a more moderate pace, likely within a single-digit percentage range. This continued appreciation is supported by the region's strong local economy, including the tech and biotech sectors, and persistent high demand. A "bubble" or a significant price crash is considered unlikely. Inventory: Inventory levels are projected to increase modestly, providing buyers with more options than in the immediate post-pandemic years."
"Mortgage Rates: Mortgage interest rates are expected to decline slightly or moderate, potentially settling around 6%. Lower rates could boost buyer demand and lead to an increase in overall home sales activity. Affordability: Despite a more balanced market, high prices and elevated (though easing) interest rates will keep affordability a significant challenge, particularly for low-to-moderate-income buyers. Market Conditions: The market is becoming more selective."
Prices are expected to grow modestly in 2026, likely within a single-digit percentage range supported by a strong local economy and persistent demand. Inventory should rise modestly, providing buyers with more choices while remaining below pre-2020 levels. Mortgage interest rates may decline or moderate, potentially settling around 6%, which could boost buyer demand and sales activity. High prices and elevated interest rates will keep affordability a significant challenge for low-to-moderate-income buyers. The market will be more balanced and selective. Well-priced, move-in-ready properties will sell quickly, while other listings may take longer and offer negotiation opportunities. Buyers should focus on total cost of ownership and refinancing options.
Read at Boston Condos For Sale Ford Realty
Unable to calculate read time
Collection
[
|
...
]