"About 41% of Boston metro area owners are sitting on homes valued below $550,000, the report notes. The national average is 38.9%."
"Areas with more starter-home inventory provide greater accessibility for younger or lower-income buyers, driving demand and creating a more affordable housing market."
"People buying under $550,000 will include first-time homebuyers, relocators and downsizers, investors, and Boston's working class/immigrants," says agent Bianca D'Alessio.
"Boston, and the other nine cities on this list, have a lower-than-average amount of 'locked-in' owners."
#boston-real-estate #starter-homes #first-time-homebuyers #affordable-housing #real-estate-market-trends
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