Boston high rise condos: Aware of changes
Being able to tell when the Boston high rise condos for sale market is about to change can help you save money. You can avoid putting a enormous amount of money down into a high rise condo before its value drops, or make a profit before prices soar. Follow these tips to see if the Boston high rise market is about to change.
Look at the Boston high rise condo inventory
Monitor high rise Boston condo inventory to see how many properties are for sale, is it increasing or decreasing. Prices could be increasing as more and more buyers are competing for few high rise condos for sale. Or visa versa.
Pay attention to Govt policies
Boston high rise condos prices could drop if we have a spike in interest rates. Increase taxation on foreign buyers could have a severe impact on Boston condo prices.
Number of says on the market
View the number of days on the market for how long it takes a Boston high rise condo to sell. Over 100? Over 200 days? The longer it takes, could be a sign that the Boston high rise luxury condo market is slowing down.
Observe upgrades in the Boston neighborhood
Is the Boston neighborhood you’re thinking of buying have capital improvements going on? Or is it on the downturn?
Boston high rise condos, Mass