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.