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Boston luxury condos for sale

Boston luxury condos for sale

 

Millennial first-time condo and home buyers getting back in market

This is long overdue news about the condos and home market, not just in Boston:

Call them the prodigal millennials: Statistical measures and anecdotal reports suggest that young couples and singles in their late 20s and early 30s have begun making a belated entry into the home buying market, pushed by mortgage rates in the mid-3 percent range, government efforts to ease credit requirements and deep frustrations at having to pay rising rents without creating equity.

No statistics about about how many Boston first-time condo and home buyers there are today. But sales of luxury condos has been solid of late, so anecdotally, it looks like the market may be shifting.

Of course there’s a caveat:  I.e. we’ll see.

Boston luxury condos for sale