Wednesday, February 21, 2018

How is the Boston Real Estate Market?



Are you in the market to sell your Boston home? Now that we are getting close to spring market, it is the perfect time to prep for your upcoming home sale! If you are wondering how home prices in Boston are doing, look no further –  according to Bloomberg, the home sale market is excellent!

To summarize the recent announcement from the National Association of Realtors, home prices jumped to all-time highs in almost two-thirds of U.S. cities in the fourth quarter as buyers battled for a record-low supply of listings. Single-family homes, climbed 5.3 percent from a year earlier nationally and reached a peak in 64 percent of metropolitan areas measured. Of the 177 regions in the group’s survey, 15 percent had double-digit price growth, up from 11 percent in the third quarter. Home values have grown steadily as the improving job market drives demand for a scarcity of properties on the market.

The consistent price gains “have certainly been great news for homeowners, and especially for those who were at one time in a negative equity situation,” Lawrence Yun, the Realtors group’s chief economist, said in a statement.

If you are concerned about entering the market, have no fear – a Boston, MA real estate agent is your best asset to accomplish your real estate goals and more. If you’d like to dramatically increase the chances that your home sells, you should list your home with a Boston expert. As a real estate professional, I am an expert in our area and will know exactly what needs to be done to get your home sold quickly and for top dollar. Make your home selling experience an educated one. Please contact a Boston, MA real estate agent today to start the process.

Lucas Garofalo
Keller Williams Realty
(617) 861-3631
Lucas@LucasBostonHomes.com

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