Are you currently renting
and wondering if now is a good time to buy a home in Boston?
The Boston real estate market is
in good shape and is expected to continue to rise upward through
2018. The same can be said of the rental market. Rentals are booming – for the
landlord. The Consumer Price Index (CPI) was released by the Labor
Department last week. Rents are
up in 62/100 major cities – including Boston. Boston is up .4% month to
month and is up .5% from last year at this time.
Boston rents are expected to
continue to climb
throughout this year and the next. Home prices and mortgage rates are also
expected to rise so it doesn’t make sense to wait another year to purchase a home in Boston
as you will pay more in the long run.
Bottom Line. Buying a
home now before your rent rises makes sense financially. If you are one of the
many renters out there who would like to evaluate your ability to buy this
year, meet with a Boston
real estate professional who can help you find your dream home.
When you are ready to purchase
a home in Boston, contact
an experienced Boston real estate
agent. I am committed to providing you with the highest quality buyer
service. When making the type of investment that buying a home requires, you
deserve to have all the latest market information and the very best advice,
both of which I can provide you with. I hope to speak with you soon!
Lucas Garofalo
Keller Williams Realty
(617) 861-3631
Lucas@LucasBostonHomes.com
Connect with me:
Connect with me:
No comments:
Post a Comment