Boston
is experiencing a great boom in real estate values. The Boston housing
market forecast for the 3 years ending with the 3rd Quarter of 2021 is also
positive. The accuracy of the Boston housing market trend prediction is
78%. Accordingly, LittleBigHomes.com
estimates that the probability for rising home prices in Boston, MA is 78%
during this period. If this Housing Market Forecast is correct, home
values will be higher in the 3rd Quarter of 2021 than they were in the 3rd
Quarter of 2018. Buying
into the Boston real estate market makes good financial sense for a future
return on your investment. Like most of the country, Boston is experiencing a
seller’s market. A seller’s market means there is more demand than supply and
low levels of inventory. What can a
potential home buyer do to prepare for buying in a seller’s market?
·
Do the research. Scour real-estate
websites and pump agents for data. Know what has sold for what price.
·
Pre-interview local contractors. To
accept an as-is house, you need to ballpark how much repairs will cost.
·
Get preapproved. If you don’t have
cash, show the seller that financing is guaranteed.
·
Act fast. Check for new listings
daily and call the listing agent immediately.
·
Waive contingencies. It is scary, but
sometimes necessary.
·
Write the seller a letter explaining
why you love the house
And above all, make sure you are working with a qualified professional!
A Boston Real Estate agent who has the experience to help you
compose the perfect offer to get that Boston home of your dreams! Please contact a Boston Real Estate agent when you are ready, I
cannot wait to earn your business!
Lucas Garofalo
Keller Williams Realty
(617) 861-3631
Lucas@LucasBostonHomes.com
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