Q & A Saturday – How is the Boston Real Estate Market?

 

Welcome to our Q & A Saturday video.

In these Q & A Videos we will answer your questions about real estate.  Any real estate related topic from questions about selling your house, buying a house, real estate investor questions, land lording questions, local market questions and many others things are all fair game. 

Today’s question is “How is the Boston Real Estate Market?”

Boston MA Aerial view - Boston Massachusetts Real Estate

In this video Shaun gives a quick overview of some recent data on the state of the Boston and Greater Boston Real Estate Markets:

 

Some of the main points covered in this video are:

1)      The blanket statement that the Boston market is “Hot” just isn’t true

2)      All sub-markets in Boston really need to be looked at individually

3)      The other cities and towns near Boston also need to be looked at on their own merits as some are doing great and others are in decline.

4)      Boston IS a good market to be in, long term. 

 

I hope this video and the articles linked below give an idea that not every market in the area is doing great.  This is only a small selection of places but they are not the only ones that are not living up to the hype that is often thrown around.  Many others are doing better and many are in fact red hot still, but they all must be identified individually since there is a lot of variation.  I love the whole Great Boston area, but I also know that a few miles (and sometimes just a few blocks) can make a world of difference in the real estate market.  My hope with this not to sour anyone of the area but to make sure if you are going to sell a property that you don’t just assume you have made a bucket full of money the last year and if you are buying that you don’t necessarily need to make above list price offers the first day on the market just to get in the game.  Both of these MIGHT be true but they don’t have to be, do your due diligence!

 

Hope you enjoyed the video and leave any other questions you have about the topic below or any other topics you would like to see covered in future videos.  I encourage anyone that has things they would like to talk about to let me know what they are.  You can always fill out a contact us form here and put Q & A in the subject, just leave a comment with your questions below here, send an email to info@masshomesale.com, or post it on our Facebook page or Twitter account.

 

Some of the articles mentioned in the video:

–          Series on the MYTH of the hot Boston market
   –          Part 1 – Boston
   –          Part 2 – Hyde Park
   –          Part 3 – West Roxbury
   –          Part 4 – North End (Condos)
   –          Part 5 – Fenway (Condos)
–          Real Estate Trends in Winthrop, MA
–          Real Estate Trends in Milton, MA
–          Real Estate Trends in Somerville, MA
–          Real Estate Trends in Dedham, MA (From April)

 

 

 

(Image Credit: Boston MA Aerial View via traveljee.com)

 

 

 

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