Residential real estate inventory for sale is at a near record low level in our local metro Boston market. What does that mean for Boston area home buyers? Because there aren't enough desirable properties to go around, housing prices are pushing upward.
All this is good news for home sellers who may have been waiting for home values return to pre-housing downturn levels. But guess what? In many Boston neighborhoods residential real estate prices remained stead overall during the downturn and some even saw prices advanced.
So, what's the bottom-line? Spring market is here, buyers are out and there's pent-up demand to buy. If you're a seller on the fence as to whether to market your house, contact us to see if it's the right time for you.
Only real estate professionals who are members of NATIONAL ASSOCIATION OF REALTORS® may call themselves REALTORS®. All REALTORS® must subscribe to NAR’s strict code of ethics, which is based on honesty, professionalism and the protection of the public.