As Boston continues to experience an influx of growth, here's what you need to know about Boston's real estate market in 2018
With the arrival of corporate giants like GE—as well as the much-anticipated arrival of Amazon—Boston is on the fast-track to becoming a booming business and commerce center well beyond 2018.
There are some sources that speculate metropolitan cities in the United States like Boston are currently overvalued, but it shouldn't immediately deter potential home buyers or renters from investing in the area. With proper research and planning, it can be possible to find the right luxury condo, apartment or home in the Boston area.
To get an idea of the 2018 Boston housing market, we've picked these articles to provide an overview of what other real estate experts are saying:
The Housing Market Looks Good Unless You're a First Time Millennial Buyer
The nation’s housing market for 2018 continues to look good, according to two recently released reports. But first-time millennial buyers will continue to struggle with affordability, especially in high-priced areas like Los Angeles, San Francisco, Boston, New York and Washington DC.
Four Things to Watch Out For in 2018 Boston Real Estate
Every new year brings with it changes to housing markets, consumer preferences and how real estate professionals conduct business, and 2018 is no exception. It’s a year that will see sweeping federal changes take hold, as well as a number of local and regional changes that will impact housing markets in ways both big and small. From tax reform to rising interest rates to the impact of a potential major corporate relocation, here are some of the issues that will have the biggest impact on Boston real estate in 2018.
Will That Remodel Pay Off? Here's the project payback for projects
Not all remodeling projects are created equal. In fact, some may help you resell your house more than others. In its annual Cost v. Value report, Remodeling magazine tracked the price and payoff for 20 of the most popular professional projects (midrange and upscale) in 100 US markets for 2017.
Boston-area rent/price ratio tells tale of neighborhood potential
“Asking price can be seen as a measure of the long-term prospects of a neighborhood,” NeighborhoodX research director Constantine Valhouli said over email. “Asking rent can be seen as a reflection of what the neighborhood is like right now.”