Are Real Estate Prices Going To Drop in Boston?
Boston’s real estate market has achieved record breaking growth over the past decade. Thanks to a shortage of for-sale properties and a growing population, Boston real estate prices have more than doubled since 2011. Now, with a recession looming and interest rates on the rise, many are predicting that Boston real estate prices will begin to decline soon.
Based on the most recent MLS data, it does appear that real estate prices will soon begin to decline in Boston. Here are the reasons why:
Proud dad, husband, and Owner of ProSource Media. Zach is a golf pro, a self professed BBQ master, and an expert in SEM and digital strategy. He started ProSource Media in 2016, which has grown into a successful digital marketing agency with clients all over the United States.
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