Current conditions in the Boston real estate market include high inventory and decreasing prices. Expectations are set for a notable shift by mid-2026 with the potential for mortgage rates to decrease to 4-5%. A housing boom is projected, spurred by improved affordability for buyers. While some external regions are still facing housing challenges, demographic shifts suggest a growing demand for housing units over the next decade. There is anticipation concerning the economic impact of new policies from the Federal Reserve and their influence on the housing market.
Enjoy the current state of the Boston real estate market while it lasts. Prices are down, and inventory is high. However, change is on the horizon.
Lowering mortgage rates to the 4%-5% range could catalyze a significant influx of Boston condo buyers, with a predicted housing boom anticipated for 2026.
Despite current market challenges in other areas, demographic trends hint at an increased need for housing units over the next decade, indicating future market demands.
The anticipated appointment of a new Fed chief and resulting mortgage rate cuts could shift the Boston real estate landscape significantly by mid-2026.
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