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Real estate
fromBoston Condos For Sale Ford Realty
2 days ago

What Factors Contributed To Boston's Strong Condo Performance? Boston Condos For Sale Ford Realty

Resilient diversified economy, persistent housing inventory shortage, return to pre‑pandemic migration, and steady student and professional demand drove Boston's strong condo performance.
fromFortune
2 months ago

'Oracle of Wall Street' says boomers control the housing market, and their enormous equity will keep them in place - 'There will be no quick fixes' | Fortune

The CEO of Meredith Whitney Advisory Group, whose prediction of the Great Financial Crisis earned her the moniker "Oracle of Wall Street," pointed out in a Financial Times op-ed that more than 54% of homes are owned by seniors, up from 44% in 2008. She added that 79% of seniors own their homes, and three-fourths of them don't have a mortgage, meaning they have an enormous amount of equity that can help cover rising homeownership costs, such as insurance.
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