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“Prices are up and inventory is low” is something I’m sure everyone has heard so far. But what does that mean to you as a homeowner or potential buyer?

There are a lot of buyers in the market and not enough homes, so houses are selling at higher prices due to the low supply and increased demand!

Thinking of selling, give me a call or send me an email for a free consultation 🏡

Myth: Most people who buy a primary residence put down 20%

Reality: Over 64% of millennial homebuyers are putting less than 20% down. The majority are putting down 1-5%! Sounds a lot more feasible to secure your dream home, doesn’t it!

Interested in learning more? Let me connect you a trusted lender so you can learn more about your buying power in todays market!

Chart Source: Digital Risk survey results via keeping current matters

In 2021, the majority of condos in the South End sold within the $700k - $999k range (almost 200 condos)! In addition, there were an additional 250+ condos which sold for over $1m!

If you’re considering buying or selling a property in Bostons South End - reach out and let’s discuss your options!

Interested in another neighborhood? Check out my other posts for details or reach out directly for more information!