The Boston Real Estate market sees fluctuations each year – and always reflects resilience and stability with evolving trends.
Below you’ll find some general tips on what to keep on your radar in 2024 whether you’re looking to BUY or SELL this fall in the Boston market. And Julie can guide you through to help you be prepared with the best plan for success.
- Market Dynamics: Boston’s real estate continues to be one of the most active markets in the U.S. and brings both opportunity and challenges. Buyers and sellers should actively look to stay informed about market trends to make effective decisions.
- Inventory Levels: While inventory remains low, indications of a balance suggest that the market may see a shift. Properties are taking an average of seven days to go pending, hinting at a more equitable negotiating environment between buyers and sellers.
- Price Stability: Limited real estate inventory has kept prices slightly higher and will most likely stay that way unless there’s a significant increase in new listings.
- Development: There is an urgent call for developers to initiate new projects and affordability strategies to invigorate the market. This could help alleviate some constraints currently affecting Boston.
- Interest Rates and Buyer Activity: As interest rates are projected to decrease, it could lead to renewed buyer activity and stimulate new developments, indicating a cautiously optimistic outlook for the market moving forward.
Being aware of these dynamics can help both BUYERS and SELLERS to navigate the Boston real estate landscape effectively – and as the market continues to be highly competitive, it’s more important than ever to have a seasoned real estate professional, like Julie Harrison to educate you on your best strategy in the ever-changing Boston real estate market.
BUYERS
View extensive details about what you’ll receive working with Julie Harrison Real Estate on the BUY WITH JULIE page or check out Julie’s current luxury properties on her FOR SALE page.
SELLERS
View the many ways Julie helps sellers through her extensive experience, high-end marketing services and vast knowledge of the real estate market on her SELL WITH JULIE page.
Contact Julie to learn your best strategy for buying or selling this fall!
INSPIRATION SOURCE
Handmade Felt Flower Stems via Food52
Homemade Apple Pie via Simply Home Cooked
Holiday Decor Shop & Ideas via Pottery Barn
Real Touch Norfolk Pine Garland via Afloral Design
Fall Activities in MA via Life at My Own Pace
