Historically Boston condos do pretty well in a Recession
Yahoo Finance Live anchors and guests dive into forecasts and predictions for home prices in the real estate and housing market amid high inflation, rising interest rates from the Federal Reserve and worries of a ‘housing recession.’
My thoughts on the Boston condo market
I agree with Susan Orman, I don’t see many bidding wars in the near future. I also think that Boston apartment rents will continue to rise in 2023 and beyond. As far as Boston condo prices are concerned there are many balls in the air, specially, how much more the Fed will rise interest rates.