Suburban sellers stay on sidelines
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The Greater Boston real estate market is recovering from the toll taken by the Great Recession, but it still has a ways to go.Many potential sellers seem to be waiting on the sidelines, hoping the market will return to peak levels or higher.That puts potential buyers — many of whom are looking to buy rather than continue to pay exorbitant Hub rents — in a difficult position because inventories are limited.
Prices are rising due to a limited housing supply, but a robust, healthy market may still be a season or two away.To get an idea of how the market is shaping up, let’s look at data Continue reading >>>