sellers: What's the market like for condos where the 5% down buyers are missing?
- 06/04/08 02:12 AM
This year the spring market started late (it's usually good weather that jump-starts the market in January or early February) and from all indications will continue into the usual summer downtime between June 15 and Labor Day. The market in Cambridge and pockets of Boston and surrounding towns is good this year despite the national news. Low inventory in certain price bands is driving many sales. An interesting turn of events has occurred in the 5% first-time home buyer category. Usually, the home of choice in this location for the single, first-time home buyer is a one-bedroom/one-bath condominium in desirable locations like Harvard Sq., Davis Sq. in Somerville, and (0 comments)