What will 2020 bring for Boston real estate? Nick discusses his top 3 predictions for how the market will shift in the new year. He also explains how BHHS Warren Residential can specifically help buyers and sellers in the new year.
There have been some articles recently about a shift to a more “buyer’s market.” What do you think about this?
The shift from a seller’s market to a buyer’s market is something that could take a while. Typically we consider a seller’s market one with 0-3 months of inventory. In 2019, many of our neighborhoods began to see a rise in supply levels, some of which reached above 3 months of inventory which means they have entered a neutral or balanced market (3-6 months of inventory). The fact that we are still in a
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