The past 5 years sold market information indicate strong real estate growth in many neighboring communities west of Boston… Here are just a few towns within 10 mile of Boston.
Several factors have contributed average sales prices increasing in the Boston market place, including:
*Interest rates… In the past few years interest rates have remained low. This trend has created two thought processes, it’s a great time to buy and the fear of an increasing interest rate.
*Rental Leases… Rent or Leasing rates have not softened, giving consumers thought that buying makes sense at some point
*Inventory… the inventory of good homes remains low, creating continued competitions for quality properties on market