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| Friday, June 16, 2006 |
| Rent or Buy? This article is conflicted |
The Boston Globe has the article: Rent or own? Don't jump to conclusions. The reporter appears to be really conflicted about the health of the Boston rental and real estate market. On the one hand it looks like rental inventory is low and prices are rising. On the other hand real estate is slowing with more inventory on the market. Yet, that may or may not be prompting renters to continue to rent or to jump in now and buy. People like Croteau have added to the demand for rental units in the Boston area, where realtors expect rents to rise for the first time in several years. But Croteau's case also illustrates how conflicting forces are pulling down the region's housing market, meaning rents are likely to rise more slowly here than in other parts of the United States. I guess I will find out the strength or weakness of the rental market once I get my investment condo rental ad listed. I am planning on taking photos and crafting the ad this weekend. |
| posted by Boston Gal @ 12:22 PM *
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| 3 Comments: |
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Right now it is a buyer's market, according to realtors. If you are thinking about selling hold off.
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How much will y9ou rent your condo for? does it include a parking spot? heat? i would be interested. i'm starting to look for good rentals now.
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from one of her previous posts, i gather that the condo definitely does NOT include monthly heating costs in the price, just so you know. (don't know about parking)
~ib
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Right now it is a buyer's market, according to realtors. If you are thinking about selling hold off.