2019 will be the best year to be a homebuyer in about four years. This will be especially true in the spring when bidding wars usually peak. There are four key areas both buyers and sellers should be aware of going into 2019.
The state has strong fundamentals, but they are imbalanced. Much of the state’s recovery has centered around Boston’s job hub and the best-paying jobs are clustered inside 128. One-third of the state’s economy is gangbusters; the other two-thirds still sees challenges.
Market fundamentals remain strong and most economists believe growth will continue through 2019. In Massachusetts knowledge-based industries, combined with a highly educated workforce, are driving this prolonged economic growth.
2018 was a banner year for the Boston real estate market. What does the all-knowing, fortune-telling orb say about next year?
