LuxBeat Local Real Estate Professionals discuss rumors, facts and opinions on Luxury Real Estate in Boston, MA and Providence, RI

May 15, 2009

Condo Sales Down, High End Apartment Rentals UP

Filed under: Boston Real Estate — Joshua A. Golden @ 9:59 am

Thought I would just vent a little on the blog here.  If you own a real estate company and depend heavily on Condo Sales, you might as well lock up your doors or downsize fast.  The total number of Condo sales over the first 6 months in and around Boston is down 30% to 70% depending on the neighborhood. Yes, 30% to 70%!!!!! Otis, Coldwell, Sotheby’s, look out below.

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