Buying condos in Boston

If you're shopping for Boston condos, then you already know how they open up a world of affordability, convenience, and worry-free living. But to get the best value for your money, you need to ask a few important questions, especially if you've never owned in a condo association before. Finding the answers to these ahead of time can help you make a more informed decision.

1. What are the condo fees and what do they cover? The monthly Homeowner's Association payment or more commonly known as a Condo Fee, takes care of the maintenance and insurance outside your unit and in common-area amenities, such as the courtyard, pool or hallways. Find out exactly what the condo fee pays for, so you know whether you pay separate charges for such services as snow…

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Boston condo inventory is down

I love real estate, and I love analyzing numbers. I'm not an economist, but more of a self proclaimed "numbers guy". My goal is to always have my finger on the pulse of the real estate market. I'm constantly looking at inventory, calculating the average price per square foot for different areas, average and median prices, and analyzing that data.

Since 2012, the Boston condo market has been on fire. Buyers are always wondering when multiple offers on properties are going to end, and when inventory will increase. I decided to analyze Boston condo inventory over the years. What I found was shocking! I knew inventory was tight, but I had no idea just how constrained it has become.

As of September 1st, 2016: 508 Condos on the market in Boston.

As…

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