Fall Sales are Here!

The fall has traditionally been a good time for buyers to go out looking because of the influx of properties that come on the market. This year is no different, with over 100 new condos coming onto the market in Boston since September 3rd. The low mortgage rates of last week means that hopefully some savvy buyers out there locked when the rates dipped to 5% or lower in some cases. The downtown however, isn’t the only area that’s trying take advantage of low mortgage rates and patient but hungry buyers.

The Nouvelle at the Natick Collection is also trying to hop on the bandwagon with their auction on October 4th. The plan to auction off 42 units has drawn lots of attention from people in Boston, and with homes starting at $160,000 they are incredibly affordable. The Nouvelle isn’t alone either, Milton Village in Milton just dropped their prices as well. In effort to get buyers before the First Time Home Buyer Tax Credit closes prices have been dropped 10% in the past week. For more information on either of these properties or a free market report send us an email at contact@backbayrealtygroup.com or call 617-449-3642.