Rent vs Buy in Boston : Advice

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James P. Fur…, Real Estate Pro in Boston, MA
James P. Furlong answered:
Why do you think Boston rents and prices are rising the fastest in the whole country? Rent or buy? Do you like the idea of furnished rentals?
It is a matter of supply and demand. We have a big demand for all types of rentals - students, professionals, relocations etc. Supply is currently low but there are many new constructi ... more
0 votes Share Flag Fri Jan 4, 2013 Rent vs Buy in Boston
Boston Luxury…, Real Estate Pro in Boston, MA
Boston Luxury Residential LLC answered:
Would the new extremely high rent prices cause a collapse in the Boston rental market next year?? (if more and more tenants break their leases??
This is pure wishful thinking. demand is still increasing, ans so are rents. We just have to get used to it.
0 votes Share Flag Fri Jun 29, 2012 Rent vs Buy in Boston
Bobby Woofter, Real Estate Pro in Cambridge, MA
Bobby Woofter answered:
Zillow.com adds "Rent Zestimates". Will it be another nightmare to brokers as Sales Zestimates was??
Blech. It already is. Indexing for SEO purposes on the large websites is horrible. It means more leads and lower quality.
0 votes Share Flag Fri Jun 29, 2012 Rent vs Buy in Boston
Voices Member,  in
Voices Member answered:
INVESTMENT PROPERTY. I am from the UK where we have a buy to let agreement with our lenders. What do you have in the US for property investors?
Your deposit on the investment property would depend on the owner occupant ratio of the building as well as your relationship with the lender. Depending on these factors it could range ... more
0 votes Share Flag Wed Jun 20, 2012 Rent vs Buy in Boston
D. Vincent M…, Real Estate Pro in 02127
D. Vincent Murphy answered:
Do you think Boston prices will decline?
YES Yes Yes. Overpriced and although not this year wait till after election. Done over. Not a crash but very ugly....where does 27 year olds think there doing bpaying 400K for a condo i ... more
0 votes Share Flag Mon May 30, 2011 Rent vs Buy in Back Bay
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