The condo speculation from investors are coming on quick bets on appreciation Condominium speculators are looking for Boston's hot real estate market to bear fruitful profits on the the proliferation of new Boston Condos leveraged by favorable financing.
A repeat collapse like the 1980's is unlikely experets say, because developers and lenders will not allow investors to comprise 20, 30 or 40 percent of the total number of buyers.
"In all of our locations we're seeing it, from the entry-level price product to the super top of the market," said Kevin Ahearn of Otis & Ahearn in Boston.
Some new and recently sold luxury condos in the Boston Market:
Bowdoin Place by Lyons
South End condominium Atelier505
Waterworks at Chestnut Hill
Chestnut Hill Reservoir
Belvedere
Trinity Place
Bowdoin Place
Residences at the Intercontinental
Broad Street
Search Boston real estate :: Boston Condos Arlington, Belmont, Brighton, Brookline, Cambridge, Newton, Somerville, Waltham, Watertown. Serving the Middlesex, Norfolk, Needham,and Suffolk Counties of Massachusetts
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