#boston-condo-market

#boston-condo-market

At long last, it was over. The Boston condo for sale market slowdown, a scourge for the ages, hell on Earth. It paralyzed Boston real estate brokers. It separated Boston condo sellers from buyers. It ravaged us. We hadn't seen it coming. We weren't ready. When it hit, we scrambled, not knowing what to do. Some panicked. Some ignored it. Some said it would pass quickly. But it lingered and leaving Boston condo sellers in the lurk.

Denial: Initially, many Boston condo for sale sellers dismissed the idea the market is shifting, perhaps unable to believe a buyers' market could happen it downtown Boston. Anger: This stage was characterized by strong negative reactions to the potential of price reductions for Boston condos for sale. Bargaining: As a Boston condo buyers' market becomes more likely, some Boston condo sellers begin to consider how they might mitigate the impact of a changing market, such as including price reductions, concessions etc...