Wednesday, June 27, 2012

Tom Brady Sells Back Bay Condo


OK, so Tom Brady and Gisele Bundchen sell their Back Bay digs for a mere $9.2 million. So, that is the "fluff" in real estate but the REAL news in real estate as reported by Boston.com is that condo sales in the Bay State were up 50% in May!!!! In May, 1,881 condos were sold up from 1,247 in May, 2011. For the same period, single family home sales were up 35% 4,510 from 3,350 for the same month last year. This really is fabulous news. So, is it a good time to sell? My answer of course is YES right? Yes, my answer is yes? Why? The buyers are out there and they want to buy but guess what they can't buy!! It is true they can not buy and it is not because of financing...that was last years news it is because there is low inventory. So, if you are looking to sell now is the time AND you may have more than 1 buyer lined up! Remember, you only need one buyer.

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