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New condo developments in Boston are on the rise.  Whether you are a student in Boston or have a family, a Boston condo is a great way to enjoy the city for a cheap price.  Boston condos are a great way to potentially make money and to have a place to yourself without dealing with a house.  It is also a good way to get involved with a community. 

Today, Boston condos are a great investment as well. With even more projects coming up this shows the lack of luxury condo properties or full service condos. More of this type of condo property is being built as it is the wave of the future. The Back Bay, Beacon Hill, Brighton Allston, Charlestown, Chinatown, Fenway, Leather District, Midtown, North End, Seaport, South Boston, South End, Waterfront and the West End in Boston are all hot and downtown Boston will continue to boom. 

Also, some immediate suburbs like Brookline, Newton, Medford & Quincy are also picking up on this trend. Traditionally these markets don't cater to the full service young professional, however, we are seeing all new types of luxury condominium properties popping up around the skirts of Boston also. Boston experiences a continental climate that is very common in New England, but with distinct maritime influences due to its position on the Atlantic Ocean. Before buying a Boston condo, it is good to know that the weather in Boston changes rapidly. It is not uncommon for the city to experience temperature swings of 54 Fahrenheit degrees or more over the course of a couple of days. Summers are typically warm and humid, while winters are cold, windy and snowy.

It has been known to snow in May or October but these events are rare. The Boston Condo Market has been on a mega rebound over the past few weeks. Downtown inventory rates have dropped significantly and prices are still climbing. Many Boston condos that we have been tracking over the past few weeks have went under agreement at full or over asking price showing the stability & possible frenzy in the 2007 Boston real estate market. Currently, there is a real estate frenzy going on in Manhattan. Is it the buyers who have been waiting for the bubble to burst over the past 18 months and now are faced to purchase now or rent for another year? Is it the low interest rates that are still active in our marketplace? What is causing this new renewal of the Boston real estate market?  There are many questions to ask and Boston knots to unravel, but overall, buying a Boston condo is a smart decision.