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Old 06-05-2007, 06:21 PM
 
1 posts, read 3,309 times
Reputation: 10
Default Highest rates of appreciation around boston

Hi,

I'm looking to buy a condo in or around boston. I'm just wondering where to look where the prices are affordable, however the land is possibly oing to appreciate in the next few years. Any help would be great.

Thanks.
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Old 06-05-2007, 06:25 PM
 
735 posts, read 2,414,950 times
Reputation: 238
In this market you should readjust your expectations. If you can hold onto the property for 5+ years, you should be fine when it comes to equity. Anywhere around Boston will yield the most appreciation. T accessibility and convenience are pretty high on the list. Check parts of Somerville. Cambridge and Boston will still be too expensive...
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Old 06-06-2007, 10:04 AM
 
Location: in a house
5,852 posts, read 1,568,838 times
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Hi NY'er, How do you like your new digs?
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Old 06-12-2007, 09:45 AM
 
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i love living in somerville, it's a great community, very conveniently located for boston (take rt 28!).

i don't keep track of real estate values tho.
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Old 06-12-2007, 03:49 PM
 
1,472 posts, read 2,831,738 times
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Real estate values around here haven't been doing so well, so if you buy you may have to wait around for quite a few years. It will be interesting to see in 5-10 years what happens in MA when the baby boomers start retiring and the fact the state is losing people every year.
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