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Old 05-02-2009, 01:16 PM
 
1 posts, read 2,221 times
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My fiancee (23) and I (25) are thinking of buying a condo in Reading and would like to know if its a good investment. We wanted to move away from the city, but still have decent commutes to Cambridge and Waltham for work.

We are looking in other areas, but just wanted some opinions.

Last edited by bp11; 05-02-2009 at 01:25 PM..
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Old 05-03-2009, 08:33 PM
 
967 posts, read 4,786,574 times
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Are you asking about whether buying in Reading is a good investment or whether a condo is a good investment? In general a single-family home is a better financial investment than a condo. However, lifestyle wise some people prefer condos. Just be careful about fees. Some places have rather steep fees for snow removal, landscaping, etc. If you're asking about Reading that's a judgment call but I know there was an article recently showing which towns have retained their value best during this economic slowdown. I'll look for it tomorrow and post the link if I find it.

In the meantime, may I ask, why wouldn't you want to just live in Waltham or Cambridge?
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Old 05-03-2009, 08:38 PM
 
967 posts, read 4,786,574 times
Reputation: 263
Aha, found the article!
Best Places to Live 2009
Best Places to Live 2009
Best Places to Live 2009
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