Boston is one of the oldest cities of America. It has a very typical European style that is visible in its culture. The culture and the city of Boston real estate areas at one point of time considered to be very conservative however, with time it has become one of the most happening and exciting places in New England.
The city houses some of the historical buildings, cemeteries, parks and other national landmarks. Boston is the home city for many well-known personalities that have contributed to the development of America. With the cobble streets and the gas lamps still down the streets Boston gives a very ancient feeling.
Boston real estate areas
Every neighborhood in Boston has its own charm and grandeur. Let us see the different areas in Boston where you can invest in real estate.
Beacon Hill: This is one of the most exquisite neighborhoods in Boston which possesses the gas lit cobblestone streets and the row houses. You can find good family atmosphere for your children to grow.
The South End: This area is loaded with the best bistros and art galleries. This is basically a hotspot for the gay community.
The North End: This basically consists of eating joints especially Italian and you can find this place hosting a number of Italian festivals in the summertime.
Newbury Street: This is one of the posh and chic localities that is full of cafes, restaurants and shops. You can have a good at time at the Public Garden and the Swan Boats, which is located at the end of Newbury Street. This area is located right in the middle of the Black Bay where you can find some of the most magnificent brownstones. You can also make full use of the parkland next to the Charles River that hems the Black Bay.
Jamaican Plain: This is often called as the uptown neighborhood inside the city. You can have a number of activities in this place like outing at the Jamaica pond or strolling through the Arnold Arboretum botanical gardens. There are a number of houses that are being renovated in this area and you can have a diverse range to choose from.
Brookline: It is among one of the expensive suburbs located on the west side of Boston. It is famous for its bars, shops, movie theatres etc. The restaurants here attract the families and the professionals who enjoy the diverse culture of the area. The most happening place the Coolidge Corner area is located at the intersection of Beacon Street and Harvard Avenue
Somerville: This is located to the north of Cambridge and houses some of the most liveliest restaurants and bars that are visited by young professional who cannot afford to live in the downtown; these placed are equally enjoyed by the elderly.
With the addition of condos and more and more people opting for these the condo construction is increasing in almost all the Boston real estate areas. Let us see the Boston real estate market.
Boston real estate market
The condominium market in the boston area real estate has picked up again and seen a rise of up to 7% in the first quarter of 2007. Slowly the condo effect is engulfing most of the Boston neighborhoods and is likely to expand in the near future. The median price of the condos is reported to be $489,800. The trend has especially taken up in the downtown market where almost 760 condos have been sold till date and the total price has been estimated to be $512 million. Even the sale of single-family homes has also gone up
According to the statistics in April 2007 there have been 540 single-family houses that had been reported for sale in the Boston MLS in the range o $149K to $16.5 million. The median price was $416K and the average price was computed to be $655K. The houses were for an estimated 121 days in the market. There were 731 multi-family homes in the range of $235k to $6.5 million. The median price was $499k and the average price was $587k. These houses were for 117 days in the market.
$13.9 million, median price of $399k, average price of $596k, averaging 124 days on market; 731 Multi-Family homes from $235k to $6.5 million; median price $499k, average price of $587k, averaging 117 days on the market.
With the increase in the number of places in the market for sale there is an increase in the number of investors who are interested in Boston real estate. The market is booming and you can invest in it before the prices go up again. For sellers it is advised to price their properties at acceptable prices so that they can get buyers.
Real estate buying an selling is not as easy as thought. You need the help of a real estate agent to help you out with the transactions and the dealings. Some of the Boston real estate areasagents who can h=be of help to you in buying Boston real estate are mentioned below.
Rooney real estate:
They have been functioning since 1995 and are dedicated towards providing real estate services to their customers. You can call them at (617) 269-1000 or fax them at (617) 268-1752. You can also visit them at Rooney Real Estate; 700 East Broadway; South Boston, MA 02127
Ford Realty:
No matter the type of real estate property that you are looking for Ford real estate can help you out in locating the best property according to your choice. You can call them at 617-720-5454 or at their Brookline number 617-232-1049. You can also visit them at 98 West Cedar Street; Boston, Ma 02114
Boston Real Estate:
No matter whether you wish to buy or sell real estate this real estate group can definitely be of help to you. You can call them at 617-262-1900 or visit them at 53 Hereford St; Boston, MA 02115
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