Massachusetts Real Estate - History Personified
Massachusetts is a state overflowing with history and yet oddly
modern. Massachusetts real estate prices are very pricey.
Massachusetts
Massachusetts is an incredible mix of history and bustling
modern influences. Historically, the state took in many of the
initial European immigrants and was the location of crucial
battles in the Revolutionary War. Throw in events such as the
Boston Tea Party and you have a state with a heritage. While
appreciating the past, Massachusetts also pays homage to
changing times and is a hot bed for education, business and
sports.
Boston
Tiny city. Perhaps you've heard of it? From colonial
architecture to modern skyscrapers, Boston is an amazing city
that deserves your attention. A favorite big city, Boston is
unique for placing the old with the new. Statutes and old
colonial influences sit below modern amenities such as the
financial district. People watching is a prime hobby at places
such as the Quincy Market and Boston Common. College influences
can be found around Harvard University, Boston College and
Boston University. Loafing, exploring and sailing are rife in
Boston Harbor and the Charles River, not to mention crab caked
galore.
If sports are your thing, Boston will be heaven. The Boston
Marathon needs no introduction. For professional sports, you
have the Bruins, Red Sox, Celtics and, just out of town,
Patriots. Throw in a major college basketball, hockey and
football influence and you have a town with a major sports
passion. Winters are cold, but spring, summer and fall more than
make up it. Boston is an absolutely great place to live.
Nantucket
Nantucket is the home of old colonial architecture, cobblestone
streets and seaboard beauty. An island, the town of Nantucket is
surprisingly bereft of cars, but does get packed with tourists
during the summer. You'll find the town full of funky little
shops, museums and art galleries galore. Nantucket is a great
place to spend a weekend as prices are outrageous. Make sure to
take in a sunset at Madaket Beach.
New Bedford
A fishing town through and through, New Bedford has a history as
one of the pre-eminent whaling towns in the country. Whaling is
off limits today, but the town still bustles with a major
fishing industry. While the town has lost some of it's charm
because of development and a coastal highway, there is a
definite feeling of stepping into the past if you move here.
Massachusetts Real Estate
Massachusetts real estate prices are very high. There is simply
no way around this fact. A single-family home in Boston proper
will set you back a million dollars, while prices vary
throughout the state. Unless you're ready to commit to a
$500,000 price, you're going to be disappointed with the
options.
Massachusetts real estate has a solid, but unspectacular
appreciation rate. For 2005, property appreciated at rate of a
little below 12 percent, just under the 13 plus national
average.