In 2009, 54% of people that bought real estate in Massachusetts said that they believed their new home was a better financial investment than stocks. The statistic comes from a study published on February 9th, 2010 by the Massachusetts Association of REALTORS®. An additional 29% of buyers said that their new home was as good as an investment as stocks. For sellers of property, the feelings were positive as well. Sellers in Massachusetts typically sold their properties at 94% of their asking price.
Why buy property in Boston? Massachusetts property, particularly in-demand Boston real estate, is an excellent opportunity to invest. Right now there are hundreds of condos in Boston, single-family homes in Boston, and multi-family homes in Boston that are on the market — and offered at a great value. Rental property in Boston will always be in demand due to the large number of students and working professionals entering the market at any given time. Buying real estate in Boston is a great opportunity to earn extra income, and hold onto a valuable asset for your future or for the future of your children and loved ones.