One of the most recent articles from Metro Boston discusses the
future prospects for Boston real estate going forth into 2012. The
localities that are brought up as ones to keep a keen eye on are
South Boston, or
Southie, the Back Bay, and
Kendall Square. All
of these neighborhoods are showing how despite the recent economic
recession and the challenging real estate markets nationwide today,
Boston is fairing well.
Our own agent, Nick Hanneman, was
actually quoted in this article about the positivity leading into
this year! Nick provided very credible details of the place he
calls home, West Second in South Boston. We have been talking about
it for years, but theyre finally getting it right. Before, it was
all cheap flips of triple-deckers. Now [theres] new construction
with good design. Despite the recent worries about South Boston
where in recent years construction was rather slow, Hanneman is
optimistic due to the accelerated real estate transaction activity
seen his neighborhood. It was a real eyesore. Over the past year,
almost every empty lot and abandoned building has been either torn
down or renovated. Its tons of obnoxious construction, but property
values are rising.
No matter where your home search begins and ends in Boston, you
are bound to find that our neighborhoods have held on after the
recession better than most cities nationwide. The charm, history
and array of architectural brilliance that lines our streets allows
for anyone from any culture or demographic to find the place that
is both right for their taste and their wallet!
More Information:
Metro.us