According to 2013 population figures from the Federal government, Boston is the 24th largest city in the United States. However, according to a recent article published in The Boston Globe, our city is the nation’s 7th most valuable real estate market.
The Zillow Home Value Index, a blend of property assessments by local officials and market prices, pegs the median home value for the Boston area at $364,900. If you are looking to buy a home or struggling to afford your rent take heart because the same article in The Boston Globe pointed out that the pace of rising prices appears to be slowing down after a banner year in 2013 and inventory is rising.
BosGuy 