Recession, depression, market collapse, bankruptcy, foreclosure, short sale, bailout, unemployment….. stop me if you haven’t heard at least one of these terms every day for the last five years. Considering the amount of negative information that we are inundated with in today’s economy, it may be surprising to learn that many of the local real estate markets in and around Boston have been thriving.
Every once in a while I stumble across an article buried deep underneath all of the negative reports, highlighting the positive strides many towns in and around Boston have been able to make over the past few years. As I come across them I will share them with you in the Metro blog, so consider this the first in a series of hopefully many to come.
If you don’t have time to read the entire article, I’ll offer you a brief summary. Of the 25 best performing real estate markets in the US according to Businessweek, 4 of them are located right here in the greater Boston area. They are in order of rank, 18) Somerville, 14) Boston, 3) Brookline and 2) Arlington.