According to the National Association of Realtors, the national average of housing affordability in 2009 was 169, which basically means that the typical family had an income that was 169% of the qualifying income to buy the median priced home in the... Continue Reading
[caption id="attachment_1205" align="aligncenter" width="640" caption="484 Charles, River is one of the highest assessed homes in Needham, MA"][/caption]
1. 150 Woodland Rd $17,431,000
2. 39... Continue Reading
I did an analysis of 2011 Single-Family-Sales median sale prices based on the year the home was built. It made for what appeared to be a very simple and understandable chart that simply showed the older the era of the house, the less the median... Continue Reading
Do you want to lower your monthly real estate payment?
Buy in a community with a low real estate tax rate.
Towns assess your home’s property tax contribution by first having the assessing department determine a value for your home and then... Continue Reading
Needham, a town bordered by three perennial high-volume million-dollar-selling communities (Newton, Wellesley and Dover) is about to become a town known for its own high volume of million-dollar sales.
In 2004, Needham recorded 50 million dollar... Continue Reading
If you are going to buy a single-family home in the most prized parts of Boston — the Back Bay, South End or Beacon Hill — then 83 percent of the time you are going to spend more than $1 million (MLS cumulative statistics, 2004-2009). But if you... Continue Reading
What does the highest-priced home sale in a community tell us about value in that community? Was the ultimate value the community could produce in any given year limited by the excellence of the best available property for sale? Or was the maximum... Continue Reading