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Market Snapshot
Things to Do in Boston
Boston is one of the oldest cities in the U.S., the most populous city in New England, and the economic and cultural anchor of Greater Boston. As such, it provides ideal conditions for enjoying life through its numerous urban amenities as well as establishing yourself financially. Broaden your horizon at the John F. Kennedy Presidential Museum & Library, the Boston Tea Party Ships & Museum, the USS Constitution Museum, the Museum of Science, and the Mapparium. To breathe some fresh air and enjoy the outdoors, you can rent a Swan Boat, admire flowers and plants at the Boston Public Garden and the Arnold Arboretum, or organize a day-trip with the family to George’s Island or the Spectacle Island.
Boston Industries
The city is among the top 30 most economically powerful cities in the world with its colleges and universities exerting significant impact on the regional economy and providing various job opportunities. It is widely considered to be the world's leading biotech cluster, with over 1,000 biotech companies located in the Greater Boston area. Tourism and financial services, including mutual funds and insurance, further contribute to the stability of its market power. A rewarding career path awaits you at major employers like Massachusetts General Hospital, Fidelity Investments, Boston University, BankBoston and Liberty Mutual.
Top Boston School Districts
118 schools, comprised within the Boston Public Schools school district, cater to your kids’ education. The school district ranks among the top three best school districts in Suffolk County. Bask in everything the city has to offer.
Boston Housing Market Conditions
Boston's housing market has been adjusting to the upward trend in mortgage rates and seems to be stabilizing. Yet, housing demand has slowed, and home prices have fallen. The Boston housing market is expected to experience a drop in supply as builders exercise caution in the current environment. Like in other housing markets, which are affected by current mortgage rates and lending issues, there has been an uptick in cancellations on new home construction.
Home sales are expected to decline only slightly in 2023, and home prices remain out of reach for many in the region. Affordable housing in and around the Boston Metro area is continually becoming more difficult to find. Some good news for Boston's economic and housing market outlook is that, although unemployment rates skyrocketed during the pandemic, they are now back to pre-pandemic levels, and the city's economic outlook is bright. That is good news for anyone who may be ready to invest in one of the many new homes for sale in Boston.
There are a variety of new home communities in Boston. Choose the more urban lifestyle or live south of the city in more suburban options. Amenities and open concept floor plans will allow you to live the life you crave. Sprawling single family homes on larger lots to low maintenance active adult townhomes, discover the features that appeal to you. Stainless steel appliances, abundant windows, architectural details and pampering spaces are all part of the perks of buying in this area. Check out the new home communities ready to have you become the next happy resident you up for a beautiful life in New England. Find the perfect fit for your needs close to entertainment, culture and services.