ePlace Real Estate NewsJanuary, 2016
Three Cities that Missed the Housing Crisis
At the start of the year, it's fun to take a long view on some of our housing data. All through the housing crisis, which officially began somewhere in 2006, people were asking, "How are things in Cambridge? Have you recovered yet?" Yet in Cambridge, values dipped only slightly, and then picked right up starting in 2008. A similar story is true for Somerville and Brookline. And in the past three years prices have skyrocketed. The take-away? if security and location are your #1 goal, then buy in an "A" market, such as the above. Interact with the detailed data here.