Cambridge is one of the ‘best places to live’
March 11, 2009 by Elad Bushari · Leave a Comment
Cambridge – Boston magazine recently named Cambridge one of the “Best Places to Live” as a “Place the Plunge Forgot.” The list features 29 of Eastern Massachusetts best neighborhoods and towns based on how home values are holding up.
Boston magazine wrote, “Simple economics explains Cambridge’s scorching single-family sales and cooler (yet still respectable) condo market. “It comes down to pent-up demand for the relatively limited supply of single-family homes,” says Arthur Horiatis of Tory Row Real Estate. “We’ve had a lot more condos come on the market from new construction and conversions.” East Cambridge, where a two-bedroom unit goes for roughly $350,000 to $450,000, has replaced Cambridge-port as the top destination for value-minded shoppers.”
In its March 2009 issue, Boston magazine searched the Eastern Massachusetts area for its annual “Best Places to Live.” This year’s Best Places list focuses on how well a town’s home values are holding up. Boston magazine examined media single-family home and condo prices from 2005 – 2008, as well as average number of days on the market, number of foreclosure petitions and deeds and, in select communities, percentage of homeowners who owe more than their house is worth.
the Broker of Bushari Group Real Estate, a boutique luxury real estate firm specializing in the metro Boston area, Cambridge and Brookline. Elad believes in superb customer service and strives to exceed expectations at every opportunity. Elad was one of the top 30 brokers in the nation under 30 years old (Realtor Magazine, June 2009) and one of the top 25 Real Estate Agents in the metro Boston area in 2008 (according to MLS PIN). In his free time, Elad enjoys snowboarding, scuba diving and is an avid world traveler. Elad can be reached at (617) 529-7079.
