Boston Real Estate for Sale

The New York Times has a story out about how housing costs less, as a percentage of income, than it did 20 years ago.

Nationwide, a family earning the median income – the exact middle of all incomes – would have to spend 22 percent of its pretax pay this year on mortgage payments to buy the median-priced house, according to an analysis by Moody’s Economy.com, a research company.


The share has increased since 1998, when it hit a low of 17 percent before house prices began rising sharply in many places. Although the overall level has reached its highest point since 1989, it remains well below the levels of the early 1980’s, when it topped 30 percent ….

… Even in New England, where the soaring prices of the last decades have frustrated many young families, house values have still not reached the heights of the early 1980’s, when calculated as a share of income.

How is this possible??!!

Because of low mortgage loan rates and higher incomes.

Remember, home ownership is at its highest point, ever, increasing to over 70 percent of households, currently.  (The Times says 69%, but I’ve heard higher.)

Complete article: Twenty Years Later, Buying a House Is Less of a Bite – By David Leonhardt and Motoko Rich, The New York Times

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Newest Beacon Hill Condos for Sale

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5 Results
1
Beds
1
Baths
473
SqFt
 
 
#73091020 | Condo
 
1
Beds
1
Baths
360
SqFt
 
 
#73214004 | Condo
 
1
Beds
1
Baths
430
SqFt
 
 
#73195411 | Condo
 
1
Beds
1
Baths
387
SqFt
 
 
#73209753 | Condo
 
1
Beds
1
Baths
771
SqFt
 
 
#73206603 | Condo
 
© 2024 MLS Property Information Network, Inc. (MLSPIN). All rights reserved.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, noncommercial use of consumers having a good faith interest in purchasing, leasing, or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS PIN data last updated at March 27, 2024 11:35 PM ET

All Beacon Hill Condos for Sale

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30 Results
1
Beds
1
Baths
473
SqFt
 
 
#73091020 | Condo
 
1
Beds
1
Baths
360
SqFt
 
 
#73214004 | Condo
 
1
Beds
1
Baths
387
SqFt
 
 
#73209753 | Condo
 
1
Beds
1
Baths
430
SqFt
 
 
#73195411 | Condo
 
1
Beds
1
Baths
771
SqFt
 
 
#73206603 | Condo
 
1
Beds
1
Baths
850
SqFt
 
 
#73195624 | Condo
 
2
Beds
1
Baths
920
SqFt
 
 
#73215514 | Condo
 
2
Beds
2
Baths
950
SqFt
 
 
#73204765 | Condo
 
2
Beds
2
Baths
1,350
SqFt
 
 
#73204680 | Condo
 
2
Beds
2
Baths
1,100
SqFt
 
 
#73211632 | Condo
 
2
Beds
2
Baths
1,385
SqFt
(27)
 
 
#73209113 | Condo
 
1
Beds
1 | 1
Baths
1,187
SqFt
 
 
#73173094 | Condo
 
3
Beds
2
Baths
1,262
SqFt
 
 
#73205757 | Condo
 
3
Beds
2 | 1
Baths
1,500
SqFt
 
 
#73206308 | Condo
 
2
Beds
2
Baths
1,428
SqFt
 
 
#73168992 | Condo
 
2
Beds
2 | 1
Baths
1,940
SqFt
 
 
#73206075 | Condo
 
3
Beds
3 | 1
Baths
2,541
SqFt
 
 
#73170961 | Condo
 
3
Beds
3
Baths
2,310
SqFt
 
 
#73213452 | Condo
 
4
Beds
2 | 1
Baths
2,196
SqFt
Open House: Mar 30, 2024 11:30 AM - 1:00 PM
 
#73217005 | Condo
 
2
Beds
2
Baths
1,468
SqFt
 
 
#73177145 | Condo
 
3
Beds
2
Baths
2,100
SqFt
 
 
#73199873 | Condo
 
3
Beds
2 | 1
Baths
2,172
SqFt
(40)
 
 
#73184898 | Condo
 
3
Beds
2 | 1
Baths
2,542
SqFt
 
 
#73173096 | Condo
 
3
Beds
3 | 1
Baths
3,096
SqFt
 
 
#73208531 | Condo
 
© 2024 MLS Property Information Network, Inc. (MLSPIN). All rights reserved.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, noncommercial use of consumers having a good faith interest in purchasing, leasing, or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS PIN data last updated at March 27, 2024 11:35 PM ET

Charles River Park Condos for sale

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West End rentals
6 Results
1
Beds
1
Baths
826
SqFt
 
 
#73214629 | Rental
 
0
Beds
1
Baths
637
SqFt
(36)
 
 
#73207694 | Rental
 
2
Beds
2
Baths
1,205
SqFt
(42)
 
 
#73179971 | Rental
 
2
Beds
2
Baths
1,168
SqFt
 
 
#73105413 | Rental
 
2
Beds
2
Baths
1,244
SqFt
 
 
#73209928 | Rental
 
2
Beds
2
Baths
1,280
SqFt
 
 
#73195678 | Rental
 
© 2024 MLS Property Information Network, Inc. (MLSPIN). All rights reserved.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, noncommercial use of consumers having a good faith interest in purchasing, leasing, or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS PIN data last updated at March 27, 2024 11:35 PM ET

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