What Communities Are Worth Buying In?

The Boston Herald put together a special section April 4, 2008 on the Spring real estate market, including an article about places "worth spring-ing for."

Reporter Paul Restuccia did a great job. I spoke with Paul a couple of days ago  about the real estate market north of Boston.

Paul spoke with several buyer agents and buyer brokers to find out the places where potential home buyers could get a deal. I recommended Tewksbury, MA and Haverhill, MA.

"Broker Richard Rosa of Buyers Brokers Only likes Haverhill and Tewksbury this spring.

"He said Tewksbury’s median house prices have fallen 13.5 percent since 2005 to reach a modest $328,500. 'You can get a decent-sized house for a decent price in Tewksbury, and it’s an easy commute for those working in the Route 93-128 corridor,' Rosa said.

"As for Haverhill, median house prices there have fallen some 9 percent since 2005 to about $300,000.

"Add in a revitalized downtown and Haverhill offers 'both the city and the suburb,' Rosa said."

I also suggested a good deal.

"Unit 8, 48 Farrwood Drive, Haverhill. This two-bedroom, 2,100-square-foot condo costs $249,900, or just $119 a square foot. The unit offers two deeded parking spots, a new roof, a new heating system and new windows."

Other buyer agents/brokers suggested (Metro West) Needham, Natick (south of Boston), Plymouth and Norwell. In Boston Proper, Brighton and the Savin Hill section of Dorchester were suggested for condos, and Hyde Park's Fairmont Hill section for single-family homes.

Read The Boston Herald Article