Boston union parkMassachusetts is a state overflowing with history and yet oddly modern. Massachusetts real estate prices are very pricey.

Massachusetts

Luxurious condoIn 1959 Boston authorities made a tough decision when figuring out what to do with the overflow of traffic moving to, from, and through the city. Their solution was to erect a 6 lane elevated superhighway, one that would slice the city in half. The Central Artery, as it was called, displaced 20,000 residents from their homes, and severed Boston's Waterfront and the North End from the rest of the city.

2007 has been an interesting year for Boston Condos. The murmur heard on the street is that there is a tremendous amount of inventory on the market, the market is beginning to favor the Buyer more than the Seller, and the Boston real estate market is in a slump. It's easy to follow what you hear, rather than digging into the statistics to find out what is really going on. So let's dig into the statistics by analyzing the first quarter (Q1) of both 2006 and 2007 to see what nuggets of information we can find.

Before we look at the numbers, the assumptions that we are working with here are:

BostonNew England may offer a colder climate and fewer opportunities for sunshine than the country's more vacation-friendly West Coast, but this north-eastern region remains a popular destination for tourists in the United States. Consisting of the states of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont, New England - one of America's most historical locations - boasts a busy produce industry that counts seafood, potatoes and maple syrup among its main exports.

Charles Dickens may have stopped in Boston to indulge in their great cuisine and old-world charm, but today you can retire to Boston and be filled with a cornucopia of art, music, and time-honored institutions; from the Boston Pops to Harvard College to the Boston Center for the Arts.

Besides its obvious amenities, Boston offers retirees an opportunity to participate in its culture, shopping, and a myriad of events you can become involved in on a weekly basis. Perhaps you can find a place where “everyone knows your name.”