Sunday, February 01, 2009
The Boston Globe ran an article about real estate in Massachusetts and the effect that the current downturn has had on propert values. The article didn't say where the data came from (probably the Bankers and Trademen newspaper), but it discussed how property has become more affordable. Interesting reading. Of note, there was a map included that graphically showed 2008's depreciation/appreciation, by town. The Outer Cape did VERY well. I cut out a section of the map as a teaser. You'll need to go to the article to see the whole map, and the key.