Infographic: A portrait of a Boston homeowner on the move
By Hometap Team on March 26, 2019With attractive home values and appealing neighborhood benefits like walkability and access to entertainment, Boston residents have a lot to be thankful for.
However, Boston has also had notoriously high housing costs for years, and home values are skyrocketing even further. It’s making Greater Boston-area homeowners house rich and cash poor, with the majority of their wealth net worth tied up in their homes.
Read through our infographic to understand the portrait of a Boston-Area homeowner on the move, and the factors leading some Suffolk-county homeowners to seek properties outside of the state.
House Rich, Cash Poor: A Tale of Boston Homeowners
Boston has had notoriously high housing costs for years and home values are skyrocketing even further. It’s making Greater Boston-area homeowners house rich and cash poor. But what does that mean? Read more to find out.
Bigger Houses, More Property: Suffolk County Residents Look to Upgrade
With attractive home values and appealing neighborhood benefits like walkability and access to entertainment, Boston residents have a lot to be thankful for. It may sound out of the ordinary, then, for Suffolk County homeowners to leave a good thing behind. See why 40% of Suffolk County residents plan to move in the next five years.
Check out this infographic to understand who is buying properties in Boston.
You should know
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