Boston Area real estate news is a varied as the towns surrounding Boston. Newton is not Dedham, is not Lexington, is not Cambridge, is not Brookline. In fact Chestnut Hill is not Chestnut Hill as it spans Boston, Brookline and Newton. Boston area real estate can be confusing for an outsider. Individual town tax rates bear little resemblance to the purchase prices or the tax assessments of the towns. Why would one town with a great school system and smoothly running town government have a lower tax rate than another town with mediocre schools and bad infrastructure, why? Why can you buy more house in one town for your money than another? There are multiple correct answers to these questions, but you need to be speaking with someone with intimate knowledge of the towns and their inner working and structure.
You may never understand this if you are reading the local papers. The writers, some of them good, will always be looking on the outside in. They will always be listening to people who may have a personal agenda for themselves or their agency when talking to you. I acknowledge that this could also be true of any agent. They are mostly likely to tell you what they want you to know rather than what you should know.
An agent who is a professional Realtor® is held to a higher standard. Not all agents are created equal, it is just like high school, there are A students and there are C students. As a buyer or seller you need to understand who you are talking to. You need to test their knowledge with good questions. A great agent will always know who is going to buy your house if you are a seller. A great agent will always know what the best tactic for a buyer to take to secure the house they want. All the rest just follow along and hope. Make sure you are working with a professional Realtor®, one who will tell you what you need to know as much as what you want to know. This is today’s Boston Area real estate news.