Brookline Housing Prices Plummet By 50%! (Just Kidding)
A Warren Group report on prices of single-family homes and condos set the internet a-buzz. The debate rages on among those who think we’re headed for a severe rock-your-socks crash versus those who think the current downturn is a mere blip on the housing screen.
Let’s face it, we all need a place to live. As long as buyers like their homes, don’t mind the neighborhood, and don’t overextend their budgets, they’ll probably be ok. Even those who bought in the last couple of years will be fine, provided they can afford it. The last housing downfall in the early 90’s burned me, but I lived to tell about it. I just wrote a check at closing, figuring that’s what I would have spent renting all those years.
According to the Warren Report data, Brookline experienced surprising price increases: up about 6.5 percent for condos and 13 percent for houses over the first quarter of last year. Brookline’s fundamentals are sound: good public schools, good city services, convenient public transportation, and an easily accessible downtown shopping district.
Let’s look at Brookline Village. Residents can pop into a bookstore, visit an art gallery, eat Tibetan food, and copy a key, all without using a car. While everybody’s property value plummet, people in Brookline get to enjoying life.
Here are a few properties on the market in Brookline Village, just a short walk from the T, good restaurants (go Village Smokehouse!) and the Brookline Town Hall.
18 Davis Ave, #3, $349K
BEDS:1/BATHS:1
SQ FT: 750
13 Linden Street, #3, $379K
BEDS:2/BATHS:1
SQ FT: 967
26 Linden Street, #1, $499K
BEDS:2/BATHS:2
SQ FT: 1226
33 Aspinwall Ave, #4, $439K
BEDS:2/BATHS:2
SQ FT: 1091
33 Aspinwall Ave, #1, $499K
BEDS:4/BATHS:3
SQ FT: 1576
6 St. Paul Street, #6, $849K
BEDS:2/BATHS:2.5
SQ FT: 1539
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