Apocalypse Watch: Day 2
If there’s a positive spin to put on today’s 500-point Wall Street plummet, it’s that the market didn’t get much lower than the lowest point yesterday. The bad news is that everyone from Ben Bernanke to whoever it is than answers polls on the TheStreet.com think things are only getting worse.
The good news, Boston, is that you don’t live on foreclosure alley. You don’t need either candidate’s economic plan to prop up your home values and preserve your retirement. Yes, there have been a few price drops (a few from Back Bay are listed below), but across the board, homes prices aren’t falling anywhere near as fast as the economy as a whole.
306 Commonwealth Ave #4
Back Bay, MA 02115
2 beds, 1 bath
880 sq. ft.
Original Price: $719,000
Reduced Price: $679,000
280 Commonwealth Ave #206
Back Bay, MA 02116
1 beds, 1 bath
612 sq. f.t
Original Price: $580,000
Reduced Price: $480,000
286 Beacon St #5
Back Bay, MA 02116
Price:
1 bed, 1 bath
1,067 sq. ft.
Original Price: $729,000
Reduced Price: $679,000
Has the Crash Ended the Renter’s Dilemma?
Image: Flicker user brentdanley, under cc-by-nc-sa-2.0
