IS TECH DRIVING THE HOTTEST MARKETS IN 2015?

By
Real Estate Broker/Owner with TradeWinds Realty Group LLC 9054213B

 

                      IS THE TECH SCENE DRIVING HOUSING?

 

                                                  Well is certainly does appear that way!

 

In 2015 the Most Competitive Neighborhoods for buying homes appear to be the hottest tech scenes too according to  the Redfin Report released recently.

 

 

 

Proud to say many in the top 10 most competitive markets are in the Boston Massachusetts area!  It is certainly a hot marketplace here!

1.   Inman Square

3.   Brighton/Allston

6.   Spring Hill, Somerville

10. Cambridgeport

 

 

 

These healthy housing neighborhood stats are based upon:

 

1.  9 out of the top 10 sold in less than 8 days!

2.  28 of the top 30 sold for more than full price!

3.  And another interesting detail to note is that the majority had at least 1/3 cash sales!

 

 

 

So interesting that the majority of the top 30 Neighborhoods were in:

Boston, Massachusetts

Portland, Oregon

San Francisco, California

Seattle, Washington

How is your tech savy neighborhood doing?

 

Posted by

MaryBeth Mills Muldowney, Massachusetts Real Estate Broker and Licensed Auctioneer

"The pessimist complains about the wind. The optimist expects it to change.

The Leader adjusts the sails." -John Maxwell

Founder and President, TradeWinds Realty Group LLC

www.TradeWindsRealtyGroup.com

MaryBeth@TradeWindsRealtyGroup.com

follow me on Twitter @HollywoodEast

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781-681-9959 Norwell office   508-746-5559 Plymouth office   781-910-7294 cellular

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Rainmaker
1,307,342
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Very interesting article.  Makes sense from what I've heard about those markets being hard to get into.

Jan 08, 2016 08:24 AM #1
Rainmaker
254,785
MaryBeth Mills Muldowney
TradeWinds Realty Group LLC - Braintree, MA
Massachusetts Broker Owner

Ryan Huggins - yes very competitive with multiple offers and over asking!  Happy New Year!

Jan 08, 2016 09:37 AM #2
Rainmaker
536,932
Mark Don McInnes, Sandpoint
Sandpoint, ID
North Idaho Real Estate - 208-255.6227

Not familiar with the specifics of Boston Market.  Not really too surprised about San Fran or Seattle.  Mark

Jan 08, 2016 12:49 PM #3
Rainmaker
254,785
MaryBeth Mills Muldowney
TradeWinds Realty Group LLC - Braintree, MA
Massachusetts Broker Owner

Mark Don McInnes we have a large innovation area in the Cambridge Somerville Boston area which is driving creative minds, many of a tech background, to move or stay in the Massachusetts area.  It certainly is a good thing if we can keep this talent here!

Jan 09, 2016 11:07 AM #4
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Rainmaker
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MaryBeth Mills Muldowney

Massachusetts Broker Owner
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