8.19.2005

Waltham vs. Newton home prices

An article in today's News-Tribune discusses rising home prices in Waltham. It confirms what we all know -- homes are becoming out of reach for many young couples and families. But it also notes that people who have higher incomes still regard Waltham prices as a bargain, compared to Newton, where median home prices are twice as much.

Another interesting finding is that there is a trend of people who grew up in Newton but can't afford to live there anymore, and end up settling in Waltham.

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