Once upon a time, the stereotypical dream home was that freestanding single-family dwelling with the white picket fence. These days—not so much. The median price of condos in Massachusetts is now only $20,000 less than the median price of a single family home. There are a number of reasons for this shift in housing preferences, including:
- Location, location, location. The prices of downtown Boston condos are on fire, because people appreciate the convenience of walking to work, public transportation, and abundant entertainment options. A significant portion of this action is because baby boomers are selling their homes in the burbs, now that the kids are grown, and moving back to where the action is.
- Low maintenance. Those baby boomers are also