Saturday, March 7, 2009
Hopkinton Makes Boston Magazine Best Places To Live 2009
Hopkinton Massachusetts has won the coveted award from Boston Magazine as one of the best places to live in 2009. According Boston Magazine's article Hopkinton was grouped into the "The Teflon Ten" which is the ten towns that are perceived according to statistical analysis to be primed for take off once the market starts making it's way back up again. These ten towns supposedly have not dropped in value like other towns have.
Having been a resident for 42 years and a Realtor for 23 I can vouch for the fact that Hopkinton is a terrific place to live and work. Hopkinton should be one of the towns that has a better than average appreciation rate when the Real Estate market does finally turn around. I do take exception to the statistics in the article though. I do not think they are accurate. According to the article Real Estate values since the peak in 2005 are only down -.40%.
I can tell you for certainty that market values have dropped in Hopkinton by more than around 1%. To read the full article see Boston Magazine names Hopkinton One of Best Places To Live.