BostonForeclosure Listings

BOSTON, SUFFOLK, MA

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Boston Real Estate Facts and Amenities

In August 2013, it was noted in Boston, Massachusetts that there was an improving real estate market. Between March through June 2013, there were less than 300 foreclosure petitions filed per month. Last year, there were an average of 1,700 foreclosure petitions filed. Surprisingly, Boston also has less foreclosed units, on average, than its surrounding areas, particularly those that are high-income. In Boston, there are 5.2 foreclosed houses for every 1,000 properties.

Boston is the capital of the entire state of Massachusetts and has a population of 4.5 million people. Boston was where many famous historical events occurred, like the Boston Tea Party and the Boston Massacre. Economically, it is considered to be quite powerful and is among one of the top 30 most economically successful cities in the world. It is also home to many famous universities, such as Harvard.

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Boston Demographics and Housing Info

Boston's population is nowadays, according to the Census data, 397,773 people. The region is divided, in terms of racial composition as: 44.98% whites, 13.86% Hispanic, followed by 25.20% blacks, 7.60% Asians, 0.40% Indians and 7.96% other races. According to last Census, the median age of people in the city is 18 years.

In Boston, there are 3,608 households per zipcode. In Boston, the average value of a home is $160,714. Boston has the record of 1 people per household. The city has an average income of $22,226 in relation to household.

14,098. This is the recent number of places to work in Boston. By this number of business places, Census report counts that 470,413 employees are working. The city has an annual payroll of $775,128.

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