Due to the state’s rich cultural heritage, Massachusetts also has a booming tourism economy. Some of the most reputable educational institutions in the world are in Massachusetts—like Harvard University. The state is among the most innovative and educated states in the US.

Cons of living in Massachusetts:

• Expensive everything: Literally. Education costs in this state are among the top 10 most expensive in the country (even though the quality is very high).
• Space (or lack of): Massachusetts is small, but it has a large population.
• Weather: We hear it’s cold up there.

Massachusetts Is The Second-Best State To Live In, According To New Ranking. BOSTON (CBS) — There’s no better state to live in than Massachusetts according to a new report. . . except New Jersey. WalletHub’s 2021 ranking of the “Best States To Live In” has Massachusetts at No.

Massachusetts is the third most expensive place to live in America, according to a CNBC Study. The Boston area is the driving force behind the Bay State’s high cost of living, where the median price for a home is 70 percent higher than the national figure.

Fall River had a median one-bedroom rent of $950, making it the least expensive city included in the ranking….Here’s the complete list, along with the monthly median rent for a one-bedroom:

• Haverhill ($1,520)
• Lowell ($1,500)
• Lawrence ($1,370)
• Brockton ($1,360)
• Worcester ($1,280)
• Fall River ($950)

The Boston region has some of the highest rents of any major metro area in America. There are multiple reasons for this. High barriers to entry in the sales market. The region’s sales market is also one of the most expensive in the nation.

According to the Insurance Research Council, Massachusetts drivers really are the worst. Massachusetts leads the nation in motor vehicle insurance claims. 2. Massachusetts has the second highest suicide rate in the nation, according to the National Center for Health Statistics.

The reason essentially why homes in Massachusetts are so expensive where I live is because legislators are allowing a form of price gouging to take place. In other words supply is low and demand is extremely high, and we have banks that love this market right now and are making a ton of money on pricing up property.

March through April is peak home buying season in Massachusetts. If you don’t mind moving in winter, however, any seller with a house on the market will likely accept a much lower offer.

Key takeaways of buying a house in Massachusetts

• Get your finances in order.
• Decide what neighborhood is right for you.
• Partner with the right real estate agent.
• Get pre-approved.
• Go house hunting.
• Make a strong offer.
• Prepare for inspections and appraisals.
• Do a final walkthrough and close.

Typically, the best time of year to buy a home is in the early fall. Families have already settled into new homes before the school year started. But the number of properties on the market is still relatively high compared to other times of the year, and sellers can be eager to sell.

How many times to look at a house before buying? Ideally, four to six viewings should be sufficient. Attending two to three visits inside, with a realtor and/or appraiser, and another two to three visits scouting the house and neighborhood independently, from the outside, may be a good approach.

Just like a new car, a new build house will depreciate in price the minute you turn the key in the door. Even in a rising property market you may not get your money back if you have to sell within a year or two.

1. New homes can be bad for your health : Despite the RIBA’s campaign, “A case for Space“, UK new homes today are the smallest in Europe. A new home is bad for your health and has been linked to depression, immune system suppression and diabetes type 2; as well as adversely affecting internal organs. 2.

Quality and Snags – New builds often get a bad press with stories of poor quality making the headlines. Even with the best new build home, you can still expect snags like doors getting stuck on new carpets or a loose tile.

Some of the key phrases and stages of construction of your new home are briefly explained here.

• Foundation. This is the beginning of the construction process.
• Superstructure.
• First Fix.
• Second Fix.
• Decoration.
• Finals.
• External Works.
• Familiarisation Visit.

Once the Second Fix is complete, your Central Vacuum unit can be hung and connected, and it is important to be doing this before any floor tiles are put down. The Mechanical Ventilation system can now be installed and tested for airflow rates and system balancing by a fully qualified BEAM engineer.

It can take roughly seven weeks from when an offer to buy is accepted until the exchange of contracts. And it can take another couple of weeks from exchange of contracts to legal completion. This stage can be easier if you’re buying a new home, as you don’t need to rely on a chain of buyers or sellers.