Boston Real Estate

Boston is capital city of the Commonwealth of the Massachusetts, United States of America. The largest City of Massachusetts is New England but still Boston is considered to be unofficial economic and the cultural center of New England region. Boston is the most populous city of Massachusetts with estimated population of over 590000 in 2006. The city lies in the center of the America’s 11th largest metropolitan area known as the Great Boston which has population of over 4.4 million people. Residences of Boston are popularly known as Bostonians. The density of Boston is about 12327 per square mile.

This city has expanded throughout peninsula and has become the most significant cultural cities of the United States and is now recognized as the Global City. There are many schools and colleges in and around Boston so has also become center of higher education. It is also a center of health care. It also has diversified economy which is based on research, finance and even includes technology – principally in biotechnology. This city has highest cost of living in the United States of America. Boston is compact with total area of 89.6 square miles of which 40% is covered with water.

Boston is bordered by cities and the towns of the Winthrop, Chelsea, Somerville, Watertown, Brookline, Dedham, Milton, Everett, Cambridge, Newton, Needham, Canton and Quincy.

Boston experiences continental climate with distinct maritime influence due to Atlantic Ocean. Sometimes spring in Boston is hot. This city receives an average of 108cm of rainfall per year. It also receives a considerable amount of snowfall of 108 cm a year.

Boston has a very strong economy which has a major impact due to colleges and universities. There are many high tech industries which draw major employers from the city and surrounding region which includes computer hardware, biotechnology companies like Pharmaceuticals, Millipore, Biogen Idec., Millennium, Merch % co. and Genzyme, and even software companies. In 2003 only Boston’s universities and colleges had contributed $4.8 billion to city’s economy. Boston is the highest receiver of the funds from the National Institute of health in comparison to all the cities in the United States of America. Tourism also contributes a lot in the economy as in 2004 alone tourists spent around $7.9 billion. It is also the regional headquarters of the major banks like Sovereign Bank and Bank of America.

This city is also famous for its sports clubs like Boston Red Sox for Baseball, New England Patriots for football, Boston Celtics for Basketball, Boston Bruins for Hockey, New England Revolution for Soccer, Boston Cannons for Lacrosse (outdoor) etc.

City has very good transportation system like Logan International Airport which is located in East Boston. The other aviation relievers are Beverly Municipal Airport on the North, Norwood Memorial Airport on the south and Hanscom/Bedford Field on the west.

In Boston a medium house around $190000 which may vary from where you are standing and its cost has risen by 10% in just one year and the sales have gone up by 10%.