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Boston Mortgage Quotes And Real Estate


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Boston Mortgage and Real Estate Facts

Overview

In Boston there are 239,528 individual units of housing (the total of apartments, houses, and condos). As of 2000, the share of housing units in the city that were owner-occupied was 32%.

Boston Mortgage

In Boston, 70% of housing units (exluding rentals) have a mortgage. About 15% of houses and condos in the city have a home equity loan or second mortgage.

Mortgage and interest rate quotes for the Boston area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Boston Mortgage Statistics

CategoryValue
Homes With No Mortgage30%
With A Mortgage70%
First Mortgage Only55%
Second Mortgage or Home Equity Loan15%
Second Mortgage Only7%
Home Equity Loan Only8%

Boston Housing Expenses

CategoryValue
Owner Costs as % of Income19.7%
Median Real Estate Taxes (2000)$1,557

Boston Household Size

CategoryValue
Total Occupied239,528
1-Person Households37%
2-Person Households30%
3-Person Households14%
4-Person Households10%
5-Person Households5%
6-Person Households2%
7+-Person Households2%

Boston Housing Stock

CategoryValue
Median Year Built1939
Median Year Built (Owner Occupied)1939
Median Year Built (Renter Occupied)1944

Boston Home Heating

CategoryValue
Using Utility Co. Gas Heat53%
Using Bottled/Tank Gas Heat2%
Using Electric Heat11%
Using Oil Heat33%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Boston Housing Size

CategoryValue
No Bedrooms1%
1 Bedroom13%
2 Bedrooms31%
3 Bedrooms32%
4 Bedrooms13%
5+ Bedrooms10%

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