“Moody’s Investor Services said the Town of Wayland remains on solid financial footing.” It is comforting to read this in the article Wayland's $100m development on track, eyed as revenue boost from Boston Business Journal today. Even though the current real estate market has required adjustments to the original plans for the Wayland Commons town center it still is moving forward.
The strong bond rating from Moody’s also helps confirm that Wayland Massachusetts is a town worth the real estate investment. It is important to see stability in towns and communities when considering purchasing a home. Another factor that does impact the value of real estate in a given town is the school system. Wayland’s is strong.
In fact, the average value of a single family residence has increased by 7.6% in Wayland. That is an increase in value from $585,245 in 2009 to $629,815 in 2010 for the average sale price of the home sold. (source MLSPIN). We also noted an increase of the number of homes sold from 128 to 133.
The facts are certainly encouraging and we remain confident in Wayland Massachusetts real estate market. We will continue to keep our eyes on the market and track the activity.
~ See you soon.
Dwell360 is a residential real estate firm that currently is marketing a luxury townhome in the town of Wayland Massachusetts. The property located within the Willow Brook community is set among the trees for a tranquil and peaceful setting. 104 Willow Brook Drive, Wayland, MA 01178 mls#71132504