Real Estate
Seekonk, Swansea Among Best Places To Buy A Home In MA: Study
Website LendEDU examined home income, home value and expected population and income growth.
SEEKONK-SWANSEA, MA – There's no better time than now to buy a home in Seekonk, according to a study from website LendEDU. The site named Seekonk 19th on its list of "Best 100 Places to Buy a Home in Massachusetts." Swansea also made the cut, coming in at No. 61.
LendEDU based its list off of three parameters – home income to home value ratio, five-year population forecast and five-year income forecast. The measurements were selected because they can influence a homebuyer's investment. If a community is anticipating growth in both population and income, then the return on a buyer's investment will increase over time.
Home income to home value and five-year population forecast were measured on a 40-point scale; five-year income forecast was listed out of 20.
Find out what's happening in Seekonk-Swanseafor free with the latest updates from Patch.
Here's a look at Seekonk's scores:
Value: 23.68
Find out what's happening in Seekonk-Swanseafor free with the latest updates from Patch.
Population: 33.92
Income: 17.44
Total: 75.04
And here's how the site rated Swansea:
Value: 33.92
Population: 16.04
Income: 15.50
Total: 65.46
>>>Click here for the full list of "Best 100 Places to Buy a Home in Massachusetts"
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