What does $500,000 buy in other U.S. markets?

A recent article on Business Week’s Website indicates that New York, San Francisco and Boston have sustained their home values through these challenging economic times. The rest of the nation is facing drops in real estate values.

The article also offered insight into what $500,000 can buy in different home markets around the country. Our city was represented by a property on Commonwealth Avenue, marketed by Julie Harrison of Gibson Sotheby’s International Realty. This lovely home can be viewed as an MLS listing.

Source: BusinessWeek.com and MLSpin