Revere Named a Top Spot to Live by the Boston Globe Magazine
May 6, 2013
Greater Boston’s top spots to live
By Elizabeth Gehrman
Median single-family home price in 2012 $232,000
Change since 2011 +9.59%
Population 52,459
Residential tax rate $15.56
“Revere didn’t always have a positive image,” says John Festa, the city’s director of economic development. “That’s all changing now.” Maureen Celata, owner of M. Celata Real Estate in Revere, points to the panoramic ocean views along Revere Beach — which helped push the median condo price up 19 percent over 2011’s — and the bedroom community of West Revere as among the city’s draws, along with the quick commute to downtown Boston and Revere’s diverse population, which today features many Bosnians, Brazilians, Colombians, Dominicans, Irish, Italians, Russians, and Somalis. A $2 million plan to bring in new restaurants and retail envisions the downtown area having “more of a Melrose feel” in the near future, says Festa. “People are seeing possibilities. It’s going to be quite a place to live in the next 10 years.”
