Is it a bargain or is that what one of those houses is really worth (maybe less?) Ive always lived around the North Shore and am very familiar with the history of the housing market in the area and can tell you that prices directly to the north of ... The big run-up in Boston real estate brought East Boston with it. But East Boston never stopped being a marginal neighborhood, for many reasons that aren't going away, including isolation, ghettoes, and crappy housing stock. ...