Central Mass., home of the housing bust
Towns like Athol, Orange reel; no recovery in sight
ATHOL - How far have home values dropped in this Central Massachusetts town? The answer sounds like the punch line to a joke, but no one is laughing: They’ve eroded so much that you can buy a house for about the cost of a Toyota Camry. “If [prices]go much lower they will be giving them away,’’ said Matt Tarlin, an investor from Needham who has bought three homes in Athol and nearby Orange for as low as $20,000.