Danvers is a great city to live in, but as with any location, there are pros and cons to consider when purchasing real estate.

Pros:
1. Danvers has a strong sense of community, with numerous parks, community events, and festivals throughout the year.

2. The city is home to a number of top-rated schools, making it an attractive location for families with children.

3. There is easy access to major highways, making it easy to get to other parts of Massachusetts, including Boston.

4. Danvers has a booming economy, with a thriving business community that includes companies like Osram Sylvania, Abiomed, and GCP Applied Technologies.

5. The city has a rich history, with numerous landmarks and historical sites to explore.

Cons:
1. The cost of living is higher than the national average, making it more expensive to purchase real estate.

2. The city experiences harsh winter weather, which may not be ideal for everyone.

3. Traffic can be heavy during peak times, which can be frustrating for commuters.

4. The crime rate in Danvers is slightly higher than the national average, although the city is still considered safe compared to other cities in Massachusetts.

5. The real estate market in Danvers is highly competitive, which may make it difficult to find a suitable property in your price range.

Overall, Danvers is a great place to live, but it's important to carefully consider your specific needs and budget before purchasing real estate in the city.