A little more than a week ago, I was walking in Downtown Boston behind an overconfident basketball fan of the visiting team at TD Garden. They pointed to a downtown high rise condo building and commented on how Boston is entering a struggling real estate market. These sellers would probably take ANY offer, one of them said. Im going to wait until the end of the year when people are really desperate. No one is buying anything here right now.
This might be the best example of deductive reasoning I have seen in a long time. While many areas of the nation are facing a housing slowdown that CNN and the Today Show readily report on, it doesn’t necessarily mean that all areas of the nation are in crisis, especially Boston.
Buyers are out there in the downtown Boston and they are buying! The 2018 sales data found in the paragraphs below supports this notion and suggests that there are not as many fence-sitters timing the market as the occasional downtown visitor may think.
|Lowest Price: $499,999||Median Price: $1,395,000|
|Highest Price: $10,200,000||Average Price: $1,672,815|
|Total Market Volume: $185,682,498|
Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs
In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.
For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.
Charles River Park
Surrounding Communities of Boston
John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.
Ford Realty Inc
137 Charles Street
Boston, Ma 02114
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