This is the time of year when everyone gets out their “crystal ball” and tries to predict what what will happen in the Boston condo market. One of my my co-workers wrote an article entitled “Where will Boston Home Prices Go in 2019?, in his article he has several real estate professionals address this exact issue. Most experts believe that there will be positive growth, but have trouble agreeing on the actual % of growth. Demand for Boston downtown real estate along with sill reasonable interest rates will most likely result in modest (5% to 10%) equity growth in the Boston Midtown Real Estate market. Keep an eye on interest rates in 2019. All agree that they will continue to go up, but how high will be the question. Higher interest rates will protect the national economy against inflation, but will have an affect on the affordability for the Boston condo buyer. Right now the inventory levels for Beacon Hill Real Estate appear low. As equity rises, will there be more sellers willing to put their homes on the market? Also, will new construction be able to add enough new properties to make an impact on this years sales?
Author Profile
- EXPERIENCE
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.
HISTORY
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.
AREAS COVERED
Back Bay
Beacon Hill
Charles River Park
Downtown/Midtown
North End
South End
Seaport District
South Boston
Waterfront
Brookline
Surrounding Communities of Boston
Contact
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.
John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114
