When approaching a seller’s market such as downtown Boston, you should be prepared to face some complexities. It’s always better to evaluate strategies and follow the most appropriate one. With this in mind, here are some tips for those interested in condos or high rise penthouses for sale in downtown Boston.

Hunt for a Home During the Right Season

Boston Beacon Hill condo prices and sales activity rise and fall according to supply and demand, but they are also sensitive to seasonal factors. The summer months are often the busiest because families take advantage of school vacation to look for homes. At a national level, housing inventory starts rising in the fall. Furthermore, sellers who keep their listings on the market during the holidays tend to be more motivated.

Start with a Mortgage Preapproval

When the Boston condo market heats up in favor of sellers, bidding wars become the norm, and this is when mortgage preapproval documents come in handy. For example, prospective buyers who bid on Midtown/downtown Boston condos without evidence of assets or potential funding are placed at the bottom of the bidding totem pole. A mortgage preapproval also helps buyers set smart financial goals, such as looking for properties priced below their means. Let’s say a single professional is interested in the Boston Downtown condos.

Choose the Right Professionals

It’s easier to prevail in the real estate market when real estate agents and mortgage loan officers can relate to their clients. For example, when homebuyers intend to apply for VA loans, they tend to look for mortgage brokers who are veterans themselves.

It can be easy for anyone to get overwhelmed when they’re choosing a Boston condo from all the options available in downtown Boston real estate. If you follow the suggestions mentioned above, you’ll have a great start on your home-buying strategy. The experienced professionals at Ford Realty can guide you through the process of buying your perfect dream home. Call one of our friendly agents today at 617-720-5454 and set up an appointment to discuss all your home-buying needs

Boston Condos for Sale

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Author Profile

John Ford
John Ford
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

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