What happens when Boston condo inventory exceeds buyer demand?
I’m sure you know. The big question here is, when will this happen Boston condo market? To answer that question we need to understand that Boston luxury condos are the canary birds of the housing market. This means they are the first to fall when the market softens.
Should I buy a Boston Condo for sale?
Yes, because it could be a great investment Buying a Boston condo or Boston high rise condo when the market is soft can yield the highest possible returns when the real estate market is hot again. There was a time, not long ago, when you could not buy a condo in the Boston Seaport District, literally zero inventory. That time will come again and those condo sellers will be incredibly happy. Hey, and if you’re considering picking up an investment property in the Boston Seaport to rent out (a fantastic plan by the way) what is more worry-free then a Boston condo near the water? The condo assocation and neighbors in close proximity will naturally keep an eye on the unit and a lot of the required maintenance is already done for you. Of course, you have to buy smart.
Does it make Financial sense
Yes, because it is so much better for you financially than renting and can still provide you with a worry-free, low maintence lifestyle. . According to Zillow’s rent vs. buy calculator (and many others) a typical person will find owning to be financially cheaper than renting three years after purchasing a property.
Can I have a Green Life Style
Yes, because Boston condos provide a green lifestyle. Ideally located next to transit, and walking distance to countless shops and restaurants (and workplaces), a downtown Boston condo can be one of your greenest lifestyle choices that is also good for your financially. Numerous Boston midtown condo high rise locations have been built to the highest green standards available – LEED Platinum.
Boston condos for sale – 2019
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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