From the Boston Foundation:

Demographic Trends

The last two years (2007 and 2008) have seen the population of Greater Boston increase by nearly 65,000 individuals, to 4.1 million. This increase in population resulted in the addition of nearly 23,000 new households, bringing the total to 1.55 million. The recession of the past year had already taken its toll on incomes.

  • Median real household income in 2008 was up by just 0.28 percent over 2007.
  • Over the longer run, real household income has grown very slowly since 2000, rising by only 3.25 percent overall.
  • Virtually all of this gain was among homeowners, who experienced a 4.7 percent increase since 2000. Meanwhile, the median income of renter households has actually declined by 7 percent. This growing divergence between the incomes of homeowners and renters represents a long-term trend.
  • 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

    Comments

    comments

    Call Now