The Boston downtown real estate market is once again heating up (like the weather) and tilting the scale in favor of sellers. Should the current trend continue during the second half of the year, more sellers will likely be enticed to list their Boston condos for sale. With the above in mind, now is a good time to go shopping for a Boston Seaport condo for sale. Since the house hunting process has largely moved online, here are a few tips to make your search more efficient.

Start with a Boston Downtown Real Estate Market Report

Thanks to real estate analytics websites such as Zillow, Trulia and even of this website, you can get an idea of what market conditions are like in the Boston downtown area’s you’re interested in. Starting with a general region such as the Boston Seaport District, you can narrow your search down to a few zip codes, paying attention to average prices, recent sales, and how quickly properties are being sold. Look for listing trends that stand out. For example, if an area shows stagnant listings and low sales despite price drops, you may want to look elsewhere.

Figure Out How Much You Can Really Afford for a Boston Condo for Sale

Once you settle on a few Boston downtown real estate neighborhoods where you’d like to tour listings, take a look at median prices and talk to a mortgage loan officer about financing options. These days, the mortgage lending process starts with a home affordability worksheet that provides a realistic scenario of how much you can borrow based on your income and all monthly expenses, which allows you to focus your home search within a specific price range.

Pay Close Attention to Downtown Real Estate Status and Day’s-on-Market

When browsing Boston real estate websites sites such as Zillow, you have to keep in mind that not all listings may be available. Look for a description field that indicates the status of the property. If it says “active,” you can schedule a showing and enter a bid. In some cases, you may see the listing has already sold. In other cases, it may be coming back on the market, which could mean a deal fell through, and this may present an opportunity to enter a lower bid.

Set Up Smartphone Alerts for New Boston Condos for Sale

This is one of the most enjoyable aspects of online Boston downtown real estate searching. Many websites, particularly those managed by real estate agencies, offer opportunities to receive mobile notifications whenever there’s a price drop or when a listing that matches your precise criteria comes on the market.

Boston Downtown Real Estate – Conclusion

If you’re looking for a condo in downtown Boston, now may be a great time to find your dream home at the right price. Make sure to seek help from reliable professionals with extensive expertise, condos are likely to come on the market steadily moving forward from Summer through the Fall, so stay on top of the latest listings by calling us at 617-595-3712.

Boston Downtown Real Estate 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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