A new survey released by Citi found Boston-area residents are more optimistic about their own personal finances and local business conditions than the nation as a whole.

In response to current economic concerns, however, Boston-area residents continue to make dramatic changes in their personal behavior and financial planning, including 51 percent who have postponed the purchase of a major item such as an automobile or other expensive item. Forty percent have taken money out of savings or investments to help pay expenses and one-third of Boston area residents are working longer hours to make ends meet, according to the study.

Confidence appears to be building around the Boston housing market, with local residents saying homes will increase in value rather than go down, with nearly two in three homeowners reporting their belief that they could sell their house today for more than they paid for it.

Three in 10, or 31 percent, of Bostonians believe the value of homes in their area will go up in the next year. Half of the people polled believe percent home values will remain the same, just 16 percent say values will go down, according to the survey.

Author Profile

John Ford
John Ford

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.


Back Bay

Beacon Hill

Charles River Park


North End

South End

Seaport District

South Boston



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.

John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114



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