Boston condo buyers

Boston condo buyers

Kenneth Harney has an excellent column about how the government is trying to help average homebuyers compete to buy foreclosed homes taken over by Fannie Mae or Freddie Mac, who usually sell off foreclosed homes to all-cash investment buyers.

There’s not a lot of such average-buyer homes available in Massachusetts, with our 2018 strong Boston economy.

Fannie Mae’s Home Path program, for instance, lists a handful of properties in Boston, Somerville, Brockton and Worcester, though none in, say, Cambridge. (No surprise there.) Check it out.

Incredibly, Harney said 42 percent of all homes sold last month in the US went to cash buyers, an all-time high. With the housing market recovery now allegedly underway across most of the nation, you’d think the all-cash purchases would be declining. But they’re not. It’s an amazing stat.

Photo via WikiMedia Commons.

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Updated: January 2018

 

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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