Hoping for lower home prices in Boston and throughout Massachusetts?

Unlikely, today.

Even more unlikely, tomorrow, if (and when) the Federal Reserve lowers interest rates by a quarter (or half?) point, come September 18th.

While inflation seems forever soaring on, given the anemic jobs report that just came out, coupled with slower consumer spending and the general hysteria hitting the economy, it seems a done deal that the government will step in.

Because we don’t live in a “free-market economy”, where supply and demand are elastic.

Meaning that you, homebuyer, will have to settle for a lot less house than you could get, had we all taken a breath and waited to see how things worked out, on their own.

( ** I have no idea what I meant by “elastic” … I was just throwing economic terms around. The rest of my argument is valid, however. **)

More: Economist: Fed has the Power to End Housing Slump – By Peter Coy, Business Week Online, by way of Realtor.org

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Updated:  1st Q 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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