boston-real-estate-standoff

Who’ll win this showdown between buyer and seller? Well, Northeast Realtors in this poll suggest buyers will keep the edge as 54% of those polled think local prices will fall in the next 6 months.

Here’s how 3 key questions were answered (rest of poll IS HERE!)

Buyers think listing prices are …

US
59% – Overpriced
18% – Fairly priced
23% – underpriced

West
51% – Overpriced
23% – Fairly priced
26% – Underpriced

Southeast
59% – Overpriced
15% – Fairly priced
26% – Underpriced

Midwest
63% – Overpriced
6% – Fairly priced
21% – Underpriced

Northeast
62% – Overpriced
18% – Fairly priced
20% – Underpriced

Realtos suggested price, owners think their home’s worth is……….

US
63% – Higher
14% – Equal
23% – Lower

West
54% – Higher
16% – Equal
30% – Lower

Southeast
67% -Higher
11% – Equal
22% -Lower

Midwest
62% – Higher
17% – Equal
21% – Lower

Northeast
72% – Higher
10% – Equal
18% – Lower

Realtors think in the next 6 months, prices in their towns will …

US
53% – Decrease
36% – Stay the same
11% – Increase

West
66% – Decrease
27% – Stay the same
7% – Increase

Southeast
52% – Decrease
36% – Increase
12% – Stay the same

Midwest
43% – Decrease
42% -Stay in the same
15% – Increase

Northeast
54% – Decrease
40% – Stay the same
6% – Increase

Your thoughts?

Source:HomeGain.com

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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