Moving forward into the Fall 2019, there’s a general expectation that Beacon Hill condo for sale inventory will increase, as it does every year when the Fall/Winter months are approaching.  Rising Beacon Hill condominium prices have brought most home sellers in a very liquid position The average price for a  Beacon Hill condo for sale is now $1,449,500 The average sales price of condominiums that sold in the Beacon Hill in the last 30 days was $1,150,000

Many people appear to be viewing Beacon Hill condos for sale as interest rates are at a near 3 year low. Fortunately, the Chairman of the Federal Reserve, will not be raising  rates for the remainder of 2019.  But lest we get too relaxed about the future of mortgage financing, there are also rumors that we may be heading into a Recession in 2020.  

Fortunately the rumors about recession are just that… still rumors.  With the Beacon Hill condo market still strong, the out;look for the remaining 2019 still looks bright. Some private banks can afford to loosen lending standards and again get more creative with mortgage financing.  Some examples of this are 90% loan-to-value conventional mortgages with Private Mortgage Insurance (PMI) and the return of secondary financing which is allowing some borrowers to put as little as 5% down payment on conventional loans.

Boston Beacon Hill Condos 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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