Make money or lose money? When we’re talking about buying Boston real estate and the New England Patriots, it usually boils down to one thing winning or losing. How do you win? Bill Belichick sums it up best, Belichick believes; “The game is won or lost before you hit the field, which is why preparation is key.”

Let’s discuss the Boston real estate market, should you buy a downtown Boston condo? Should you hold off?

I’ve been both a winner and a victim in the Boston real estate market. And what I can tell you, and I know this sounds simplistic, but a mistake is often made by buying too high, and also by selling too low. When an investor does both, they lose money.

Boston Real Estate for Sale

Purchasing Boston Real estate for sale is a long-term play, so it’s difficult to learn quickly when the action now happens slowly. The average Boston condo homeowner now moves only once every seven years on average. The average investment play is just a bit faster, but with just as much variation as many investors flip within a year, month or even weeks, while other investors hold for eternity as their dynasty.

Another important investment lesson, which I have learned first-hand, applies to every kind of investment. You need to know when to get out, and then buy on the next investment low. Buying low and selling high is a key theme in investing, perhaps the highest of all investment advice. It correlates to another primary theme: “Don’t lose money” or as coach Bill Belichick would say “Don’t take your eye off the ball.”

Beacon Hill Apartment Renters

For Beacon Hill apartment renters, the questions, “Should I buy a Beacon Hill condo?” or rent a Beacon Hill apartment?” This is a bit more cut and dry. If the alternative is paying high rent, and you plan to stay in the area for many years, then the answer is almost always Yes, buy a Beacon Hill condo for sale.

Boston Real Estate Investors

For an investor seeking profit, the investor must first look at their own needs as well. Those who invest in Boston real estate for sale tend to also enjoy living in or frequently visiting downtown Boston (They also tend to be Patriots fans). Downtown Boston residential real estate has shot up every year for the last 10 years.This rapid growth is over for now (sorry to say). Experts are forecasting that growth appreciation will stagnate as we move forward into 2020. Some economically astute Boston real estate professionals are forecasting negative growth and decreasing home prices over the next few years.

Boston Real Estate and New England Patriots

When investing in Boston real estate for sale do your research thoroughly. And remember,  there’s a reason why Bill Belicheck and The New England Patriots are winners. Belichick believes that the game is won or lost before you hit the field, which is why preparation is key.

 

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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