The real-estate industry rejoiced when Housing Secretary Shaun Donovan told a Realtor conference earlier this month that the FHA was finalizing policies that would allow first-time buyers to apply an $8,000 tax credit towards the down payment of their home. The gist: The FHA would offer bridge loans that would allow buyers to get a cash advance on their tax credit, to be repaid when the buyer receives their tax credit check from the Internal Revenue Service.

That was two weeks ago, and some builders and Realtors are getting antsy as they wait for the effort to materialize. Home buyers, meanwhile, are confused. A memo outlining the program was posted online on May 11, the day before Mr. Donovan’s announcement, but was later pulled. That prompted Internet buzz that the program might not happen after all.

Read More – The Wall Street Journal

Author Profile

John Ford
John Ford

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.


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.


Back Bay

Beacon Hill

Charles River Park


North End

South End

Seaport District

South Boston



Surrounding Communities of Boston
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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