Location, Location, Location

Downtown Boston is filled with such diversity. There are several  communities that make up the Boston condo market. Each individual sub market performs based on its specific price points and location. I guess it shouldn’t be surprising that performance of high-end product and very average product are continually generalized together. Investors who made bad choices buying average real estate in average locations broke the most basic of all value rules: LOCATION, LOCATION, LOCATION. Investors who made good choices buying quality product in desirable locations “made money” quite well.

 Here in Boston Beacon Hill, we now know that smaller units in quality buildings gain equity at the same rate as the penthouses the Boston Midtown area. Conversely, Penthouses in average buildings had less appreciation at the same rate as tiny studios in Beacon Hill.

The bottom line for Downtown is: Unless you are a buyer looking to purchase in 1 or 2 troubled complexes, sellers are NOT panic selling in Beacon Hill or Boston Midtown. The best complexes Downtown have, and will continue to have strong value. The decision in buying a Downtown home is not solely price driven. Other factors like quality, location, and construction materials mean so much more to the future value of your investment.

Boston condos for sale near Beacon Hill

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

Comments

comments

Call Now