While baby boomers drove the demand for comfortable suburbs, larger homes, and bigger yards farther from the city, millennial’s are now bucking the trend and increasingly moving from the suburbs and back into downtown Boston to be closer to the action. Once there, millennial’s are more likely to jump into a Boston high rise condo rather than taking on the upkeep of a single-family home. Here’s why millennials are starting to prefer condos for sale in downtown Boston.

Condos Are Near the Action

More than any other generation, millennial’s want to be close to the action and prefer the excitement a large city offers. Boston condos for sale can be the perfect choice, as many Boston Seaport condo developments are in downtown cores. By staying close to the action, millennial’s can also reduce their commutes and even bike to work. Boston downtown condos make it easy for millennial’s to choose where they want to live without breaking their budgets, as they’re usually located in prime spots in major cities that would otherwise be too expensive.

Condos Come with In-Demand Amenities

Millennial’s know how to get the most bang for their buck. Rather than sinking all their money into house payments, many look instead for the best value. Boston Seaport Condo developments tend to come with amenities that make life easier and more enjoyable, such as swimming pools, modern gyms, green space, and indoor parking. By moving into a Boston Seaport condo, you can skip the gym membership and have space to entertain guests and relax without paying for more square footage.

Condos Don’t Have Unnecessary Space

Millennial’s are less likely than the previous generation to need a lot of square footage. They’re waiting longer to get married, and many delay having children—if they ever decide to—which means the traditional house with three bedrooms and a large yard is often viewed as overkill. Many millennial’s prefer smaller footprints for their homes to get higher value for their money.

Condos Are a Low-Maintenance Solution

Millennial’s tend to have a strong grasp on what their time is worth, and many don’t see the appeal of wasting their time maintaining a large home and yard. Many would prefer instead to pay a predictable condo fee and enjoy a low-maintenance home without worrying about upkeep, maintenance, and major repairs. The condo lifestyle makes it easier to maintain a healthy work/life balance for millennial’s who are already working long hours and managing busy schedules.

Condos Are More Affordable

For millennial’s, the appeal of Boston condos for sale goes beyond convenience: they don’t want to end up “house poor.” In light of home prices rising faster than wages and the heavy burden of student loan debt, condos offer younger adults a way to own their own homes without the substantial down payments, un-affordable mortgage payments, and upkeep of detached homes. Buying a condo tends to be even more affordable than renting, even with condo fees included, and it gives millennial’s an avenue for building equity of their own.

No matter what generation you belong to, a condo can be the ideal home for your lifestyle. If you’re looking to buy Boston real estate, downtown condos should at the top of your list of homes to check out. Reach out to the agents at Ford Realty Inc.,—the experts on downtown Boston condos for sale including Boston high rise condominiums—to help you find your perfect home. Give us a call today at 617-595-3712

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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