Another interesting article from the Banker & Tradesman entitled: Setting the stage for the next housing bubble? To summarize, this year in the Boston area, just 3,500 homes were built. In 2005 at the height of the boom, more than 15,000 homes were built.

The following are excerpts from Scott Van Voorhis’s article on a disturbing trend:

That trend is the plunge in new housing construction. While there recently have been some bright signs of a modest turnaround here – stay tuned readers – 2009 saw the number of new homes built in the Boston area plunge to its lowest tally in decades.

When it comes to producing new housing, the Boston area has been running on empty for quite a few years.

And as the market heats up, this is one trend that is surely bound to come back to haunt us.

What are your thoughts? Are you concerned?

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.


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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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