Boston Real Estate

Boston residential property confidence in at an all time excessive

Fannie Mae simply launched the July version of their House Buy Sentiment Index (HPSI). The HPSI takes data concerning customers’ confidence in the true property market from Fannie Mae’s Nationwide Housing Survey and condenses it right into a single quantity. Due to this fact, the HPSI displays customers’ present views and forward-looking expectations of housing market situations.

 The index reached its highest degree since Fannie Mae started their survey. Breaking it down, the report revealed:

The share of People who say it’s a good time to purchase a house elevated from the identical time final 12 months.The share of those that say it’s a good time to promote a house elevated from the identical time final 12 months.The share of People who say they don’t seem to be involved about shedding their job over the subsequent 12 months elevated dramatically (16 share factors) from the identical time final 12 months.The share of People who say mortgage charges will go down over the subsequent 12 months elevated dramatically (24 share factors) from the identical time final 12 months.

The day after the index was launched, Freddie Mac additionally introduced the 30-year fixed-rate mortgage price fell to its lowest degree in three years.

Doug Duncan, Senior Vice President and Chief Economist at Fannie Mae defined the uptick within the index:

“Shopper job confidence and favorable mortgage price expectations lifted the HPSI to a brand new survey excessive in July, regardless of ongoing housing provide and affordability challenges. Customers seem to have shaken off a winter droop in sentiment amid robust earnings positive aspects. Due to this fact, sentiment is positioned to make the most of any provide that involves market, notably within the inexpensive class.”

Customers are feeling good in regards to the Beacon Hill actual property market. Since People aren’t nervous about their jobs, see mortgage charges close to an all-time low, and imagine it’s a good time to purchase, the housing market will stay robust for the remainder of the 12 months.

For extra data contact John Ford at 617-595-3712 or electronic mail realtyford@yahoo.com

At the moment’s latest Boston condos on the market

Our Boston condos on the market listings are up to date in actual time. To schedule an appointment please be at liberty to contact John Ford on his cell/textual content at 617-595-3712 or by way of electronic mail @realtyford@yaho.com

View the most recent Boston condos on the market, simply listed at this time. For extra data contact Ford Realty Inc., at 617-595-3712.

2
Beds

2
Baths

1,498
SqFt

© 2019 MLS Property Info Community, Inc. (MLSPIN). All rights reserved.
The property itemizing knowledge and knowledge set forth herein have been offered to MLS Property Info Community, Inc. from third get together sources, together with sellers, lessors and public information, and have been compiled by MLS Property Info Community, Inc. The property itemizing knowledge and knowledge are for the non-public, non industrial use of customers having a very good religion curiosity in buying or leasing listed properties of the sort exhibited to them and is probably not used for any goal apart from to establish potential properties which such customers might have a very good religion curiosity in buying or leasing. MLS Property Info Community, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property itemizing knowledge and knowledge set forth herein.

MLS PIN knowledge final up to date at August 11, 2019 11:32 PM ET

2
Beds

2
Baths

1,028
SqFt

Open Home: Aug 18, 2019 12:00 PM – 1:00 PM

2
Beds

1 | 1
Baths

756
SqFt

three
Beds

three
Baths

1,050
SqFt

2
Beds

1
Baths

1,zero32
SqFt

2
Beds

1
Baths

1,045
SqFt

2
Beds

2
Baths

1,137
SqFt

2
Beds

2
Baths

1,166
SqFt

2
Beds

2
Baths

1,238
SqFt

2
Beds

1 | 1
Baths

1,448
SqFt

1
Beds

2
Baths

1,163
SqFt

2
Beds

1 | 1
Baths

1,302
SqFt

2
Beds

2
Baths

1,225
SqFt

2
Beds

2
Baths

1,185
SqFt

2
Beds

2
Baths

1,435
SqFt

three
Beds

three
Baths

1,626
SqFt

© 2019 MLS Property Info Community, Inc. (MLSPIN). All rights reserved.
The property itemizing knowledge and knowledge set forth herein have been offered to MLS Property Info Community, Inc. from third get together sources, together with sellers, lessors and public information, and have been compiled by MLS Property Info Community, Inc. The property itemizing knowledge and knowledge are for the non-public, non industrial use of customers having a very good religion curiosity in buying or leasing listed properties of the sort exhibited to them and is probably not used for any goal apart from to establish potential properties which such customers might have a very good religion curiosity in buying or leasing. MLS Property Info Community, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property itemizing knowledge and knowledge set forth herein.

MLS PIN knowledge final up to date at August 11, 2019 11:32 PM ET

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Writer Profile

John Ford John Ford EXPERIENCE

Over the course of 20 years within the Boston downtown actual property market, John represented and bought quite a few, condominiums, funding and improvement properties in Higher Boston and within the surrounding suburbs

Along with representing Boston condominium patrons and sellers, John is at the moment one of the crucial acknowledged Boston condominium weblog writers concerning Boston condominiums and residential actual property markets. John’s insights and observations in regards to the Boston condominium market have been seen in all kinds of essentially the most established native & nationwide media retailers together with; Banker and Tradesman, Boston Journal The Boston Globe, The Boston Herald and NewsWeek and Fortune journal, amongst others.

HISTORY

For over 24 years, John Ford, of Ford Realty Inc., has been actively concerned in the true property trade. He began his profession in industrial actual property with a nationwide agency Spaulding & Slye and shortly realized that he had a ardour for residential properties. In 1999, John entered the residential actual property market, and in 2000 John Began his personal agency Ford Realty Inc. As a dealer, his purchasers have come to like his enjoyable, vivacious, and pleasant perspective. He prides himself on bringing honesty and integrity to all the residence shopping for and promoting course of. Along with serving to patrons and sellers, he additionally works with rental purchasers. Whether or not you’re seeking to buy a brand new Boston condominium or lease an condo, you’ll shortly study why John has a 97% closing price.

AREAS COVERED

Again Bay

Beacon Hill

Charles River Park

Downtown/Midtown

North Finish

South Finish

Seaport District

South Boston

Waterfront

Brookline

Surrounding Communities of Boston
Contact
John Ford and his workers could be reached at 617-595-3712 or 617-720-5454. Please be at liberty to cease by John’s Boston Beacon Hill workplace positioned at 137 Charles Road.

John Ford
Ford Realty Inc
137 Charles Road
Boston, Ma 02114

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