Boston Condo Investors Know How To Select The Right Neighborhood Boston Condos For Sale Ford Realty

Boston condo investors get ready for yet another hot year!

A successful Boston downtown condo investing career requires buying an investment property in a successful Boston condos for sale market. Over the years, downtown Boston real estate has consistently ranked among the top 20 housing markets in the country to invest in, and according to Forbes, 2019 is no exception. In this article, we break down the reasons why property investors should go ahead and buy Boston condo investment property this year and we also explore the best neighborhoods in Boston that property investors should keep in mind. So, with no further do, let’s dive right in.

Why Invest in Boston Real Estate?

As Massachusetts capital, Boston is one of the top 10 largest metro areas in the United States. Over the past few years, the Boston Seaport condo market has seen a constant growth.

Boston metro area had a population of 618,000 people in 2010, which has increased to approximately 667,137 in 2016. The city of Boston is home to an estimated 667,137 people in 2016, although the Greater Boston area is home to an estimated 4.7 million, making it the 10th largest metropolitan area in the United States

Thanks to its great neighborhoods, school systems, good infrastructure, and others, families from high property tax areas like Connecticut as well as NYC are relocating to Boston. Furthermore, Boston’s Seaport District has been attracting Millennials and has also been attracting Seniors – who prefer renting over buying. As a result of this population growth, Boston real estate is a great place to invest in rental properties, especially as stated in the Boston Seaport District.

Strong Economy

Another sign for property investors to start planning on buying ( Boston Charles River Park condos for sale ) as investment property, is the city’s economy. Boston’s capital is not only home to the world’s most famous high tech companies but also pharmaceutical companies are playing a valuable role in the Boston economy and presents a thriving place for businesses including Fortune 500 Headquarters. Moreover, major corporations are also shifting base and opening new branches in Boston/Cambridge, including Google and Amazon.

Consequently, this is definitely a promising sign for property investors looking to buy Boston condos for rentals in 2019. This growing economy and job market come with qualified employees looking for new job opportunities. Thus, the Boston real estate market is one of the best in the country not only for residential rental properties but also commercial properties.

The Best Neighborhoods to Buy Property in Boston Real Estate Market

My two favorite places to invest in right now:

In a future Boston condo blog posts (hopefully soon) I’ll get int more details why I like these two neighborhoods. But the old adage still remains true today as it was when my father bough his first home. Location. Location, location.

Also keep in mind the Baby Boomers their motto when purchasing a Boston condo for sale is: Elevators, Elevators, Elevators

The Bottom Line

To guarantee a successful real estate investing career, the first thing to keep in mind is the location of the investment property. Whether you’re a beginner real estate investor looking for your first investment property, or an experienced real estate investor searching for another rental property to grow your investment portfolio, downtown Boston real estate market should definitely be on your list of places to look into.

Boston Seaport condos for sale