Saturday, March 14, 2009
Cape Cod Real Estate Short Sales
Cape Cod Real Estate short sales are becoming more and more prominant on Cape Cod. I am seeing some fantastic opportunities for people to be able to invest in condos and homes for sale on Cape Cod by taking advantage of short sales and bank owned properties. The majority are located in Barnstable county close to a wide array of beaches, great restaurants and shopping. I am seeing alot of properties come on the market at under $200K which is unheard of 3 years ago. I showed a short sale in hyannis the other day that has been on the market 3 days and already had 7 offers and 11 back up offers on the table, so our real estate market is very active. People are out there investing in Cape Cod real estate. If you want to see what is currently on the market go to my website at www.capecodrealestatebydan.com and click on search the cape cod mls. Here you will be able to search all properties for sale on cape cod and be able to sign up for daily alerts notifying you of newly listed properties. It is important to be ready to act fast when you see a property you like as there are alot of clients out there shopping. Anything I can do to answer any questions about bank owned or short sale properties on cape cod please get in contact with me.
Friday, March 13, 2009
Cape Cod Interest Rates and Vacation Property
Cape Cod Springtime,
Real estate is really starting to spring into action on Cape Cod. The sun is shining and I am even starting to see some buds blooming. That means summer is just around the corner, are you ready for summer? Cape Cod interest rates continue to remain very low, and for the first time in years we are not only seeing the 30 and 15 year fixed rates low, but we are also noticing that the jumbo interest rates are now under 6%. That's right...Cape Cod Five Bank in Orleans and Brewster are now offering a 7/1 arm jumbo for 5.625%. That means that those of you who are looking for your Cape Cod waterfront home, or even a home within walking distance to any one of cape cod's beautiful beaches, now more than ever is the ideal time to invest. The cape cod rental market remains very strong for properties all within 3/10ths of a mile to the beach. That also means when you are not using your second or investment property you will be able to rent out your home and help cover your operating costs. We have seen property values for waterfront and cape cod homes for sale within close proximity to the beach come down in price, making them affordable as ever. Don't delay because the springtime on Cape Cod is the prime buying season and there are alot of people out fishing for deals right now. Go to my website to be able to search the Cape Cod MLS for free and sign up for daily updates to get the upper hand on any new listings that meet your criteria. You can also call or email me to pick my brain. I am always happy to offer my advice. Take care for now and happy home shopping.
Real estate is really starting to spring into action on Cape Cod. The sun is shining and I am even starting to see some buds blooming. That means summer is just around the corner, are you ready for summer? Cape Cod interest rates continue to remain very low, and for the first time in years we are not only seeing the 30 and 15 year fixed rates low, but we are also noticing that the jumbo interest rates are now under 6%. That's right...Cape Cod Five Bank in Orleans and Brewster are now offering a 7/1 arm jumbo for 5.625%. That means that those of you who are looking for your Cape Cod waterfront home, or even a home within walking distance to any one of cape cod's beautiful beaches, now more than ever is the ideal time to invest. The cape cod rental market remains very strong for properties all within 3/10ths of a mile to the beach. That also means when you are not using your second or investment property you will be able to rent out your home and help cover your operating costs. We have seen property values for waterfront and cape cod homes for sale within close proximity to the beach come down in price, making them affordable as ever. Don't delay because the springtime on Cape Cod is the prime buying season and there are alot of people out fishing for deals right now. Go to my website to be able to search the Cape Cod MLS for free and sign up for daily updates to get the upper hand on any new listings that meet your criteria. You can also call or email me to pick my brain. I am always happy to offer my advice. Take care for now and happy home shopping.
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