Cape Cod Real Estate has been surprisingly busy for this holiday season. Typically once Thanksgiving comes and goes Cape real estate slows down. However, this year I have continued to see a lot of activity. The biggest issue has been inventory. I have gone on 4 listing appointments in the past few weeks and think that this winter and spring markets should be very strong. Consumer confidence is up, property values are on the increase and interest rates remain very low!! All signs are pointing for a hot spring market. The Cape Cod rental market is strong as ever and am surprised on some of the rental rates out there. You can pick up properties that will cover your costs or at least come very close. There is a new construction project on Taunton Ave in East Dennis that are 3 bedrooms for $699k and the weekly rental income could top $4500 per week in the summer. That is roughly $50k per year in rental income. For more information and to stay current with listings visit my website at danneske.raveis.com or go to capecodsalesbydan.com.
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